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

Türkiye: Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) was 17.23 % in 2023. ▲ Rising

Latest (2023)
17.23 %
Change on year
down 7.8%
World rank
1st
of 10 countries
All-time high
18.69 %
in 2022
All-time low
15.77 %
in 2001
Years of data
29
1995–2023

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

051015201995200920231995: 16.3 %1996: 16.5 %1997: 17 %1998: 16.5 %1999: 16 %2000: 16.4 %2001: 15.8 %2002: 15.9 %2003: 16.3 %2004: 17.2 %2005: 17.4 %2006: 17.9 %2007: 18.1 %2008: 17.8 %2009: 16.7 %2010: 17.1 %2011: 17.8 %2012: 17.7 %2013: 18.1 %2014: 18.3 %2015: 18.3 %2016: 18.4 %2017: 18.6 %2018: 18.6 %2019: 17.8 %2020: 18 %2021: 18.4 %2022: 18.7 %2023: 17.2 %

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

Analysis

Türkiye recorded 17.23 % for gross fixed capital formation (agriculture, forestry and fishing) in 2023.

That represents a change of down 7.8% on the previous year and down 4.7% over ten years.

Over the whole period, gross fixed capital formation (agriculture, forestry and fishing) in Türkiye peaked at 18.69 % in 2022 and was at its lowest, 15.77 %, in 2001.

The long-run direction has been consistently rising across the 29 years of available data.

Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) in Türkiye, year by year

Annual values for Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) — Share of Value Added Standard Local Currency in Türkiye, 1995 to 2023.
Year % Change
1995 16.3 %
1996 16.55 % +1.5%
1997 16.99 % +2.7%
1998 16.52 % -2.8%
1999 15.96 % -3.3%
2000 16.36 % +2.5%
2001 15.77 % -3.6%
2002 15.94 % +1.1%
2003 16.33 % +2.4%
2004 17.24 % +5.6%
2005 17.4 % +1.0%
2006 17.88 % +2.7%
2007 18.08 % +1.1%
2008 17.75 % -1.8%
2009 16.74 % -5.7%
2010 17.13 % +2.3%
2011 17.82 % +4.0%
2012 17.73 % -0.5%
2013 18.09 % +2.0%
2014 18.29 % +1.1%
2015 18.32 % +0.2%
2016 18.44 % +0.7%
2017 18.6 % +0.9%
2018 18.6 % +0.0%
2019 17.83 % -4.1%
2020 17.99 % +0.9%
2021 18.44 % +2.5%
2022 18.69 % +1.4%
2023 17.23 % -7.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 16.46 % 15.96 % 16.99 % 5
2000s 16.95 % 15.77 % 18.08 % 10
2010s 18.09 % 17.13 % 18.6 % 10
2020s 18.09 % 17.23 % 18.69 % 4

Countries ranked near Türkiye

  1. 1 Luxembourg 142.05 % compare
  2. 2 Cabo Verde 13.27 % compare
  3. 2 Estonia 110.94 % compare
  4. 2 Viet Nam 17.18 % compare
  5. 3 Bolivia (Plurinational State of) 12.04 % compare
  6. 3 Côte d'Ivoire 13.04 % compare
  7. 3 Denmark 87.51 % compare
  8. 4 Lao People's Democratic Republic 11.19 % compare
  9. 4 Latvia 77.84 % compare

See the full ranking of 194 places →

More environment data for Türkiye

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Frequently asked questions

What is gross fixed capital formation (agriculture, forestry and fishing) in Türkiye?
Gross fixed capital formation (agriculture, forestry and fishing) in Türkiye was 17.23 % 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 Türkiye?
The highest recorded value was 18.69 % in 2022.
What is the lowest gross fixed capital formation (agriculture, forestry and fishing) recorded in Türkiye?
The lowest recorded value was 15.77 % in 2001.
How does Türkiye rank for gross fixed capital formation (agriculture, forestry and fishing)?
Türkiye ranks 1st out of 10 countries with data for 2023.
Is gross fixed capital formation (agriculture, forestry and fishing) rising or falling in Türkiye?
Over the last ten years it is down 4.7%. The long-run trend across the full record is rising.
Where does this Türkiye 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. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) in Türkiye. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 08 September 2026, from https://environment.statizoid.com/stat/gross-fixed-capital-formation-agriculture-forestry-and-fishing-share-of-value-added/turkiye-2/

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About this data

Indicator
Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) — Share of Value Added Standard Local Currency
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.