site.btaEurostat Data: Arable Land Rents in 2023
Arable land around Mirkovo village (BTA Photo/Vladimir Shokov)
In 2023, the average price of 1 hectare (10 acres) of agricultural land in the European Union was EUR 11,791. The average price received by owners who rented or leased their land per year was EUR 173 per hectare. This is according to data from the European statistics agency Eurostat, published on Tuesday on its website
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