Forest rents (% of GDP) for the Philippines

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 0.1645 as of 12/31/2021, the lowest value at least since 12/31/1971, the period currently displayed.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -13.73 percent compared to the value the year prior.
The 1 year change in percent is -13.73.
The 3 year change in percent is -17.13.
The 5 year change in percent is -34.73.
The 10 year change in percent is -54.70.

The Serie's long term average value is 0.757. It's latest available value, on 12/31/2021, is 78.28 percent lower, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/2021, to it's latest available value, on 12/31/2021, is +0.0%.
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 -94.89%.