Gross Fixed Capital: Value Standard … 2015 Standard Local Currency in Madagascar
Madagascar: Gross Fixed Capital: Value Standard … 2015 Standard Local Currency was 10.59 million million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Madagascar, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Madagascar recorded 10.59 million million SLC for gross fixed capital formation — value standard local currency, 2015 in 2024. That is the highest value across all 55 years on record.
That represents a change of up 17.5% on the previous year and up 69.9% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Madagascar peaked at 10.59 million million SLC in 2024 and was at its lowest, 1.20 million million SLC, in 1983.
Madagascar ranks 30th of 222 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: Value Standard … 2015 Standard Local Currency in Madagascar, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 1.68 million million SLC | — |
| 1971 | 1.98 million million SLC | +17.7% |
| 1972 | 1.53 million million SLC | -22.7% |
| 1973 | 1.59 million million SLC | +4.0% |
| 1974 | 1.69 million million SLC | +6.5% |
| 1975 | 1.62 million million SLC | -4.1% |
| 1976 | 1.36 million million SLC | -16.2% |
| 1977 | 1.34 million million SLC | -1.3% |
| 1978 | 1.24 million million SLC | -7.7% |
| 1979 | 2.24 million million SLC | +80.8% |
| 1980 | 2.12 million million SLC | -5.2% |
| 1981 | 1.48 million million SLC | -30.3% |
| 1982 | 1.21 million million SLC | -18.4% |
| 1983 | 1.20 million million SLC | -0.7% |
| 1984 | 1.26 million million SLC | +5.0% |
| 1985 | 1.28 million million SLC | +1.3% |
| 1986 | 1.34 million million SLC | +5.3% |
| 1987 | 1.57 million million SLC | +16.6% |
| 1988 | 2.10 million million SLC | +33.9% |
| 1989 | 2.20 million million SLC | +4.8% |
| 1990 | 2.81 million million SLC | +28.0% |
| 1991 | 1.22 million million SLC | -56.6% |
| 1992 | 1.77 million million SLC | +45.4% |
| 1993 | 1.93 million million SLC | +8.7% |
| 1994 | 1.65 million million SLC | -14.3% |
| 1995 | 1.67 million million SLC | +0.9% |
| 1996 | 1.88 million million SLC | +12.4% |
| 1997 | 1.98 million million SLC | +5.7% |
| 1998 | 2.35 million million SLC | +18.3% |
| 1999 | 2.38 million million SLC | +1.4% |
| 2000 | 2.73 million million SLC | +14.8% |
| 2001 | 3.35 million million SLC | +22.7% |
| 2002 | 2.09 million million SLC | -37.5% |
| 2003 | 3.12 million million SLC | +48.9% |
| 2004 | 3.99 million million SLC | +27.9% |
| 2005 | 3.94 million million SLC | -1.3% |
| 2006 | 4.70 million million SLC | +19.3% |
| 2007 | 5.67 million million SLC | +20.8% |
| 2008 | 9.21 million million SLC | +62.4% |
| 2009 | 8.01 million million SLC | -13.1% |
| 2010 | 6.60 million million SLC | -17.6% |
| 2011 | 6.64 million million SLC | +0.6% |
| 2012 | 6.84 million million SLC | +3.0% |
| 2013 | 6.30 million million SLC | -7.9% |
| 2014 | 6.23 million million SLC | -1.1% |
| 2015 | 6.30 million million SLC | +1.1% |
| 2016 | 7.02 million million SLC | +11.5% |
| 2017 | 6.89 million million SLC | -1.8% |
| 2018 | 7.63 million million SLC | +10.7% |
| 2019 | 8.60 million million SLC | +12.8% |
| 2020 | 7.72 million million SLC | -10.3% |
| 2021 | 8.36 million million SLC | +8.3% |
| 2022 | 8.72 million million SLC | +4.4% |
| 2023 | 9.01 million million SLC | +3.3% |
| 2024 | 10.59 million million SLC | +17.5% |
Madagascar compared with similar countries
- Madagascar's 10.59 million million SLC is above the median for low income countries, which is 628,226 million SLC, 16.9× the median. (23 countries reporting)
- Madagascar's 10.59 million million SLC is above the median for Sub-Saharan Africa, which is 523,640 million SLC, 20.2× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.63 million million SLC | 1.24 million million SLC | 2.24 million million SLC | 10 |
| 1980s | 1.58 million million SLC | 1.20 million million SLC | 2.20 million million SLC | 10 |
| 1990s | 1.96 million million SLC | 1.22 million million SLC | 2.81 million million SLC | 10 |
| 2000s | 4.68 million million SLC | 2.09 million million SLC | 9.21 million million SLC | 10 |
| 2010s | 6.91 million million SLC | 6.23 million million SLC | 8.60 million million SLC | 10 |
| 2020s | 8.88 million million SLC | 7.72 million million SLC | 10.59 million million SLC | 5 |
Countries ranked near Madagascar
- 27 Côte d'Ivoire 13.20 million million SLC compare
- 27 Cote d'Ivoire 13.20 million million SLC compare
- 29 Mongolia 11.70 million million SLC compare
- 31 Bangladesh 10.02 million million SLC compare
- 32 Algeria 9.71 million million SLC compare
- 33 Hungary 8.96 million million SLC compare
More economy & growth data for Madagascar
- SDRs holdings, US dollar, annual growth rate 102.48 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.59 units per person (2025)
- SDRs holdings, SDR, annual growth rate 92.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1.16 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0149 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 8.94 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
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 10.59 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Madagascar?
- The highest recorded value was 10.59 million million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Madagascar?
- The lowest recorded value was 1.20 million million SLC in 1983.
- How does Madagascar rank for gross fixed capital formation — value standard local currency, 2015?
- Madagascar ranks 30th out of 222 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 69.9%. 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 — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
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).