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: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual growth of the gross capital formation in Benin stood at 10.5%.
The figure is down 32.9% on the previous year and up 14.0% 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, -22.6%, in 2005.
That places Benin 33rd out of 167 countries with data for 2024, putting it 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% | -486.3% |
| 2002 | -12.1% | -153.8% |
| 2003 | 6.4% | -153.0% |
| 2004 | 6.7% | +4.2% |
| 2005 | -22.6% | -438.6% |
| 2006 | 10.4% | -146.1% |
| 2007 | 30.9% | +196.2% |
| 2008 | -8.8% | -128.4% |
| 2009 | 11.8% | -234.2% |
| 2010 | 8.7% | -26.5% |
| 2011 | 5.1% | -41.1% |
| 2012 | 5.0% | -2.5% |
| 2013 | 40.7% | +716.7% |
| 2014 | 9.2% | -77.3% |
| 2015 | 13.9% | +51.1% |
| 2016 | 1.6% | -88.7% |
| 2017 | 24.7% | +1475.8% |
| 2018 | 15.9% | -35.7% |
| 2019 | 10.0% | -37.1% |
| 2020 | 1.9% | -81.4% |
| 2021 | 17.9% | +859.7% |
| 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% | -22.6% | 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)
- Manufacturing, value added (current US$), per unit of GDP 0.1015 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 168.36 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 59.08 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 97,972 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0832 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 138.03 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 81,602 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 15.15 % 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 World Bank – processed by Our World in Data.
- 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 -22.6% in 2005.
- How does Benin rank for annual growth of the gross capital formation?
- Benin ranks 33rd out of 167 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 14.0%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).