AGRICULTURAL LAND PRICES, 2023 – Provisional Data

Provisional data on the prices of specific categories of agricultural land (arable land, meadows and pastures) in 2023 are presented for the Republic of Croatia.

According to the collected data, the average price of purchased arable land in the Republic of Croatia in 2023 amounted to 4 440 euro per hectare, of meadows to 2 464 euro per hectare and of pastures to 3 102 euro per hectare.

NOTES ON METHODOLOGY

Sources and data collection methods

Data on the prices of purchased farmland are obtained from the available administrative data and the Tax Administration of the Ministry of Finance. Data from the Farm Structure Survey (FSS) conducted by the Croatian Bureau of Statistics are also used for the calculations. Consequently, results of the mentioned survey affect the calculation results of the Land Prices in 2023 – Provisional Data survey. Data for 2023 have been calculated on the basis of the FSS 2023 results (provisional data). The data are calculated in line with the Common Methodology on Agricultural Land Prices and Rents (Eurostat, version of February 2017).

The data are collected exclusively for agricultural land used for agricultural purposes.

The value of any buildings on agricultural land and land transactions between relatives are excluded from the prices.

Data on prices of specific categories of agricultural land (arable land, meadows and pastures) are presented. The aforementioned land categories were selected according to Eurostat’s recommendations.

Coverage

The data on prices of purchased agricultural land were obtained from the records on real estate transactions of the Tax Administration.

Definitions

Arable land means land that is regularly cultivated and is included in a crop rotation system.

Meadow means land used permanently (five years or more) for growing fodder. It is not included in crop rotation. A meadow can be sown or natural (autochthonous).

Pasture means land used for livestock grazing.

Published by the Croatian Bureau of Statistics, Zagreb, Ilica 3, P. O. B. 80
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Press corner: press@dzs.hr

Persons responsible:
Suzana Šamec, Director of Macroeconomic Statistics Directorate
Lidija Brković, Director General

Prepared by:
Matej Pejković and Ivan Dujman

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