Gross fixed capital formation, Private sector … Private Purchasing in Benin
Benin: Gross fixed capital formation, Private sector … Private Purchasing was 5.52 in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Constant prices in Benin, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, private sector, constant prices in Benin stood at 5.52. That is the highest value across all 60 years on record.
Compared with earlier readings it is up 19.1% on the previous year and up 324.3% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Benin peaked at 5.52 in 2019 and was at its lowest, 0.2053, in 1960.
That places Benin 116th out of 173 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector … Private Purchasing in Benin, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 0.2053 | — |
| 1961 | 0.2135 | +4.0% |
| 1962 | 0.2221 | +4.0% |
| 1963 | 0.2309 | +4.0% |
| 1964 | 0.2402 | +4.0% |
| 1965 | 0.2498 | +4.0% |
| 1966 | 0.2598 | +4.0% |
| 1967 | 0.2702 | +4.0% |
| 1968 | 0.281 | +4.0% |
| 1969 | 0.2922 | +4.0% |
| 1970 | 0.2842 | -2.7% |
| 1971 | 0.2934 | +3.2% |
| 1972 | 0.392 | +33.6% |
| 1973 | 0.3487 | -11.1% |
| 1974 | 0.3746 | +7.4% |
| 1975 | 0.3651 | -2.5% |
| 1976 | 0.2906 | -20.4% |
| 1977 | 0.2829 | -2.6% |
| 1978 | 0.2559 | -9.5% |
| 1979 | 0.4021 | +57.1% |
| 1980 | 0.4271 | +6.2% |
| 1981 | 0.4209 | -1.4% |
| 1982 | 0.7929 | +88.4% |
| 1983 | 0.5253 | -33.7% |
| 1984 | 0.3673 | -30.1% |
| 1985 | 0.2854 | -22.3% |
| 1986 | 0.4027 | +41.1% |
| 1987 | 0.4196 | +4.2% |
| 1988 | 0.3528 | -15.9% |
| 1989 | 0.3322 | -5.8% |
| 1990 | 0.5233 | +57.5% |
| 1991 | 0.6037 | +15.4% |
| 1992 | 0.6472 | +7.2% |
| 1993 | 0.7423 | +14.7% |
| 1994 | 0.6651 | -10.4% |
| 1995 | 0.7467 | +12.3% |
| 1996 | 0.7901 | +5.8% |
| 1997 | 0.88 | +11.4% |
| 1998 | 0.9751 | +10.8% |
| 1999 | 1.18 | +21.0% |
| 2000 | 1.09 | -7.7% |
| 2001 | 1.25 | +14.8% |
| 2002 | 1.24 | -0.9% |
| 2003 | 1.31 | +5.8% |
| 2004 | 1.29 | -2.0% |
| 2005 | 1.16 | -9.7% |
| 2006 | 1.23 | +6.0% |
| 2007 | 1.38 | +12.2% |
| 2008 | 1.51 | +9.0% |
| 2009 | 1.3 | -13.6% |
| 2010 | 1.87 | +43.5% |
| 2011 | 1.92 | +2.8% |
| 2012 | 2.04 | +6.6% |
| 2013 | 3.08 | +50.7% |
| 2014 | 3.32 | +7.6% |
| 2015 | 2.94 | -11.2% |
| 2016 | 3.18 | +8.1% |
| 2017 | 3.65 | +14.5% |
| 2018 | 4.63 | +27.1% |
| 2019 | 5.52 | +19.1% |
Benin compared with similar countries
- Benin's 5.52 is below the median for lower middle income countries, which is 8.1, 68% of the median. (41 countries reporting)
- Benin's 5.52 is above the median for Sub-Saharan Africa, which is 3.4, 1.6× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector … Private Purchasing 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 |
|---|---|---|---|
| 1982 | +88.4% | 0.4209 | 0.7929 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.2465 | 0.2053 | 0.2922 | 10 |
| 1970s | 0.3289 | 0.2559 | 0.4021 | 10 |
| 1980s | 0.4326 | 0.2854 | 0.7929 | 10 |
| 1990s | 0.7754 | 0.5233 | 1.18 | 10 |
| 2000s | 1.28 | 1.09 | 1.51 | 10 |
| 2010s | 3.21 | 1.87 | 5.52 | 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0229 units per US$ of GDP (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 5.52 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 5.52 in 2019.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Benin?
- The lowest recorded value was 0.2053 in 1960.
- How does Benin rank for gross fixed capital formation, private sector, constant prices?
- Benin ranks 116th 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 324.3%. The long-run trend across the full record is volatile.
- 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, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. 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.