EUROSTAT - European Union Statistical Office
EUROSTAT - European Union Statistical Office
01/28/2026 | Press release | Distributed by Public on 01/28/2026 04:07
EU agricultural land price increased by 6.1% in 2024
In 2024, the average price of 1 hectare of arable land in the EU was an estimated €15 224, an increase of 6.1% compared with 2023 (€14 343). The average annual rental price of arable land and permanent grassland was an estimated €295 per hectare, an increase of 6.4% compared with 2023 (€277).
This information comes from data on agricultural land prices and rents published by Eurostat today.
Among countries with available data, the highest average price for 1 hectare of arable land was in Malta (€201 263), followed by the Netherlands (€96 608) and Portugal (€76 556).
The lowest average arable land prices were recorded in Latvia (€4 825 for 1 hectare), Lithuania (€5 590) and Slovakia (€5 823).
Source dataset: apri_lprc
Renting 1 hectare of arable land was most expensive in the Netherlands, at an average €941 a year, followed by Denmark (€580) and Greece (€509).
By contrast, land rental prices were lowest in Slovakia (€69), Croatia (€76) and Malta (€92).
Source dataset: apri_lrnt
EUROSTAT - European Union Statistical Office published this content on January 28, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on January 28, 2026 at 10:07 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]