Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Benin
Benin: Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) was 6,564 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Benin, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Benin recorded 6,564 million USD for gross fixed capital formation — value us$, 2015 prices in 2024. That is the highest value across all 55 years on record.
That represents a change of up 10.6% on the previous year and up 195.2% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Benin peaked at 6,564 million USD in 2024 and was at its lowest, 314.38 million USD, in 1985.
That places Benin 118th out of 235 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Benin, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 458.09 million USD | — |
| 1971 | 472.86 million USD | +3.2% |
| 1972 | 631.86 million USD | +33.6% |
| 1973 | 562.03 million USD | -11.1% |
| 1974 | 603.79 million USD | +7.4% |
| 1975 | 588.44 million USD | -2.5% |
| 1976 | 468.3 million USD | -20.4% |
| 1977 | 455.9 million USD | -2.6% |
| 1978 | 412.4 million USD | -9.5% |
| 1979 | 648.07 million USD | +57.1% |
| 1980 | 694.24 million USD | +7.1% |
| 1981 | 653.88 million USD | -5.8% |
| 1982 | 1,003 million USD | +53.4% |
| 1983 | 572.91 million USD | -42.9% |
| 1984 | 449.76 million USD | -21.5% |
| 1985 | 314.38 million USD | -30.1% |
| 1986 | 418.4 million USD | +33.1% |
| 1987 | 471.95 million USD | +12.8% |
| 1988 | 388.57 million USD | -17.7% |
| 1989 | 377.51 million USD | -2.8% |
| 1990 | 452.71 million USD | +19.9% |
| 1991 | 497.28 million USD | +9.8% |
| 1992 | 529.7 million USD | +6.5% |
| 1993 | 573.68 million USD | +8.3% |
| 1994 | 562.1 million USD | -2.0% |
| 1995 | 648.78 million USD | +15.4% |
| 1996 | 663.74 million USD | +2.3% |
| 1997 | 728.03 million USD | +9.7% |
| 1998 | 766.49 million USD | +5.3% |
| 1999 | 831.42 million USD | +8.5% |
| 2000 | 827.74 million USD | -0.4% |
| 2001 | 963.13 million USD | +16.4% |
| 2002 | 916.35 million USD | -4.9% |
| 2003 | 990.72 million USD | +8.1% |
| 2004 | 971.36 million USD | -2.0% |
| 2005 | 889.87 million USD | -8.4% |
| 2006 | 875.01 million USD | -1.7% |
| 2007 | 1,092 million USD | +24.8% |
| 2008 | 1,103 million USD | +1.0% |
| 2009 | 1,189 million USD | +7.8% |
| 2010 | 1,307 million USD | +9.9% |
| 2011 | 1,361 million USD | +4.1% |
| 2012 | 1,355 million USD | -0.4% |
| 2013 | 1,982 million USD | +46.3% |
| 2014 | 2,224 million USD | +12.2% |
| 2015 | 2,334 million USD | +5.0% |
| 2016 | 2,342 million USD | +0.3% |
| 2017 | 2,935 million USD | +25.3% |
| 2018 | 3,411 million USD | +16.2% |
| 2019 | 3,766 million USD | +10.4% |
| 2020 | 3,846 million USD | +2.1% |
| 2021 | 4,531 million USD | +17.8% |
| 2022 | 5,119 million USD | +13.0% |
| 2023 | 5,935 million USD | +15.9% |
| 2024 | 6,564 million USD | +10.6% |
Benin compared with similar countries
- Benin's 6,564 million USD is above the median for lower middle income countries, which is 5,259 million USD, 1.2× the median. (44 countries reporting)
- Benin's 6,564 million USD is above the median for Sub-Saharan Africa, which is 3,315 million USD, 2.0× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 530.17 million USD | 412.4 million USD | 648.07 million USD | 10 |
| 1980s | 534.44 million USD | 314.38 million USD | 1,003 million USD | 10 |
| 1990s | 625.39 million USD | 452.71 million USD | 831.42 million USD | 10 |
| 2000s | 981.84 million USD | 827.74 million USD | 1,189 million USD | 10 |
| 2010s | 2,302 million USD | 1,307 million USD | 3,766 million USD | 10 |
| 2020s | 5,199 million USD | 3,846 million USD | 6,564 million USD | 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)
- SDRs holdings, US dollar, annual growth rate -3.83 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0103 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 17.01 units per person (2025)
- SDRs holdings, SDR, annual growth rate -8.42 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0075 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 12.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -0.7436 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0229 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Benin?
- Gross fixed capital formation — value us$, 2015 prices in Benin was 6,564 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Benin?
- The highest recorded value was 6,564 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Benin?
- The lowest recorded value was 314.38 million USD in 1985.
- How does Benin rank for gross fixed capital formation — value us$, 2015 prices?
- Benin ranks 118th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Benin?
- Over the last ten years it is up 195.2%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).