Gross Fixed Capital Formation — Value Standard Local Currency, per in Benin
Benin: Gross Fixed Capital Formation — Value Standard Local Currency, per was 42.41 million SLC per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Benin, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
Benin recorded 42.41 million SLC per square kilometre for gross fixed capital formation — value standard local currency, per in 2023. That is the highest value across all 54 years on record.
That represents a change of up 21.9% on the previous year and up 273.6% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Benin peaked at 42.41 million SLC per square kilometre in 2023 and was at its lowest, 0.1218 million SLC per square kilometre, in 1970.
That places Benin 32nd 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, per in Benin, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.1218 million SLC per square kilometre | — |
| 1971 | 0.1225 million SLC per square kilometre | +0.5% |
| 1972 | 0.177 million SLC per square kilometre | +44.5% |
| 1973 | 0.1678 million SLC per square kilometre | -5.1% |
| 1974 | 0.2405 million SLC per square kilometre | +43.3% |
| 1975 | 0.2718 million SLC per square kilometre | +13.0% |
| 1976 | 0.2614 million SLC per square kilometre | -3.8% |
| 1977 | 0.2724 million SLC per square kilometre | +4.2% |
| 1978 | 0.2762 million SLC per square kilometre | +1.4% |
| 1979 | 0.4614 million SLC per square kilometre | +67.0% |
| 1980 | 0.5733 million SLC per square kilometre | +24.3% |
| 1981 | 0.622 million SLC per square kilometre | +8.5% |
| 1982 | 1.02 million SLC per square kilometre | +63.3% |
| 1983 | 0.6255 million SLC per square kilometre | -38.4% |
| 1984 | 0.5168 million SLC per square kilometre | -17.4% |
| 1985 | 0.5674 million SLC per square kilometre | +9.8% |
| 1986 | 0.6178 million SLC per square kilometre | +8.9% |
| 1987 | 0.6029 million SLC per square kilometre | -2.4% |
| 1988 | 0.641 million SLC per square kilometre | +6.3% |
| 1989 | 0.538 million SLC per square kilometre | -16.1% |
| 1990 | 0.6074 million SLC per square kilometre | +12.9% |
| 1991 | 0.6547 million SLC per square kilometre | +7.8% |
| 1992 | 0.7192 million SLC per square kilometre | +9.8% |
| 1993 | 0.8063 million SLC per square kilometre | +12.1% |
| 1994 | 2.03 million SLC per square kilometre | +152.0% |
| 1995 | 2.68 million SLC per square kilometre | +32.0% |
| 1996 | 2.8 million SLC per square kilometre | +4.5% |
| 1997 | 3.28 million SLC per square kilometre | +17.0% |
| 1998 | 3.63 million SLC per square kilometre | +10.8% |
| 1999 | 4.03 million SLC per square kilometre | +10.8% |
| 2000 | 4.15 million SLC per square kilometre | +3.1% |
| 2001 | 4.54 million SLC per square kilometre | +9.3% |
| 2002 | 4.36 million SLC per square kilometre | -3.9% |
| 2003 | 4.83 million SLC per square kilometre | +10.6% |
| 2004 | 4.66 million SLC per square kilometre | -3.5% |
| 2005 | 4.62 million SLC per square kilometre | -0.8% |
| 2006 | 4.62 million SLC per square kilometre | -0.1% |
| 2007 | 5.91 million SLC per square kilometre | +28.2% |
| 2008 | 6.13 million SLC per square kilometre | +3.7% |
| 2009 | 6.73 million SLC per square kilometre | +9.7% |
| 2010 | 7.38 million SLC per square kilometre | +9.8% |
| 2011 | 8.15 million SLC per square kilometre | +10.3% |
| 2012 | 8.17 million SLC per square kilometre | +0.4% |
| 2013 | 11.35 million SLC per square kilometre | +38.9% |
| 2014 | 12.59 million SLC per square kilometre | +10.9% |
| 2015 | 12.24 million SLC per square kilometre | -2.8% |
| 2016 | 12.25 million SLC per square kilometre | +0.1% |
| 2017 | 15.33 million SLC per square kilometre | +25.1% |
| 2018 | 18.2 million SLC per square kilometre | +18.7% |
| 2019 | 18.82 million SLC per square kilometre | +3.5% |
| 2020 | 20.14 million SLC per square kilometre | +7.0% |
| 2021 | 24.75 million SLC per square kilometre | +22.9% |
| 2022 | 34.78 million SLC per square kilometre | +40.5% |
| 2023 | 42.41 million SLC per square kilometre | +21.9% |
Benin compared with similar countries
- Benin's 42.41 million SLC per square kilometre is above the median for lower middle income countries, which is 4.03 million SLC per square kilometre, 10.5× the median. (44 countries reporting)
- Benin's 42.41 million SLC per square kilometre is above the median for Sub-Saharan Africa, which is 3.96 million SLC per square kilometre, 10.7× 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 | +152.0% | 0.8063 million SLC per square kilometre | 2.03 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2373 million SLC per square kilometre | 0.1218 million SLC per square kilometre | 0.4614 million SLC per square kilometre | 10 |
| 1980s | 0.632 million SLC per square kilometre | 0.5168 million SLC per square kilometre | 1.02 million SLC per square kilometre | 10 |
| 1990s | 2.12 million SLC per square kilometre | 0.6074 million SLC per square kilometre | 4.03 million SLC per square kilometre | 10 |
| 2000s | 5.05 million SLC per square kilometre | 4.15 million SLC per square kilometre | 6.73 million SLC per square kilometre | 10 |
| 2010s | 12.45 million SLC per square kilometre | 7.38 million SLC per square kilometre | 18.82 million SLC per square kilometre | 10 |
| 2020s | 30.52 million SLC per square kilometre | 20.14 million SLC per square kilometre | 42.41 million SLC per square kilometre | 4 |
Countries ranked near Benin
- 29 Burundi 47.7 million SLC per square kilometre compare
- 30 Dominican Republic 45.59 million SLC per square kilometre compare
- 31 Comoros 43.75 million SLC per square kilometre compare
- 33 French Polynesia 39.79 million SLC per square kilometre compare
- 34 Cote d'Ivoire 38.28 million SLC per square kilometre compare
- 35 Senegal 35.02 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, per in Benin?
- Gross fixed capital formation — value standard local currency, per in Benin was 42.41 million SLC per square kilometre in 2023, 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 42.41 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Benin?
- The lowest recorded value was 0.1218 million SLC per square kilometre in 1970.
- How does Benin rank for gross fixed capital formation — value standard local currency, per?
- Benin ranks 32nd out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Benin?
- Over the last ten years it is up 273.6%. 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 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 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 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.