Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Benin
Benin: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.0526 million USD per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.0526 million USD per square kilometre
Change on year
up 15.9%
World rank
125th
of 194 countries
All-time high
0.0526 million USD per square kilometre
in 2023
All-time low
0.0028 million USD per square kilometre
in 1985
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Benin, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
In 2023, gross fixed capital formation — value us$, 2015 prices, per square in Benin stood at 0.0526 million USD per square kilometre. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 15.9% on the previous year and up 199.4% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in Benin peaked at 0.0526 million USD per square kilometre in 2023 and was at its lowest, 0.0028 million USD per square kilometre, in 1985.
Benin ranks 125th of 194 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Benin, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0041 million USD per square kilometre | — |
| 1971 | 0.0042 million USD per square kilometre | +3.2% |
| 1972 | 0.0056 million USD per square kilometre | +33.6% |
| 1973 | 0.005 million USD per square kilometre | -11.1% |
| 1974 | 0.0054 million USD per square kilometre | +7.4% |
| 1975 | 0.0052 million USD per square kilometre | -2.5% |
| 1976 | 0.0042 million USD per square kilometre | -20.4% |
| 1977 | 0.004 million USD per square kilometre | -2.6% |
| 1978 | 0.0037 million USD per square kilometre | -9.5% |
| 1979 | 0.0057 million USD per square kilometre | +57.1% |
| 1980 | 0.0062 million USD per square kilometre | +7.1% |
| 1981 | 0.0058 million USD per square kilometre | -5.8% |
| 1982 | 0.0089 million USD per square kilometre | +53.4% |
| 1983 | 0.0051 million USD per square kilometre | -42.9% |
| 1984 | 0.004 million USD per square kilometre | -21.5% |
| 1985 | 0.0028 million USD per square kilometre | -30.1% |
| 1986 | 0.0037 million USD per square kilometre | +33.1% |
| 1987 | 0.0042 million USD per square kilometre | +12.8% |
| 1988 | 0.0034 million USD per square kilometre | -17.7% |
| 1989 | 0.0033 million USD per square kilometre | -2.8% |
| 1990 | 0.004 million USD per square kilometre | +19.9% |
| 1991 | 0.0044 million USD per square kilometre | +9.8% |
| 1992 | 0.0047 million USD per square kilometre | +6.5% |
| 1993 | 0.0051 million USD per square kilometre | +8.3% |
| 1994 | 0.005 million USD per square kilometre | -2.0% |
| 1995 | 0.0058 million USD per square kilometre | +15.4% |
| 1996 | 0.0059 million USD per square kilometre | +2.3% |
| 1997 | 0.0065 million USD per square kilometre | +9.7% |
| 1998 | 0.0068 million USD per square kilometre | +5.3% |
| 1999 | 0.0074 million USD per square kilometre | +8.5% |
| 2000 | 0.0073 million USD per square kilometre | -0.4% |
| 2001 | 0.0085 million USD per square kilometre | +16.4% |
| 2002 | 0.0081 million USD per square kilometre | -4.9% |
| 2003 | 0.0088 million USD per square kilometre | +8.1% |
| 2004 | 0.0086 million USD per square kilometre | -2.0% |
| 2005 | 0.0079 million USD per square kilometre | -8.4% |
| 2006 | 0.0078 million USD per square kilometre | -1.7% |
| 2007 | 0.0097 million USD per square kilometre | +24.8% |
| 2008 | 0.0098 million USD per square kilometre | +1.0% |
| 2009 | 0.0105 million USD per square kilometre | +7.8% |
| 2010 | 0.0116 million USD per square kilometre | +9.9% |
| 2011 | 0.0121 million USD per square kilometre | +4.1% |
| 2012 | 0.012 million USD per square kilometre | -0.4% |
| 2013 | 0.0176 million USD per square kilometre | +46.3% |
| 2014 | 0.0197 million USD per square kilometre | +12.2% |
| 2015 | 0.0207 million USD per square kilometre | +5.0% |
| 2016 | 0.0208 million USD per square kilometre | +0.3% |
| 2017 | 0.026 million USD per square kilometre | +25.3% |
| 2018 | 0.0303 million USD per square kilometre | +16.2% |
| 2019 | 0.0334 million USD per square kilometre | +10.4% |
| 2020 | 0.0341 million USD per square kilometre | +2.1% |
| 2021 | 0.0402 million USD per square kilometre | +17.8% |
| 2022 | 0.0454 million USD per square kilometre | +13.0% |
| 2023 | 0.0526 million USD per square kilometre | +15.9% |
Benin compared with similar countries
- Benin's 0.0526 million USD per square kilometre is above the median for lower middle income countries, which is 0.0398 million USD per square kilometre, 1.3× the median. (44 countries reporting)
- Benin's 0.0526 million USD per square kilometre is above the median for Sub-Saharan Africa, which is 0.0172 million USD per square kilometre, 3.1× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0047 million USD per square kilometre | 0.0037 million USD per square kilometre | 0.0057 million USD per square kilometre | 10 |
| 1980s | 0.0047 million USD per square kilometre | 0.0028 million USD per square kilometre | 0.0089 million USD per square kilometre | 10 |
| 1990s | 0.0055 million USD per square kilometre | 0.004 million USD per square kilometre | 0.0074 million USD per square kilometre | 10 |
| 2000s | 0.0087 million USD per square kilometre | 0.0073 million USD per square kilometre | 0.0105 million USD per square kilometre | 10 |
| 2010s | 0.0204 million USD per square kilometre | 0.0116 million USD per square kilometre | 0.0334 million USD per square kilometre | 10 |
| 2020s | 0.0431 million USD per square kilometre | 0.0341 million USD per square kilometre | 0.0526 million USD per square kilometre | 4 |
Countries ranked near Benin
- 122 Iceland 0.0535 million USD per square kilometre compare
- 123 Pakistan 0.0529 million USD per square kilometre compare
- 124 Uganda 0.0527 million USD per square kilometre compare
- 126 Senegal 0.0515 million USD per square kilometre compare
- 127 Australia 0.0497 million USD per square kilometre compare
- 128 Fiji 0.0497 million USD 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$) 12.54 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Benin?
- Gross fixed capital formation — value us$, 2015 prices, per square in Benin was 0.0526 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Benin?
- The highest recorded value was 0.0526 million USD per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Benin?
- The lowest recorded value was 0.0028 million USD per square kilometre in 1985.
- How does Benin rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Benin ranks 125th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Benin?
- Over the last ten years it is up 199.4%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 2015 prices, 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 US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 2015 prices 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.