Gross fixed capital formation, Private sector, Current prices in Benin
Benin: Gross fixed capital formation, Private sector, Current prices was 1,793 in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Benin, 1970–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, private sector, current prices in Benin is 1,793, measured in 2019. That is the highest value across all 50 years on record.
That represents a change of up 11.7% on the previous year and up 309.3% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Benin peaked at 1,793 in 2019 and was at its lowest, 4.6, in 1970.
That places Benin 45th out of 174 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, Current prices in Benin, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 4.6 | — |
| 1971 | 4.62 | +0.5% |
| 1972 | 6.67 | +44.5% |
| 1973 | 6.33 | -5.1% |
| 1974 | 9.07 | +43.3% |
| 1975 | 10.25 | +13.0% |
| 1976 | 9.86 | -3.8% |
| 1977 | 10.28 | +4.2% |
| 1978 | 10.42 | +1.4% |
| 1979 | 17.4 | +67.0% |
| 1980 | 21.44 | +23.2% |
| 1981 | 24.34 | +13.5% |
| 1982 | 48.82 | +100.6% |
| 1983 | 34.87 | -28.6% |
| 1984 | 25.66 | -26.4% |
| 1985 | 31.32 | +22.1% |
| 1986 | 36.15 | +15.4% |
| 1987 | 32.59 | -9.8% |
| 1988 | 35.39 | +8.6% |
| 1989 | 28.78 | -18.7% |
| 1990 | 42.69 | +48.3% |
| 1991 | 48.32 | +13.2% |
| 1992 | 53.42 | +10.6% |
| 1993 | 63.43 | +18.7% |
| 1994 | 146.14 | +130.4% |
| 1995 | 187.64 | +28.4% |
| 1996 | 202.84 | +8.1% |
| 1997 | 240.97 | +18.8% |
| 1998 | 281.05 | +16.6% |
| 1999 | 347.5 | +23.6% |
| 2000 | 331.62 | -4.6% |
| 2001 | 360.29 | +8.6% |
| 2002 | 356.65 | -1.0% |
| 2003 | 384.13 | +7.7% |
| 2004 | 373.48 | -2.8% |
| 2005 | 361.7 | -3.2% |
| 2006 | 390.65 | +8.0% |
| 2007 | 448.96 | +14.9% |
| 2008 | 499.58 | +11.3% |
| 2009 | 438.14 | -12.3% |
| 2010 | 633.11 | +44.5% |
| 2011 | 691.73 | +9.3% |
| 2012 | 742.4 | +7.3% |
| 2013 | 1,121 | +51.0% |
| 2014 | 1,144 | +2.0% |
| 2015 | 1,003 | -12.3% |
| 2016 | 1,082 | +7.9% |
| 2017 | 1,237 | +14.3% |
| 2018 | 1,606 | +29.8% |
| 2019 | 1,793 | +11.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.95 | 4.6 | 17.4 | 10 |
| 1980s | 31.94 | 21.44 | 48.82 | 10 |
| 1990s | 161.4 | 42.69 | 347.5 | 10 |
| 2000s | 394.52 | 331.62 | 499.58 | 10 |
| 2010s | 1,105 | 633.11 | 1,793 | 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)
- Services, value added (constant LCU), per capita 394,303 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 1.55 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 14.34 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9049 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 1,500 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 9.74 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 526.56 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 873,178 current LCU per person (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, current prices in Benin?
- Gross fixed capital formation, private sector, current prices in Benin was 1,793 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, current prices recorded in Benin?
- The highest recorded value was 1,793 in 2019.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Benin?
- The lowest recorded value was 4.6 in 1970.
- How does Benin rank for gross fixed capital formation, private sector, current prices?
- Benin ranks 45th out of 174 countries with data for 2019.
- Is gross fixed capital formation, private sector, current prices rising or falling in Benin?
- Over the last ten years it is up 309.3%. 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, Current prices, Domestic currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.