Benin | Gross capital formation (% of GDP)

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 1993 SNA, net acquisitions of valuables are also considered capital formation.
Publisher
The World Bank
Origin
Republic of Benin
Records
53
Source
Benin | Gross capital formation (% of GDP)
1960 11.42497171
1961 10.96284078
1962 11.10921127
1963 11.61682926
1964 9.73416577
1965 8.77749965
1966 8.77829511
1967 11.825163
1968 12.37465627
1969 12.66318807
1970 11.59238012
1971 10.2856436
1972 13.36363684
1973 13.07596872
1974 18.23111589
1975 19.30209116
1976 16.6521858
1977 17.75093424
1978 16.0640104
1979 19.02217969
1980 15.15656794
1981 15.67675223
1982 27.60441693
1983 17.32151508
1984 12.78031782
1985 8.93997374
1986 13.46444463
1987 12.9269405
1988 15.63323062
1989 11.81714415
1990 14.06035642
1991 14.47804469
1992 13.62110874
1993 16.05813651
1994 17.80221471
1995 21.41976714
1996 17.55116797
1997 18.54485643
1998 18.15515708
1999 18.33886607
2000 18.66556352
2001 19.67447328
2002 18.45047815
2003 20.30472083
2004 20.67290799
2005 18.15657448
2006 20.55457203
2007 20.65238273
2008 20.724943
2009 21.21817305
2010 21.04323784
2011 17.64384966
2012

Benin | Gross capital formation (% of GDP)

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 1993 SNA, net acquisitions of valuables are also considered capital formation.
Publisher
The World Bank
Origin
Republic of Benin
Records
53
Source