3. Statistical presentation |
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3.1. Data description |
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Land prices |
Land rents |
Data description |
Data was obtained from the register of real estate transactions from the National Land Survey of Finland. This register contains prices per hectare (EUR/ha) of property sales in sparsely populated areas. At least 95% of the total area must be arable land. Purchase area is at least 2 hectares and purchase price is between EUR 1,000 and EUR 26,000.No transactions between relatives is included. Data was aggregated by calculating a weighted average using the regional (NUTS II) average rent and the information on area (NUTS II) provided by the latest data from the Farm Structure Survey (FSS). |
Data was obtained from FADN data. Data was aggregated by calculating a weighted average using the regional (NUTS II) average rent and the information on area (NUTS II) provided by the latest data from the Farm Structure Survey (FSS). |
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3.2. Classification system |
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Land prices |
Land rents |
Classification system |
NUTS II |
NUTS II |
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3.3. Coverage - sector |
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Land prices |
Land rents |
Coverage - sector |
At least 95% of the total area must be arable land. Purchase area is at least 2 hectares and purchase price is between EUR 1,000 and EUR 26,000. |
Data has been collected as sample survey and estimated from this at the level of whole country. |
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3.4. Statistical concepts and definitions |
Definition of the land price values
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Land prices |
Land rents |
Definition of the land price values |
The price of agricultural land (arable land, permanent grassland) is the price received/paid by the holder in free trade without deduction of taxes or levies and without the inclusion of subsidies. |
The price of rented agricultural land (arable land, permanent grassland) is the price paid by the farmer without value added tax. If the renting price was paid by means other than cash the price was estimated. |
The costs of transferring ownership (therefore lawyer's fees, registration taxes and real estate) are excluded from collected selling/purchase price of agricultural land? |
Yes |
Not applicable. |
The value of deductible VAT is excluded from the price of agricultural land? |
Yes |
Yes |
The entitlements related to the land are excluded from the collected selling/purchase/renting price of agricultural land? |
Yes |
Yes |
The value of any buildings or dwellings situated on it and any other expenses related to other assets except the agricultural land (current maintenance expenditure on buildings, buildings insurance, depreciation of buildings, rents paid for the professional use of non-residential buildings etc.) are excluded from the price of agricultural land? |
Yes |
Yes |
The value of any monetary compensation received by farmers for the sales/acquisition of the Utilized Agricultural Area is excluded from the collected selling/purchase price of agricultural land? |
Yes |
Not applicable. |
The value of any inheritances transfers related to the sold/purchased land is excluded from the collected selling/purchase price of agricultural land? |
Yes |
Not applicable. |
If you have replied NO to any of the above questions explain the reason why. |
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EU Target Methodology
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Land prices |
Land rents |
Does the data collection observe the land categories as specified in the EU Target Methodology? |
Yes |
Yes |
If not, please describe the differences. |
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Other UAA categories
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Land prices |
Land rents |
Does the price information provided to Eurostat include information on other UAA categories? |
No |
No |
If yes, specify which categories. |
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3.5. Statistical unit |
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Land prices |
Land rents |
Reporting unit |
Transaction-specific data from the purchase price statistics of the National Land Survey of Finland. |
Data is collected from agricultural holdings. |
Observation unit |
The observation unit is the price of one hectare of agricultural land sold/purchased for agricultural use. In Finland, we have only one category of land for which prices are observed, because the area of permanent grassland is below 5 per cent of utilized agricultural land. |
The observation unit is the price of one hectare of agricultural land rented for agricultural use. In Finland, we have only one category of land for which renting prices are observed, because the area of permanent grassland is below 5 per cent of utilized agricultural land. |
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3.6. Statistical population |
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Land prices |
Land rents |
Does any kind of physical, economical or other threshold apply for data collection on land prices and rents? |
Purchase area is at least 2 hectares and purchase price is between EUR 1,000 and EUR 26,000. |
The economic size of agricultural holding is more than EUR 2,000. The economic size is calculated using the standard output (SO) method. |
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3.7. Reference area |
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Land prices |
Land rents |
Reference area |
Whole country |
Whole country |
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3.8. Coverage - Time |
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Land prices |
Land rents |
Time coverage |
2014 - 2019 |
2014 - 2019 |
When was the first survey/data collection on land prices and rents in line with common Target Methodology organised? |
Data of year 2014 |
Data of year 2014 |
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3.9. Base period |
Not available. |