Agricultural land renting prices for one year by region in Illes Balears
Illes Balears: Agricultural land renting prices for one year by region was 108 Euro per hectare in 2024. ▬ Flat
Latest (2024)
108 Euro per hectare
Change on year
up 4.9%
Rank
164th
of 182 regions
All-time high
126 Euro per hectare
in 2019
All-time low
93 Euro per hectare
in 2020
Years of data
14
2011–2024
Agricultural land renting prices for one year by region in Illes Balears, 2011–2024
Source: Eurostat. Measured in Euro per hectare.
Analysis
The most recent figure for agricultural land renting prices for one year by region in Illes Balears is 108 Euro per hectare, measured in 2024.
The figure is up 4.9% on the previous year and up 10.2% over ten years.
Over the whole period, agricultural land renting prices for one year by region in Illes Balears peaked at 126 Euro per hectare in 2019 and was at its lowest, 93 Euro per hectare, in 2020.
That places Illes Balears 164th out of 182 regions with data for 2024, putting it in the bottom quarter.
Agricultural land renting prices for one year by region in Illes Balears, year by year
| Year | Euro per hectare | Change |
|---|---|---|
| 2011 | 104 Euro per hectare | — |
| 2012 | 101 Euro per hectare | -2.9% |
| 2013 | 96 Euro per hectare | -5.0% |
| 2014 | 98 Euro per hectare | +2.1% |
| 2015 | 97 Euro per hectare | -1.0% |
| 2016 | 102 Euro per hectare | +5.2% |
| 2017 | 113 Euro per hectare | +10.8% |
| 2018 | 118 Euro per hectare | +4.4% |
| 2019 | 126 Euro per hectare | +6.8% |
| 2020 | 93 Euro per hectare | -26.2% |
| 2021 | 93 Euro per hectare | +0.0% |
| 2022 | 98 Euro per hectare | +5.4% |
| 2023 | 103 Euro per hectare | +5.1% |
| 2024 | 108 Euro per hectare | +4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 106.11 Euro per hectare | 96 Euro per hectare | 126 Euro per hectare | 9 |
| 2020s | 99 Euro per hectare | 93 Euro per hectare | 108 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 prices by region 21,390 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 renting prices for one year by region in Illes Balears?
- Agricultural land renting prices for one year by region in Illes Balears was 108 Euro per hectare in 2024, according to Eurostat.
- What is the highest agricultural land renting prices for one year by region recorded in Illes Balears?
- The highest recorded value was 126 Euro per hectare in 2019.
- What is the lowest agricultural land renting prices for one year by region recorded in Illes Balears?
- The lowest recorded value was 93 Euro per hectare in 2020.
- How does Illes Balears rank for agricultural land renting prices for one year by region?
- Illes Balears ranks 164th out of 182 regions with data for 2024.
- Is agricultural land renting prices for one year by region rising or falling in Illes Balears?
- Over the last ten years it is up 10.2%. The long-run trend across the full record is flat.
- Where does this Illes Balears data come from?
- The figures come from Eurostat, published as part of Agricultural land renting prices for one year by region. Statizoid updates them automatically from the source API.
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