Benin | Gross capital formation (annual % growth)

Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 2008 SNA, net acquisitions of valuables are also considered capital formation.
Publisher
The World Bank
Origin
Republic of Benin
Records
63
Source
Benin | Gross capital formation (annual % growth)
1960
1961 -0.87674656
1962 -1.76954017
1963 9.0085835
1964 -9.9172862
1965 -5.4955064
1966 3.88413618
1967 35.51324694
1968 8.96609758
1969 5.06319599
1970 -6.62716404
1971 -3.01414719
1972 44.85300874
1973 1.28866678
1974 46.49163555
1975 0.07897254
1976 1.89339487
1977 -7.97429217
1978 -5.58045146
1979 43.15414441
1980 36.68025388
1981 13.79804125
1982 43.09503037
1983 -41.43606063
1984 -26.18134309
1985 -27.33564037
1986 48.09523867
1987 -7.23472305
1988 5.19930571
1989 -23.30066061
1990 46.21352657
1991 9.36427241
1992 -2.42770139
1993 5.80003164
1994 0.73201795
1995 38.13271095
1996 -18.27798466
1997 16.711984
1998 -6.14644474
1999 17.55382498
2000 -5.82767029
2001 22.51967669
2002 -12.12143915
2003 6.42348198
2004 6.68843609
2005 -22.65141036
2006 10.45263918
2007 30.9474306
2008 -8.79297923
2009 11.80073569
2010 8.67083242
2011 5.11347951
2012 4.98452151
2013 40.66840995
2014 9.23229094
2015 13.94551239
2016 1.56873505
2017 24.74144372
2018 15.91703714
2019 10.02043843
2020 1.86096696
2021 17.85237588
2022 12.76769226

Benin | Gross capital formation (annual % growth)

Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 2008 SNA, net acquisitions of valuables are also considered capital formation.
Publisher
The World Bank
Origin
Republic of Benin
Records
63
Source