Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Madagascar
Madagascar: Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) was 3,609 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Madagascar, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Madagascar recorded 3,609 million USD for gross fixed capital formation — value us$, 2015 prices 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 us$, 2015 prices in Madagascar peaked at 3,609 million USD in 2024 and was at its lowest, 408.89 million USD, in 1983.
Madagascar ranks 143rd of 235 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Madagascar, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 572.16 million USD | — |
| 1971 | 673.64 million USD | +17.7% |
| 1972 | 520.68 million USD | -22.7% |
| 1973 | 541.27 million USD | +4.0% |
| 1974 | 576.57 million USD | +6.5% |
| 1975 | 553.04 million USD | -4.1% |
| 1976 | 463.31 million USD | -16.2% |
| 1977 | 457.43 million USD | -1.3% |
| 1978 | 422.13 million USD | -7.7% |
| 1979 | 763.37 million USD | +80.8% |
| 1980 | 723.65 million USD | -5.2% |
| 1981 | 504.5 million USD | -30.3% |
| 1982 | 411.83 million USD | -18.4% |
| 1983 | 408.89 million USD | -0.7% |
| 1984 | 429.45 million USD | +5.0% |
| 1985 | 435.03 million USD | +1.3% |
| 1986 | 458.25 million USD | +5.3% |
| 1987 | 534.46 million USD | +16.6% |
| 1988 | 715.45 million USD | +33.9% |
| 1989 | 749.55 million USD | +4.8% |
| 1990 | 959.46 million USD | +28.0% |
| 1991 | 416.22 million USD | -56.6% |
| 1992 | 604.99 million USD | +45.4% |
| 1993 | 657.65 million USD | +8.7% |
| 1994 | 563.49 million USD | -14.3% |
| 1995 | 568.71 million USD | +0.9% |
| 1996 | 639.37 million USD | +12.4% |
| 1997 | 675.99 million USD | +5.7% |
| 1998 | 799.74 million USD | +18.3% |
| 1999 | 810.79 million USD | +1.4% |
| 2000 | 931.14 million USD | +14.8% |
| 2001 | 1,142 million USD | +22.7% |
| 2002 | 713.72 million USD | -37.5% |
| 2003 | 1,063 million USD | +48.9% |
| 2004 | 1,359 million USD | +27.9% |
| 2005 | 1,341 million USD | -1.3% |
| 2006 | 1,601 million USD | +19.3% |
| 2007 | 1,934 million USD | +20.8% |
| 2008 | 3,140 million USD | +62.4% |
| 2009 | 2,729 million USD | -13.1% |
| 2010 | 2,250 million USD | -17.6% |
| 2011 | 2,264 million USD | +0.6% |
| 2012 | 2,333 million USD | +3.0% |
| 2013 | 2,148 million USD | -7.9% |
| 2014 | 2,124 million USD | -1.1% |
| 2015 | 2,147 million USD | +1.1% |
| 2016 | 2,393 million USD | +11.5% |
| 2017 | 2,350 million USD | -1.8% |
| 2018 | 2,601 million USD | +10.7% |
| 2019 | 2,933 million USD | +12.8% |
| 2020 | 2,631 million USD | -10.3% |
| 2021 | 2,848 million USD | +8.3% |
| 2022 | 2,973 million USD | +4.4% |
| 2023 | 3,071 million USD | +3.3% |
| 2024 | 3,609 million USD | +17.5% |
Madagascar compared with similar countries
- Madagascar's 3,609 million USD is above the median for low income countries, which is 3,201 million USD, 1.1× the median. (23 countries reporting)
- Madagascar's 3,609 million USD is above the median for Sub-Saharan Africa, which is 3,315 million USD, 1.1× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 554.36 million USD | 422.13 million USD | 763.37 million USD | 10 |
| 1980s | 537.11 million USD | 408.89 million USD | 749.55 million USD | 10 |
| 1990s | 669.64 million USD | 416.22 million USD | 959.46 million USD | 10 |
| 2000s | 1,595 million USD | 713.72 million USD | 3,140 million USD | 10 |
| 2010s | 2,354 million USD | 2,124 million USD | 2,933 million USD | 10 |
| 2020s | 3,026 million USD | 2,631 million USD | 3,609 million USD | 5 |
Countries ranked near Madagascar
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 us$, 2015 prices in Madagascar?
- Gross fixed capital formation — value us$, 2015 prices in Madagascar was 3,609 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Madagascar?
- The highest recorded value was 3,609 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Madagascar?
- The lowest recorded value was 408.89 million USD in 1983.
- How does Madagascar rank for gross fixed capital formation — value us$, 2015 prices?
- Madagascar ranks 143rd out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices 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 US$, 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).