Gross Fixed Capital Formation — Value Standard Local Currency in Madagascar
Madagascar: Gross Fixed Capital Formation — Value Standard Local Currency was 17.82 million million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Madagascar, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency in Madagascar is 17.82 million million SLC, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 27.7% on the previous year and up 222.4% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Madagascar peaked at 17.82 million million SLC in 2024 and was at its lowest, 6,049 million SLC, in 1972.
Madagascar ranks 32nd of 230 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 in Madagascar, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 6,209 million SLC | — |
| 1971 | 7,566 million SLC | +21.9% |
| 1972 | 6,049 million SLC | -20.0% |
| 1973 | 6,800 million SLC | +12.4% |
| 1974 | 8,108 million SLC | +19.2% |
| 1975 | 8,076 million SLC | -0.4% |
| 1976 | 8,603 million SLC | +6.5% |
| 1977 | 9,609 million SLC | +11.7% |
| 1978 | 11,237 million SLC | +16.9% |
| 1979 | 24,070 million SLC | +114.2% |
| 1980 | 25,921 million SLC | +7.7% |
| 1981 | 22,745 million SLC | -12.3% |
| 1982 | 21,229 million SLC | -6.7% |
| 1983 | 25,650 million SLC | +20.8% |
| 1984 | 29,640 million SLC | +15.6% |
| 1985 | 32,825 million SLC | +10.7% |
| 1986 | 40,413 million SLC | +23.1% |
| 1987 | 56,245 million SLC | +39.2% |
| 1988 | 92,707 million SLC | +64.8% |
| 1989 | 108,817 million SLC | +17.4% |
| 1990 | 158,528 million SLC | +45.7% |
| 1991 | 81,466 million SLC | -48.6% |
| 1992 | 131,400 million SLC | +61.3% |
| 1993 | 153,568 million SLC | +16.9% |
| 1994 | 207,039 million SLC | +34.8% |
| 1995 | 304,550 million SLC | +47.1% |
| 1996 | 389,862 million SLC | +28.0% |
| 1997 | 469,202 million SLC | +20.4% |
| 1998 | 604,864 million SLC | +28.9% |
| 1999 | 696,631 million SLC | +15.2% |
| 2000 | 877,518 million SLC | +26.0% |
| 2001 | 1.10 million million SLC | +25.7% |
| 2002 | 829,974 million SLC | -24.7% |
| 2003 | 1.13 million million SLC | +36.6% |
| 2004 | 1.97 million million SLC | +73.7% |
| 2005 | 2.31 million million SLC | +17.5% |
| 2006 | 3.09 million million SLC | +33.4% |
| 2007 | 4.21 million million SLC | +36.3% |
| 2008 | 6.92 million million SLC | +64.6% |
| 2009 | 6.99 million million SLC | +1.0% |
| 2010 | 5.40 million million SLC | -22.7% |
| 2011 | 5.78 million million SLC | +6.9% |
| 2012 | 5.94 million million SLC | +2.8% |
| 2013 | 5.42 million million SLC | -8.8% |
| 2014 | 5.53 million million SLC | +2.1% |
| 2015 | 6.30 million million SLC | +13.9% |
| 2016 | 7.14 million million SLC | +13.4% |
| 2017 | 7.45 million million SLC | +4.3% |
| 2018 | 9.65 million million SLC | +29.6% |
| 2019 | 10.84 million million SLC | +12.4% |
| 2020 | 9.65 million million SLC | -11.0% |
| 2021 | 12.77 million million SLC | +32.3% |
| 2022 | 13.71 million million SLC | +7.3% |
| 2023 | 13.96 million million SLC | +1.8% |
| 2024 | 17.82 million million SLC | +27.7% |
Madagascar compared with similar countries
- Madagascar's 17.82 million million SLC is above the median for low income countries, which is 2.25 million million SLC, 7.9× the median. (23 countries reporting)
- Madagascar's 17.82 million million SLC is above the median for Sub-Saharan Africa, which is 1.26 million million SLC, 14.1× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9,633 million SLC | 6,049 million SLC | 24,070 million SLC | 10 |
| 1980s | 45,619 million SLC | 21,229 million SLC | 108,817 million SLC | 10 |
| 1990s | 319,711 million SLC | 81,466 million SLC | 696,631 million SLC | 10 |
| 2000s | 2.94 million million SLC | 829,974 million SLC | 6.99 million million SLC | 10 |
| 2010s | 6.94 million million SLC | 5.40 million million SLC | 10.84 million million SLC | 10 |
| 2020s | 13.58 million million SLC | 9.65 million million SLC | 17.82 million million SLC | 5 |
Countries ranked near Madagascar
- 29 Sudan 25.52 million million SLC compare
- 30 Mongolia 22.66 million million SLC compare
- 31 Hungary 19.32 million million SLC compare
- 33 Bangladesh 15.36 million million SLC compare
- 34 Côte d'Ivoire 13.99 million million SLC compare
- 34 Cote d'Ivoire 13.99 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 in Madagascar?
- Gross fixed capital formation — value standard local currency in Madagascar was 17.82 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 recorded in Madagascar?
- The highest recorded value was 17.82 million million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Madagascar?
- The lowest recorded value was 6,049 million SLC in 1972.
- How does Madagascar rank for gross fixed capital formation — value standard local currency?
- Madagascar ranks 32nd out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Madagascar?
- Over the last ten years it is up 222.4%. 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. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).