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Extensive urbanization around the world has caused a great loss of farmland, which significantly impacts the ecosystem services provided by farmland. This study investigated the farmland loss due to urbanization in the Guangdong–Hong Kong–Macao Greater Bay Area (GBA) of China from 1980 to 2018 based on multiperiod datasets from the Land Use and Land Cover of China databases. Then, we calculated ecosystem service values (ESVs) of farmland using valuation methods to estimate the ecosystem service variations caused by urbanization in the study area. The results showed that 3711.3 km2 of farmland disappeared because of urbanization, and paddy fields suffered much higher losses than dry farmland. Most of the farmland was converted to urban residential land from 1980 to 2018. In the past 38 years, the ESV of farmland decreased by 5036.7 million yuan due to urbanization, with the highest loss of 2177.5 million yuan from 2000–2010. The hydrological regulation, food production and gas regulation of farmland decreased the most due to urbanization. The top five cities that had the largest total ESV loss of farmland caused by urbanization were Guangzhou, Dongguan, Foshan, Shenzhen and Huizhou. This study revealed that urbanization has increasingly become the dominant reason for farmland loss in the GBA. Our study suggests that governments should increase the construction of ecological cities and attractive countryside to protect farmland and improve the regional ESV.
