Gross Capital Formation (As % of GDP) rose to 19.0% in Madagascar in 2019

Gross Capital Formation (As % of GDP) (%)
Economy | Madagascar | January 1, 2020
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Gross capital formation as a share of GDP reached 19.0 % in 2019 in Madagascar, according to the National Statistical Office. This is 11.1 % more than in the previous year.

Historically, gross capital formation as a share of GDP in Madagascar reached an all time high of 19.0 % in 2019 and an all time low of 0.050 % in 1962. When compared to Madagascar's main peers, gross capital formation as a share of GDP in Mozambique amounted to 66.0 %, 18.0 % in South Africa, 11.9 % in Swaziland and 31.4 % in Tanzania in 2019.

Madagascar has been ranked 126th within the group of 163 countries we follow in terms of gross capital formation as a share of GDP, 101 places behind the position seen 10 years ago.

Measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises), less disposals of fixed assets.

Gross Capital Formation (As % of GDP) Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023
Botswana % 0.281% 28.3% 30.0% 30.8% 30.5%
Kenya % 0.182% 16.8% 18.5% 19.5% 19.8%
Lesotho % 24.0% 25.0% 30.9% 22.2% 28.3%
Madagascar % 0.152% 17.1% 19.0% 19.1% 19.3%
Malawi % 0.134% 11.8% 13.0% 12.9% 13.0%
Mozambique % 0.392% 40.0% 66.0% 85.1% 106%
Namibia % 0.177% 22.3% 23.0% 23.5% 23.6%
South Africa % 0.186% 18.1% 18.0% 18.1% 18.2%
Swaziland % 0.117% 13.3% 11.9% 9.51% 7.71%
Tanzania % 0.340% 30.5% 31.4% 31.4% 31.1%
Uganda % 0.237% 27.2% 28.9% 28.8% 27.6%
Zambia % 42.2% 44.4% 42.1% 41.1% 38.5%