Gross fixed capital formation, Private sector, Constant prices in Benin
Benin: Gross fixed capital formation, Private sector, Constant prices was 14.11 in 2019. ▲ Rising
Gross fixed capital formation, Private sector, Constant prices in Benin, 1960–2019
Source: International Monetary Fund.
Analysis
Benin recorded 14.11 for gross fixed capital formation, private sector, constant prices in 2019. That is the highest value across all 60 years on record.
Compared with earlier readings it is up 11.5% on the previous year and up 89.8% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Benin peaked at 14.11 in 2019 and was at its lowest, 4.28, in 1985.
Benin ranks 104th of 173 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 60 years of available data.
Gross fixed capital formation, Private sector, Constant prices in Benin, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 8.18 | — |
| 1961 | 8.4 | +2.7% |
| 1962 | 9.07 | +8.0% |
| 1963 | 8.94 | -1.5% |
| 1964 | 8.92 | -0.2% |
| 1965 | 8.81 | -1.2% |
| 1966 | 8.85 | +0.4% |
| 1967 | 8.61 | -2.7% |
| 1968 | 8.52 | -1.1% |
| 1969 | 8.38 | -1.6% |
| 1970 | 8.01 | -4.5% |
| 1971 | 8.09 | +1.1% |
| 1972 | 9.85 | +21.7% |
| 1973 | 8.4 | -14.7% |
| 1974 | 8.45 | +0.6% |
| 1975 | 8.84 | +4.6% |
| 1976 | 6.94 | -21.5% |
| 1977 | 6.47 | -6.7% |
| 1978 | 5.89 | -9.1% |
| 1979 | 8.56 | +45.5% |
| 1980 | 8.31 | -2.9% |
| 1981 | 7.76 | -6.7% |
| 1982 | 13.19 | +70.0% |
| 1983 | 9.14 | -30.7% |
| 1984 | 5.92 | -35.2% |
| 1985 | 4.28 | -27.7% |
| 1986 | 5.91 | +38.1% |
| 1987 | 6.25 | +5.8% |
| 1988 | 5.1 | -18.4% |
| 1989 | 4.84 | -5.2% |
| 1990 | 6.99 | +44.6% |
| 1991 | 7.74 | +10.7% |
| 1992 | 8.06 | +4.1% |
| 1993 | 8.73 | +8.4% |
| 1994 | 7.67 | -12.2% |
| 1995 | 7.82 | +1.9% |
| 1996 | 7.93 | +1.4% |
| 1997 | 8.35 | +5.3% |
| 1998 | 8.9 | +6.6% |
| 1999 | 10.23 | +14.9% |
| 2000 | 8.91 | -12.8% |
| 2001 | 9.72 | +9.0% |
| 2002 | 9.2 | -5.3% |
| 2003 | 9.41 | +2.3% |
| 2004 | 8.84 | -6.1% |
| 2005 | 7.85 | -11.2% |
| 2006 | 8 | +2.0% |
| 2007 | 8.48 | +5.9% |
| 2008 | 8.81 | +3.9% |
| 2009 | 7.43 | -15.6% |
| 2010 | 10.44 | +40.5% |
| 2011 | 9.82 | -5.9% |
| 2012 | 9.43 | -4.0% |
| 2013 | 12.53 | +32.9% |
| 2014 | 11.93 | -4.8% |
| 2015 | 9.37 | -21.4% |
| 2016 | 9.8 | +4.6% |
| 2017 | 10.62 | +8.4% |
| 2018 | 12.66 | +19.1% |
| 2019 | 14.11 | +11.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.67 | 8.18 | 9.07 | 10 |
| 1970s | 7.95 | 5.89 | 9.85 | 10 |
| 1980s | 7.07 | 4.28 | 13.19 | 10 |
| 1990s | 8.24 | 6.99 | 10.23 | 10 |
| 2000s | 8.67 | 7.43 | 9.72 | 10 |
| 2010s | 11.07 | 9.37 | 14.11 | 10 |
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 gross fixed capital formation, private sector, constant prices in Benin?
- Gross fixed capital formation, private sector, constant prices in Benin was 14.11 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Benin?
- The highest recorded value was 14.11 in 2019.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Benin?
- The lowest recorded value was 4.28 in 1985.
- How does Benin rank for gross fixed capital formation, private sector, constant prices?
- Benin ranks 104th out of 173 countries with data for 2019.
- Is gross fixed capital formation, private sector, constant prices rising or falling in Benin?
- Over the last ten years it is up 89.8%. The long-run trend across the full record is rising.
- Where does this Benin data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.