Madagascar vs Nigeria: Gross Fixed Capital Formation — Value Standard Local Currency, 2015

Madagascar
15.48 million SLC per square kilometre
in 2023
Nigeria
16.39 million SLC per square kilometre
in 2023
Madagascar rank
45th
Nigeria rank
43rd

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 over time

  • Madagascar
  • Nigeria
0510152025197019962023

How they compare

Nigeria currently reports 16.39 million SLC per square kilometre against 15.48 million SLC per square kilometre in Madagascar, a difference of 0.91 million SLC per square kilometre.

That makes Nigeria's figure about 1.1 times Madagascar's.

The two have swapped places 2 times across 54 shared years of data; in 1970 it was Nigeria ahead.

Madagascar ranks 45th and Nigeria ranks 43rd of 194 countries.

Nigeria has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Madagascar Nigeria Difference Ahead
1970s 2.8 million SLC per square kilometre 14.47 million SLC per square kilometre 11.68 million SLC per square kilometre Nigeria
1980s 2.71 million SLC per square kilometre 13.12 million SLC per square kilometre 10.41 million SLC per square kilometre Nigeria
1990s 3.38 million SLC per square kilometre 11.17 million SLC per square kilometre 7.79 million SLC per square kilometre Nigeria
2000s 8.05 million SLC per square kilometre 12.11 million SLC per square kilometre 4.06 million SLC per square kilometre Nigeria
2010s 11.87 million SLC per square kilometre 14.33 million SLC per square kilometre 2.45 million SLC per square kilometre Nigeria
2020s 14.52 million SLC per square kilometre 15.52 million SLC per square kilometre 0.9925 million SLC per square kilometre Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation — value standard local currency, 2015, Madagascar or Nigeria?
Nigeria, at 16.39 million SLC per square kilometre against 15.48 million SLC per square kilometre in Madagascar as of 2023.
What is the difference in gross fixed capital formation — value standard local currency, 2015 between Madagascar and Nigeria?
0.91 million SLC per square kilometre, with Nigeria ahead.
How many years of comparable data are there for Madagascar and Nigeria?
54 years are reported by both, from 1970 to 2023.
How do Madagascar and Nigeria rank globally for gross fixed capital formation — value standard local currency, 2015?
Madagascar ranks 45th and Nigeria ranks 43rd of 194 countries.
Where does this data come from?
Statizoid (derived), published as Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Madagascar vs Nigeria: Gross Fixed Capital Formation — Value Standard Local Currency, 2015. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-standard-local-currency-2015-prices-per-square/madagascar/nigeria/

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<a href="https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-standard-local-currency-2015-prices-per-square/madagascar/nigeria/">Madagascar vs Nigeria: Gross Fixed Capital Formation — Value Standard Local Currency, 2015</a> — Statizoid

About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per square kilometre
Unit
million SLC per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,587 data points, 1970–2023
Last refreshed

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices 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.