EU arable land prices rise 6.1% in 2024, Eurostat says
Rents also climb as Netherlands tops land cost rankings
29 January 2026
1 minute read
By: 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), according to a recent report from Eurostat. 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).
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).
