Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Benin
Benin: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.2683 million SLC per person in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Benin, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
Benin recorded 0.2683 million SLC per person for gross fixed capital formation — value standard local currency, 2015 in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 7.9% on the previous year and up 125.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Benin peaked at 0.2683 million SLC per person in 2024 and was at its lowest, 0.041 million SLC per person, in 1985.
That places Benin 31st out of 194 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.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Benin, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0884 million SLC per person | — |
| 1971 | 0.0892 million SLC per person | +0.9% |
| 1972 | 0.1165 million SLC per person | +30.6% |
| 1973 | 0.1012 million SLC per person | -13.1% |
| 1974 | 0.1062 million SLC per person | +4.9% |
| 1975 | 0.101 million SLC per person | -4.9% |
| 1976 | 0.0784 million SLC per person | -22.4% |
| 1977 | 0.0744 million SLC per person | -5.1% |
| 1978 | 0.0656 million SLC per person | -11.9% |
| 1979 | 0.1003 million SLC per person | +53.0% |
| 1980 | 0.1046 million SLC per person | +4.2% |
| 1981 | 0.0957 million SLC per person | -8.4% |
| 1982 | 0.1426 million SLC per person | +49.0% |
| 1983 | 0.0792 million SLC per person | -44.5% |
| 1984 | 0.0604 million SLC per person | -23.8% |
| 1985 | 0.041 million SLC per person | -32.1% |
| 1986 | 0.0529 million SLC per person | +29.2% |
| 1987 | 0.0579 million SLC per person | +9.4% |
| 1988 | 0.0462 million SLC per person | -20.1% |
| 1989 | 0.0436 million SLC per person | -5.8% |
| 1990 | 0.0507 million SLC per person | +16.3% |
| 1991 | 0.054 million SLC per person | +6.5% |
| 1992 | 0.0557 million SLC per person | +3.3% |
| 1993 | 0.0578 million SLC per person | +3.6% |
| 1994 | 0.0545 million SLC per person | -5.6% |
| 1995 | 0.0616 million SLC per person | +13.0% |
| 1996 | 0.0614 million SLC per person | -0.3% |
| 1997 | 0.0654 million SLC per person | +6.5% |
| 1998 | 0.0667 million SLC per person | +2.1% |
| 1999 | 0.0702 million SLC per person | +5.2% |
| 2000 | 0.0678 million SLC per person | -3.5% |
| 2001 | 0.0765 million SLC per person | +12.9% |
| 2002 | 0.0706 million SLC per person | -7.7% |
| 2003 | 0.074 million SLC per person | +4.9% |
| 2004 | 0.0704 million SLC per person | -4.9% |
| 2005 | 0.0624 million SLC per person | -11.3% |
| 2006 | 0.0595 million SLC per person | -4.7% |
| 2007 | 0.0721 million SLC per person | +21.2% |
| 2008 | 0.0707 million SLC per person | -2.0% |
| 2009 | 0.0739 million SLC per person | +4.6% |
| 2010 | 0.0789 million SLC per person | +6.7% |
| 2011 | 0.0797 million SLC per person | +1.0% |
| 2012 | 0.077 million SLC per person | -3.3% |
| 2013 | 0.1094 million SLC per person | +42.1% |
| 2014 | 0.1192 million SLC per person | +8.9% |
| 2015 | 0.1215 million SLC per person | +1.9% |
| 2016 | 0.1183 million SLC per person | -2.6% |
| 2017 | 0.1441 million SLC per person | +21.8% |
| 2018 | 0.1629 million SLC per person | +13.0% |
| 2019 | 0.175 million SLC per person | +7.4% |
| 2020 | 0.174 million SLC per person | -0.6% |
| 2021 | 0.1997 million SLC per person | +14.8% |
| 2022 | 0.2199 million SLC per person | +10.1% |
| 2023 | 0.2487 million SLC per person | +13.1% |
| 2024 | 0.2683 million SLC per person | +7.9% |
Benin compared with similar countries
- Benin's 0.2683 million SLC per person is above the median for lower middle income countries, which is 0.0322 million SLC per person, 8.3× the median. (44 countries reporting)
- Benin's 0.2683 million SLC per person is above the median for Sub-Saharan Africa, which is 0.0609 million SLC per person, 4.4× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0921 million SLC per person | 0.0656 million SLC per person | 0.1165 million SLC per person | 10 |
| 1980s | 0.0724 million SLC per person | 0.041 million SLC per person | 0.1426 million SLC per person | 10 |
| 1990s | 0.0598 million SLC per person | 0.0507 million SLC per person | 0.0702 million SLC per person | 10 |
| 2000s | 0.0698 million SLC per person | 0.0595 million SLC per person | 0.0765 million SLC per person | 10 |
| 2010s | 0.1186 million SLC per person | 0.077 million SLC per person | 0.175 million SLC per person | 10 |
| 2020s | 0.2221 million SLC per person | 0.174 million SLC per person | 0.2683 million SLC per person | 5 |
Countries ranked near Benin
- 28 Senegal 0.3257 million SLC per person compare
- 29 Congo 0.3124 million SLC per person compare
- 30 Equatorial Guinea 0.2767 million SLC per person compare
- 32 Albania 0.2196 million SLC per person compare
- 33 Serbia 0.2196 million SLC per person compare
- 34 Algeria 0.2075 million SLC per person 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 60.28 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0028 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.17 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 543.01 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 22.59 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0253 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 37.55 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 12.54 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Benin?
- Gross fixed capital formation — value standard local currency, 2015 in Benin was 0.2683 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Benin?
- The highest recorded value was 0.2683 million SLC per person in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Benin?
- The lowest recorded value was 0.041 million SLC per person in 1985.
- How does Benin rank for gross fixed capital formation — value standard local currency, 2015?
- Benin ranks 31st out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Benin?
- Over the last ten years it is up 125.1%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.