EU arable land prices averaged €15,224 per hectare in 2024, with sharp gaps across countries and regions

In 2024, the average price of one hectare of arable land in the EU stood at €15,224. This figure was 38 times higher than the average annual rental price, which amounted to €403 per hectare of arable land. Among the 23 EU countries for which 2024 data are available, the price of one hectare of arable…