Deforestation is one of the most serious environmental issues in Sri Lanka. In the 1920s, the island had a 49 percent forest cover but by 2005 this had fallen by approximately 26 percent. Between 1990 and 2000, Sri Lanka lost an average of 26,800 ha of forests per year. This amounts to an average annual deforestation rate of 1.14%. Between 2000 and 2005 the rate accelerated to 1.43% per annum.