Gross fixed capital formation, General … General Purchasing in Benin
Benin: Gross fixed capital formation, General … General Purchasing was 1.02 in 2019. ▲ Rising
Gross fixed capital formation, General government, Constant prices in Benin, 1960–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, general government, constant prices in Benin is 1.02, measured in 2019.
Compared with earlier readings it is down 20.9% on the previous year and up 18.1% over ten years.
Over the whole period, gross fixed capital formation, general government, constant prices in Benin peaked at 1.45 in 2017 and was at its lowest, 0.2976, in 1985.
That places Benin 129th out of 173 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently rising across the 60 years of available data.
Gross fixed capital formation, General … General Purchasing in Benin, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 0.4084 | — |
| 1961 | 0.4247 | +4.0% |
| 1962 | 0.4417 | +4.0% |
| 1963 | 0.4594 | +4.0% |
| 1964 | 0.4778 | +4.0% |
| 1965 | 0.4969 | +4.0% |
| 1966 | 0.5168 | +4.0% |
| 1967 | 0.5374 | +4.0% |
| 1968 | 0.5589 | +4.0% |
| 1969 | 0.5813 | +4.0% |
| 1970 | 0.5654 | -2.7% |
| 1971 | 0.5836 | +3.2% |
| 1972 | 0.7799 | +33.6% |
| 1973 | 0.6937 | -11.1% |
| 1974 | 0.7452 | +7.4% |
| 1975 | 0.7263 | -2.5% |
| 1976 | 0.578 | -20.4% |
| 1977 | 0.5627 | -2.6% |
| 1978 | 0.509 | -9.5% |
| 1979 | 0.7999 | +57.1% |
| 1980 | 0.8605 | +7.6% |
| 1981 | 0.7919 | -8.0% |
| 1982 | 1.07 | +34.7% |
| 1983 | 0.5373 | -49.6% |
| 1984 | 0.4669 | -13.1% |
| 1985 | 0.2976 | -36.3% |
| 1986 | 0.3734 | +25.4% |
| 1987 | 0.4557 | +22.1% |
| 1988 | 0.3678 | -19.3% |
| 1989 | 0.368 | +0.0% |
| 1990 | 0.3163 | -14.0% |
| 1991 | 0.3186 | +0.7% |
| 1992 | 0.3352 | +5.2% |
| 1993 | 0.3217 | -4.0% |
| 1994 | 0.3774 | +17.3% |
| 1995 | 0.4566 | +21.0% |
| 1996 | 0.4319 | -5.4% |
| 1997 | 0.4439 | +2.8% |
| 1998 | 0.405 | -8.7% |
| 1999 | 0.303 | -25.2% |
| 2000 | 0.3859 | +27.3% |
| 2001 | 0.4491 | +16.4% |
| 2002 | 0.3981 | -11.4% |
| 2003 | 0.4592 | +15.4% |
| 2004 | 0.4275 | -6.9% |
| 2005 | 0.4447 | +4.0% |
| 2006 | 0.343 | -22.9% |
| 2007 | 0.585 | +70.6% |
| 2008 | 0.509 | -13.0% |
| 2009 | 0.8617 | +69.3% |
| 2010 | 0.5043 | -41.5% |
| 2011 | 0.628 | +24.5% |
| 2012 | 0.6305 | +0.4% |
| 2013 | 0.8946 | +41.9% |
| 2014 | 0.7077 | -20.9% |
| 2015 | 1.11 | +56.3% |
| 2016 | 0.8813 | -20.3% |
| 2017 | 1.45 | +64.3% |
| 2018 | 1.29 | -11.2% |
| 2019 | 1.02 | -20.9% |
Benin compared with similar countries
- Benin's 1.02 is below the median for lower middle income countries, which is 2.23, 46% of the median. (41 countries reporting)
- Benin's 1.02 is below the median for Sub-Saharan Africa, which is 1.17, 87% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.4903 | 0.4084 | 0.5813 | 10 |
| 1970s | 0.6544 | 0.509 | 0.7999 | 10 |
| 1980s | 0.5586 | 0.2976 | 1.07 | 10 |
| 1990s | 0.371 | 0.303 | 0.4566 | 10 |
| 2000s | 0.4863 | 0.343 | 0.8617 | 10 |
| 2010s | 0.9105 | 0.5043 | 1.45 | 10 |
Countries ranked near Benin
More public sector data for Benin
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 3 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is gross fixed capital formation, general government, constant prices in Benin?
- Gross fixed capital formation, general government, constant prices in Benin was 1.02 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, general government, constant prices recorded in Benin?
- The highest recorded value was 1.45 in 2017.
- What is the lowest gross fixed capital formation, general government, constant prices recorded in Benin?
- The lowest recorded value was 0.2976 in 1985.
- How does Benin rank for gross fixed capital formation, general government, constant prices?
- Benin ranks 129th out of 173 countries with data for 2019.
- Is gross fixed capital formation, general government, constant prices rising or falling in Benin?
- Over the last ten years it is up 18.1%. The long-run trend across the full record is rising.
- Where does this Benin data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, General government, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.