It has been released by the United Nations Food and Agriculture Organization (FAO).
It has examined the status of forests in more than 236 countries and territories between the period 1990 and 2020.
The world lost 178 million hectare of forest since 1990, an area the size of Libya.
Africa had the largest annual rate of net forest loss in 2010–2020 followed by South America.
On the other hand, Asia had the highest net gain of forest area in 2010–2020, followed by Oceania and Europe.
The world’s total forest area was 4.06 billion hectares (bha), which was 31 per cent of the total land area.
The largest proportion of the world’s forests were tropical (45 per cent), followed by boreal, temperate and subtropical.
More than 54 per cent of the world’s forests were in only five countries — the Russian Federation, Brazil, Canada, the United States of America and China.
The highest per cent of plantation forests were in South America while the lowest were in Europe.