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Gross Capital Formation (USD) rose 24.6% to USD 3,938 bil in Madagascar in 2024

Gross Capital Formation (USD) (USD bil), 2024
Economy | Madagascar | September 1, 2025
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Gross capital formation rose 24.6% to USD 3,938 bil in Madagascar in 2024, according to the National Statistical Office.

Historically, gross capital formation in Madagascar reached an all time high of USD 4,156 bil in 2008 and an all time low of USD 37.3 bil in 1962.

Madagascar has been ranked 103rd within the group of 126 countries we follow in terms of gross capital formation, 40 places above the position seen 10 years ago.

Gross Capital Formation (USD) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Botswana USD bil 4,412 5,155 4,896 5,131 5,444
Kenya USD bil 17,865 19,415 19,781 22,370 21,807
Lesotho USD bil 548 641 539 687 645 ...
Madagascar USD bil 2,849 3,200 2,312 2,353 3,396
Malawi USD bil 752 944 ... ... ... ... ...
Mozambique USD bil 6,905 6,336 6,381 6,527 8,159
Namibia USD bil 2,041 1,923 1,474 2,172 2,511
South Africa USD bil 65,533 61,595 41,725 53,858 62,727
Swaziland USD bil 923 749 617 941 1,066 ...
Tanzania USD bil 21,876 24,244 25,599 28,041 31,117
Uganda USD bil 8,011 9,025 9,105 9,762 11,027
Zambia USD bil ... ... ... ... ... ... 10,153 9,151 5,848 6,931 7,869 ...