Forest rents (% of GDP) for New Caledonia



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

The indicator "Forest rents (% of GDP)" stands at 0.0123 as of 12/31/2021.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -3.04 percent compared to the value the year prior.
The 1 year change in percent is -3.04.
The 3 year change in percent is -0.9282.
The 5 year change in percent is -8.17.
The 10 year change in percent is 9.02.

The Serie's long term average value is 0.0237. It's latest available value, on 12/31/2021, is 48.05 percent lower, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/2004, to it's latest available value, on 12/31/2021, is +44.94%.
The Serie's change in percent from it's maximum value, on 12/31/1973, to it's latest available value, on 12/31/2021, is -82.88%.

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