Abstract
We have counted the currently known, described and accepted number of plant species as ca 374,000, of which approximately 308,312 are vascular plants, with 295,383 flowering plants (angiosperms; monocots: 74,273; eudicots: 210,008). Global numbers of smaller plant groups are as follows: algae ca 44,000, liverworts ca 9,000, hornworts ca 225, mosses 12,700, lycopods 1,290, ferns 10,560 and gymnosperms 1,079. Phytotaxa is currently contributing more than a quarter of the ca 2000 species that are described every year, showing that it has become a major contributor to the dissemination of new species discovery. However, the rate of discovery is slowing down, due to reduction in financial and scientific support for fundamental natural history studies.