Latvia vs Nicaragua: Forest rents
Latvia
1.1%
in 2021
Nicaragua
1.1%
in 2021
Latvia rank
54th
Nicaragua rank
51st
Forest rents over time
- Latvia
- Nicaragua
How they compare
Nicaragua currently reports 1.1% against 1.1% in Latvia, a difference of 0.0%.
The two have swapped places 1 time across 27 shared years of data; in 1995 it was Latvia ahead.
Latvia ranks 54th and Nicaragua ranks 51st of 214 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and Nicaragua in 2.
Head to head by decade
| Decade | Latvia | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.4% | 1.7% | 0.7% | Latvia |
| 2000s | 1.5% | 1.1% | 0.3% | Latvia |
| 2010s | 1.1% | 1.8% | 0.7% | Nicaragua |
| 2020s | 1.2% | 1.4% | 0.2% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher forest rents, Latvia or Nicaragua?
- Nicaragua, at 1.1% against 1.1% in Latvia as of 2021.
- What is the difference in forest rents between Latvia and Nicaragua?
- 0.0%, with Nicaragua ahead.
- How many years of comparable data are there for Latvia and Nicaragua?
- 27 years are reported by both, from 1995 to 2021.
- How do Latvia and Nicaragua rank globally for forest rents?
- Latvia ranks 54th and Nicaragua ranks 51st of 214 countries.
- Where does this data come from?
- The Changing Wealth of Nations, World Bank (WB), published as Forest rents (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Forest rents are roundwood harvest times the product of regional prices and a regional rental rate.