Madagascar MG: GDP: USD: Gross Fixed Capital Formation

Madagascar MG: GDP: USD: Gross Fixed Capital Formation data was reported at 1.742 USD bn in 2017. This records an increase from the previous number of 1.479 USD bn for 2016. Madagascar MG: GDP: USD: Gross Fixed Capital Formation data is updated yearly, averaging 456.592 USD mn from Dec 1970 (Median) to 2017, with 47 observations. The data reached an all-time high of 3.795 USD bn in 2008 and a record low of 101.213 USD mn in 1970. Madagascar MG: GDP: USD: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Madagascar – Table MG.World Bank: Gross Domestic Product: Nominal. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

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