Gross capital formation (constant LCU), annual growth rate in Madagascar
Madagascar: Gross capital formation (constant LCU), annual growth rate was 9.32 % change on previous year in 2025. ◆ Volatile
Gross capital formation (constant LCU), annual growth rate in Madagascar, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, gross capital formation (constant lcu), annual growth rate in Madagascar stood at 9.32 % change on previous year.
Compared with earlier readings it is down 70.0% on the previous year and down 42.2% over ten years.
Over the whole period, gross capital formation (constant lcu), annual growth rate in Madagascar peaked at 73.49 % change on previous year in 1979 and was at its lowest, -36.39 % change on previous year, in 2002.
That places Madagascar 48th out of 169 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (constant LCU), annual growth rate in Madagascar, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | -13.33 % change on previous year | — |
| 1962 | -13.77 % change on previous year | +3.2% |
| 1963 | 33.33 % change on previous year | -342.2% |
| 1964 | 8.45 % change on previous year | -74.6% |
| 1965 | -9.42 % change on previous year | -211.4% |
| 1966 | 2.87 % change on previous year | -130.5% |
| 1967 | 12.19 % change on previous year | +325.3% |
| 1968 | 22.36 % change on previous year | +83.4% |
| 1969 | 7.36 % change on previous year | -67.1% |
| 1970 | -8.04 % change on previous year | -209.2% |
| 1971 | 18 % change on previous year | -323.9% |
| 1972 | -22.88 % change on previous year | -227.1% |
| 1973 | 4.24 % change on previous year | -118.5% |
| 1974 | 6.23 % change on previous year | +47.1% |
| 1975 | -4.08 % change on previous year | -165.5% |
| 1976 | -16.22 % change on previous year | +297.5% |
| 1977 | -6.03 % change on previous year | -62.8% |
| 1978 | 0.6751 % change on previous year | -111.2% |
| 1979 | 73.49 % change on previous year | +10785.4% |
| 1980 | -10.08 % change on previous year | -113.7% |
| 1981 | -30.8 % change on previous year | +205.5% |
| 1982 | -27.48 % change on previous year | -10.8% |
| 1983 | -0.534 % change on previous year | -98.1% |
| 1984 | 4.85 % change on previous year | -1009.1% |
| 1985 | 2.44 % change on previous year | -49.7% |
| 1986 | 7.77 % change on previous year | +218.1% |
| 1987 | 14.15 % change on previous year | +82.1% |
| 1988 | 39.3 % change on previous year | +177.7% |
| 1989 | -0.0673 % change on previous year | -100.2% |
| 1990 | 16.74 % change on previous year | -24970.0% |
| 1991 | -36.14 % change on previous year | -315.9% |
| 1992 | 9.6 % change on previous year | -126.6% |
| 1993 | 8.52 % change on previous year | -11.3% |
| 1994 | -12.1 % change on previous year | -242.0% |
| 1995 | 2.65 % change on previous year | -121.9% |
| 1996 | 11.57 % change on previous year | +337.2% |
| 1997 | 7.31 % change on previous year | -36.8% |
| 1998 | 17.9 % change on previous year | +144.8% |
| 1999 | 2.86 % change on previous year | -84.0% |
| 2000 | 16.37 % change on previous year | +471.5% |
| 2001 | 23.08 % change on previous year | +41.0% |
| 2002 | -36.39 % change on previous year | -257.6% |
| 2003 | 43.8 % change on previous year | -220.3% |
| 2004 | 27.12 % change on previous year | -38.1% |
| 2005 | -0.0647 % change on previous year | -100.2% |
| 2006 | 18.97 % change on previous year | -29414.3% |
| 2007 | 34.84 % change on previous year | +83.6% |
| 2008 | 62.72 % change on previous year | +80.0% |
| 2009 | -12.95 % change on previous year | -120.6% |
| 2010 | -15.57 % change on previous year | +20.2% |
| 2011 | -3.05 % change on previous year | -80.4% |
| 2012 | 2.33 % change on previous year | -176.6% |
| 2013 | -4.3 % change on previous year | -284.3% |
| 2014 | -7.82 % change on previous year | +81.7% |
| 2015 | 16.14 % change on previous year | -306.4% |
| 2016 | 13.82 % change on previous year | -14.4% |
| 2017 | -7.41 % change on previous year | -153.6% |
| 2018 | 43.07 % change on previous year | -681.6% |
| 2019 | 5.74 % change on previous year | -86.7% |
| 2020 | -11.26 % change on previous year | -296.0% |
| 2021 | -6.5 % change on previous year | -42.3% |
| 2022 | 10.75 % change on previous year | -265.4% |
| 2023 | -7.11 % change on previous year | -166.1% |
| 2024 | 31.07 % change on previous year | -537.0% |
| 2025 | 9.32 % change on previous year | -70.0% |
Madagascar compared with similar countries
- Madagascar's 9.32 % change on previous year is above the median for low income countries, which is 8.5 % change on previous year, 1.1× the median. (20 countries reporting)
- Madagascar's 9.32 % change on previous year is above the median for Sub-Saharan Africa, which is 6.99 % change on previous year, 1.3× the median. (44 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (constant LCU), annual growth rate in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +29414.3% | -0.0647 % change on previous year | 18.97 % change on previous year |
| 1990 | +24970.0% | -0.0673 % change on previous year | 16.74 % change on previous year |
| 1979 | +10785.4% | 0.6751 % change on previous year | 73.49 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.56 % change on previous year | -13.77 % change on previous year | 33.33 % change on previous year | 9 |
| 1970s | 4.54 % change on previous year | -22.88 % change on previous year | 73.49 % change on previous year | 10 |
| 1980s | -0.044 % change on previous year | -30.8 % change on previous year | 39.3 % change on previous year | 10 |
| 1990s | 2.89 % change on previous year | -36.14 % change on previous year | 17.9 % change on previous year | 10 |
| 2000s | 17.75 % change on previous year | -36.39 % change on previous year | 62.72 % change on previous year | 10 |
| 2010s | 4.3 % change on previous year | -15.57 % change on previous year | 43.07 % change on previous year | 10 |
| 2020s | 4.38 % change on previous year | -11.26 % change on previous year | 31.07 % change on previous year | 6 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- Foreign direct investment, net outflows (BoP, current US$), gaps 134.39 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0076 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.2 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 606.21 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 16.69 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0345 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 18.96 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 5.8 % change on previous year (2024)
- Total reserves (includes gold, current US$), per unit of GDP 0.1583 includes gold, current US$ per US$ of GDP (2024)
- Total reserves (includes gold, current US$), per capita 87.11 includes gold, current US$ per person (2024)
Frequently asked questions
- What is gross capital formation (constant lcu), annual growth rate in Madagascar?
- Gross capital formation (constant lcu), annual growth rate in Madagascar was 9.32 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), annual growth rate recorded in Madagascar?
- The highest recorded value was 73.49 % change on previous year in 1979.
- What is the lowest gross capital formation (constant lcu), annual growth rate recorded in Madagascar?
- The lowest recorded value was -36.39 % change on previous year in 2002.
- How does Madagascar rank for gross capital formation (constant lcu), annual growth rate?
- Madagascar ranks 48th out of 169 countries with data for 2025.
- Is gross capital formation (constant lcu), annual growth rate rising or falling in Madagascar?
- Over the last ten years it is down 42.2%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross capital formation (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross capital formation (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.