Gross Fixed Capital Formation — Value Standard Local Currency, per in Benin
Benin: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.3667 million SLC per person in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Benin, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
Benin recorded 0.3667 million SLC per person for gross fixed capital formation — value standard local currency, per in 2024. That is the highest value across all 55 years on record.
The figure is up 8.2% on the previous year and up 185.0% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Benin peaked at 0.3667 million SLC per person in 2024 and was at its lowest, 0.0044 million SLC per person, in 1971.
Benin ranks 35th 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, per in Benin, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0045 million SLC per person | — |
| 1971 | 0.0044 million SLC per person | -1.7% |
| 1972 | 0.0062 million SLC per person | +41.2% |
| 1973 | 0.0058 million SLC per person | -7.3% |
| 1974 | 0.0081 million SLC per person | +39.9% |
| 1975 | 0.0089 million SLC per person | +10.3% |
| 1976 | 0.0083 million SLC per person | -6.2% |
| 1977 | 0.0085 million SLC per person | +1.6% |
| 1978 | 0.0084 million SLC per person | -1.2% |
| 1979 | 0.0136 million SLC per person | +62.7% |
| 1980 | 0.0165 million SLC per person | +20.9% |
| 1981 | 0.0174 million SLC per person | +5.5% |
| 1982 | 0.0276 million SLC per person | +58.6% |
| 1983 | 0.0165 million SLC per person | -40.2% |
| 1984 | 0.0132 million SLC per person | -19.8% |
| 1985 | 0.0141 million SLC per person | +6.6% |
| 1986 | 0.0149 million SLC per person | +5.7% |
| 1987 | 0.0141 million SLC per person | -5.3% |
| 1988 | 0.0146 million SLC per person | +3.1% |
| 1989 | 0.0118 million SLC per person | -18.6% |
| 1990 | 0.013 million SLC per person | +9.5% |
| 1991 | 0.0136 million SLC per person | +4.5% |
| 1992 | 0.0144 million SLC per person | +6.5% |
| 1993 | 0.0155 million SLC per person | +7.2% |
| 1994 | 0.0376 million SLC per person | +142.7% |
| 1995 | 0.0486 million SLC per person | +29.2% |
| 1996 | 0.0494 million SLC per person | +1.8% |
| 1997 | 0.0562 million SLC per person | +13.6% |
| 1998 | 0.0604 million SLC per person | +7.5% |
| 1999 | 0.0648 million SLC per person | +7.4% |
| 2000 | 0.0648 million SLC per person | -0.0% |
| 2001 | 0.0687 million SLC per person | +6.1% |
| 2002 | 0.0641 million SLC per person | -6.7% |
| 2003 | 0.0688 million SLC per person | +7.3% |
| 2004 | 0.0644 million SLC per person | -6.4% |
| 2005 | 0.0618 million SLC per person | -4.0% |
| 2006 | 0.0599 million SLC per person | -3.2% |
| 2007 | 0.0745 million SLC per person | +24.4% |
| 2008 | 0.075 million SLC per person | +0.6% |
| 2009 | 0.0798 million SLC per person | +6.4% |
| 2010 | 0.085 million SLC per person | +6.5% |
| 2011 | 0.091 million SLC per person | +7.1% |
| 2012 | 0.0886 million SLC per person | -2.6% |
| 2013 | 0.1196 million SLC per person | +34.9% |
| 2014 | 0.1287 million SLC per person | +7.6% |
| 2015 | 0.1215 million SLC per person | -5.6% |
| 2016 | 0.1181 million SLC per person | -2.8% |
| 2017 | 0.1436 million SLC per person | +21.6% |
| 2018 | 0.1657 million SLC per person | +15.4% |
| 2019 | 0.1668 million SLC per person | +0.7% |
| 2020 | 0.1737 million SLC per person | +4.2% |
| 2021 | 0.208 million SLC per person | +19.7% |
| 2022 | 0.285 million SLC per person | +37.0% |
| 2023 | 0.3389 million SLC per person | +18.9% |
| 2024 | 0.3667 million SLC per person | +8.2% |
Benin compared with similar countries
- Benin's 0.3667 million SLC per person is above the median for lower middle income countries, which is 0.0501 million SLC per person, 7.3× the median. (44 countries reporting)
- Benin's 0.3667 million SLC per person is above the median for Sub-Saharan Africa, which is 0.0989 million SLC per person, 3.7× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, per 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 |
|---|---|---|---|
| 1994 | +142.7% | 0.0155 million SLC per person | 0.0376 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0077 million SLC per person | 0.0044 million SLC per person | 0.0136 million SLC per person | 10 |
| 1980s | 0.0161 million SLC per person | 0.0118 million SLC per person | 0.0276 million SLC per person | 10 |
| 1990s | 0.0373 million SLC per person | 0.013 million SLC per person | 0.0648 million SLC per person | 10 |
| 2000s | 0.0682 million SLC per person | 0.0599 million SLC per person | 0.0798 million SLC per person | 10 |
| 2010s | 0.1229 million SLC per person | 0.085 million SLC per person | 0.1668 million SLC per person | 10 |
| 2020s | 0.2745 million SLC per person | 0.1737 million SLC per person | 0.3667 million SLC per person | 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)
- 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, per in Benin?
- Gross fixed capital formation — value standard local currency, per in Benin was 0.3667 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Benin?
- The highest recorded value was 0.3667 million SLC per person in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Benin?
- The lowest recorded value was 0.0044 million SLC per person in 1971.
- How does Benin rank for gross fixed capital formation — value standard local currency, per?
- Benin ranks 35th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Benin?
- Over the last ten years it is up 185.0%. 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, 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 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 ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.