Iceland vs Madagascar: Gross fixed capital formation (constant LCU), per square kilometre

Iceland
8.64 million constant LCU per square kilometre
in 2023
Madagascar
11.47 million constant LCU per square kilometre
in 2023
Iceland rank
49th
Madagascar rank
46th

Gross fixed capital formation (constant LCU), per square kilometre over time

  • Iceland
  • Madagascar
2.5M5.0M7.5M10.0M12.5M197019962023

How they compare

Madagascar currently reports 11.47 million constant LCU per square kilometre against 8.64 million constant LCU per square kilometre in Iceland, a difference of 2.83 million constant LCU per square kilometre.

That makes Madagascar's figure about 1.3 times Iceland's.

The two have swapped places 1 time across 44 shared years of data; in 1980 it was Iceland ahead.

Iceland ranks 49th and Madagascar ranks 46th of 165 countries.

Across the 5 decades both report, Iceland averaged higher in 3 and Madagascar in 2.

Head to head by decade

Decade Iceland Madagascar Difference Ahead
1980s 2.85 million constant LCU per square kilometre 1.75 million constant LCU per square kilometre 1.10 million constant LCU per square kilometre Iceland
1990s 3.15 million constant LCU per square kilometre 2.19 million constant LCU per square kilometre 952,611 constant LCU per square kilometre Iceland
2000s 5.71 million constant LCU per square kilometre 5.68 million constant LCU per square kilometre 24,394 constant LCU per square kilometre Iceland
2010s 5.01 million constant LCU per square kilometre 8.80 million constant LCU per square kilometre 3.79 million constant LCU per square kilometre Madagascar
2020s 7.51 million constant LCU per square kilometre 10.77 million constant LCU per square kilometre 3.26 million constant LCU per square kilometre Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation (constant lcu), per square kilometre, Iceland or Madagascar?
Madagascar, at 11.47 million constant LCU per square kilometre against 8.64 million constant LCU per square kilometre in Iceland as of 2023.
What is the difference in gross fixed capital formation (constant lcu), per square kilometre between Iceland and Madagascar?
2.83 million constant LCU per square kilometre, with Madagascar ahead.
How many years of comparable data are there for Iceland and Madagascar?
44 years are reported by both, from 1980 to 2023.
How do Iceland and Madagascar rank globally for gross fixed capital formation (constant lcu), per square kilometre?
Iceland ranks 49th and Madagascar ranks 46th of 165 countries.
Where does this data come from?
Statizoid (derived), published as Gross fixed capital formation (constant LCU), per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Madagascar: Gross fixed capital formation (constant LCU), per square kilometre. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-constant-lcu-per-square-kilometre/iceland/madagascar/

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About this data

Indicator
Gross fixed capital formation (constant LCU), per square kilometre
Unit
constant LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
165 places, 6,527 data points, 1961–2023
Last refreshed

Gross fixed capital formation (constant LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.