Madagascar vs North Macedonia: Gross Fixed Capital Formation — Value US$

Madagascar
3,938 million USD
in 2024
North Macedonia
4,191 million USD
in 2024
Madagascar rank
127th
North Macedonia rank
125th

Gross Fixed Capital Formation — Value US$ over time

  • Madagascar
  • North Macedonia
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How they compare

North Macedonia currently reports 4,191 million USD against 3,938 million USD in Madagascar, a difference of 253 million USD.

That makes North Macedonia's figure about 1.1 times Madagascar's.

The two have swapped places 8 times across 35 shared years of data; in 1990 it was North Macedonia ahead.

Madagascar ranks 127th and North Macedonia ranks 125th of 200 countries.

Across the 4 decades both report, Madagascar averaged higher in 2 and North Macedonia in 2.

Head to head by decade

Decade Madagascar North Macedonia Difference Ahead
1990s 425.15 million USD 769.01 million USD 343.86 million USD North Macedonia
2000s 1,653 million USD 1,402 million USD 250.62 million USD Madagascar
2010s 2,556 million USD 2,496 million USD 60.28 million USD Madagascar
2020s 3,264 million USD 3,487 million USD 222.72 million USD North Macedonia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation — value us$, Madagascar or North Macedonia?
North Macedonia, at 4,191 million USD against 3,938 million USD in Madagascar as of 2024.
What is the difference in gross fixed capital formation — value us$ between Madagascar and North Macedonia?
253 million USD, with North Macedonia ahead.
How many years of comparable data are there for Madagascar and North Macedonia?
35 years are reported by both, from 1990 to 2024.
How do Madagascar and North Macedonia rank globally for gross fixed capital formation — value us$?
Madagascar ranks 127th and North Macedonia ranks 125th of 200 countries.
Where does this data come from?
Food and Agriculture Organization of the United Nations, published as Gross Fixed Capital Formation — Value US$. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Madagascar vs North Macedonia: Gross Fixed Capital Formation — Value US$. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 20 August 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-us/madagascar/north-macedonia/

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About this data

Indicator
Gross Fixed Capital Formation — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).