Gross Fixed Capital Formation — Value Standard Local Currency, per in Benin
Benin: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.0002 million SLC per US$ of GDP in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Benin, 1970–2024
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
In 2024, gross fixed capital formation — value standard local currency, per in Benin stood at 0.0002 million SLC per US$ of GDP. That is the highest value across all 55 years on record.
That represents a change of up 1.5% on the previous year and up 131.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Benin peaked at 0.0002 million SLC per US$ of GDP in 2024 and was at its lowest, 0 million SLC per US$ of GDP, in 1978.
That places Benin 19th out of 193 countries with data for 2024, putting it in the top 10%.
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 US$ of GDP | Change |
|---|---|---|
| 1970 | 0 million SLC per US$ of GDP | — |
| 1971 | 0 million SLC per US$ of GDP | +0.1% |
| 1972 | 0 million SLC per US$ of GDP | +18.0% |
| 1973 | 0 million SLC per US$ of GDP | -22.8% |
| 1974 | 0 million SLC per US$ of GDP | +30.3% |
| 1975 | 0 million SLC per US$ of GDP | -7.4% |
| 1976 | 0 million SLC per US$ of GDP | -6.8% |
| 1977 | 0 million SLC per US$ of GDP | -3.0% |
| 1978 | 0 million SLC per US$ of GDP | -18.1% |
| 1979 | 0 million SLC per US$ of GDP | +30.8% |
| 1980 | 0 million SLC per US$ of GDP | +4.9% |
| 1981 | 0.0001 million SLC per US$ of GDP | +18.1% |
| 1982 | 0.0001 million SLC per US$ of GDP | +66.3% |
| 1983 | 0.0001 million SLC per US$ of GDP | -28.7% |
| 1984 | 0.0001 million SLC per US$ of GDP | -13.9% |
| 1985 | 0.0001 million SLC per US$ of GDP | +10.4% |
| 1986 | 0.0001 million SLC per US$ of GDP | -14.8% |
| 1987 | 0 million SLC per US$ of GDP | -16.5% |
| 1988 | 0 million SLC per US$ of GDP | +2.5% |
| 1989 | 0 million SLC per US$ of GDP | -9.5% |
| 1990 | 0 million SLC per US$ of GDP | -13.5% |
| 1991 | 0 million SLC per US$ of GDP | +6.4% |
| 1992 | 0 million SLC per US$ of GDP | +28.7% |
| 1993 | 0 million SLC per US$ of GDP | -16.4% |
| 1994 | 0.0001 million SLC per US$ of GDP | +258.6% |
| 1995 | 0.0001 million SLC per US$ of GDP | -2.8% |
| 1996 | 0.0001 million SLC per US$ of GDP | -4.0% |
| 1997 | 0.0002 million SLC per US$ of GDP | +21.8% |
| 1998 | 0.0002 million SLC per US$ of GDP | +2.4% |
| 1999 | 0.0001 million SLC per US$ of GDP | -26.0% |
| 2000 | 0.0001 million SLC per US$ of GDP | +7.7% |
| 2001 | 0.0001 million SLC per US$ of GDP | +5.0% |
| 2002 | 0.0001 million SLC per US$ of GDP | -16.0% |
| 2003 | 0.0001 million SLC per US$ of GDP | -13.3% |
| 2004 | 0.0001 million SLC per US$ of GDP | -16.6% |
| 2005 | 0.0001 million SLC per US$ of GDP | -6.5% |
| 2006 | 0.0001 million SLC per US$ of GDP | -6.7% |
| 2007 | 0.0001 million SLC per US$ of GDP | +10.4% |
| 2008 | 0.0001 million SLC per US$ of GDP | -13.4% |
| 2009 | 0.0001 million SLC per US$ of GDP | +10.2% |
| 2010 | 0.0001 million SLC per US$ of GDP | +12.1% |
| 2011 | 0.0001 million SLC per US$ of GDP | -1.6% |
| 2012 | 0.0001 million SLC per US$ of GDP | -3.7% |
| 2013 | 0.0001 million SLC per US$ of GDP | +23.6% |
| 2014 | 0.0001 million SLC per US$ of GDP | +4.5% |
| 2015 | 0.0001 million SLC per US$ of GDP | +13.4% |
| 2016 | 0.0001 million SLC per US$ of GDP | -3.5% |
| 2017 | 0.0001 million SLC per US$ of GDP | +16.4% |
| 2018 | 0.0001 million SLC per US$ of GDP | +5.7% |
| 2019 | 0.0001 million SLC per US$ of GDP | +2.5% |
| 2020 | 0.0001 million SLC per US$ of GDP | -1.9% |
| 2021 | 0.0002 million SLC per US$ of GDP | +9.0% |
| 2022 | 0.0002 million SLC per US$ of GDP | +42.7% |
| 2023 | 0.0002 million SLC per US$ of GDP | +8.0% |
| 2024 | 0.0002 million SLC per US$ of GDP | +1.5% |
Benin compared with similar countries
- Benin's 0.0002 million SLC per US$ of GDP is above the median for lower middle income countries, which is 0 million SLC per US$ of GDP, 9.3× the median. (44 countries reporting)
- Benin's 0.0002 million SLC per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.0001 million SLC per US$ of GDP, 4.1× 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 | +258.6% | 0 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 1980s | 0.0001 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 10 |
| 1990s | 0.0001 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP | 10 |
| 2000s | 0.0001 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 10 |
| 2010s | 0.0001 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 10 |
| 2020s | 0.0002 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP | 5 |
Countries ranked near Benin
- 16 Burundi 0.0004 million SLC per US$ of GDP compare
- 17 Rwanda 0.0004 million SLC per US$ of GDP compare
- 18 Nigeria 0.0004 million SLC per US$ of GDP compare
- 20 Chile 0.0002 million SLC per US$ of GDP compare
- 21 Senegal 0.0002 million SLC per US$ of GDP compare
- 22 Malawi 0.0002 million SLC per US$ of GDP 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$) 12.54 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, per in Benin?
- Gross fixed capital formation — value standard local currency, per in Benin was 0.0002 million SLC per US$ of GDP 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 0.0002 million SLC per US$ of GDP in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Benin?
- The lowest recorded value was 0 million SLC per US$ of GDP in 1978.
- How does Benin rank for gross fixed capital formation — value standard local currency, per?
- Benin ranks 19th out of 193 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 131.1%. 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 unit of GDP. 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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency ÷ GDP (current US$)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.