Gross Fixed Capital Formation — Value Standard Local Currency, annual in Benin
Benin: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 10.88 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Benin, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation — value standard local currency, annual in Benin stood at 10.88 % change on previous year.
Compared with earlier readings it is down 50.4% on the previous year and up 0.2% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, annual in Benin peaked at 151.96 % change on previous year in 1994 and was at its lowest, -38.41 % change on previous year, in 1983.
That places Benin 46th out of 230 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, annual in Benin, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 0.5467 % change on previous year | — |
| 1972 | 44.46 % change on previous year | +8032.8% |
| 1973 | -5.15 % change on previous year | -111.6% |
| 1974 | 43.31 % change on previous year | -941.6% |
| 1975 | 13.01 % change on previous year | -70.0% |
| 1976 | -3.82 % change on previous year | -129.4% |
| 1977 | 4.21 % change on previous year | -210.2% |
| 1978 | 1.38 % change on previous year | -67.2% |
| 1979 | 67.05 % change on previous year | +4756.8% |
| 1980 | 24.25 % change on previous year | -63.8% |
| 1981 | 8.49 % change on previous year | -65.0% |
| 1982 | 63.28 % change on previous year | +645.1% |
| 1983 | -38.41 % change on previous year | -160.7% |
| 1984 | -17.38 % change on previous year | -54.8% |
| 1985 | 9.81 % change on previous year | -156.4% |
| 1986 | 8.87 % change on previous year | -9.5% |
| 1987 | -2.4 % change on previous year | -127.1% |
| 1988 | 6.31 % change on previous year | -362.7% |
| 1989 | -16.08 % change on previous year | -354.6% |
| 1990 | 12.9 % change on previous year | -180.2% |
| 1991 | 7.8 % change on previous year | -39.6% |
| 1992 | 9.85 % change on previous year | +26.3% |
| 1993 | 12.11 % change on previous year | +23.0% |
| 1994 | 151.96 % change on previous year | +1154.3% |
| 1995 | 31.99 % change on previous year | -78.9% |
| 1996 | 4.53 % change on previous year | -85.9% |
| 1997 | 16.99 % change on previous year | +275.4% |
| 1998 | 10.82 % change on previous year | -36.3% |
| 1999 | 10.8 % change on previous year | -0.2% |
| 2000 | 3.11 % change on previous year | -71.2% |
| 2001 | 9.34 % change on previous year | +200.4% |
| 2002 | -3.86 % change on previous year | -141.3% |
| 2003 | 10.59 % change on previous year | -374.1% |
| 2004 | -3.5 % change on previous year | -133.1% |
| 2005 | -0.8149 % change on previous year | -76.7% |
| 2006 | -0.0852 % change on previous year | -89.5% |
| 2007 | 28.16 % change on previous year | -33131.5% |
| 2008 | 3.71 % change on previous year | -86.8% |
| 2009 | 9.69 % change on previous year | +161.2% |
| 2010 | 9.76 % change on previous year | +0.7% |
| 2011 | 10.29 % change on previous year | +5.5% |
| 2012 | 0.3563 % change on previous year | -96.5% |
| 2013 | 38.9 % change on previous year | +10820.0% |
| 2014 | 10.86 % change on previous year | -72.1% |
| 2015 | -2.77 % change on previous year | -125.5% |
| 2016 | 0.121 % change on previous year | -104.4% |
| 2017 | 25.12 % change on previous year | +20656.2% |
| 2018 | 18.7 % change on previous year | -25.6% |
| 2019 | 3.45 % change on previous year | -81.5% |
| 2020 | 6.98 % change on previous year | +102.2% |
| 2021 | 22.89 % change on previous year | +228.0% |
| 2022 | 40.54 % change on previous year | +77.1% |
| 2023 | 21.94 % change on previous year | -45.9% |
| 2024 | 10.88 % change on previous year | -50.4% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual in Benin changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +33131.5% | -0.0852 % change on previous year | 28.16 % change on previous year |
| 2017 | +20656.2% | 0.121 % change on previous year | 25.12 % change on previous year |
| 2013 | +10820.0% | 0.3563 % change on previous year | 38.9 % change on previous year |
| 1972 | +8032.8% | 0.5467 % change on previous year | 44.46 % change on previous year |
| 1979 | +4756.8% | 1.38 % change on previous year | 67.05 % change on previous year |
| 1994 | +1154.3% | 12.11 % change on previous year | 151.96 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.33 % change on previous year | -5.15 % change on previous year | 67.05 % change on previous year | 9 |
| 1980s | 4.67 % change on previous year | -38.41 % change on previous year | 63.28 % change on previous year | 10 |
| 1990s | 26.97 % change on previous year | 4.53 % change on previous year | 151.96 % change on previous year | 10 |
| 2000s | 5.63 % change on previous year | -3.86 % change on previous year | 28.16 % change on previous year | 10 |
| 2010s | 11.48 % change on previous year | -2.77 % change on previous year | 38.9 % change on previous year | 10 |
| 2020s | 20.65 % change on previous year | 6.98 % change on previous year | 40.54 % change on previous year | 5 |
Countries ranked near Benin
- 43 Djibouti 11.87 % change on previous year compare
- 44 Brazil 11.39 % change on previous year compare
- 45 Armenia 11.34 % change on previous year compare
- 47 Botswana 10.81 % change on previous year compare
- 48 Puerto Rico 10.51 % change on previous year compare
- 49 Bangladesh 10.49 % change on previous year 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, annual in Benin?
- Gross fixed capital formation — value standard local currency, annual in Benin was 10.88 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, annual recorded in Benin?
- The highest recorded value was 151.96 % change on previous year in 1994.
- What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Benin?
- The lowest recorded value was -38.41 % change on previous year in 1983.
- How does Benin rank for gross fixed capital formation — value standard local currency, annual?
- Benin ranks 46th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, annual rising or falling in Benin?
- Over the last ten years it is up 0.2%. 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, annual growth rate. 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
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.