ZAGREB, 5 April 2022 - Agricultural land in Croatia is the cheapest in the EU, more than 20 times cheaper than in the Netherlands, which has the most expensive agricultural land, show data from the EU's statistical office Eurostat.

Eurostat has established that one hectare of farmland in the Netherlands cost as much as €69,632 in 2019, noting that all Dutch regions are above the average of other EU countries.

Croatia had the cheapest arable land, with the price of one hectare being €3,440 in 2020.

Among the regions, the most expensive are the Spanish Canary Islands, where one hectare of arable land in 2020 cost €120,447.

Sweden's Oevre Norrland was the cheapest, with a hectare of agricultural land costing only €1,822 in 2020.

Eurostat did not have data for Germany, Portugal and Cyprus.

In the period from 2011 to 2020 the price of farmland grew the most in Romania and the Czech Republic, more than five times.

Prices of farmland grew significantly also in Estonia and Lithuania, as well as in Bulgaria, Hungary and Poland.

Farmland prices grew also in other EU countries albeit less, the only exception being Greece, where farmland in 2020 was as much as 18% cheaper than in 2011.

Eurostat had data for Croatia only for the period from 2015 to 2020, and they show that the price of farmland in that period grew 26.2%.

Croatia in the company of Baltic countries

Renting agricultural land was most expensive in Italy, an average €837 per hectare annually. The Netherlands was close, with an average €819 a year.

Among the regions, the highest average price of farmland rent was reported in 2020 in Italy's Friuli-Venezia-Giulia at €1,714 per hectare.

In Croatia, renting a hectare of agricultural land in 2020 cost €73. Latvia and Estonia followed, with €71 and 76 respectively.

Renting agricultural land was cheapest in Slovakia, a mere €57 per hectare annually.  

ZAGREB, 1 Oct 2021 - The average price of arable land in Croatia in 2020 amounted to HRK 25,930 per hectare, which is HRK 746 more than in 2019, the Croatian Bureau of Statistics (DZS) reported on Friday.

The statistics indicate that in 2020 the average price of meadows increased by HRK 3,326 to HRK 17,289 per hectare and of pastures by HRK 2,193 to HRK 15,651 per hectare.

In the Pannonian Croatia, the average price of arable land purchased in 2020 was HRK 26,416 per hectare, of meadows HRK 18,868 per hectare and of pastures HRK 10,720 per hectare.

The average price of arable land along the Adriatic coast was HRK 33,640 per hectare, of meadows HRK 13,957 per hectare and of pastures HRK 20,423 per hectare.

In northern Croatia, the average price of arable land was HRK 22,518 per hectare, the average price for meadows was HRK 18,981 per hectare and for pastures HRK 16,986 per hectare.

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

(€1 = HRK 7.491)

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