Gross fixed capital formation in Madagascar

Madagascar: Gross fixed capital formation was 12.3% in 2025. ◆ Volatile

Latest (2025)
12.3%
Change on year
up 206.9%
World rank
27th
of 166 countries
All-time high
62.4%
in 2008
All-time low
-36.4%
in 2002
Years of data
45
1981–2025

Gross fixed capital formation in Madagascar, 1981–2025

-40-2002040601981200320251981: -30.8 annual % growth1982: -27.5 annual % growth1983: -0.534 annual % growth1984: 4.9 annual % growth1985: 2.4 annual % growth1986: 7.8 annual % growth1987: 14.2 annual % growth1988: 39.3 annual % growth1989: -0.067 annual % growth1990: 16.7 annual % growth1991: -36.1 annual % growth1992: 9.6 annual % growth1993: 8.5 annual % growth1994: -12.1 annual % growth1995: 2.6 annual % growth1996: 11.6 annual % growth1997: 7.3 annual % growth1998: 17.9 annual % growth1999: 2.9 annual % growth2000: 16.4 annual % growth2001: 23.1 annual % growth2002: -36.4 annual % growth2003: 43.8 annual % growth2004: 27.1 annual % growth2005: -0.065 annual % growth2006: 19 annual % growth2007: 33.9 annual % growth2008: 62.4 annual % growth2009: -13.1 annual % growth2010: -17.6 annual % growth2011: 0.649 annual % growth2012: 3 annual % growth2013: -7.9 annual % growth2014: -1.1 annual % growth2015: 1.1 annual % growth2016: 11.5 annual % growth2017: -1.8 annual % growth2018: 10.7 annual % growth2019: 12.8 annual % growth2020: -10.3 annual % growth2021: 8.3 annual % growth2022: 4.6 annual % growth2023: 3 annual % growth2024: 4 annual % growth2025: 12.3 annual % growth

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.

Analysis

Madagascar recorded 12.3% for gross fixed capital formation in 2025.

The figure is up 206.9% on the previous year and up 1,068.7% over ten years.

Over the whole period, gross fixed capital formation in Madagascar peaked at 62.4% in 2008 and was at its lowest, -36.4%, in 2002.

That places Madagascar 27th out of 166 countries with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.1% -30.8% 39.3% 9
1990s 2.9% -36.1% 17.9% 10
2000s 17.6% -36.4% 62.4% 10
2010s 1.1% -17.6% 12.8% 10
2020s 3.7% -10.3% 12.3% 6

Countries ranked near Madagascar

  1. 24 Djibouti 12.9% compare
  2. 25 Morocco 12.8% compare
  3. 26 Palau 12.6% compare
  4. 28 Paraguay 12.2% compare
  5. 29 Algeria 12.2% compare
  6. 30 Guatemala 11.3% compare

See the full ranking of 199 places →

More economy & growth data for Madagascar

All data for Madagascar →

Frequently asked questions

What is gross fixed capital formation in Madagascar?
Gross fixed capital formation in Madagascar was 12.3% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross fixed capital formation recorded in Madagascar?
The highest recorded value was 62.4% in 2008.
What is the lowest gross fixed capital formation recorded in Madagascar?
The lowest recorded value was -36.4% in 2002.
How does Madagascar rank for gross fixed capital formation?
Madagascar ranks 27th out of 166 countries with data for 2025.
Is gross fixed capital formation rising or falling in Madagascar?
Over the last ten years it is up 1,068.7%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross fixed capital formation (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
199 places, 8,106 data points, 1961–2025
Last refreshed

Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.