Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Madagascar

Madagascar: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.3312 million SLC per person in 2024. ▲ Rising

Latest (2024)
0.3312 million SLC per person
Change on year
up 14.7%
World rank
27th
of 194 countries
All-time high
0.4403 million SLC per person
in 2008
All-time low
0.0983 million SLC per person
in 1991
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Madagascar, 1970–2024

0.10.20.30.4197019972024

Source: Statizoid (derived). Measured in million SLC per person.

Analysis

In 2024, gross fixed capital formation — value standard local currency, 2015 in Madagascar stood at 0.3312 million SLC per person.

The figure is up 14.7% on the previous year and up 31.6% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Madagascar peaked at 0.4403 million SLC per person in 2008 and was at its lowest, 0.0983 million SLC per person, in 1991.

That places Madagascar 27th out of 194 countries with data for 2024, putting it in the top quarter.

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

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Madagascar, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per capita in Madagascar, 1970 to 2024.
Year million SLC per person Change
1970 0.2516 million SLC per person
1971 0.2877 million SLC per person +14.4%
1972 0.2159 million SLC per person -25.0%
1973 0.2179 million SLC per person +0.9%
1974 0.2252 million SLC per person +3.4%
1975 0.2096 million SLC per person -6.9%
1976 0.1704 million SLC per person -18.7%
1977 0.1632 million SLC per person -4.2%
1978 0.1461 million SLC per person -10.5%
1979 0.2563 million SLC per person +75.4%
1980 0.2357 million SLC per person -8.0%
1981 0.1595 million SLC per person -32.3%
1982 0.1264 million SLC per person -20.7%
1983 0.1219 million SLC per person -3.6%
1984 0.1243 million SLC per person +2.0%
1985 0.1223 million SLC per person -1.6%
1986 0.1252 million SLC per person +2.4%
1987 0.1419 million SLC per person +13.4%
1988 0.1846 million SLC per person +30.1%
1989 0.1879 million SLC per person +1.8%
1990 0.2335 million SLC per person +24.3%
1991 0.0983 million SLC per person -57.9%
1992 0.1386 million SLC per person +41.0%
1993 0.1462 million SLC per person +5.4%
1994 0.1214 million SLC per person -16.9%
1995 0.1187 million SLC per person -2.2%
1996 0.1293 million SLC per person +8.9%
1997 0.1323 million SLC per person +2.3%
1998 0.1515 million SLC per person +14.5%
1999 0.1486 million SLC per person -1.9%
2000 0.1654 million SLC per person +11.3%
2001 0.1967 million SLC per person +19.0%
2002 0.1193 million SLC per person -39.4%
2003 0.1725 million SLC per person +44.6%
2004 0.2143 million SLC per person +24.3%
2005 0.2054 million SLC per person -4.2%
2006 0.238 million SLC per person +15.9%
2007 0.2792 million SLC per person +17.3%
2008 0.4403 million SLC per person +57.7%
2009 0.3716 million SLC per person -15.6%
2010 0.2975 million SLC per person -19.9%
2011 0.291 million SLC per person -2.2%
2012 0.2917 million SLC per person +0.2%
2013 0.2614 million SLC per person -10.4%
2014 0.2516 million SLC per person -3.7%
2015 0.2477 million SLC per person -1.6%
2016 0.269 million SLC per person +8.6%
2017 0.2574 million SLC per person -4.3%
2018 0.2775 million SLC per person +7.8%
2019 0.3049 million SLC per person +9.9%
2020 0.2665 million SLC per person -12.6%
2021 0.2814 million SLC per person +5.6%
2022 0.2865 million SLC per person +1.8%
2023 0.2888 million SLC per person +0.8%
2024 0.3312 million SLC per person +14.7%

Madagascar compared with similar countries

  • Madagascar's 0.3312 million SLC per person is above the median for low income countries, which is 0.0447 million SLC per person, 7.4× the median. (23 countries reporting)
  • Madagascar's 0.3312 million SLC per person is above the median for Sub-Saharan Africa, which is 0.0609 million SLC per person, 5.4× the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.2144 million SLC per person 0.1461 million SLC per person 0.2877 million SLC per person 10
1980s 0.153 million SLC per person 0.1219 million SLC per person 0.2357 million SLC per person 10
1990s 0.1418 million SLC per person 0.0983 million SLC per person 0.2335 million SLC per person 10
2000s 0.2403 million SLC per person 0.1193 million SLC per person 0.4403 million SLC per person 10
2010s 0.275 million SLC per person 0.2477 million SLC per person 0.3049 million SLC per person 10
2020s 0.2909 million SLC per person 0.2665 million SLC per person 0.3312 million SLC per person 5

Countries ranked near Madagascar

  1. 24 French Polynesia 0.4959 million SLC per person compare
  2. 25 Myanmar 0.4842 million SLC per person compare
  3. 26 Cote d'Ivoire 0.4133 million SLC per person compare
  4. 28 Senegal 0.3257 million SLC per person compare
  5. 29 Congo 0.3124 million SLC per person compare
  6. 30 Equatorial Guinea 0.2767 million SLC per person compare

See the full ranking of 194 places →

More economy & growth data for Madagascar

All data for Madagascar →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, 2015 in Madagascar?
Gross fixed capital formation — value standard local currency, 2015 in Madagascar was 0.3312 million SLC per person in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Madagascar?
The highest recorded value was 0.4403 million SLC per person in 2008.
What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Madagascar?
The lowest recorded value was 0.0983 million SLC per person in 1991.
How does Madagascar rank for gross fixed capital formation — value standard local currency, 2015?
Madagascar ranks 27th out of 194 countries with data for 2024.
Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Madagascar?
Over the last ten years it is up 31.6%. The long-run trend across the full record is rising.
Where does this Madagascar data come from?
The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Madagascar. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-2015-prices-per-capita/madagascar/

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How this figure is calculated

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Population, total

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 — Value Standard Local Currency, 2015 prices, per capita
Unit
million SLC per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,949 data points, 1970–2024
Last refreshed

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.