Benin - 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

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts