Gross fixed capital formation (current LCU), annual growth rate in Madagascar

Madagascar: Gross fixed capital formation (current LCU), annual growth rate was 14.88 % change on previous year in 2025. ◆ Volatile

Latest (2025)
14.88 % change on previous year
Change on year
up 25.7%
World rank
46th
of 179 countries
All-time high
354.84 % change on previous year
in 1980
All-time low
-59.11 % change on previous year
in 1995
Years of data
55
1971–2025

Gross fixed capital formation (current LCU), annual growth rate in Madagascar, 1971–2025

-1000100200300400197119982025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross fixed capital formation (current lcu), annual growth rate in Madagascar is 14.88 % change on previous year, measured in 2025.

Compared with earlier readings it is up 25.7% on the previous year and up 6.8% over ten years.

Over the whole period, gross fixed capital formation (current lcu), annual growth rate in Madagascar peaked at 354.84 % change on previous year in 1980 and was at its lowest, -59.11 % change on previous year, in 1995.

Madagascar ranks 46th of 179 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross fixed capital formation (current LCU), annual growth rate in Madagascar, year by year

Annual values for Gross fixed capital formation (current LCU), annual growth rate in Madagascar, 1971 to 2025.
Year % change on previous year Change
1971 15.97 % change on previous year
1972 -14.34 % change on previous year -189.8%
1973 11.1 % change on previous year -177.4%
1974 6.94 % change on previous year -37.5%
1975 13.39 % change on previous year +93.1%
1976 7.97 % change on previous year -40.5%
1977 15.28 % change on previous year +91.8%
1978 18.66 % change on previous year +22.1%
1979 102.64 % change on previous year +450.0%
1980 354.84 % change on previous year +245.7%
1981 -9.86 % change on previous year -102.8%
1982 -4.46 % change on previous year -54.7%
1983 18.95 % change on previous year -524.4%
1984 15.18 % change on previous year -19.9%
1985 -21.76 % change on previous year -243.3%
1986 27.57 % change on previous year -226.7%
1987 42.43 % change on previous year +53.9%
1988 -8.03 % change on previous year -118.9%
1989 162.67 % change on previous year -2127.0%
1990 1.81 % change on previous year -98.9%
1991 -13.26 % change on previous year -833.1%
1992 36.4 % change on previous year -374.6%
1993 17.84 % change on previous year -51.0%
1994 20.58 % change on previous year +15.4%
1995 -59.11 % change on previous year -387.1%
1996 31.38 % change on previous year -153.1%
1997 15.47 % change on previous year -50.7%
1998 33.14 % change on previous year +114.2%
1999 12.66 % change on previous year -61.8%
2000 13.1 % change on previous year +3.5%
2001 39.09 % change on previous year +198.3%
2002 -22.85 % change on previous year -158.4%
2003 35.01 % change on previous year -253.2%
2004 84.85 % change on previous year +142.4%
2005 13.3 % change on previous year -84.3%
2006 22.69 % change on previous year +70.6%
2007 51.14 % change on previous year +125.4%
2008 64.62 % change on previous year +26.4%
2009 0.9562 % change on previous year -98.5%
2010 -22.74 % change on previous year -2478.4%
2011 6.93 % change on previous year -130.5%
2012 2.83 % change on previous year -59.2%
2013 -8.79 % change on previous year -410.6%
2014 2.05 % change on previous year -123.3%
2015 13.93 % change on previous year +579.3%
2016 13.42 % change on previous year -3.7%
2017 4.27 % change on previous year -68.1%
2018 29.58 % change on previous year +592.1%
2019 12.36 % change on previous year -58.2%
2020 -10.97 % change on previous year -188.8%
2021 32.31 % change on previous year -394.4%
2022 7.74 % change on previous year -76.0%
2023 5.74 % change on previous year -25.8%
2024 11.83 % change on previous year +106.0%
2025 14.88 % change on previous year +25.7%

Madagascar compared with similar countries

  • Madagascar's 14.88 % change on previous year is above the median for low income countries, which is 12.96 % change on previous year, 1.1× the median. (19 countries reporting)
  • Madagascar's 14.88 % change on previous year is above the median for Sub-Saharan Africa, which is 11.02 % change on previous year, 1.4× the median. (42 countries reporting)

Biggest year-on-year movements

Years where Gross fixed capital formation (current 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.

YearChange FromTo
2010 -2478.4% 0.9562 % change on previous year -22.74 % change on previous year
1989 +2127.0% -8.03 % change on previous year 162.67 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 19.73 % change on previous year -14.34 % change on previous year 102.64 % change on previous year 9
1980s 57.75 % change on previous year -21.76 % change on previous year 354.84 % change on previous year 10
1990s 9.69 % change on previous year -59.11 % change on previous year 36.4 % change on previous year 10
2000s 30.19 % change on previous year -22.85 % change on previous year 84.85 % change on previous year 10
2010s 5.38 % change on previous year -22.74 % change on previous year 29.58 % change on previous year 10
2020s 10.26 % change on previous year -10.97 % change on previous year 32.31 % change on previous year 6

Countries ranked near Madagascar

  1. 43 Palestine 16.35 % change on previous year compare
  2. 44 Uzbekistan 16.08 % change on previous year compare
  3. 45 Mongolia 14.99 % change on previous year compare
  4. 47 Angola 14.78 % change on previous year compare
  5. 48 Rwanda 14.76 % change on previous year compare
  6. 49 Paraguay 14.69 % change on previous year compare

See the full ranking of 179 places →

More economy & growth data for Madagascar

All data for Madagascar →

Frequently asked questions

What is gross fixed capital formation (current lcu), annual growth rate in Madagascar?
Gross fixed capital formation (current lcu), annual growth rate in Madagascar was 14.88 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gross fixed capital formation (current lcu), annual growth rate recorded in Madagascar?
The highest recorded value was 354.84 % change on previous year in 1980.
What is the lowest gross fixed capital formation (current lcu), annual growth rate recorded in Madagascar?
The lowest recorded value was -59.11 % change on previous year in 1995.
How does Madagascar rank for gross fixed capital formation (current lcu), annual growth rate?
Madagascar ranks 46th out of 179 countries with data for 2025.
Is gross fixed capital formation (current lcu), annual growth rate rising or falling in Madagascar?
Over the last ten years it is up 6.8%. 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 fixed capital formation (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Gross fixed capital formation (current LCU), annual growth rate in Madagascar. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-current-lcu-annual-growth-rate/madagascar/

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How this figure is calculated

The year-on-year percentage change in Gross fixed capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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 fixed capital formation (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
179 places, 7,884 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross fixed capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.