Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) in Western Europe
Western Europe: Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) was 36.65 % in 2023. ▲ Rising
Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) in Western Europe, 1995–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2023, gross fixed capital formation (agriculture, forestry and fishing) in Western Europe stood at 36.65 %.
Compared with earlier readings it is up 11.7% on the previous year and down 11.9% over ten years.
Over the whole period, gross fixed capital formation (agriculture, forestry and fishing) in Western Europe peaked at 47.99 % in 2009 and was at its lowest, 28.56 %, in 1995.
Western Europe ranks 2nd of 29 groups on this measure, in the top 10%.
The long-run direction has been consistently rising across the 29 years of available data.
Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) in Western Europe, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 28.56 % | — |
| 1996 | 29.42 % | +3.0% |
| 1997 | 29.88 % | +1.6% |
| 1998 | 30.56 % | +2.3% |
| 1999 | 32.82 % | +7.4% |
| 2000 | 32.08 % | -2.3% |
| 2001 | 30.77 % | -4.1% |
| 2002 | 32.12 % | +4.4% |
| 2003 | 32.5 % | +1.2% |
| 2004 | 31.42 % | -3.3% |
| 2005 | 37.02 % | +17.8% |
| 2006 | 39.72 % | +7.3% |
| 2007 | 38.83 % | -2.2% |
| 2008 | 43.71 % | +12.6% |
| 2009 | 47.99 % | +9.8% |
| 2010 | 38.47 % | -19.8% |
| 2011 | 41.65 % | +8.3% |
| 2012 | 41.73 % | +0.2% |
| 2013 | 41.58 % | -0.4% |
| 2014 | 38.52 % | -7.4% |
| 2015 | 39.26 % | +1.9% |
| 2016 | 37.18 % | -5.3% |
| 2017 | 33.83 % | -9.0% |
| 2018 | 36.3 % | +7.3% |
| 2019 | 35.8 % | -1.4% |
| 2020 | 38.12 % | +6.5% |
| 2021 | 38.26 % | +0.4% |
| 2022 | 32.81 % | -14.2% |
| 2023 | 36.65 % | +11.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 30.25 % | 28.56 % | 32.82 % | 5 |
| 2000s | 36.62 % | 30.77 % | 47.99 % | 10 |
| 2010s | 38.43 % | 33.83 % | 41.73 % | 10 |
| 2020s | 36.46 % | 32.81 % | 38.26 % | 4 |
Countries ranked near Western Europe
More environment data for Western Europe
- Historical exposure to drought — Land soil moisture anomaly -3.1 Percentage change (2025)
- Historical exposure to drought — Cropland soil moisture anomaly -3.94 Percentage change (2025)
- Standard Deviation 0.485 °C (2025)
- Temperature change 2.23 °C (2025)
- Standard Deviation, annual growth rate 0 % change on previous year (2025)
- Exposure to drought — Land soil moisture anomaly 3.13 Percentage change (2024)
- Exposure to drought — Cropland soil moisture anomaly 2.84 Percentage change (2024)
- Other paper and paperboard, not elsewhere specified — Import value -2.05 % change on previous year (2024)
- Total fibre furnish — Production, annual growth rate -4.18 % change on previous year (2024)
- Sawnwood — Export quantity, annual growth rate -2.46 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation (agriculture, forestry and fishing) in Western Europe?
- Gross fixed capital formation (agriculture, forestry and fishing) in Western Europe was 36.65 % 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 Western Europe?
- The highest recorded value was 47.99 % in 2009.
- What is the lowest gross fixed capital formation (agriculture, forestry and fishing) recorded in Western Europe?
- The lowest recorded value was 28.56 % in 1995.
- How does Western Europe rank for gross fixed capital formation (agriculture, forestry and fishing)?
- Western Europe ranks 2nd out of 29 groups with data for 2023.
- Is gross fixed capital formation (agriculture, forestry and fishing) rising or falling in Western Europe?
- Over the last ten years it is down 11.9%. The long-run trend across the full record is rising.
- Where does this Western Europe 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 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.