Gross Fixed Capital Formation — Value US$ (US Value) in Benin
Benin: Gross Fixed Capital Formation — Value US$ (US Value) was 8,746 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Benin, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross fixed capital formation — value us$ in Benin is 8,746 million USD, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 10.9% on the previous year and up 204.3% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Benin peaked at 8,746 million USD in 2024 and was at its lowest, 49.7 million USD, in 1970.
Benin ranks 112th of 235 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$ (US Value) in Benin, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 49.7 million USD | — |
| 1971 | 50.16 million USD | +0.9% |
| 1972 | 79.17 million USD | +57.8% |
| 1973 | 84.91 million USD | +7.3% |
| 1974 | 112.69 million USD | +32.7% |
| 1975 | 143.02 million USD | +26.9% |
| 1976 | 123.37 million USD | -13.7% |
| 1977 | 125.05 million USD | +1.4% |
| 1978 | 138.02 million USD | +10.4% |
| 1979 | 244.58 million USD | +77.2% |
| 1980 | 305.97 million USD | +25.1% |
| 1981 | 258.1 million USD | -15.6% |
| 1982 | 348.49 million USD | +35.0% |
| 1983 | 185.08 million USD | -46.9% |
| 1984 | 133.36 million USD | -27.9% |
| 1985 | 142.42 million USD | +6.8% |
| 1986 | 201.16 million USD | +41.2% |
| 1987 | 226.22 million USD | +12.5% |
| 1988 | 242.68 million USD | +7.3% |
| 1989 | 190.16 million USD | -21.6% |
| 1990 | 251.54 million USD | +32.3% |
| 1991 | 261.69 million USD | +4.0% |
| 1992 | 306.37 million USD | +17.1% |
| 1993 | 321.08 million USD | +4.8% |
| 1994 | 412.59 million USD | +28.5% |
| 1995 | 605.75 million USD | +46.8% |
| 1996 | 617.81 million USD | +2.0% |
| 1997 | 633.48 million USD | +2.5% |
| 1998 | 694.55 million USD | +9.6% |
| 1999 | 737.66 million USD | +6.2% |
| 2000 | 659.15 million USD | -10.6% |
| 2001 | 698.89 million USD | +6.0% |
| 2002 | 709.38 million USD | +1.5% |
| 2003 | 938.43 million USD | +32.3% |
| 2004 | 995.8 million USD | +6.1% |
| 2005 | 987.84 million USD | -0.8% |
| 2006 | 996.13 million USD | +0.8% |
| 2007 | 1,393 million USD | +39.9% |
| 2008 | 1,551 million USD | +11.3% |
| 2009 | 1,613 million USD | +4.0% |
| 2010 | 1,683 million USD | +4.3% |
| 2011 | 1,949 million USD | +15.8% |
| 2012 | 1,805 million USD | -7.4% |
| 2013 | 2,592 million USD | +43.6% |
| 2014 | 2,874 million USD | +10.9% |
| 2015 | 2,334 million USD | -18.8% |
| 2016 | 2,331 million USD | -0.1% |
| 2017 | 2,977 million USD | +27.7% |
| 2018 | 3,694 million USD | +24.1% |
| 2019 | 3,623 million USD | -1.9% |
| 2020 | 3,954 million USD | +9.2% |
| 2021 | 5,032 million USD | +27.3% |
| 2022 | 6,296 million USD | +25.1% |
| 2023 | 7,884 million USD | +25.2% |
| 2024 | 8,746 million USD | +10.9% |
Benin compared with similar countries
- Benin's 8,746 million USD is above the median for lower middle income countries, which is 5,205 million USD, 1.7× the median. (44 countries reporting)
- Benin's 8,746 million USD is above the median for Sub-Saharan Africa, which is 3,840 million USD, 2.3× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 115.07 million USD | 49.7 million USD | 244.58 million USD | 10 |
| 1980s | 223.36 million USD | 133.36 million USD | 348.49 million USD | 10 |
| 1990s | 484.25 million USD | 251.54 million USD | 737.66 million USD | 10 |
| 2000s | 1,054 million USD | 659.15 million USD | 1,613 million USD | 10 |
| 2010s | 2,586 million USD | 1,683 million USD | 3,694 million USD | 10 |
| 2020s | 6,382 million USD | 3,954 million USD | 8,746 million USD | 5 |
Countries ranked near Benin
More economy & growth data for Benin
- Real gdp growth, annual growth rate 17.31 % change on previous year (2024)
- 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)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Benin?
- Gross fixed capital formation — value us$ in Benin was 8,746 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Benin?
- The highest recorded value was 8,746 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$ recorded in Benin?
- The lowest recorded value was 49.7 million USD in 1970.
- How does Benin rank for gross fixed capital formation — value us$?
- Benin ranks 112th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Benin?
- Over the last ten years it is up 204.3%. 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$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).