Gross Fixed Capital Formation — Value US$, per square kilometre in Benin
Benin: Gross Fixed Capital Formation — Value US$, per square kilometre was 0.0699 million USD per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.0699 million USD per square kilometre
Change on year
up 25.2%
World rank
119th
of 194 countries
All-time high
0.0699 million USD per square kilometre
in 2023
All-time low
0.0004 million USD per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, per square kilometre in Benin, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value us$, per square kilometre in Benin is 0.0699 million USD per square kilometre, measured in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 25.2% on the previous year and up 204.1% over ten years.
Over the whole period, gross fixed capital formation — value us$, per square kilometre in Benin peaked at 0.0699 million USD per square kilometre in 2023 and was at its lowest, 0.0004 million USD per square kilometre, in 1970.
That places Benin 119th out of 194 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, per square kilometre in Benin, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0004 million USD per square kilometre | — |
| 1971 | 0.0004 million USD per square kilometre | +0.9% |
| 1972 | 0.0007 million USD per square kilometre | +57.8% |
| 1973 | 0.0008 million USD per square kilometre | +7.3% |
| 1974 | 0.001 million USD per square kilometre | +32.7% |
| 1975 | 0.0013 million USD per square kilometre | +26.9% |
| 1976 | 0.0011 million USD per square kilometre | -13.7% |
| 1977 | 0.0011 million USD per square kilometre | +1.4% |
| 1978 | 0.0012 million USD per square kilometre | +10.4% |
| 1979 | 0.0022 million USD per square kilometre | +77.2% |
| 1980 | 0.0027 million USD per square kilometre | +25.1% |
| 1981 | 0.0023 million USD per square kilometre | -15.6% |
| 1982 | 0.0031 million USD per square kilometre | +35.0% |
| 1983 | 0.0016 million USD per square kilometre | -46.9% |
| 1984 | 0.0012 million USD per square kilometre | -27.9% |
| 1985 | 0.0013 million USD per square kilometre | +6.8% |
| 1986 | 0.0018 million USD per square kilometre | +41.2% |
| 1987 | 0.002 million USD per square kilometre | +12.5% |
| 1988 | 0.0022 million USD per square kilometre | +7.3% |
| 1989 | 0.0017 million USD per square kilometre | -21.6% |
| 1990 | 0.0022 million USD per square kilometre | +32.3% |
| 1991 | 0.0023 million USD per square kilometre | +4.0% |
| 1992 | 0.0027 million USD per square kilometre | +17.1% |
| 1993 | 0.0028 million USD per square kilometre | +4.8% |
| 1994 | 0.0037 million USD per square kilometre | +28.5% |
| 1995 | 0.0054 million USD per square kilometre | +46.8% |
| 1996 | 0.0055 million USD per square kilometre | +2.0% |
| 1997 | 0.0056 million USD per square kilometre | +2.5% |
| 1998 | 0.0062 million USD per square kilometre | +9.6% |
| 1999 | 0.0065 million USD per square kilometre | +6.2% |
| 2000 | 0.0058 million USD per square kilometre | -10.6% |
| 2001 | 0.0062 million USD per square kilometre | +6.0% |
| 2002 | 0.0063 million USD per square kilometre | +1.5% |
| 2003 | 0.0083 million USD per square kilometre | +32.3% |
| 2004 | 0.0088 million USD per square kilometre | +6.1% |
| 2005 | 0.0088 million USD per square kilometre | -0.8% |
| 2006 | 0.0088 million USD per square kilometre | +0.8% |
| 2007 | 0.0124 million USD per square kilometre | +39.9% |
| 2008 | 0.0138 million USD per square kilometre | +11.3% |
| 2009 | 0.0143 million USD per square kilometre | +4.0% |
| 2010 | 0.0149 million USD per square kilometre | +4.3% |
| 2011 | 0.0173 million USD per square kilometre | +15.8% |
| 2012 | 0.016 million USD per square kilometre | -7.4% |
| 2013 | 0.023 million USD per square kilometre | +43.6% |
| 2014 | 0.0255 million USD per square kilometre | +10.9% |
| 2015 | 0.0207 million USD per square kilometre | -18.8% |
| 2016 | 0.0207 million USD per square kilometre | -0.1% |
| 2017 | 0.0264 million USD per square kilometre | +27.7% |
| 2018 | 0.0328 million USD per square kilometre | +24.1% |
| 2019 | 0.0321 million USD per square kilometre | -1.9% |
| 2020 | 0.0351 million USD per square kilometre | +9.2% |
| 2021 | 0.0446 million USD per square kilometre | +27.3% |
| 2022 | 0.0558 million USD per square kilometre | +25.1% |
| 2023 | 0.0699 million USD per square kilometre | +25.2% |
Benin compared with similar countries
- Benin's 0.0699 million USD per square kilometre is above the median for lower middle income countries, which is 0.0393 million USD per square kilometre, 1.8× the median. (44 countries reporting)
- Benin's 0.0699 million USD per square kilometre is above the median for Sub-Saharan Africa, which is 0.0176 million USD per square kilometre, 4.0× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.001 million USD per square kilometre | 0.0004 million USD per square kilometre | 0.0022 million USD per square kilometre | 10 |
| 1980s | 0.002 million USD per square kilometre | 0.0012 million USD per square kilometre | 0.0031 million USD per square kilometre | 10 |
| 1990s | 0.0043 million USD per square kilometre | 0.0022 million USD per square kilometre | 0.0065 million USD per square kilometre | 10 |
| 2000s | 0.0094 million USD per square kilometre | 0.0058 million USD per square kilometre | 0.0143 million USD per square kilometre | 10 |
| 2010s | 0.0229 million USD per square kilometre | 0.0149 million USD per square kilometre | 0.0328 million USD per square kilometre | 10 |
| 2020s | 0.0514 million USD per square kilometre | 0.0351 million USD per square kilometre | 0.0699 million USD per square kilometre | 4 |
Countries ranked near Benin
- 116 Honduras 0.0744 million USD per square kilometre compare
- 117 Uzbekistan 0.0718 million USD per square kilometre compare
- 118 Nepal 0.0708 million USD per square kilometre compare
- 120 Gambia 0.0647 million USD per square kilometre compare
- 121 Turkmenistan 0.0632 million USD per square kilometre compare
- 122 Cote d'Ivoire 0.0631 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$) 12.54 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, per square kilometre in Benin?
- Gross fixed capital formation — value us$, per square kilometre in Benin was 0.0699 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, per square kilometre recorded in Benin?
- The highest recorded value was 0.0699 million USD per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value us$, per square kilometre recorded in Benin?
- The lowest recorded value was 0.0004 million USD per square kilometre in 1970.
- How does Benin rank for gross fixed capital formation — value us$, per square kilometre?
- Benin ranks 119th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, per square kilometre rising or falling in Benin?
- Over the last ten years it is up 204.1%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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$ 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$ ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$ 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$ 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.