Agricultural land prices by region in Illes Balears
Illes Balears: Agricultural land prices by region was 21,390 Euro per hectare in 2024. ▲ Rising
Agricultural land prices by region in Illes Balears, 2011–2024
Source: Eurostat. Measured in Euro per hectare.
Analysis
Illes Balears recorded 21,390 Euro per hectare for agricultural land prices by region in 2024. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 7.9% on the previous year and up 21.7% over ten years.
Over the whole period, agricultural land prices by region in Illes Balears peaked at 21,390 Euro per hectare in 2024 and was at its lowest, 16,596 Euro per hectare, in 2020.
Illes Balears ranks 84th of 242 regions on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Agricultural land prices by region in Illes Balears, year by year
| Year | Euro per hectare | Change |
|---|---|---|
| 2011 | 18,755 Euro per hectare | — |
| 2012 | 17,850 Euro per hectare | -4.8% |
| 2013 | 17,078 Euro per hectare | -4.3% |
| 2014 | 17,577 Euro per hectare | +2.9% |
| 2015 | 18,492 Euro per hectare | +5.2% |
| 2016 | 19,199 Euro per hectare | +3.8% |
| 2017 | 19,613 Euro per hectare | +2.2% |
| 2018 | 19,976 Euro per hectare | +1.9% |
| 2019 | 20,906 Euro per hectare | +4.7% |
| 2020 | 16,596 Euro per hectare | -20.6% |
| 2021 | 17,387 Euro per hectare | +4.8% |
| 2022 | 18,215 Euro per hectare | +4.8% |
| 2023 | 19,830 Euro per hectare | +8.9% |
| 2024 | 21,390 Euro per hectare | +7.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 18,827 Euro per hectare | 17,078 Euro per hectare | 20,906 Euro per hectare | 9 |
| 2020s | 18,684 Euro per hectare | 16,596 Euro per hectare | 21,390 Euro per hectare | 5 |
More economy & growth data for Illes Balears
- Gross domestic product (GDP) and Gross value added (GVA) in volume by 140.7 Index, 2020=100 (2024)
- Gross domestic product (GDP) at current market prices by NUTS 2 region 44,693 Million euro (2024)
- Average annual population to calculate regional GDP data (thousand) 1,238 Thousand (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 44,693 Million euro (2024)
- Gross value added at basic prices by NUTS 3 region 40,666 Current prices, million euro (2024)
- Economic accounts for agriculture by NUTS 2 region - values at 12.31 Million euro (2023)
- Income quintile share ratio S80/S20 by NUTS 2 region 4.5 Index (2025)
- Agricultural land renting prices for one year by region 108 Euro per hectare (2024)
- Irrigation of agricultural holdings by utilised agricultural area 167,530 Hectare (2020)
- Farms and hectares by crops, utilised agricultural area, economic 167,530 Hectare (2020)
Frequently asked questions
- What is agricultural land prices by region in Illes Balears?
- Agricultural land prices by region in Illes Balears was 21,390 Euro per hectare in 2024, according to Eurostat.
- What is the highest agricultural land prices by region recorded in Illes Balears?
- The highest recorded value was 21,390 Euro per hectare in 2024.
- What is the lowest agricultural land prices by region recorded in Illes Balears?
- The lowest recorded value was 16,596 Euro per hectare in 2020.
- How does Illes Balears rank for agricultural land prices by region?
- Illes Balears ranks 84th out of 242 regions with data for 2024.
- Is agricultural land prices by region rising or falling in Illes Balears?
- Over the last ten years it is up 21.7%. The long-run trend across the full record is rising.
- Where does this Illes Balears data come from?
- The figures come from Eurostat, published as part of Agricultural land prices by region. Statizoid updates them automatically from the source API.
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