Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) in Belarus

Belarus: Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) was 59.86 % in 2023. ◆ Volatile

Latest (2023)
59.86 %
Change on year
up 15.3%
World rank
8th
of 181 countries
All-time high
95.19 %
in 2010
All-time low
7.83 %
in 1996
Years of data
29
1995–2023

Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) in Belarus, 1995–2023

0204060801001995200920231995: 10.7 %1996: 7.8 %1997: 10.7 %1998: 14.3 %1999: 12.5 %2000: 13.3 %2001: 9.3 %2002: 10.5 %2003: 13.1 %2004: 21.1 %2005: 37.4 %2006: 59.7 %2007: 58.2 %2008: 69.6 %2009: 88.8 %2010: 95.2 %2011: 74.1 %2012: 76.1 %2013: 74.2 %2014: 49.3 %2015: 45.7 %2016: 35.5 %2017: 41.2 %2018: 42.1 %2019: 46.9 %2020: 47.8 %2021: 48.9 %2022: 51.9 %2023: 59.9 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

The most recent figure for gross fixed capital formation (agriculture, forestry and fishing) in Belarus is 59.86 %, measured in 2023.

That represents a change of up 15.3% on the previous year and down 19.3% over ten years.

Over the whole period, gross fixed capital formation (agriculture, forestry and fishing) in Belarus peaked at 95.19 % in 2010 and was at its lowest, 7.83 %, in 1996.

Belarus ranks 8th of 181 countries on this measure, in the top 10%.

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 Belarus, year by year

Annual values for Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) — Share of Value Added Standard Local Currency, 2015 prices in Belarus, 1995 to 2023.
Year % Change
1995 10.65 %
1996 7.83 % -26.5%
1997 10.69 % +36.7%
1998 14.26 % +33.3%
1999 12.48 % -12.5%
2000 13.25 % +6.2%
2001 9.34 % -29.5%
2002 10.55 % +12.9%
2003 13.09 % +24.1%
2004 21.07 % +61.0%
2005 37.42 % +77.6%
2006 59.67 % +59.5%
2007 58.22 % -2.4%
2008 69.56 % +19.5%
2009 88.85 % +27.7%
2010 95.19 % +7.1%
2011 74.07 % -22.2%
2012 76.11 % +2.7%
2013 74.18 % -2.5%
2014 49.31 % -33.5%
2015 45.7 % -7.3%
2016 35.52 % -22.3%
2017 41.17 % +15.9%
2018 42.13 % +2.3%
2019 46.88 % +11.3%
2020 47.82 % +2.0%
2021 48.86 % +2.2%
2022 51.89 % +6.2%
2023 59.86 % +15.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 11.18 % 7.83 % 14.26 % 5
2000s 38.1 % 9.34 % 88.85 % 10
2010s 58.03 % 35.52 % 95.19 % 10
2020s 52.11 % 47.82 % 59.86 % 4

Countries ranked near Belarus

  1. 5 Lithuania 69.87 % compare
  2. 5 Türkiye 15.67 % compare
  3. 6 United Kingdom of Great Britain and Northern Ireland 61.06 % compare
  4. 7 Belgium 60.01 % compare
  5. 9 Austria 56.94 % compare
  6. 10 Slovenia 54.29 % compare
  7. 10 Timor-Leste 7.48 % compare
  8. 11 Singapore 51.91 % compare

See the full ranking of 194 places →

More environment data for Belarus

All data for Belarus →

Frequently asked questions

What is gross fixed capital formation (agriculture, forestry and fishing) in Belarus?
Gross fixed capital formation (agriculture, forestry and fishing) in Belarus was 59.86 % 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 Belarus?
The highest recorded value was 95.19 % in 2010.
What is the lowest gross fixed capital formation (agriculture, forestry and fishing) recorded in Belarus?
The lowest recorded value was 7.83 % in 1996.
How does Belarus rank for gross fixed capital formation (agriculture, forestry and fishing)?
Belarus ranks 8th out of 181 countries with data for 2023.
Is gross fixed capital formation (agriculture, forestry and fishing) rising or falling in Belarus?
Over the last ten years it is down 19.3%. The long-run trend across the full record is volatile.
Where does this Belarus 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) — Share of Value Added Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) in Belarus. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 04 September 2026, from https://environment.statizoid.com/stat/gross-fixed-capital-formation-agriculture-forestry-and-fishing-share-of-value-added-2/belarus/

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About this data

Indicator
Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) — Share of Value Added Standard Local Currency, 2015 prices
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
194 places, 5,526 data points, 1995–2023
Last refreshed

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.