Annual growth of the gross capital formation in Madagascar
Madagascar: Annual growth of the gross capital formation was 11.3% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Madagascar, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Madagascar recorded 11.3% for annual growth of the gross capital formation in 2024.
That represents a change of up 235.0% on the previous year and up 244.0% over ten years.
Over the whole period, annual growth of the gross capital formation in Madagascar peaked at 62.7% in 2008 and was at its lowest, -36.4%, in 2002.
Madagascar ranks 28th of 167 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Madagascar, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 16.4% | — |
| 2001 | 23.1% | +41.0% |
| 2002 | -36.4% | -257.7% |
| 2003 | 43.8% | -220.3% |
| 2004 | 27.1% | -38.1% |
| 2005 | -0.1% | -100.2% |
| 2006 | 19.0% | -31716.7% |
| 2007 | 34.8% | +83.7% |
| 2008 | 62.7% | +80.0% |
| 2009 | -12.9% | -120.6% |
| 2010 | -15.6% | +20.2% |
| 2011 | -3.0% | -80.4% |
| 2012 | 2.3% | -176.4% |
| 2013 | -4.3% | -284.5% |
| 2014 | -7.8% | +81.9% |
| 2015 | 16.1% | -306.4% |
| 2016 | 13.8% | -14.4% |
| 2017 | -7.4% | -153.6% |
| 2018 | 43.1% | -681.2% |
| 2019 | 5.7% | -86.7% |
| 2020 | -11.3% | -296.2% |
| 2021 | -6.5% | -42.3% |
| 2022 | 15.3% | -335.7% |
| 2023 | -8.3% | -154.4% |
| 2024 | 11.3% | -235.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.7% | -36.4% | 62.7% | 10 |
| 2010s | 4.3% | -15.6% | 43.1% | 10 |
| 2020s | 0.1% | -11.3% | 15.3% | 5 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- Manufacturing, value added (current US$), per unit of GDP 0.1312 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 72.21 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 593.75 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 326,786 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.079 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 43.45 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 66,816 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 16.31 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.239 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 143.24 current US$ per person (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Madagascar?
- Annual growth of the gross capital formation in Madagascar was 11.3% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of the gross capital formation recorded in Madagascar?
- The highest recorded value was 62.7% in 2008.
- What is the lowest annual growth of the gross capital formation recorded in Madagascar?
- The lowest recorded value was -36.4% in 2002.
- How does Madagascar rank for annual growth of the gross capital formation?
- Madagascar ranks 28th out of 167 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Madagascar?
- Over the last ten years it is up 244.0%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).