Gross Fixed Capital Formation Deflator — Value Standard Local in Madagascar
Madagascar: Gross Fixed Capital Formation Deflator — Value Standard Local was 168.32 SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value Standard Local in Madagascar, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Madagascar recorded 168.32 SLC for gross fixed capital formation deflator — value standard local in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 8.6% on the previous year and up 89.8% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Madagascar peaked at 168.32 SLC in 2024 and was at its lowest, 0.3699 SLC, in 1970.
That places Madagascar 41st out of 194 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation Deflator — Value Standard Local in Madagascar, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 0.3699 SLC | — |
| 1971 | 0.3829 SLC | +3.5% |
| 1972 | 0.3961 SLC | +3.4% |
| 1973 | 0.4282 SLC | +8.1% |
| 1974 | 0.4794 SLC | +11.9% |
| 1975 | 0.4978 SLC | +3.8% |
| 1976 | 0.633 SLC | +27.1% |
| 1977 | 0.7161 SLC | +13.1% |
| 1978 | 0.9074 SLC | +26.7% |
| 1979 | 1.07 SLC | +18.5% |
| 1980 | 1.22 SLC | +13.6% |
| 1981 | 1.54 SLC | +25.9% |
| 1982 | 1.76 SLC | +14.3% |
| 1983 | 2.14 SLC | +21.7% |
| 1984 | 2.35 SLC | +10.0% |
| 1985 | 2.57 SLC | +9.3% |
| 1986 | 3.01 SLC | +16.9% |
| 1987 | 3.59 SLC | +19.3% |
| 1988 | 4.42 SLC | +23.1% |
| 1989 | 4.95 SLC | +12.0% |
| 1990 | 5.63 SLC | +13.8% |
| 1991 | 6.67 SLC | +18.5% |
| 1992 | 7.4 SLC | +11.0% |
| 1993 | 7.96 SLC | +7.5% |
| 1994 | 12.53 SLC | +57.3% |
| 1995 | 18.25 SLC | +45.7% |
| 1996 | 20.79 SLC | +13.9% |
| 1997 | 23.66 SLC | +13.8% |
| 1998 | 25.78 SLC | +9.0% |
| 1999 | 29.29 SLC | +13.6% |
| 2000 | 32.13 SLC | +9.7% |
| 2001 | 32.91 SLC | +2.4% |
| 2002 | 39.64 SLC | +20.5% |
| 2003 | 36.36 SLC | -8.3% |
| 2004 | 49.37 SLC | +35.8% |
| 2005 | 58.78 SLC | +19.1% |
| 2006 | 65.7 SLC | +11.8% |
| 2007 | 74.14 SLC | +12.8% |
| 2008 | 75.17 SLC | +1.4% |
| 2009 | 87.31 SLC | +16.2% |
| 2010 | 81.83 SLC | -6.3% |
| 2011 | 86.94 SLC | +6.2% |
| 2012 | 86.76 SLC | -0.2% |
| 2013 | 85.94 SLC | -0.9% |
| 2014 | 88.7 SLC | +3.2% |
| 2015 | 100 SLC | +12.7% |
| 2016 | 101.75 SLC | +1.7% |
| 2017 | 108.02 SLC | +6.2% |
| 2018 | 126.48 SLC | +17.1% |
| 2019 | 126.05 SLC | -0.3% |
| 2020 | 125.1 SLC | -0.8% |
| 2021 | 152.87 SLC | +22.2% |
| 2022 | 157.21 SLC | +2.8% |
| 2023 | 154.93 SLC | -1.5% |
| 2024 | 168.32 SLC | +8.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5886 SLC | 0.3699 SLC | 1.07 SLC | 10 |
| 1980s | 2.75 SLC | 1.22 SLC | 4.95 SLC | 10 |
| 1990s | 15.8 SLC | 5.63 SLC | 29.29 SLC | 10 |
| 2000s | 55.15 SLC | 32.13 SLC | 87.31 SLC | 10 |
| 2010s | 99.25 SLC | 81.83 SLC | 126.48 SLC | 10 |
| 2020s | 151.69 SLC | 125.1 SLC | 168.32 SLC | 5 |
Countries ranked near Madagascar
More economy & growth data for Madagascar
- Gross value added at basic prices (GVA) (current LCU), annual growth 11.63 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 4,187 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 2.51 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6902 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 413.62 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 2.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1,123 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 672,982 constant LCU per person (2025)
- GDP (current US$), annual growth rate 11.53 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Madagascar?
- Gross fixed capital formation deflator — value standard local in Madagascar was 168.32 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value standard local recorded in Madagascar?
- The highest recorded value was 168.32 SLC in 2024.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Madagascar?
- The lowest recorded value was 0.3699 SLC in 1970.
- How does Madagascar rank for gross fixed capital formation deflator — value standard local?
- Madagascar ranks 41st out of 194 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Madagascar?
- Over the last ten years it is up 89.8%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).