• The agricultural land price is the price of a hectare that farmers pay for agricultural land (arable land or grassland).
• The calculation of land prices is based on transactions recorded as notarial deeds, supplemented with information on the agricultural sector obtained through a weighting system based on CENSUS data or the latest available FSS/IFS data.
• Current prices in EUR per hectare.
• Price calculated at the level of administrative regions (NUTS 2).

• The average rent price of one hectare of  agricultural land (arable land or grassland).
• The methodology used for calculating agricultural land rent is based on administrative sources, provided by the Revenue Agency where rented contracts are  registered  and these data are supplemented with information on the agricultural sector obtained through a weighting system based on CENSUS data or the latest available FSS/IFS data.  
• Current prices in EUR per hectare.
• Price calculated at the level of administrative regions (NUTS 2).

NUTS classification

NUTS classification

Not applicable

Not applicable

The definition is the same as paragraph 3.1.

The definition is the same as paragraph 3.1.

Not available

Not available

Not available

Not available

Agricultural fund registered as a transaction in a notarial deed of sale in the reference year. This information is collected by the Revenue Agency and the Land Registry.

Agricultural fund registered as a rented one in a notarial deeds during the references year.  This information is collected by the Revenue Agency and the Land Registry.

Price of one hectare of agricultural land sold/purchased for agricultural use

 Price of renting one hectare of agricoltural land in the reference period.

Not applicable.

Not applicable.

NUTS 0 

NUTS 1 

NUTS 2

NUTS 0 

NUTS 1 

NUTS 2

2011-2020

2016-2020

2009

2016

Not applicable. 

Not available

Not available

No

No

No data collected by ISTAT for national purpose; 

Yes,both the Revenue Agency and CREA collect and provide this information.

• The Revenue Agency produces the data: Average Agricultural Values ​​for agricultural land and properties in Italy (AVM). The Average Agricultural Values ​​are essential for tax purposes such as real estate transfers, inheritances, and donations. They are accessible online by region and property type, reflecting market conditions for farmers and landowners. In each province, average agricultural values ​​are determined annually by January 31st by the Provincial Expropriation Commission within the individual agricultural region, with reference to the values ​​of land considered free from agricultural contract restrictions, according to the types of crops actually grown, and recorded in the previous calendar year. The values, expressed in euros per hectare, are published in the Regional Official Bulletins (BUR).
• CREA-Research Centre for Agricultural Policies and Bioeconomy (formerly INEA - National Institute of Agricultural Economics) has been carrying out the survey on the Land Market, since 1947. This survey provides a detailed synthesis of the land market’s general trend through the elaboration of land average prices and regional indices. Processing of the information on land prices CREA get a "Land Value Database" (BDVF), that shows the average of the land values for 5 types of crop at a provincial level by altitude area.

No data collected by ISTAT for national purpose; 

CREA-Research Centre for Agricultural Policies and Bioeconomy (formerly INEA - National Institute of Agricultural Economics) has been carrying out the survey on the Land Market, since 1947. This survey provides a detailed synthesis of the land market’s general trend through the elaboration of land average prices and regional indices. Processing of the information on land prices CREA get a "Land Value Database" (BDVF), that shows the average of the land values for 5 types of crop at a provincial level by altitude area.

Not available

Not available

Not available

Not available

Not available

Not available

• Until the action carried out under the 2011 grant, the data on land prices and rents were mainly produced by a methodology based on local experts information. 
• From 2016 onward we have a break of methodology used to check outliers both for land prices and rents (see the annexes).

From 2016 onward, we have used a new methodology to check outliers.

The administrative sources used and organised into a single database are the following: Revenue Agency and Land Registry Agency. The data refer to notarial deeds of sale, usufruct, lease, transfer by inheritance and donation of agricultural land.

The administrative sources used and organised into a single database are the following: Revenue Agency and Land Registry Agency. The data refer to notarial deeds of sale, usufruct, lease, transfer by inheritance and donation of agricultural land.

Not available

Not available

The notarialy deed are trasfered to ISTAT by the Revenue Agency on annual bases

The registred rental contracts are trasfered to ISTAT by the Revenue Agency on annual bases

Selection criteria: For the determination of the agricultural land prices the traded parcels are selected by including only the ones traded under sale deeds which may be considered "pure deeds", e.g.: 

• deed refer to only one type of transaction (so if simultaneously, under one deed, both, land and servitude are sold the deed is excluded); this because the price refers to the deed and is not possible to distinguish the value of each transaction (land and servitu);
• deeds/tansactions refers "only" to the sale of land for agricultural use;
• there are not facilities;
• the right transferred is the property;
• the land purchased / sold has only one type of use (the agricultural one)

Excluding extreme prices (outliers): data that are out of the intervals of confidence are ruled out. (see Annex)

Data correction:  other sources are used as benchmark/correction (see Annex) when data does not respect rules e.g.: 
      a)    price of arable irrigable land not lower than that an arable not irrigable land; 
      b)    price of an arable land (irrigable/non irrigable) not lower than that of a permanent grassland

Selection criteria: For the determination of the agricultural land rents the traded parcels are selected by including only the ones rented under contracts which may be considered "pure contracts", :
e.g.: 

• contract refer to only one type of transaction (so if simultaneously, under one deed, both, land and servitude are rented the contract is excluded); this because the rent refers to the entire contract and is not possible to distinguish the value of each separate part (land and servitu);
• contract refers "only" to renting;
• there are not facilities;
• the land is rented only for one type of use (the agricultural one).

Excluding extreme data (outliers): data that are out of the intervals of confidence are ruled out. (see Annex)

Data correction:  other sources are used as benchmark/correction (see Annex) when data does not respect rules e.g.: 
    a)    rent of arable irrigable land not lower than that an arable not irrigable land; 
    b)    rent of an arable land (irrigable/non irrigable) not lower than that of a permanent grassland

To determine the price of one hectare of agricultural land sold for agricultural use, the procedure followed was: 
1) to determine the taxable value of the deed by adding the corresponding taxable values of the individual legal transactions  if referred at the same agricultural use.
2) to calculate for each deed the total surface adding the surface of each individual legal transaction if referred at the same agricultural use.
The average price of land price was calculated based on the reference price determined for each item of the basic classification:

• region;
• province;
• altitude;
• agricultural region;
• land use;
• 7 classes of treated surface (in square meters).

For each element of the basic classification the weighted mean and the median have been calculated. Both indicators were obtained using the area transferred as weighting factor. 

To determine the rental cost of one hectare of land intended for agricultural use, we proceeded as follows:
1) to determine the taxable value of the deed by adding the corresponding taxable values of the individual legal transactions  if referred at the same agricultural use.
2) to calculate for each deed the total surface adding the surface of each individual legal transaction if referred at the same agricultural use.
The average price of land price was calculated based on the reference price determined for each item of the basic classification:

• region;
• province;
• altitude;
• agricultural region;
• land use;
• 7 classes of treated surface (in square meters).

For each element of the basic classification the weighted mean and the median have been calculated. Both indicators were obtained using the area rented as weighting factor. 

Weighting system based on land use that allows for aggregation of values "mean" to a higher geographical level. To do this it was necessary to have the distribution of the agricultural census (or the latest FSS/IFS) data for the following categories: 

• region,
• province,
• altitude,
• land use.

Weighting system based on land use that allows for aggregation of values "mean" to a higher geographical level. To do this it was necessary to have the distribution of the agricultural census (or the latest FSS/IFS) data for the following categories: 

• region,
• province,
• altitude,
• land use.

Not available

Not available