Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Benin
Benin: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 31.12 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
31.12 million SLC per square kilometre
Change on year
up 15.9%
World rank
30th
of 194 countries
All-time high
31.12 million SLC per square kilometre
in 2023
All-time low
1.65 million SLC per square kilometre
in 1985
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Benin, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
Benin recorded 31.12 million SLC per square kilometre for gross fixed capital formation — value standard local currency, 2015 in 2023. That is the highest value across all 54 years on record.
The figure is up 15.9% on the previous year and up 199.4% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Benin peaked at 31.12 million SLC per square kilometre in 2023 and was at its lowest, 1.65 million SLC per square kilometre, in 1985.
That places Benin 30th out of 194 countries with data for 2023, 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 square kilometre | Change |
|---|---|---|
| 1970 | 2.4 million SLC per square kilometre | — |
| 1971 | 2.48 million SLC per square kilometre | +3.2% |
| 1972 | 3.31 million SLC per square kilometre | +33.6% |
| 1973 | 2.95 million SLC per square kilometre | -11.1% |
| 1974 | 3.17 million SLC per square kilometre | +7.4% |
| 1975 | 3.09 million SLC per square kilometre | -2.5% |
| 1976 | 2.46 million SLC per square kilometre | -20.4% |
| 1977 | 2.39 million SLC per square kilometre | -2.6% |
| 1978 | 2.16 million SLC per square kilometre | -9.5% |
| 1979 | 3.4 million SLC per square kilometre | +57.1% |
| 1980 | 3.64 million SLC per square kilometre | +7.1% |
| 1981 | 3.43 million SLC per square kilometre | -5.8% |
| 1982 | 5.26 million SLC per square kilometre | +53.4% |
| 1983 | 3 million SLC per square kilometre | -42.9% |
| 1984 | 2.36 million SLC per square kilometre | -21.5% |
| 1985 | 1.65 million SLC per square kilometre | -30.1% |
| 1986 | 2.19 million SLC per square kilometre | +33.1% |
| 1987 | 2.47 million SLC per square kilometre | +12.8% |
| 1988 | 2.04 million SLC per square kilometre | -17.7% |
| 1989 | 1.98 million SLC per square kilometre | -2.8% |
| 1990 | 2.37 million SLC per square kilometre | +19.9% |
| 1991 | 2.61 million SLC per square kilometre | +9.8% |
| 1992 | 2.78 million SLC per square kilometre | +6.5% |
| 1993 | 3.01 million SLC per square kilometre | +8.3% |
| 1994 | 2.95 million SLC per square kilometre | -2.0% |
| 1995 | 3.4 million SLC per square kilometre | +15.4% |
| 1996 | 3.48 million SLC per square kilometre | +2.3% |
| 1997 | 3.82 million SLC per square kilometre | +9.7% |
| 1998 | 4.02 million SLC per square kilometre | +5.3% |
| 1999 | 4.36 million SLC per square kilometre | +8.5% |
| 2000 | 4.34 million SLC per square kilometre | -0.4% |
| 2001 | 5.05 million SLC per square kilometre | +16.4% |
| 2002 | 4.8 million SLC per square kilometre | -4.9% |
| 2003 | 5.19 million SLC per square kilometre | +8.1% |
| 2004 | 5.09 million SLC per square kilometre | -2.0% |
| 2005 | 4.67 million SLC per square kilometre | -8.4% |
| 2006 | 4.59 million SLC per square kilometre | -1.7% |
| 2007 | 5.73 million SLC per square kilometre | +24.8% |
| 2008 | 5.78 million SLC per square kilometre | +1.0% |
| 2009 | 6.23 million SLC per square kilometre | +7.8% |
| 2010 | 6.85 million SLC per square kilometre | +9.9% |
| 2011 | 7.13 million SLC per square kilometre | +4.1% |
| 2012 | 7.1 million SLC per square kilometre | -0.4% |
| 2013 | 10.39 million SLC per square kilometre | +46.3% |
| 2014 | 11.66 million SLC per square kilometre | +12.2% |
| 2015 | 12.24 million SLC per square kilometre | +5.0% |
| 2016 | 12.28 million SLC per square kilometre | +0.3% |
| 2017 | 15.39 million SLC per square kilometre | +25.3% |
| 2018 | 17.88 million SLC per square kilometre | +16.2% |
| 2019 | 19.75 million SLC per square kilometre | +10.4% |
| 2020 | 20.16 million SLC per square kilometre | +2.1% |
| 2021 | 23.76 million SLC per square kilometre | +17.8% |
| 2022 | 26.84 million SLC per square kilometre | +13.0% |
| 2023 | 31.12 million SLC per square kilometre | +15.9% |
Benin compared with similar countries
- Benin's 31.12 million SLC per square kilometre is above the median for lower middle income countries, which is 2.34 million SLC per square kilometre, 13.3× the median. (44 countries reporting)
- Benin's 31.12 million SLC per square kilometre is above the median for Sub-Saharan Africa, which is 2.34 million SLC per square kilometre, 13.3× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.78 million SLC per square kilometre | 2.16 million SLC per square kilometre | 3.4 million SLC per square kilometre | 10 |
| 1980s | 2.8 million SLC per square kilometre | 1.65 million SLC per square kilometre | 5.26 million SLC per square kilometre | 10 |
| 1990s | 3.28 million SLC per square kilometre | 2.37 million SLC per square kilometre | 4.36 million SLC per square kilometre | 10 |
| 2000s | 5.15 million SLC per square kilometre | 4.34 million SLC per square kilometre | 6.23 million SLC per square kilometre | 10 |
| 2010s | 12.07 million SLC per square kilometre | 6.85 million SLC per square kilometre | 19.75 million SLC per square kilometre | 10 |
| 2020s | 25.47 million SLC per square kilometre | 20.16 million SLC per square kilometre | 31.12 million SLC per square kilometre | 4 |
Countries ranked near Benin
- 27 Cote d'Ivoire 37.56 million SLC per square kilometre compare
- 28 Comoros 36.14 million SLC per square kilometre compare
- 29 Jamaica 32.71 million SLC per square kilometre compare
- 31 Senegal 30.45 million SLC per square kilometre compare
- 32 Qatar 29.46 million SLC per square kilometre compare
- 33 Sint Maarten (Dutch part) 26.27 million SLC per square kilometre 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 31.12 million SLC per square kilometre in 2023, 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 31.12 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Benin?
- The lowest recorded value was 1.65 million SLC per square kilometre in 1985.
- How does Benin rank for gross fixed capital formation — value standard local currency, 2015?
- Benin ranks 30th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Benin?
- Over the last ten years it is up 199.4%. 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 square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.