Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Benin
Benin: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 3.88 million million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Benin, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, 2015 in Benin is 3.88 million million SLC, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 10.6% on the previous year and up 195.2% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Benin peaked at 3.88 million million SLC in 2024 and was at its lowest, 185,863 million SLC, in 1985.
Benin ranks 32nd of 194 countries on this measure, 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 | Change |
|---|---|---|
| 1970 | 270,828 million SLC | — |
| 1971 | 279,561 million SLC | +3.2% |
| 1972 | 373,560 million SLC | +33.6% |
| 1973 | 332,277 million SLC | -11.1% |
| 1974 | 356,968 million SLC | +7.4% |
| 1975 | 347,890 million SLC | -2.5% |
| 1976 | 276,862 million SLC | -20.4% |
| 1977 | 269,532 million SLC | -2.6% |
| 1978 | 243,814 million SLC | -9.5% |
| 1979 | 383,147 million SLC | +57.1% |
| 1980 | 410,441 million SLC | +7.1% |
| 1981 | 386,584 million SLC | -5.8% |
| 1982 | 592,862 million SLC | +53.4% |
| 1983 | 338,713 million SLC | -42.9% |
| 1984 | 265,906 million SLC | -21.5% |
| 1985 | 185,863 million SLC | -30.1% |
| 1986 | 247,365 million SLC | +33.1% |
| 1987 | 279,020 million SLC | +12.8% |
| 1988 | 229,728 million SLC | -17.7% |
| 1989 | 223,192 million SLC | -2.8% |
| 1990 | 267,647 million SLC | +19.9% |
| 1991 | 293,998 million SLC | +9.8% |
| 1992 | 313,167 million SLC | +6.5% |
| 1993 | 339,166 million SLC | +8.3% |
| 1994 | 332,319 million SLC | -2.0% |
| 1995 | 383,565 million SLC | +15.4% |
| 1996 | 392,412 million SLC | +2.3% |
| 1997 | 430,422 million SLC | +9.7% |
| 1998 | 453,155 million SLC | +5.3% |
| 1999 | 491,546 million SLC | +8.5% |
| 2000 | 489,371 million SLC | -0.4% |
| 2001 | 569,412 million SLC | +16.4% |
| 2002 | 541,758 million SLC | -4.9% |
| 2003 | 585,723 million SLC | +8.1% |
| 2004 | 574,279 million SLC | -2.0% |
| 2005 | 526,102 million SLC | -8.4% |
| 2006 | 517,314 million SLC | -1.7% |
| 2007 | 645,616 million SLC | +24.8% |
| 2008 | 652,148 million SLC | +1.0% |
| 2009 | 703,016 million SLC | +7.8% |
| 2010 | 772,959 million SLC | +9.9% |
| 2011 | 804,426 million SLC | +4.1% |
| 2012 | 800,904 million SLC | -0.4% |
| 2013 | 1.17 million million SLC | +46.3% |
| 2014 | 1.31 million million SLC | +12.2% |
| 2015 | 1.38 million million SLC | +5.0% |
| 2016 | 1.38 million million SLC | +0.3% |
| 2017 | 1.74 million million SLC | +25.3% |
| 2018 | 2.02 million million SLC | +16.2% |
| 2019 | 2.23 million million SLC | +10.4% |
| 2020 | 2.27 million million SLC | +2.1% |
| 2021 | 2.68 million million SLC | +17.8% |
| 2022 | 3.03 million million SLC | +13.0% |
| 2023 | 3.51 million million SLC | +15.9% |
| 2024 | 3.88 million million SLC | +10.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 313,444 million SLC | 243,814 million SLC | 383,147 million SLC | 10 |
| 1980s | 315,967 million SLC | 185,863 million SLC | 592,862 million SLC | 10 |
| 1990s | 369,740 million SLC | 267,647 million SLC | 491,546 million SLC | 10 |
| 2000s | 580,474 million SLC | 489,371 million SLC | 703,016 million SLC | 10 |
| 2010s | 1.36 million million SLC | 772,959 million SLC | 2.23 million million SLC | 10 |
| 2020s | 3.07 million million SLC | 2.27 million million SLC | 3.88 million million SLC | 5 |
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)
- 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)
- GNI, Atlas method (current US$), per capita 1,600 current US$ per person (2025)
- GNI (current US$), annual growth rate 14.16 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9886 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 1,639 current US$ per person (2025)
- GNI (current LCU), annual growth rate 9.57 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 575.29 current LCU per US$ of GDP (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 3.88 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Benin?
- The highest recorded value was 3.88 million million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Benin?
- The lowest recorded value was 185,863 million SLC in 1985.
- How does Benin rank for gross fixed capital formation — value standard local currency, 2015?
- Benin ranks 32nd 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 195.2%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).