Forest rents in Latvia

Latvia: Forest rents was 1.1% in 2021. ▼ Falling

Latest (2021)
1.1%
Change on year
down 11.5%
World rank
54th
of 212 countries
All-time high
2.8%
in 1999
All-time low
0.7%
in 2008
Years of data
27
1995–2021

Forest rents in Latvia, 1995–2021

0.511.522.531995200820211995: 2.4 % of GDP1996: 2.5 % of GDP1997: 2.1 % of GDP1998: 1.9 % of GDP1999: 2.8 % of GDP2000: 2.6 % of GDP2001: 2.1 % of GDP2002: 1.7 % of GDP2003: 1.7 % of GDP2004: 1.6 % of GDP2005: 1.3 % of GDP2006: 1.2 % of GDP2007: 0.954 % of GDP2008: 0.657 % of GDP2009: 0.839 % of GDP2010: 1.2 % of GDP2011: 1.2 % of GDP2012: 1.3 % of GDP2013: 1.1 % of GDP2014: 1 % of GDP2015: 0.969 % of GDP2016: 0.964 % of GDP2017: 1.2 % of GDP2018: 0.994 % of GDP2019: 1.1 % of GDP2020: 1.2 % of GDP2021: 1.1 % of GDP

Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.

Analysis

Latvia recorded 1.1% for forest rents in 2021.

The figure is down 11.5% on the previous year and down 11.1% over ten years.

Over the whole period, forest rents in Latvia peaked at 2.8% in 1999 and was at its lowest, 0.7%, in 2008.

That places Latvia 54th out of 212 countries with data for 2021, putting it in the middle of the range.

The long-run direction has been consistently falling across the 27 years of available data.

Forest rents in Latvia, year by year

Annual values for Forest rents (% of GDP) in Latvia, 1995 to 2021.
Year % of GDP Change
1995 2.4%
1996 2.5% +3.9%
1997 2.1% -16.5%
1998 1.9% -9.3%
1999 2.8% +47.3%
2000 2.6% -8.4%
2001 2.1% -19.7%
2002 1.7% -16.4%
2003 1.7% +0.4%
2004 1.6% -9.6%
2005 1.3% -17.6%
2006 1.2% -10.7%
2007 1.0% -18.0%
2008 0.7% -31.1%
2009 0.8% +27.7%
2010 1.2% +45.3%
2011 1.2% +1.5%
2012 1.3% +4.5%
2013 1.1% -18.5%
2014 1.0% -1.2%
2015 1.0% -7.0%
2016 1.0% -0.5%
2017 1.2% +21.4%
2018 1.0% -15.1%
2019 1.1% +13.7%
2020 1.2% +10.0%
2021 1.1% -11.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.4% 1.9% 2.8% 5
2000s 1.5% 0.7% 2.6% 10
2010s 1.1% 1.0% 1.3% 10
2020s 1.2% 1.1% 1.2% 2

Countries ranked near Latvia

  1. 51 Nicaragua 1.1% compare
  2. 52 Nigeria 1.1% compare
  3. 53 Fiji 1.1% compare
  4. 55 Viet Nam 1.1% compare
  5. 56 Belarus 1.0% compare
  6. 57 Tajikistan 1.0% compare

See the full ranking of 260 places →

More environment data for Latvia

All data for Latvia →

Frequently asked questions

What is forest rents in Latvia?
Forest rents in Latvia was 1.1% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
What is the highest forest rents recorded in Latvia?
The highest recorded value was 2.8% in 1999.
What is the lowest forest rents recorded in Latvia?
The lowest recorded value was 0.7% in 2008.
How does Latvia rank for forest rents?
Latvia ranks 54th out of 212 countries with data for 2021.
Is forest rents rising or falling in Latvia?
Over the last ten years it is down 11.1%. The long-run trend across the full record is falling.
Where does this Latvia data come from?
The figures come from The Changing Wealth of Nations, World Bank (WB), published as part of Forest rents (% of GDP). Statizoid updates them automatically from the source API.

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Forest rents in Latvia. Statizoid, drawing on The Changing Wealth of Nations, World Bank (WB). Retrieved 22 August 2026, from https://environment.statizoid.com/stat/forest-rents-percent-of-gdp/latvia/

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About this data

Indicator
Forest rents (% of GDP)
Unit
% of GDP
Source
The Changing Wealth of Nations, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
260 places, 11,690 data points, 1970–2021
Last refreshed

Forest rents are roundwood harvest times the product of regional prices and a regional rental rate.