Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) in Trinidad and Tobago
Trinidad and Tobago: Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) was 0.4123 in 2023. ◆ Volatile
Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) in Trinidad and Tobago, 1995–2023
Source: Food and Agriculture Organization of the United Nations.
Analysis
The most recent figure for gross fixed capital formation (agriculture, forestry and fishing) in Trinidad and Tobago is 0.4123, measured in 2023.
That represents a change of down 35.9% on the previous year and up 188.5% over ten years.
Over the whole period, gross fixed capital formation (agriculture, forestry and fishing) in Trinidad and Tobago peaked at 0.6431 in 2022 and was at its lowest, 0.0463, in 1997.
Trinidad and Tobago ranks 120th of 182 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) in Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.0506 | — |
| 1996 | 0.0494 | -2.4% |
| 1997 | 0.0463 | -6.2% |
| 1998 | 0.0501 | +8.0% |
| 1999 | 0.059 | +17.8% |
| 2000 | 0.0666 | +12.9% |
| 2001 | 0.056 | -16.0% |
| 2002 | 0.0569 | +1.6% |
| 2003 | 0.0601 | +5.7% |
| 2004 | 0.0787 | +30.9% |
| 2005 | 0.0606 | -23.1% |
| 2006 | 0.0949 | +56.7% |
| 2007 | 0.1082 | +14.0% |
| 2008 | 0.1183 | +9.4% |
| 2009 | 0.0777 | -34.3% |
| 2010 | 0.1428 | +83.9% |
| 2011 | 0.1564 | +9.5% |
| 2012 | 0.1098 | -29.8% |
| 2013 | 0.1429 | +30.1% |
| 2014 | 0.102 | -28.6% |
| 2015 | 0.0767 | -24.9% |
| 2016 | 0.0695 | -9.3% |
| 2017 | 0.0794 | +14.1% |
| 2018 | 0.087 | +9.6% |
| 2019 | 0.0893 | +2.6% |
| 2020 | 0.0847 | -5.1% |
| 2021 | 0.1354 | +59.8% |
| 2022 | 0.6431 | +374.8% |
| 2023 | 0.4123 | -35.9% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 0.4123 is below the median for high income countries, which is 0.9404, 44% of the median. (61 countries reporting)
- Trinidad and Tobago's 0.4123 is below the median for Latin America & Caribbean, which is 0.469, 88% of the median. (35 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) in Trinidad and Tobago changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +374.8% | 0.1354 | 0.6431 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0511 | 0.0463 | 0.059 | 5 |
| 2000s | 0.0778 | 0.056 | 0.1183 | 10 |
| 2010s | 0.1056 | 0.0695 | 0.1564 | 10 |
| 2020s | 0.3189 | 0.0847 | 0.6431 | 4 |
Countries ranked near Trinidad and Tobago
- 117 Kazakhstan 0.4239 compare
- 118 Saudi Arabia 0.4135 compare
- 119 Botswana 0.4125 compare
- 121 Guyana 0.4044 compare
- 122 Bangladesh 0.3974 compare
- 123 Gabon 0.3927 compare
More environment data for Trinidad and Tobago
- Historical exposure to drought — Land soil moisture anomaly -1.54 Percentage change (2025)
- Historical exposure to drought — Cropland soil moisture anomaly -1.36 Percentage change (2025)
- Standard Deviation, annual growth rate 0 % change on previous year (2025)
- Standard Deviation 0.27 °C (2025)
- Temperature change 1.79 °C (2025)
- Nutrient potash K2O (total) — Agricultural Use, gaps filled 1,731 t (2024)
- Nutrient potash K2O (total) — Agricultural Use, annual growth rate -11.37 % change on previous year (2024)
- Country area — Area, annual growth rate 0 % change on previous year (2024)
- Country area — Area, per unit of GDP 0 1000 ha per US$ of GDP (2024)
- Country area — Area, per capita 0.0004 1000 ha per person (2024)
Frequently asked questions
- What is gross fixed capital formation (agriculture, forestry and fishing) in Trinidad and Tobago?
- Gross fixed capital formation (agriculture, forestry and fishing) in Trinidad and Tobago was 0.4123 in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation (agriculture, forestry and fishing) recorded in Trinidad and Tobago?
- The highest recorded value was 0.6431 in 2022.
- What is the lowest gross fixed capital formation (agriculture, forestry and fishing) recorded in Trinidad and Tobago?
- The lowest recorded value was 0.0463 in 1997.
- How does Trinidad and Tobago rank for gross fixed capital formation (agriculture, forestry and fishing)?
- Trinidad and Tobago ranks 120th out of 182 countries with data for 2023.
- Is gross fixed capital formation (agriculture, forestry and fishing) rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 188.5%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) — Agriculture orientation index US$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
As part of the FAO Agriculture Capital Stock (ACS) database, the Statistics Division of FAO publishes country-by-country data on physical investment in agriculture, forestry and fishing as measured by the System of National Accounts (SNA) concept of Gross Fixed Capital Formation (GFCF). Additional variables included in the ACS are Net and Gross Capital Stock, Consumption of Fixed Capital, the Agriculture Investment ratio, and the Gross Fixed Capital Formation Agriculture Orientation Index. The FAO Agriculture Capital Stock Database is an analytical database: whenever available, the database integrates official National Accounts data harvested from the UNSD National Accounts Main Aggregates Database (UNSD AMA) and the OECD Annual National Accounts Database (OECD ANA). The database is further supplemented by OECD Structural Analysis database (OECD STAN) and, in a few cases, data from country’s statistics websites. If the full set of official data is not available for any specific country, imputation methods are applied to obtain estimates over the complete time series. Many data points in ACS are estimated and are flagged as such; they do not represent official submissions by Member Countries. With a view of producing internationally comparable net capital stock estimates, the Perpetual Inventory Method (PIM) with a constant geometric depreciation rate is employed to impute missing data. The Perpetual Inventory Method is a well-established economic model to calculate Net Capital Stocks (NCS) and Consumption of Fixed Capital (CFC) from time series of Gross Fixed Capital Formation (GFCF). Specifically, annual measures of the NCS are obtained from cumulating historical series on physical investment flows and deducting the part of assets that are depreciated (the Consumption of Fixed Capital that occurs in every period). In order to implement the PIM, long time series on aggregate GFCF in agriculture, forestry and fishing is required.An attempt is made to rely as much as possible on National Accounts data published by the OECD and UNSD. When country data are partially or fully missing, econometric techniques to impute missing observations are employed. Depending on the pattern of data missingness for the countries, different imputation methods are applied (from among the ARIMAX, PANEL regression, and OLS approaches) for the data series from 1995 to 2022. The values of Agriculture Capital Stock related indicators for 2023, including Agriculture Investment Ratio, Agriculture Orientation Index, Net Capital Stock, Gross Fixed Capital Formation and Consumption of Fixed Capital, are estimated using the Holt-Winters (HW) method (Cipra et al., 1995). The HW method is an exponential smoothing method for forecasting the annual values of economic variables. In this context, the HW method relies on existing (historical) values of the Agriculture Capital Stock. The predicted value is an extrapolation of the historical values to the specified target date, which extends the timeline without considering seasonality in the annual series.All data series in the database are provided both in national currencies and in US dollars as well as in current prices and constant prices with base year 2015.