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
-0.87674656 1961
-1.76954017 1962
9.0085835 1963
-9.9172862 1964
-5.4955064 1965
3.88413618 1966
35.51324694 1967
8.96609758 1968
5.06319599 1969
-6.62716404 1970
-3.01414719 1971
44.85300874 1972
1.28866678 1973
46.49163555 1974
0.07897254 1975
1.89339487 1976
-7.97429217 1977
-5.58045146 1978
43.15414441 1979
36.68025388 1980
13.79804125 1981
43.09503037 1982
-41.43606063 1983
-26.18134309 1984
-27.33564037 1985
48.09523867 1986
-7.23472305 1987
5.19930571 1988
-23.30066061 1989
46.21352657 1990
9.36427241 1991
-2.42770139 1992
5.80003164 1993
0.73201795 1994
38.13271095 1995
-18.27798466 1996
16.711984 1997
-6.14644474 1998
17.55382498 1999
-5.82767029 2000
22.51967669 2001
-12.12143915 2002
6.42348198 2003
6.68843609 2004
-22.65141036 2005
10.45263918 2006
30.9474306 2007
-8.79297923 2008
11.80073569 2009
8.67083242 2010
5.11347951 2011
4.98452151 2012
40.66840995 2013
9.23229094 2014
13.94551239 2015
1.56873505 2016
24.74144372 2017
15.91703714 2018
10.02043843 2019
1.86096696 2020
17.85237588 2021
12.76769226 2022
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