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 175 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% |
Benin compared with similar countries
- Benin's 10.5% is above the median for lower middle income countries, which is 2.8%, 3.7× the median. (38 countries reporting)
- Benin's 10.5% is above the median for Sub-Saharan Africa, which is 6.1%, 1.7× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Annual growth of the gross capital formation (%) in Benin changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +1477.2% | 1.6% | 24.7% |
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
- Real gdp growth, annual growth rate 17.31 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -3.83 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0103 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 17.01 units per person (2025)
- SDRs holdings, SDR, annual growth rate -8.42 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0075 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 12.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -0.7436 % 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 175 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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