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

Madagascar: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.5575 million SLC per person in 2024. ◆ Volatile

Latest (2024)
0.5575 million SLC per person
Change on year
up 24.6%
World rank
26th
of 194 countries
All-time high
0.5575 million SLC per person
in 2024
All-time low
0.0009 million SLC per person
in 1972
Years of data
55
1970–2024

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

00.20.40.6197019972024

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

Analysis

Madagascar recorded 0.5575 million SLC per person for gross fixed capital formation — value standard local currency, per in 2024. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 24.6% on the previous year and up 149.8% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, per in Madagascar peaked at 0.5575 million SLC per person in 2024 and was at its lowest, 0.0009 million SLC per person, in 1972.

Madagascar ranks 26th 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, per in Madagascar, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, per capita in Madagascar, 1970 to 2024.
Year million SLC per person Change
1970 0.0009 million SLC per person
1971 0.0011 million SLC per person +18.4%
1972 0.0009 million SLC per person -22.4%
1973 0.0009 million SLC per person +9.1%
1974 0.0011 million SLC per person +15.7%
1975 0.001 million SLC per person -3.3%
1976 0.0011 million SLC per person +3.4%
1977 0.0012 million SLC per person +8.4%
1978 0.0013 million SLC per person +13.4%
1979 0.0028 million SLC per person +107.8%
1980 0.0029 million SLC per person +4.5%
1981 0.0025 million SLC per person -14.8%
1982 0.0022 million SLC per person -9.4%
1983 0.0026 million SLC per person +17.3%
1984 0.0029 million SLC per person +12.2%
1985 0.0031 million SLC per person +7.6%
1986 0.0038 million SLC per person +19.6%
1987 0.0051 million SLC per person +35.3%
1988 0.0082 million SLC per person +60.2%
1989 0.0093 million SLC per person +14.0%
1990 0.0131 million SLC per person +41.4%
1991 0.0066 million SLC per person -50.1%
1992 0.0103 million SLC per person +56.5%
1993 0.0116 million SLC per person +13.4%
1994 0.0152 million SLC per person +30.7%
1995 0.0217 million SLC per person +42.5%
1996 0.0269 million SLC per person +24.0%
1997 0.0313 million SLC per person +16.5%
1998 0.0391 million SLC per person +24.8%
1999 0.0435 million SLC per person +11.5%
2000 0.0531 million SLC per person +22.0%
2001 0.0647 million SLC per person +21.8%
2002 0.0473 million SLC per person -26.9%
2003 0.0627 million SLC per person +32.6%
2004 0.1058 million SLC per person +68.7%
2005 0.1207 million SLC per person +14.1%
2006 0.1564 million SLC per person +29.5%
2007 0.207 million SLC per person +32.4%
2008 0.3309 million SLC per person +59.9%
2009 0.3244 million SLC per person -2.0%
2010 0.2435 million SLC per person -25.0%
2011 0.253 million SLC per person +3.9%
2012 0.2531 million SLC per person +0.0%
2013 0.2247 million SLC per person -11.2%
2014 0.2232 million SLC per person -0.6%
2015 0.2477 million SLC per person +11.0%
2016 0.2737 million SLC per person +10.5%
2017 0.278 million SLC per person +1.6%
2018 0.351 million SLC per person +26.2%
2019 0.3843 million SLC per person +9.5%
2020 0.3334 million SLC per person -13.2%
2021 0.4302 million SLC per person +29.0%
2022 0.4504 million SLC per person +4.7%
2023 0.4474 million SLC per person -0.7%
2024 0.5575 million SLC per person +24.6%

Madagascar compared with similar countries

  • Madagascar's 0.5575 million SLC per person is above the median for low income countries, which is 0.0939 million SLC per person, 5.9× the median. (23 countries reporting)
  • Madagascar's 0.5575 million SLC per person is above the median for Sub-Saharan Africa, which is 0.0989 million SLC per person, 5.6× the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0012 million SLC per person 0.0009 million SLC per person 0.0028 million SLC per person 10
1980s 0.0043 million SLC per person 0.0022 million SLC per person 0.0093 million SLC per person 10
1990s 0.0219 million SLC per person 0.0066 million SLC per person 0.0435 million SLC per person 10
2000s 0.1473 million SLC per person 0.0473 million SLC per person 0.3309 million SLC per person 10
2010s 0.2732 million SLC per person 0.2232 million SLC per person 0.3843 million SLC per person 10
2020s 0.4438 million SLC per person 0.3334 million SLC per person 0.5575 million SLC per person 5

Countries ranked near Madagascar

  1. 23 Myanmar 0.8383 million SLC per person compare
  2. 24 Armenia 0.7242 million SLC per person compare
  3. 25 Guyana 0.6293 million SLC per person compare
  4. 27 Sudan 0.5059 million SLC per person compare
  5. 28 Syria 0.4994 million SLC per person compare
  6. 29 French Polynesia 0.492 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, per in Madagascar?
Gross fixed capital formation — value standard local currency, per in Madagascar was 0.5575 million SLC per person in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, per recorded in Madagascar?
The highest recorded value was 0.5575 million SLC per person in 2024.
What is the lowest gross fixed capital formation — value standard local currency, per recorded in Madagascar?
The lowest recorded value was 0.0009 million SLC per person in 1972.
How does Madagascar rank for gross fixed capital formation — value standard local currency, per?
Madagascar ranks 26th out of 194 countries with data for 2024.
Is gross fixed capital formation — value standard local currency, per rising or falling in Madagascar?
Over the last ten years it is up 149.8%. 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, per capita. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, per 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-per-capita/madagascar/

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How this figure is calculated

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