Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) in Tuvalu
Tuvalu: Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) was 0.38 million SLC in 2023. ▲ Rising
Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) in Tuvalu, 2000–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Tuvalu recorded 0.38 million SLC for gross fixed capital formation (agriculture, forestry and fishing) in 2023.
The figure is down 9.1% on the previous year and down 5.9% over ten years.
Over the whole period, gross fixed capital formation (agriculture, forestry and fishing) in Tuvalu peaked at 0.7913 million SLC in 2010 and was at its lowest, 0.1782 million SLC, in 2004.
Tuvalu ranks 177th of 181 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Gross Fixed Capital Formation (Agriculture, Forestry and Fishing) in Tuvalu, year by year
| Year | million SLC | Change |
|---|---|---|
| 2000 | 0.3505 million SLC | — |
| 2001 | 0.3143 million SLC | -10.3% |
| 2002 | 0.3664 million SLC | +16.6% |
| 2003 | 0.4125 million SLC | +12.6% |
| 2004 | 0.1782 million SLC | -56.8% |
| 2005 | 0.2552 million SLC | +43.2% |
| 2006 | 0.3754 million SLC | +47.1% |
| 2007 | 0.4572 million SLC | +21.8% |
| 2008 | 0.4618 million SLC | +1.0% |
| 2009 | 0.696 million SLC | +50.7% |
| 2010 | 0.7913 million SLC | +13.7% |
| 2011 | 0.4283 million SLC | -45.9% |
| 2012 | 0.4577 million SLC | +6.9% |
| 2013 | 0.4039 million SLC | -11.8% |
| 2014 | 0.337 million SLC | -16.6% |
| 2015 | 0.441 million SLC | +30.9% |
| 2016 | 0.5201 million SLC | +17.9% |
| 2017 | 0.3515 million SLC | -32.4% |
| 2018 | 0.4267 million SLC | +21.4% |
| 2019 | 0.3214 million SLC | -24.7% |
| 2020 | 0.5071 million SLC | +57.8% |
| 2021 | 0.4212 million SLC | -16.9% |
| 2022 | 0.4181 million SLC | -0.7% |
| 2023 | 0.38 million SLC | -9.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3867 million SLC | 0.1782 million SLC | 0.696 million SLC | 10 |
| 2010s | 0.4479 million SLC | 0.3214 million SLC | 0.7913 million SLC | 10 |
| 2020s | 0.4316 million SLC | 0.38 million SLC | 0.5071 million SLC | 4 |
Countries ranked near Tuvalu
More environment data for Tuvalu
- Standard Deviation, annual growth rate 0 % change on previous year (2025)
- Standard Deviation 0.202 °C (2025)
- Temperature change 0.836 °C (2025)
- Primary wood and paper products (export/import) — Export value 2 1000 USD (2024)
- Value Added (Agriculture, Forestry and Fishing) — Annual growth US$ 3.13 % (2024)
- Roundwood — Import quantity 11,137 m3 (2024)
- Roundwood — Import value 58 1000 USD (2024)
- Roundwood — Export quantity 0 m3 (2024)
- Roundwood — Export value 0 1000 USD (2024)
- Industrial roundwood — Import quantity 11,137 m3 (2024)
Frequently asked questions
- What is gross fixed capital formation (agriculture, forestry and fishing) in Tuvalu?
- Gross fixed capital formation (agriculture, forestry and fishing) in Tuvalu was 0.38 million SLC 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 Tuvalu?
- The highest recorded value was 0.7913 million SLC in 2010.
- What is the lowest gross fixed capital formation (agriculture, forestry and fishing) recorded in Tuvalu?
- The lowest recorded value was 0.1782 million SLC in 2004.
- How does Tuvalu rank for gross fixed capital formation (agriculture, forestry and fishing)?
- Tuvalu ranks 177th out of 181 countries with data for 2023.
- Is gross fixed capital formation (agriculture, forestry and fishing) rising or falling in Tuvalu?
- Over the last ten years it is down 5.9%. The long-run trend across the full record is rising.
- Where does this Tuvalu 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) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 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.