Gross fixed capital formation, Private sector, Constant prices in Benin
Benin: Gross fixed capital formation, Private sector, Constant prices 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, Constant prices 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% |
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
- 113 Macau, China 6.92 compare
- 114 West Bank and Gaza 6.58 compare
- 115 Burkina Faso 5.76 compare
- 117 Albania 5.43 compare
- 118 Gabon 5.03 compare
- 119 Syrian Arab Republic 4.79 compare
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)
- Gross domestic savings (current US$), annual growth rate 16.89 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.3281 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 544.15 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 12.18 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 190.96 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 316,656 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 14.88 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.965 current US$ 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.