Gross capital formation (constant LCU), per square kilometre in Madagascar

Madagascar: Gross capital formation (constant LCU), per square kilometre was 12.05 million constant LCU per square kilometre in 2023. ◆ Volatile

Latest (2023)
12.05 million constant LCU per square kilometre
Change on year
down 7.1%
World rank
45th
of 166 countries
All-time high
14.11 million constant LCU per square kilometre
in 2019
All-time low
1.17 million constant LCU per square kilometre
in 1962
Years of data
63
1961–2023

Gross capital formation (constant LCU), per square kilometre in Madagascar, 1961–2023

05.0M10.0M15.0M196119922023

Source: Statizoid (derived). Measured in constant LCU per square kilometre.

Analysis

In 2023, gross capital formation (constant lcu), per square kilometre in Madagascar stood at 12.05 million constant LCU per square kilometre.

Compared with earlier readings it is down 7.1% on the previous year and up 45.7% over ten years.

Over the whole period, gross capital formation (constant lcu), per square kilometre in Madagascar peaked at 14.11 million constant LCU per square kilometre in 2019 and was at its lowest, 1.17 million constant LCU per square kilometre, in 1962.

That places Madagascar 45th out of 166 countries with data for 2023, 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), per square kilometre in Madagascar, year by year

Annual values for Gross capital formation (constant LCU), per square kilometre in Madagascar, 1961 to 2023.
Year constant LCU per square kilometre Change
1961 1.36 million constant LCU per square kilometre
1962 1.17 million constant LCU per square kilometre -13.8%
1963 1.56 million constant LCU per square kilometre +33.3%
1964 1.69 million constant LCU per square kilometre +8.5%
1965 1.53 million constant LCU per square kilometre -9.4%
1966 1.58 million constant LCU per square kilometre +2.9%
1967 1.77 million constant LCU per square kilometre +12.2%
1968 2.17 million constant LCU per square kilometre +22.4%
1969 2.33 million constant LCU per square kilometre +7.4%
1970 2.14 million constant LCU per square kilometre -8.0%
1971 2.53 million constant LCU per square kilometre +18.0%
1972 1.95 million constant LCU per square kilometre -22.9%
1973 2.03 million constant LCU per square kilometre +4.2%
1974 2.16 million constant LCU per square kilometre +6.2%
1975 2.07 million constant LCU per square kilometre -4.1%
1976 1.73 million constant LCU per square kilometre -16.2%
1977 1.63 million constant LCU per square kilometre -6.0%
1978 1.64 million constant LCU per square kilometre +0.7%
1979 2.84 million constant LCU per square kilometre +73.5%
1980 2.56 million constant LCU per square kilometre -10.1%
1981 1.77 million constant LCU per square kilometre -30.8%
1982 1.28 million constant LCU per square kilometre -27.5%
1983 1.28 million constant LCU per square kilometre -0.5%
1984 1.34 million constant LCU per square kilometre +4.9%
1985 1.37 million constant LCU per square kilometre +2.4%
1986 1.48 million constant LCU per square kilometre +7.8%
1987 1.69 million constant LCU per square kilometre +14.2%
1988 2.35 million constant LCU per square kilometre +39.3%
1989 2.35 million constant LCU per square kilometre -0.1%
1990 2.74 million constant LCU per square kilometre +16.7%
1991 1.75 million constant LCU per square kilometre -36.1%
1992 1.92 million constant LCU per square kilometre +9.6%
1993 2.08 million constant LCU per square kilometre +8.5%
1994 1.83 million constant LCU per square kilometre -12.1%
1995 1.88 million constant LCU per square kilometre +2.6%
1996 2.10 million constant LCU per square kilometre +11.6%
1997 2.25 million constant LCU per square kilometre +7.3%
1998 2.65 million constant LCU per square kilometre +17.9%
1999 2.73 million constant LCU per square kilometre +2.9%
2000 3.17 million constant LCU per square kilometre +16.4%
2001 3.91 million constant LCU per square kilometre +23.1%
2002 2.49 million constant LCU per square kilometre -36.4%
2003 3.57 million constant LCU per square kilometre +43.8%
2004 4.54 million constant LCU per square kilometre +27.1%
2005 4.54 million constant LCU per square kilometre -0.1%
2006 5.40 million constant LCU per square kilometre +19.0%
2007 7.28 million constant LCU per square kilometre +34.8%
2008 11.85 million constant LCU per square kilometre +62.7%
2009 10.32 million constant LCU per square kilometre -12.9%
2010 8.71 million constant LCU per square kilometre -15.6%
2011 8.44 million constant LCU per square kilometre -3.1%
2012 8.64 million constant LCU per square kilometre +2.3%
2013 8.27 million constant LCU per square kilometre -4.3%
2014 7.62 million constant LCU per square kilometre -7.8%
2015 8.85 million constant LCU per square kilometre +16.1%
2016 10.07 million constant LCU per square kilometre +13.8%
2017 9.33 million constant LCU per square kilometre -7.4%
2018 13.35 million constant LCU per square kilometre +43.1%
2019 14.11 million constant LCU per square kilometre +5.7%
2020 12.52 million constant LCU per square kilometre -11.3%
2021 11.71 million constant LCU per square kilometre -6.5%
2022 12.97 million constant LCU per square kilometre +10.7%
2023 12.05 million constant LCU per square kilometre -7.1%

Madagascar compared with similar countries

  • Madagascar's 12.05 million constant LCU per square kilometre is above the median for low income countries, which is 2.40 million constant LCU per square kilometre, 5.0× the median. (19 countries reporting)
  • Madagascar's 12.05 million constant LCU per square kilometre is above the median for Sub-Saharan Africa, which is 3.10 million constant LCU per square kilometre, 3.9× the median. (43 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.69 million constant LCU per square kilometre 1.17 million constant LCU per square kilometre 2.33 million constant LCU per square kilometre 9
1970s 2.07 million constant LCU per square kilometre 1.63 million constant LCU per square kilometre 2.84 million constant LCU per square kilometre 10
1980s 1.75 million constant LCU per square kilometre 1.28 million constant LCU per square kilometre 2.56 million constant LCU per square kilometre 10
1990s 2.19 million constant LCU per square kilometre 1.75 million constant LCU per square kilometre 2.74 million constant LCU per square kilometre 10
2000s 5.71 million constant LCU per square kilometre 2.49 million constant LCU per square kilometre 11.85 million constant LCU per square kilometre 10
2010s 9.74 million constant LCU per square kilometre 7.62 million constant LCU per square kilometre 14.11 million constant LCU per square kilometre 10
2020s 12.31 million constant LCU per square kilometre 11.71 million constant LCU per square kilometre 12.97 million constant LCU per square kilometre 4

Countries ranked near Madagascar

  1. 42 Seychelles 14.41 million constant LCU per square kilometre compare
  2. 43 Denmark 14.38 million constant LCU per square kilometre compare
  3. 44 Cape Verde 12.87 million constant LCU per square kilometre compare
  4. 46 Malta 11.11 million constant LCU per square kilometre compare
  5. 47 Cameroon 10.23 million constant LCU per square kilometre compare
  6. 48 Malawi 9.27 million constant LCU per square kilometre compare

See the full ranking of 166 places →

More economy & growth data for Madagascar

All data for Madagascar →

Frequently asked questions

What is gross capital formation (constant lcu), per square kilometre in Madagascar?
Gross capital formation (constant lcu), per square kilometre in Madagascar was 12.05 million constant LCU per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross capital formation (constant lcu), per square kilometre recorded in Madagascar?
The highest recorded value was 14.11 million constant LCU per square kilometre in 2019.
What is the lowest gross capital formation (constant lcu), per square kilometre recorded in Madagascar?
The lowest recorded value was 1.17 million constant LCU per square kilometre in 1962.
How does Madagascar rank for gross capital formation (constant lcu), per square kilometre?
Madagascar ranks 45th out of 166 countries with data for 2023.
Is gross capital formation (constant lcu), per square kilometre rising or falling in Madagascar?
Over the last ten years it is up 45.7%. 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), per square kilometre. Statizoid updates them automatically from the source API.

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

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<a href="https://economy.statizoid.com/stat/gross-capital-formation-constant-lcu-per-square-kilometre/madagascar/">Gross capital formation (constant LCU), per square kilometre in Madagascar</a> — Statizoid

How this figure is calculated

Gross 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.

Gross capital formation (constant LCU) ÷ Land area (sq. km)

Computed from

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

Indicator
Gross 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
166 places, 6,614 data points, 1961–2023
Last refreshed

Gross 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.