In 2023, the average price of 1 hectare of arable land in the EU was €11 791, while the average annual rental price of arable land and or permanent grassland stood at €173 per hectare.
Among the 22 EU countries with available data, by far the highest average price for 1 hectare of arable land was recorded in Malta, at €283 039 per hectare. The next highest average price was in the Netherlands at €91 154 per hectare, and then in Luxembourg at €42 540 per hectare.
By contrast, the lowest average prices were recorded in Croatia (€4 491 per hectare), Latvia (€4 591) and Slovakia (€5 189).
Source:
Eurostat, 28 January 2025