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Benin - Gross fixed capital formation in % of GDP

1,576,600,000,000.0 (%) in 2017

In 2017, gross fixed capital formation for Benin was 1,576,600 million %. Gross fixed capital formation of Benin increased from 397,793 million % in 1998 to 1,576,600 million % in 2017 growing at an average annual rate of 8.15 %.

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What is gross fixed capital formation?

Gross fixed capital formation is measured by the total value of a producer’s acquisitions, less disposals, of fixed assets during the accounting period plus certain additions to the value of non- produced assets (such as subsoil assets or major improvements in the quantity, quality or productivity of land) realized by the productive activity of institutional units.

What is Benin gross fixed capital formation?

Date Value Change, %
2017 1,576,600,000,000.0 22.04 %
2016 1,291,900,000,000.0 17.55 %
2015 1,099,000,000,000.0 -4.99 %
2014 1,156,688,000,000.0 -8.31 %
2013 1,261,553,000,000.0 42.25 %
2012 886,856,000,000.0 1.08 %
2011 877,380,000,000.0 9.09 %
2010 804,244,000,000.0 10.41 %
2009 728,431,000,000.0 8.98 %
2008 668,406,000,000.0 4.59 %
2007 639,074,000,000.0 27.95 %
2006 499,488,000,000.0