Benin BJ: GDP: USD: Gross Fixed Capital Formation

1982 - 2023 | Yearly | USD mn | World Bank

Benin BJ: GDP: USD: Gross Fixed Capital Formation data was reported at 7.884 USD bn in 2023. This records an increase from the previous number of 6.296 USD bn for 2022. Benin BJ: GDP: USD: Gross Fixed Capital Formation data is updated yearly, averaging 838.057 USD mn from Dec 1982 (Median) to 2023, with 42 observations. The data reached an all-time high of 7.884 USD bn in 2023 and a record low of 91.483 USD mn in 1985. Benin BJ: GDP: USD: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Benin – Table BJ.World Bank.WDI: Gross Domestic Product: Nominal. Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;

View Benin's Benin BJ: GDP: USD: Gross Fixed Capital Formation from 1982 to 2023 in the chart:

Benin Benin BJ: GDP: USD: Gross Fixed Capital Formation

What was Benin's Benin BJ: GDP: USD: Gross Fixed Capital Formation in 2023?

Last Previous Min Max Unit Frequency Range
7,883.688 2023 6,296.321 2022 91.483 1985 7,883.688 2023 USD mn yearly 1982 - 2023

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Benin Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 5,464.500 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 1,739.020 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 5.934 2028 yearly 1980 - 2028
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (XOF bn) 3,898.638 2029 yearly 1989 - 2029
Forecast: Government Net Debt (XOF bn) 9,409.372 2029 yearly 1998 - 2029
Forecast: Government Revenue (XOF bn) 3,337.730 2029 yearly 1989 - 2029
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 16.018 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 2.000 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -1.412 2029 yearly 1980 - 2029

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