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)
11.42497171 1960
10.96284078 1961
11.10921127 1962
11.61682926 1963
9.73416577 1964
8.77749965 1965
8.77829511 1966
11.825163 1967
12.37465627 1968
12.66318807 1969
11.59238012 1970
10.2856436 1971
13.36363684 1972
13.07596872 1973
18.23111589 1974
19.30209116 1975
16.6521858 1976
17.75093424 1977
16.0640104 1978
19.02217969 1979
15.15656794 1980
15.67675223 1981
27.60441693 1982
17.32151508 1983
12.78031782 1984
8.93997374 1985
13.46444463 1986
12.9269405 1987
15.63323062 1988
11.81714415 1989
14.06035642 1990
14.47804469 1991
13.62110874 1992
16.05813651 1993
17.80221471 1994
21.41976714 1995
17.55116797 1996
18.54485643 1997
18.15515708 1998
18.33886607 1999
18.66556352 2000
19.67447328 2001
18.45047815 2002
20.30472083 2003
20.67290799 2004
18.15657448 2005
20.55457203 2006
20.65238273 2007
20.724943 2008
21.21817305 2009
21.04323784 2010
17.64384966 2011
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