In 2023, the arable land and permanent crops in Saint Pierre and Miquelon stood at 20 square kilometers. Forecast data from 2024 to 2028 indicates a slight decline to 19 square kilometers, with the decrease happening between 2024 and 2025. This represents a 5% year-on-year decrease from 2024 to 2025, with stability expected through subsequent years. The compound annual growth rate (CAGR) from 2024 to 2028 is projected as -1%, reflecting a modest negative growth over the five-year period.
Future trends to watch for include:
- Climate effects on land cultivation suitability.
- Government policies impacting agricultural land use.
- Technological advancements in sustainable farming practices.