Gross fixed capital formation, General government, Constant prices in Benin
Benin: Gross fixed capital formation, General government, Constant prices 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 government, Constant prices 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% |
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
- Arms imports 6.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.4149 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -45.45 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 6.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 10.66 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0072 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 3.4 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 154.11 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 97.55 SIPRI trend indicator values per square kilometre (2023)
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.
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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.