Business

Average Farmland Rent €106 Per Hectare

By 20 December 2021
Average Farmland Rent €106 Per Hectare
Photo: Mario Romulić

ZAGREB, 20 Dec  2021 - The average rental rate of arable land in Croatia in 2020 amounted to HRK 793 (€106) per hectare, which is HRK 26 (€3.5) more than in 2019, the Croatian Bureau of Statistics (DZS) reported on Monday.

The statistics indicate that in 2020 the average grassland rent was HRK 525 per hectare or HRK 13 more year-on-year whereas pastures increased by HRK 12 to HRK 343 per hectare.

In Pannonian Croatia, the average rent of arable land in 2020 was HRK 811 per hectare, of meadows HRK 487 per hectare, and of pastures HRK 307 per hectare.

The average rent of arable land along the Adriatic coast was HRK 651 per hectare, of meadows HRK 558 per hectare, and of pastures HRK 468 per hectare.

In northern Croatia, the average farmland rent rate was HRK 853 per hectare, the average rent for meadows was HRK 676 per hectare and for pastures HRK 405 per hectare.

In the Zagreb City area, the average arable land rent rate was HRK 912 per hectare and for meadows HRK 1,080 per hectare.

The DZS notes that its data is based on Tax Administration data on farmland leases.

(€1 = HRK 7.513279)

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