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

Madagascar: Gross Fixed Capital Formation — Value Standard Local Currency, per was 23.99 million SLC per square kilometre in 2023. ◆ Volatile

Latest (2023)
23.99 million SLC per square kilometre
Change on year
up 1.8%
World rank
41st
of 194 countries
All-time high
23.99 million SLC per square kilometre
in 2023
All-time low
0.0104 million SLC per square kilometre
in 1972
Years of data
54
1970–2023

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

0510152025197019962023

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

Analysis

In 2023, gross fixed capital formation — value standard local currency, per in Madagascar stood at 23.99 million SLC per square kilometre. That is the highest value across all 54 years on record.

The figure is up 1.8% on the previous year and up 157.7% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, per in Madagascar peaked at 23.99 million SLC per square kilometre in 2023 and was at its lowest, 0.0104 million SLC per square kilometre, in 1972.

That places Madagascar 41st out of 194 countries with data for 2023, putting it 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 square kilometre in Madagascar, 1970 to 2023.
Year million SLC per square kilometre Change
1970 0.0107 million SLC per square kilometre
1971 0.013 million SLC per square kilometre +21.9%
1972 0.0104 million SLC per square kilometre -20.0%
1973 0.0117 million SLC per square kilometre +12.4%
1974 0.0139 million SLC per square kilometre +19.2%
1975 0.0139 million SLC per square kilometre -0.4%
1976 0.0148 million SLC per square kilometre +6.5%
1977 0.0165 million SLC per square kilometre +11.7%
1978 0.0193 million SLC per square kilometre +16.9%
1979 0.0414 million SLC per square kilometre +114.2%
1980 0.0446 million SLC per square kilometre +7.7%
1981 0.0391 million SLC per square kilometre -12.3%
1982 0.0365 million SLC per square kilometre -6.7%
1983 0.0441 million SLC per square kilometre +20.8%
1984 0.051 million SLC per square kilometre +15.6%
1985 0.0564 million SLC per square kilometre +10.7%
1986 0.0695 million SLC per square kilometre +23.1%
1987 0.0967 million SLC per square kilometre +39.2%
1988 0.1594 million SLC per square kilometre +64.8%
1989 0.1871 million SLC per square kilometre +17.4%
1990 0.2726 million SLC per square kilometre +45.7%
1991 0.1401 million SLC per square kilometre -48.6%
1992 0.226 million SLC per square kilometre +61.3%
1993 0.2641 million SLC per square kilometre +16.9%
1994 0.356 million SLC per square kilometre +34.8%
1995 0.5237 million SLC per square kilometre +47.1%
1996 0.6704 million SLC per square kilometre +28.0%
1997 0.8068 million SLC per square kilometre +20.4%
1998 1.04 million SLC per square kilometre +28.9%
1999 1.2 million SLC per square kilometre +15.2%
2000 1.51 million SLC per square kilometre +26.0%
2001 1.9 million SLC per square kilometre +25.7%
2002 1.43 million SLC per square kilometre -24.7%
2003 1.95 million SLC per square kilometre +36.6%
2004 3.39 million SLC per square kilometre +73.7%
2005 3.98 million SLC per square kilometre +17.5%
2006 5.31 million SLC per square kilometre +33.4%
2007 7.23 million SLC per square kilometre +36.3%
2008 11.91 million SLC per square kilometre +64.6%
2009 12.02 million SLC per square kilometre +1.0%
2010 9.29 million SLC per square kilometre -22.7%
2011 9.93 million SLC per square kilometre +6.9%
2012 10.21 million SLC per square kilometre +2.8%
2013 9.31 million SLC per square kilometre -8.8%
2014 9.5 million SLC per square kilometre +2.1%
2015 10.82 million SLC per square kilometre +13.9%
2016 12.28 million SLC per square kilometre +13.4%
2017 12.8 million SLC per square kilometre +4.3%
2018 16.59 million SLC per square kilometre +29.6%
2019 18.64 million SLC per square kilometre +12.4%
2020 16.59 million SLC per square kilometre -11.0%
2021 21.95 million SLC per square kilometre +32.3%
2022 23.56 million SLC per square kilometre +7.3%
2023 23.99 million SLC per square kilometre +1.8%

Madagascar compared with similar countries

  • Madagascar's 23.99 million SLC per square kilometre is above the median for low income countries, which is 2.31 million SLC per square kilometre, 10.4× the median. (23 countries reporting)
  • Madagascar's 23.99 million SLC per square kilometre is above the median for Sub-Saharan Africa, which is 3.96 million SLC per square kilometre, 6.1× the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0166 million SLC per square kilometre 0.0104 million SLC per square kilometre 0.0414 million SLC per square kilometre 10
1980s 0.0784 million SLC per square kilometre 0.0365 million SLC per square kilometre 0.1871 million SLC per square kilometre 10
1990s 0.5498 million SLC per square kilometre 0.1401 million SLC per square kilometre 1.2 million SLC per square kilometre 10
2000s 5.06 million SLC per square kilometre 1.43 million SLC per square kilometre 12.02 million SLC per square kilometre 10
2010s 11.94 million SLC per square kilometre 9.29 million SLC per square kilometre 18.64 million SLC per square kilometre 10
2020s 21.52 million SLC per square kilometre 16.59 million SLC per square kilometre 23.99 million SLC per square kilometre 4

Countries ranked near Madagascar

  1. 38 Sint Maarten (Dutch part) 27.7 million SLC per square kilometre compare
  2. 39 Czechia 27.07 million SLC per square kilometre compare
  3. 40 Qatar 24 million SLC per square kilometre compare
  4. 42 Togo 22.06 million SLC per square kilometre compare
  5. 43 Malawi 22.05 million SLC per square kilometre compare
  6. 44 Serbia 22.01 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, per in Madagascar?
Gross fixed capital formation — value standard local currency, per in Madagascar was 23.99 million SLC per square kilometre in 2023, 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 23.99 million SLC per square kilometre in 2023.
What is the lowest gross fixed capital formation — value standard local currency, per recorded in Madagascar?
The lowest recorded value was 0.0104 million SLC per square kilometre in 1972.
How does Madagascar rank for gross fixed capital formation — value standard local currency, per?
Madagascar ranks 41st out of 194 countries with data for 2023.
Is gross fixed capital formation — value standard local currency, per rising or falling in Madagascar?
Over the last ten years it is up 157.7%. 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 square kilometre. 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 21 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-per-square-kilometre/madagascar/

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<a href="https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-per-square-kilometre/madagascar/">Gross Fixed Capital Formation — Value Standard Local Currency, per in Madagascar</a> — Statizoid

How this figure is calculated

Gross Fixed Capital Formation — Value Standard Local Currency 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 ÷ 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, 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 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.