Annual growth of the gross capital formation in Benin
Benin: Annual growth of the gross capital formation was 10.5% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Benin, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Benin recorded 10.5% for annual growth of the gross capital formation in 2024.
That represents a change of down 32.9% on the previous year and up 13.9% over ten years.
Over the whole period, annual growth of the gross capital formation in Benin peaked at 40.7% in 2013 and was at its lowest, -22.7%, in 2005.
Benin ranks 34th of 174 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Benin, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -5.8% | — |
| 2001 | 22.5% | -486.4% |
| 2002 | -12.1% | -153.8% |
| 2003 | 6.4% | -153.0% |
| 2004 | 6.7% | +4.1% |
| 2005 | -22.7% | -438.7% |
| 2006 | 10.5% | -146.1% |
| 2007 | 30.9% | +196.1% |
| 2008 | -8.8% | -128.4% |
| 2009 | 11.8% | -234.2% |
| 2010 | 8.7% | -26.5% |
| 2011 | 5.1% | -41.0% |
| 2012 | 5.0% | -2.5% |
| 2013 | 40.7% | +715.9% |
| 2014 | 9.2% | -77.3% |
| 2015 | 13.9% | +51.1% |
| 2016 | 1.6% | -88.8% |
| 2017 | 24.7% | +1477.2% |
| 2018 | 15.9% | -35.7% |
| 2019 | 10.0% | -37.0% |
| 2020 | 1.9% | -81.4% |
| 2021 | 17.9% | +859.3% |
| 2022 | -7.9% | -144.4% |
| 2023 | 15.7% | -298.0% |
| 2024 | 10.5% | -32.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.9% | -22.7% | 30.9% | 10 |
| 2010s | 13.5% | 1.6% | 40.7% | 10 |
| 2020s | 7.6% | -7.9% | 17.9% | 5 |
Countries ranked near Benin
More economy & growth data for Benin
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.42 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.03 Percent per annum (2029)
- Final consumption expenditure (constant 2015 US$), per capita 1,031 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 14.41 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.03 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 1,708 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 9.81 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 599.46 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 994,060 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 8.21 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Benin?
- Annual growth of the gross capital formation in Benin was 10.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Benin?
- The highest recorded value was 40.7% in 2013.
- What is the lowest annual growth of the gross capital formation recorded in Benin?
- The lowest recorded value was -22.7% in 2005.
- How does Benin rank for annual growth of the gross capital formation?
- Benin ranks 34th out of 174 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Benin?
- Over the last ten years it is up 13.9%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
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