Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) — Share of Gross Fixed Capital Formation US$, 2015 prices by country
As part of the FAO Agriculture Capital Stock (ACS) database, the Statistics Division of FAO publishes country-by-country data on physical investment in agriculture, forestry and fishing as measured by the System of National Accounts (SNA) concept of Gross Fixed Capital Formation (GFCF). Additional variables...
What the numbers show
Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) — Share of Gross Fixed Capital Formation US$, 2015 prices is currently reported for 187 countries. The highest value is 28.93 % in Guinea; the lowest is 0.0303 % in Anguilla.
The median across all reporting countries is 3.51 %, and the mean is 5 %.
The gap between the highest and lowest reporting country is a factor of about 953.
Over the past decade 92 countries rose and 95 fell. The largest increase was in Oman (up 610.4%), and the largest decrease in Tuvalu (down 91.8%).
Gross Fixed Capital Formation (Agriculture, Forestry and Fishing): full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Guinea | 28.93 % | 2023 | up 217.7% | falling |
| 2 | Guinea-Bissau | 25.21 % | 2023 | down 14.9% | rising |
| 3 | Comoros | 23.03 % | 2023 | up 72.9% | rising |
| 4 | Pakistan | 21.87 % | 2023 | down 3.7% | falling |
| 5 | Papua New Guinea | 20.3 % | 2023 | up 157.8% | rising |
| 5 | Timor-Leste | 7.22 % | 2023 | up 7.5% | falling |
| 6 | Belarus | 17.56 % | 2023 | up 35.5% | rising |
| 6 | Viet Nam | 6.76 % | 2023 | up 8.7% | rising |
| 7 | Ghana | 16.42 % | 2023 | up 105.6% | rising |
| 8 | Afghanistan | 16.17 % | 2023 | up 54.5% | falling |
| 9 | Eritrea | 15.12 % | 2023 | up 92.7% | volatile |
| 10 | Somalia | 15.05 % | 2023 | down 31.8% | rising |
| 11 | Sudan | 14.67 % | 2022 | down 27.6% | falling |
| 12 | Angola | 13.61 % | 2023 | up 465.4% | volatile |
| 13 | Mali | 12.67 % | 2023 | up 8.0% | rising |
| 13 | Türkiye | 3.33 % | 2023 | down 21.8% | falling |
| 14 | Solomon Islands | 12.51 % | 2023 | down 34.4% | flat |
| 15 | Nigeria | 12.46 % | 2023 | down 53.2% | rising |
| 15 | Democratic Republic of the Congo | 3.21 % | 2023 | down 33.1% | volatile |
| 16 | Liberia | 12.32 % | 2023 | up 94.8% | falling |
| 17 | Latvia | 11.99 % | 2023 | up 74.0% | rising |
| 17 | Cabo Verde | 3.05 % | 2023 | up 14.2% | falling |
| 18 | Malawi | 11.18 % | 2023 | up 29.2% | rising |
| 19 | Albania | 11.16 % | 2023 | up 7.1% | falling |
| 20 | Haiti | 11.1 % | 2023 | up 24.9% | falling |
| 21 | Uganda | 11.07 % | 2023 | up 2.2% | falling |
| 22 | Yemen | 10.79 % | 2023 | up 51.6% | falling |
| 23 | Vanuatu | 10.5 % | 2023 | down 5.9% | falling |
| 24 | Honduras | 9.88 % | 2023 | up 14.0% | rising |
| 25 | Uruguay | 9.7 % | 2023 | up 28.4% | rising |
| 26 | Ethiopia | 9.37 % | 2023 | up 32.7% | falling |
| 27 | Nicaragua | 9.33 % | 2023 | up 44.2% | rising |
| 28 | Burkina Faso | 9.16 % | 2023 | up 34.8% | falling |
| 29 | Burundi | 8.85 % | 2023 | down 7.0% | falling |
| 30 | Greece | 8.74 % | 2023 | up 5.7% | rising |
| 31 | Mauritania | 8.65 % | 2023 | up 104.1% | falling |
| 32 | Cameroon | 8.54 % | 2023 | down 1.9% | falling |
| 33 | Morocco | 8.03 % | 2023 | down 4.6% | falling |
| 34 | Tonga | 8.02 % | 2023 | down 10.4% | falling |
| 35 | Tajikistan | 7.68 % | 2023 | up 41.1% | falling |
| 36 | Estonia | 7.65 % | 2023 | up 35.9% | rising |
| 37 | Eswatini | 7.63 % | 2023 | down 32.5% | rising |
| 38 | Sri Lanka | 7.59 % | 2023 | up 126.2% | falling |
| 39 | Chad | 7.42 % | 2023 | up 12.6% | rising |
| 40 | Kenya | 7.41 % | 2023 | up 89.3% | rising |
| 41 | India | 7.21 % | 2023 | down 17.3% | falling |
| 42 | Rwanda | 7.09 % | 2023 | up 19.2% | falling |
| 43 | Nepal | 6.99 % | 2023 | down 5.2% | falling |
| 44 | Lithuania | 6.94 % | 2023 | down 34.1% | rising |
| 45 | Thailand | 6.91 % | 2023 | down 10.1% | rising |
| 46 | Guatemala | 6.86 % | 2023 | down 16.2% | falling |
| 47 | Myanmar | 6.62 % | 2023 | down 5.6% | falling |
| 48 | Bulgaria | 6.52 % | 2023 | up 9.0% | falling |
| 49 | Uzbekistan | 6.44 % | 2023 | down 18.9% | falling |
| 50 | Indonesia | 6.32 % | 2023 | up 1.3% | falling |
| 51 | Philippines | 6.19 % | 2023 | down 8.7% | falling |
| 52 | Armenia | 6.18 % | 2023 | up 21.7% | falling |
| 53 | Sierra Leone | 6.17 % | 2023 | down 66.4% | falling |
| 54 | Senegal | 5.96 % | 2023 | up 10.8% | falling |
| 55 | Gambia | 5.96 % | 2023 | down 13.1% | flat |
| 56 | Togo | 5.75 % | 2023 | up 22.4% | falling |
| 57 | Paraguay | 5.72 % | 2023 | down 4.2% | rising |
| 58 | New Zealand | 5.63 % | 2023 | up 2.9% | falling |
| 59 | Benin | 5.59 % | 2023 | down 34.4% | flat |
| 60 | Kiribati | 5.56 % | 2023 | down 15.6% | falling |
| 61 | Madagascar | 5.5 % | 2023 | down 13.8% | falling |
| 62 | Romania | 5.47 % | 2023 | down 27.3% | volatile |
| 63 | Central African Republic | 5.43 % | 2023 | down 67.1% | volatile |
| 64 | Tunisia | 5.33 % | 2023 | down 22.1% | falling |
| 65 | Hungary | 5.29 % | 2023 | up 22.0% | falling |
| 66 | Jordan | 5.1 % | 2023 | up 360.1% | volatile |
| 67 | Mongolia | 5.03 % | 2023 | down 3.5% | rising |
| 68 | Marshall Islands | 5 % | 2023 | down 28.8% | rising |
| 69 | Mozambique | 5 % | 2023 | up 120.1% | rising |
| 70 | Bhutan | 4.97 % | 2023 | up 59.4% | flat |
| 71 | Serbia | 4.97 % | 2023 | down 25.1% | falling |
| 72 | Palestine | 4.96 % | 2023 | down 3.1% | flat |
| 73 | Zimbabwe | 4.87 % | 2023 | down 54.6% | volatile |
| 74 | Peru | 4.73 % | 2023 | up 87.7% | flat |
| 75 | Cambodia | 4.71 % | 2023 | down 54.9% | falling |
| 76 | Namibia | 4.58 % | 2023 | down 4.7% | falling |
| 77 | Egypt | 4.58 % | 2023 | up 31.8% | volatile |
| 78 | Croatia | 4.58 % | 2023 | up 65.7% | rising |
| 79 | South Africa | 4.56 % | 2023 | up 34.7% | falling |
| 80 | Colombia | 4.46 % | 2023 | up 199.1% | falling |
| 81 | Bangladesh | 4.37 % | 2023 | up 2.9% | falling |
| 82 | Turkmenistan | 4.12 % | 2023 | up 64.0% | falling |
| 83 | Guyana | 3.93 % | 2023 | down 51.0% | flat |
| 84 | Ukraine | 3.92 % | 2023 | down 41.1% | rising |
| 85 | Argentina | 3.89 % | 2023 | down 33.9% | flat |
| 86 | Poland | 3.81 % | 2023 | down 20.3% | falling |
| 87 | Malaysia | 3.72 % | 2023 | up 14.3% | rising |
| 88 | Slovenia | 3.71 % | 2023 | up 12.6% | rising |
| 89 | Russian Federation | 3.66 % | 2023 | up 26.3% | rising |
| 90 | Australia and New Zealand | 3.54 % | 2023 | up 18.4% | falling |
| 91 | Algeria | 3.52 % | 2023 | up 20.8% | falling |
| 92 | Niger | 3.51 % | 2023 | up 26.2% | volatile |
| 93 | El Salvador | 3.45 % | 2023 | down 28.8% | falling |
| 94 | Congo | 3.45 % | 2023 | up 195.7% | falling |
| 95 | Azerbaijan | 3.37 % | 2023 | up 4.8% | volatile |
| 96 | Slovakia | 3.33 % | 2023 | down 2.9% | flat |
| 97 | Australia | 3.26 % | 2023 | up 19.5% | falling |
| 98 | Costa Rica | 3.24 % | 2023 | down 7.2% | falling |
| 99 | Fiji | 3.23 % | 2023 | up 71.1% | falling |
| 100 | Bosnia and Herzegovina | 3.18 % | 2023 | down 31.2% | falling |
| 101 | Montenegro | 3.07 % | 2023 | down 27.3% | falling |
| 102 | Italy | 2.98 % | 2023 | up 15.2% | flat |
| 103 | Libya | 2.96 % | 2023 | up 187.2% | volatile |
| 104 | Denmark | 2.92 % | 2023 | up 0.9% | falling |
| 105 | Sao Tome and Principe | 2.85 % | 2023 | up 58.2% | rising |
| 106 | China, mainland | 2.85 % | 2023 | down 10.5% | falling |
| 107 | Brazil | 2.7 % | 2023 | up 97.2% | falling |
| 108 | Austria | 2.7 % | 2023 | down 12.7% | falling |
| 109 | Czechia | 2.64 % | 2023 | down 24.8% | flat |
| 110 | Dominica | 2.63 % | 2023 | down 54.5% | falling |
| 111 | Georgia | 2.6 % | 2023 | down 24.7% | falling |
| 112 | Iceland | 2.58 % | 2023 | down 29.3% | falling |
| 113 | France | 2.57 % | 2023 | down 7.3% | falling |
| 114 | Netherlands (Kingdom of the) | 2.55 % | 2023 | down 36.1% | flat |
| 115 | Norway | 2.55 % | 2023 | up 56.2% | falling |
| 116 | Equatorial Guinea | 2.48 % | 2023 | up 374.5% | volatile |
| 117 | Gabon | 2.48 % | 2023 | up 110.4% | falling |
| 118 | Spain | 2.35 % | 2023 | up 11.5% | rising |
| 119 | Portugal | 2.35 % | 2023 | down 35.1% | rising |
| 120 | Tuvalu | 2.3 % | 2023 | down 91.8% | volatile |
| 121 | Iraq | 2.25 % | 2023 | up 76.7% | volatile |
| 122 | Finland | 2.11 % | 2023 | down 44.6% | falling |
| 123 | Belize | 1.98 % | 2023 | down 53.6% | falling |
| 124 | United Kingdom of Great Britain and Northern Ireland | 1.97 % | 2023 | up 23.7% | falling |
| 125 | Cuba | 1.95 % | 2023 | down 47.1% | falling |
| 126 | Chile | 1.92 % | 2023 | down 9.4% | falling |
| 127 | Sweden | 1.91 % | 2023 | down 22.2% | falling |
| 128 | North Macedonia | 1.91 % | 2023 | down 25.0% | falling |
| 129 | Ecuador | 1.89 % | 2023 | up 40.4% | falling |
| 130 | Lesotho | 1.87 % | 2023 | up 31.8% | rising |
| 131 | Ireland | 1.85 % | 2023 | down 22.2% | volatile |
| 132 | Kazakhstan | 1.84 % | 2023 | up 2.6% | falling |
| 133 | Luxembourg | 1.81 % | 2023 | down 31.1% | falling |
| 134 | Zambia | 1.81 % | 2023 | down 55.0% | volatile |
| 135 | Mexico | 1.8 % | 2023 | up 37.3% | volatile |
| 136 | Canada | 1.69 % | 2023 | up 22.7% | falling |
| 137 | Kyrgyzstan | 1.61 % | 2023 | down 35.6% | volatile |
| 138 | Belgium | 1.49 % | 2023 | up 13.8% | rising |
| 139 | Germany | 1.49 % | 2023 | down 13.3% | flat |
| 140 | Suriname | 1.46 % | 2023 | down 37.0% | falling |
| 141 | Grenada | 1.41 % | 2023 | down 18.5% | falling |
| 142 | Mauritius | 1.27 % | 2023 | down 80.4% | falling |
| 143 | Saudi Arabia | 1.12 % | 2023 | up 12.2% | falling |
| 144 | Jamaica | 1.01 % | 2023 | down 11.9% | rising |
| 145 | Cyprus | 0.9833 % | 2023 | up 128.2% | volatile |
| 146 | Switzerland | 0.9653 % | 2023 | down 14.4% | falling |
| 147 | Maldives | 0.9639 % | 2023 | down 5.2% | rising |
| 148 | Japan | 0.9319 % | 2023 | down 29.7% | falling |
| 149 | Israel | 0.9152 % | 2023 | down 26.7% | falling |
| 150 | Republic of Korea | 0.8562 % | 2023 | down 27.1% | falling |
| 151 | Dominican Republic | 0.8423 % | 2023 | down 20.3% | falling |
| 152 | Panama | 0.8242 % | 2023 | down 14.2% | falling |
| 153 | Saint Vincent and the Grenadines | 0.7452 % | 2023 | down 49.4% | flat |
| 154 | Seychelles | 0.6789 % | 2023 | up 33.1% | falling |
| 155 | Brunei Darussalam | 0.6712 % | 2023 | up 111.4% | flat |
| 156 | Botswana | 0.6522 % | 2023 | up 1.0% | falling |
| 157 | Lebanon | 0.6462 % | 2023 | down 61.3% | rising |
| 158 | Puerto Rico | 0.6203 % | 2023 | down 35.1% | falling |
| 159 | Oman | 0.5837 % | 2023 | up 610.4% | volatile |
| 160 | Malta | 0.5628 % | 2023 | down 48.0% | falling |
| 161 | Kuwait | 0.5121 % | 2023 | up 73.4% | falling |
| 162 | Nauru | 0.5053 % | 2023 | up 7.0% | volatile |
| 163 | French Polynesia | 0.5025 % | 2023 | up 1.0% | rising |
| 164 | Barbados | 0.4909 % | 2023 | down 10.7% | falling |
| 165 | Antigua and Barbuda | 0.4436 % | 2023 | down 1.2% | rising |
| 166 | Palau | 0.4425 % | 2023 | down 35.2% | falling |
| 167 | Djibouti | 0.4388 % | 2023 | up 26.4% | falling |
| 168 | United Arab Emirates | 0.423 % | 2023 | up 24.4% | falling |
| 169 | Saint Kitts and Nevis | 0.4035 % | 2023 | up 17.1% | falling |
| 170 | Saint Lucia | 0.3662 % | 2023 | down 45.3% | falling |
| 171 | Trinidad and Tobago | 0.3397 % | 2023 | up 89.1% | volatile |
| 172 | New Caledonia | 0.3283 % | 2023 | down 49.3% | falling |
| 173 | Turks and Caicos Islands | 0.2743 % | 2023 | down 20.6% | rising |
| 174 | Andorra | 0.271 % | 2023 | down 16.3% | rising |
| 175 | Bahamas | 0.269 % | 2023 | down 40.1% | falling |
| 176 | Curaçao | 0.2369 % | 2022 | up 78.3% | volatile |
| 177 | Cayman Islands | 0.1963 % | 2023 | down 2.1% | rising |
| 178 | Bahrain | 0.1484 % | 2023 | up 5.4% | volatile |
| 179 | British Virgin Islands | 0.0806 % | 2023 | down 20.5% | falling |
| 180 | Bermuda | 0.0708 % | 2023 | down 36.6% | falling |
| 181 | Singapore | 0.0636 % | 2023 | up 4.6% | falling |
| 182 | Anguilla | 0.0303 % | 2023 | down 88.9% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Syrian Arab Republic 27.21 %
- Western Africa 11.15 %
- Bolivia (Plurinational State of) 9.28 %
- Côte d'Ivoire 7.35 %
- Melanesia 8.84 %
- Southern Asia 7.23 %
- Lao People's Democratic Republic 8.63 %
- Low Income Food Deficit Countries (LIFDCs) 7.16 %
- Eastern Africa 6.96 %
- Africa 6.79 %
- Net Food Importing Developing Countries (NFIDCs) 6.64 %
- Micronesia (Federated States of) 6.56 %
- Least Developed Countries (LDCs) 6.27 %
- South-Eastern Asia 5.55 %
- Middle Africa 6 %
- Land Locked Developing Countries (LLDCs) 5.44 %
- United Republic of Tanzania 5.25 %
- Northern Africa 4.63 %
- Iran (Islamic Republic of) 4.73 %
- Southern Africa 4.3 %
- Eastern Europe 4.14 %
- Micronesia 4.02 %
- Central Asia 3.94 %
- Oceania 3.61 %
- Asia 3.25 %
- South America 3.34 %
- Southern Europe 3.07 %
- Polynesia 1.14 %
- Small island developing states (SIDS) 0.9148 %
- World 2.85 %
- Europe 2.57 %
- European Union (27) 2.56 %
- Eastern Asia 2.47 %
- Northern Europe 2.27 %
- Central America 2.2 %
- Western Asia 2.16 %
- Western Europe 1.93 %
- Americas 1.85 %
- Northern America 1.64 %
- United States of America 1.64 %
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.