Benin - Gross fixed capital formation

Gross fixed capital formation, private sector (current LCU)

The value for Gross fixed capital formation, private sector (current LCU) in Benin was 1,853,530,000,000 as of 2020. As the graph below shows, over the past 33 years this indicator reached a maximum value of 1,853,530,000,000 in 2020 and a minimum value of 38,100,000,000 in 1989.

Definition: Private investment covers gross outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1987 40,800,000,000
1988 51,400,000,000
1989 38,100,000,000
1990 45,703,700,000
1991 52,054,900,000
1992 58,705,800,000
1993 62,080,100,000
1994 89,689,200,000
1995 120,122,000,000
1996 123,663,000,000
1997 160,161,000,000
1998 181,863,000,000
1999 365,778,000,000
2000 324,195,000,000
2001 384,228,000,000
2002 378,677,000,000
2003 410,728,000,000
2004 399,677,000,000
2005 384,493,000,000
2006 392,712,000,000
2007 437,630,000,000
2008 486,133,000,000
2009 546,020,000,000
2010 599,555,000,000
2011 673,632,000,000
2012 675,712,000,000
2013 992,183,000,000
2014 1,151,000,000,000
2015 1,092,880,000,000
2016 1,080,510,000,000
2017 1,415,090,000,000
2018 1,725,820,000,000
2019 1,792,270,000,000
2020 1,853,530,000,000

Gross fixed capital formation, private sector (% of GDP)

Gross fixed capital formation, private sector (% of GDP) in Benin was 20.57 as of 2020. Its highest value over the past 33 years was 21.79 in 2018, while its lowest value was 7.95 in 1989.

Definition: Private investment covers gross outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1987 8.69
1988 10.65
1989 7.95
1990 8.56
1991 9.29
1992 9.88
1993 9.64
1994 10.11
1995 11.09
1996 10.24
1997 12.10
1998 12.56
1999 16.16
2000 12.97
2001 14.31
2002 13.01
2003 13.24
2004 12.24
2005 11.10
2006 10.69
2007 11.19
2008 11.14
2009 11.92
2010 12.71
2011 13.37
2012 11.88
2013 16.05
2014 17.55
2015 16.23
2016 15.42
2017 19.19
2018 21.79
2019 21.25
2020 20.57

Gross fixed capital formation (current US$)

The latest value for Gross fixed capital formation (current US$) in Benin was $3,945,210,000 as of 2020. Over the past 38 years, the value for this indicator has fluctuated between $3,945,210,000 in 2020 and $91,483,170 in 1985.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1982 $342,963,600
1983 $182,120,700
1984 $131,134,300
1985 $91,483,170
1986 $171,524,600
1987 $208,959,600
1988 $244,419,800
1989 $187,142,500
1990 $247,377,900
1991 $257,359,500
1992 $227,457,200
1993 $315,765,900
1994 $259,572,000
1995 $381,092,200
1996 $385,812,700
1997 $390,736,700
1998 $424,209,400
1999 $737,673,700
2000 $659,153,700
2001 $698,894,500
2002 $709,375,900
2003 $938,439,900
2004 $995,807,900
2005 $987,846,600
2006 $996,131,600
2007 $1,393,433,000
2008 $1,550,868,000
2009 $1,613,257,000
2010 $1,682,988,000
2011 $1,949,000,000
2012 $1,805,349,000
2013 $2,592,228,000
2014 $2,874,461,000
2015 $2,334,088,000
2016 $2,331,409,000
2017 $2,977,071,000
2018 $3,694,044,000
2019 $3,622,856,000
2020 $3,945,210,000

Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Benin was 2,270,810,000,000 as of 2020. As the graph below shows, over the past 38 years this indicator reached a maximum value of 2,270,810,000,000 in 2020 and a minimum value of 41,100,000,000 in 1985.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1982 112,700,000,000
1983 69,400,000,000
1984 57,300,000,000
1985 41,100,000,000
1986 59,399,990,000
1987 62,800,000,000
1988 72,800,000,000
1989 59,700,000,000
1990 67,352,300,000
1991 72,602,900,000
1992 79,751,700,000
1993 89,413,100,000
1994 144,116,000,000
1995 190,222,000,000
1996 197,363,000,000
1997 228,061,000,000
1998 250,263,000,000
1999 454,018,000,000
2000 468,136,000,000
2001 511,869,000,000
2002 492,103,000,000
2003 544,199,000,000
2004 525,127,000,000
2005 520,850,000,000
2006 520,405,000,000
2007 666,944,000,000
2008 691,687,000,000
2009 758,704,000,000
2010 832,733,000,000
2011 918,463,000,000
2012 921,732,000,000
2013 1,280,300,000,000
2014 1,419,290,000,000
2015 1,379,940,000,000
2016 1,381,610,000,000
2017 1,728,660,000,000
2018 2,051,840,000,000
2019 2,122,670,000,000
2020 2,270,810,000,000

Gross fixed capital formation (constant 2010 US$)

The latest value for Gross fixed capital formation (constant 2010 US$) in Benin was 3,845,608,000 as of 2020. Over the past 38 years, the value for this indicator has fluctuated between 3,845,608,000 in 2020 and 326,831,300 in 1985.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1982 1,042,520,000
1983 595,612,000
1984 467,583,400
1985 326,831,300
1986 434,979,800
1987 490,644,500
1988 403,966,600
1989 392,472,100
1990 470,645,000
1991 516,981,700
1992 550,690,200
1993 596,407,600
1994 584,367,900
1995 674,477,700
1996 684,944,000
1997 742,063,900
1998 773,602,400
1999 831,421,800
2000 827,742,100
2001 963,126,300
2002 916,351,400
2003 990,716,800
2004 971,359,800
2005 889,869,800
2006 875,006,700
2007 1,092,022,000
2008 1,103,070,000
2009 1,189,111,000
2010 1,307,415,000
2011 1,360,640,000
2012 1,354,682,000
2013 1,982,161,000
2014 2,223,639,000
2015 2,334,088,000
2016 2,341,659,000
2017 2,934,962,000
2018 3,411,092,000
2019 3,766,157,000
2020 3,845,608,000

Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Benin was 2.11 as of 2020. As the graph below shows, over the past 37 years this indicator reached a maximum value of 46.32 in 2013 and a minimum value of -42.87 in 1983.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1983 -42.87
1984 -21.50
1985 -30.10
1986 33.09
1987 12.80
1988 -17.67
1989 -2.85
1990 19.92
1991 9.85
1992 6.52
1993 8.30
1994 -2.02
1995 15.42
1996 1.55
1997 8.34
1998 4.25
1999 7.47
2000 -0.44
2001 16.36
2002 -4.86
2003 8.12
2004 -1.95
2005 -8.39
2006 -1.67
2007 24.80
2008 1.01
2009 7.80
2010 9.95
2011 4.07
2012 -0.44
2013 46.32
2014 12.18
2015 4.97
2016 0.32
2017 25.34
2018 16.22
2019 10.41
2020 2.11

Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Benin was 2,273,570,000,000 as of 2020. As the graph below shows, over the past 38 years this indicator reached a maximum value of 2,273,570,000,000 in 2020 and a minimum value of 193,227,000,000 in 1985.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1982 616,350,000,000
1983 352,133,000,000
1984 276,441,000,000
1985 193,227,000,000
1986 257,165,000,000
1987 290,075,000,000
1988 238,830,000,000
1989 232,034,000,000
1990 278,251,000,000
1991 305,646,000,000
1992 325,574,000,000
1993 352,603,000,000
1994 345,485,000,000
1995 398,759,000,000
1996 404,947,000,000
1997 438,717,000,000
1998 457,363,000,000
1999 491,546,000,000
2000 489,371,000,000
2001 569,412,000,000
2002 541,758,000,000
2003 585,723,000,000
2004 574,279,000,000
2005 526,101,000,000
2006 517,314,000,000
2007 645,616,000,000
2008 652,148,000,000
2009 703,016,000,000
2010 772,959,000,000
2011 804,426,000,000
2012 800,904,000,000
2013 1,171,880,000,000
2014 1,314,640,000,000
2015 1,379,940,000,000
2016 1,384,420,000,000
2017 1,735,180,000,000
2018 2,016,680,000,000
2019 2,226,600,000,000
2020 2,273,570,000,000

Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Benin was 25.21 as of 2020. Its highest value over the past 38 years was 27.05 in 1982, while its lowest value was 8.75 in 1985.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1982 27.05
1983 16.63
1984 12.48
1985 8.75
1986 12.84
1987 13.37
1988 15.09
1989 12.46
1990 12.62
1991 12.96
1992 13.42
1993 13.88
1994 16.24
1995 17.56
1996 16.34
1997 17.23
1998 17.28
1999 20.06
2000 18.73
2001 19.06
2002 16.91
2003 17.54
2004 16.09
2005 15.04
2006 14.16
2007 17.06
2008 15.85
2009 16.57
2010 17.65
2011 18.23
2012 16.20
2013 20.71
2014 21.64
2015 20.50
2016 19.72
2017 23.44
2018 25.90
2019 25.17
2020 25.21

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts