AGRICULTURAL LAND PRICES, 2024

Data on the prices of specific categories of agricultural land (arable land, meadows and pastures) are presented for 2024 for the Republic of Croatia at HR_NUTS 2021 – HR NUTS 2 level.

According to collected data, the average price of purchased arable land in the Republic of Croatia in 2024 amounted to 5 965 euro per hectare, of meadows to 3 082 euro per hectare and of pastures to 4 034 euro per hectare.

In Pannonian Croatia, the average price of purchased arable land in 2024 amounted to 6 231 euro per hectare, of meadows to 2 445 euro per hectare and of pastures to 2 948 euro per hectare.

As for Adriatic Croatia, the average price of purchased arable land in 2024 was 6 655 euro per hectare, of meadows it was 2 809 euro per hectare and of pastures it was 4 334 euro per hectare.

In North Croatia, the average price of purchased arable land in 2024 was 4 943 euro per hectare, of meadows it was 4 007 euro per hectare and of pastures it was 3 255 euro per hectare.

NOTES ON METHODOLOGY

Sources and methods of data collection

Data on the prices of purchased farmland are obtained from the available administrative data of 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. The Farm Structure Survey is a sample-based survey carried out every three years. Consequently, the results of the mentioned survey affect the calculation results of the Land Prices in 2024 – Provisional Data survey. Data for 2024 have been calculated on the basis of 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 the 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 the 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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