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

Madagascar: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 15.48 million SLC per square kilometre in 2023. ◆ Volatile

Latest (2023)
15.48 million SLC per square kilometre
Change on year
up 3.3%
World rank
45th
of 194 countries
All-time high
15.84 million SLC per square kilometre
in 2008
All-time low
2.06 million SLC per square kilometre
in 1983
Years of data
54
1970–2023

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Madagascar, 1970–2023

051015197019962023

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

Analysis

In 2023, gross fixed capital formation — value standard local currency, 2015 in Madagascar stood at 15.48 million SLC per square kilometre.

That represents a change of up 3.3% on the previous year and up 42.9% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Madagascar peaked at 15.84 million SLC per square kilometre in 2008 and was at its lowest, 2.06 million SLC per square kilometre, in 1983.

Madagascar ranks 45th of 194 countries on this measure, in the top quarter.

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

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 square kilometre in Madagascar, 1970 to 2023.
Year million SLC per square kilometre Change
1970 2.89 million SLC per square kilometre
1971 3.4 million SLC per square kilometre +17.7%
1972 2.63 million SLC per square kilometre -22.7%
1973 2.73 million SLC per square kilometre +4.0%
1974 2.91 million SLC per square kilometre +6.5%
1975 2.79 million SLC per square kilometre -4.1%
1976 2.34 million SLC per square kilometre -16.2%
1977 2.31 million SLC per square kilometre -1.3%
1978 2.13 million SLC per square kilometre -7.7%
1979 3.85 million SLC per square kilometre +80.8%
1980 3.65 million SLC per square kilometre -5.2%
1981 2.54 million SLC per square kilometre -30.3%
1982 2.08 million SLC per square kilometre -18.4%
1983 2.06 million SLC per square kilometre -0.7%
1984 2.17 million SLC per square kilometre +5.0%
1985 2.19 million SLC per square kilometre +1.3%
1986 2.31 million SLC per square kilometre +5.3%
1987 2.7 million SLC per square kilometre +16.6%
1988 3.61 million SLC per square kilometre +33.9%
1989 3.78 million SLC per square kilometre +4.8%
1990 4.84 million SLC per square kilometre +28.0%
1991 2.1 million SLC per square kilometre -56.6%
1992 3.05 million SLC per square kilometre +45.4%
1993 3.32 million SLC per square kilometre +8.7%
1994 2.84 million SLC per square kilometre -14.3%
1995 2.87 million SLC per square kilometre +0.9%
1996 3.23 million SLC per square kilometre +12.4%
1997 3.41 million SLC per square kilometre +5.7%
1998 4.03 million SLC per square kilometre +18.3%
1999 4.09 million SLC per square kilometre +1.4%
2000 4.7 million SLC per square kilometre +14.8%
2001 5.76 million SLC per square kilometre +22.7%
2002 3.6 million SLC per square kilometre -37.5%
2003 5.36 million SLC per square kilometre +48.9%
2004 6.86 million SLC per square kilometre +27.9%
2005 6.77 million SLC per square kilometre -1.3%
2006 8.08 million SLC per square kilometre +19.3%
2007 9.76 million SLC per square kilometre +20.8%
2008 15.84 million SLC per square kilometre +62.4%
2009 13.77 million SLC per square kilometre -13.1%
2010 11.35 million SLC per square kilometre -17.6%
2011 11.42 million SLC per square kilometre +0.6%
2012 11.77 million SLC per square kilometre +3.0%
2013 10.83 million SLC per square kilometre -7.9%
2014 10.71 million SLC per square kilometre -1.1%
2015 10.82 million SLC per square kilometre +1.1%
2016 12.07 million SLC per square kilometre +11.5%
2017 11.85 million SLC per square kilometre -1.8%
2018 13.11 million SLC per square kilometre +10.7%
2019 14.79 million SLC per square kilometre +12.8%
2020 13.26 million SLC per square kilometre -10.3%
2021 14.36 million SLC per square kilometre +8.3%
2022 14.99 million SLC per square kilometre +4.4%
2023 15.48 million SLC per square kilometre +3.3%

Madagascar compared with similar countries

  • Madagascar's 15.48 million SLC per square kilometre is above the median for low income countries, which is 1.86 million SLC per square kilometre, 8.3× the median. (23 countries reporting)
  • Madagascar's 15.48 million SLC per square kilometre is above the median for Sub-Saharan Africa, which is 2.34 million SLC per square kilometre, 6.6× the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.8 million SLC per square kilometre 2.13 million SLC per square kilometre 3.85 million SLC per square kilometre 10
1980s 2.71 million SLC per square kilometre 2.06 million SLC per square kilometre 3.78 million SLC per square kilometre 10
1990s 3.38 million SLC per square kilometre 2.1 million SLC per square kilometre 4.84 million SLC per square kilometre 10
2000s 8.05 million SLC per square kilometre 3.6 million SLC per square kilometre 15.84 million SLC per square kilometre 10
2010s 11.87 million SLC per square kilometre 10.71 million SLC per square kilometre 14.79 million SLC per square kilometre 10
2020s 14.52 million SLC per square kilometre 13.26 million SLC per square kilometre 15.48 million SLC per square kilometre 4

Countries ranked near Madagascar

  1. 42 Israel 17.91 million SLC per square kilometre compare
  2. 43 Nigeria 16.39 million SLC per square kilometre compare
  3. 44 Serbia 16.15 million SLC per square kilometre compare
  4. 46 Philippines 15.45 million SLC per square kilometre compare
  5. 47 Bermuda 15.39 million SLC per square kilometre compare
  6. 48 New Caledonia 14.93 million SLC per square kilometre 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 15.48 million SLC per square kilometre in 2023, 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 15.84 million SLC per square kilometre in 2008.
What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Madagascar?
The lowest recorded value was 2.06 million SLC per square kilometre in 1983.
How does Madagascar rank for gross fixed capital formation — value standard local currency, 2015?
Madagascar ranks 45th out of 194 countries with data for 2023.
Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Madagascar?
Over the last ten years it is up 42.9%. 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 — Value Standard Local Currency, 2015 prices, per square kilometre. 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 22 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-2015-prices-per-square/madagascar/

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How this figure is calculated

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices 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 Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ 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 Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per square kilometre
Unit
million SLC per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,587 data points, 1970–2023
Last refreshed

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices 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.