Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Madagascar

Madagascar: Gross Fixed Capital Formation — Share of GDP US$, 2015 prices was 24.91 % in 2024. ▲ Rising

Latest (2024)
24.91 %
Change on year
up 12.8%
World rank
75th
of 203 countries
All-time high
30.57 %
in 2008
All-time low
6.84 %
in 1991
Years of data
55
1970–2024

Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Madagascar, 1970–2024

51015202530197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

In 2024, gross fixed capital formation — share of gdp us$, 2015 prices in Madagascar stood at 24.91 %.

The figure is up 12.8% on the previous year and up 28.7% over ten years.

Over the whole period, gross fixed capital formation — share of gdp us$, 2015 prices in Madagascar peaked at 30.57 % in 2008 and was at its lowest, 6.84 %, in 1991.

Madagascar ranks 75th of 203 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 55 years of available data.

Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Madagascar, year by year

Annual values for Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Madagascar, 1970 to 2024.
Year % Change
1970 10.36 %
1971 11.7 % +12.9%
1972 9.16 % -21.7%
1973 9.73 % +6.3%
1974 10.24 % +5.2%
1975 9.7 % -5.3%
1976 8.39 % -13.6%
1977 8.09 % -3.6%
1978 7.66 % -5.2%
1979 12.62 % +64.7%
1980 11.87 % -6.0%
1981 9.06 % -23.7%
1982 7.53 % -16.8%
1983 7.42 % -1.5%
1984 7.66 % +3.3%
1985 7.67 % +0.1%
1986 7.93 % +3.3%
1987 9.14 % +15.3%
1988 11.83 % +29.5%
1989 11.91 % +0.7%
1990 14.78 % +24.1%
1991 6.84 % -53.7%
1992 9.83 % +43.6%
1993 10.46 % +6.5%
1994 8.97 % -14.3%
1995 8.9 % -0.8%
1996 9.8 % +10.1%
1997 9.99 % +2.0%
1998 11.38 % +13.8%
1999 11.01 % -3.2%
2000 12.08 % +9.6%
2001 13.98 % +15.7%
2002 10 % -28.5%
2003 13.56 % +35.6%
2004 16.48 % +21.5%
2005 15.55 % -5.7%
2006 17.67 % +13.6%
2007 20.09 % +13.7%
2008 30.57 % +52.2%
2009 27.67 % -9.5%
2010 22.67 % -18.1%
2011 22.46 % -0.9%
2012 22.47 % +0.0%
2013 20.22 % -10.0%
2014 19.35 % -4.3%
2015 18.96 % -2.0%
2016 20.32 % +7.2%
2017 19.2 % -5.5%
2018 20.6 % +7.2%
2019 22.24 % +8.0%
2020 21.48 % -3.4%
2021 22.23 % +3.5%
2022 22.27 % +0.2%
2023 22.08 % -0.9%
2024 24.91 % +12.8%

Averages by decade

DecadeAverage LowestHighest Years
1970s 9.77 % 7.66 % 12.62 % 10
1980s 9.2 % 7.42 % 11.91 % 10
1990s 10.2 % 6.84 % 14.78 % 10
2000s 17.76 % 10 % 30.57 % 10
2010s 20.85 % 18.96 % 22.67 % 10
2020s 22.59 % 21.48 % 24.91 % 5

Countries ranked near Madagascar

  1. 72 Morocco 25.04 % compare
  2. 73 Bosnia and Herzegovina 25.02 % compare
  3. 74 Serbia 24.99 % compare
  4. 76 Iceland 24.81 % compare
  5. 77 Rwanda 24.77 % compare
  6. 78 Japan 24.67 % compare

See the full ranking of 251 places →

More economy & growth data for Madagascar

All data for Madagascar →

Frequently asked questions

What is gross fixed capital formation — share of gdp us$, 2015 prices in Madagascar?
Gross fixed capital formation — share of gdp us$, 2015 prices in Madagascar was 24.91 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — share of gdp us$, 2015 prices recorded in Madagascar?
The highest recorded value was 30.57 % in 2008.
What is the lowest gross fixed capital formation — share of gdp us$, 2015 prices recorded in Madagascar?
The lowest recorded value was 6.84 % in 1991.
How does Madagascar rank for gross fixed capital formation — share of gdp us$, 2015 prices?
Madagascar ranks 75th out of 203 countries with data for 2024.
Is gross fixed capital formation — share of gdp us$, 2015 prices rising or falling in Madagascar?
Over the last ten years it is up 28.7%. The long-run trend across the full record is rising.
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 — Share of GDP US$, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Madagascar. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 02 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-share-of-gdp-us-2015-prices/madagascar/

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About this data

Indicator
Gross Fixed Capital Formation — Share of GDP US$, 2015 prices
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).