Benin BJ: GDP: Growth: Gross Fixed Capital Formation

Benin BJ: GDP: Growth: Gross Fixed Capital Formation data was reported at 15.946 % in 2023. This records an increase from the previous number of 12.972 % for 2022. Benin BJ: GDP: Growth: Gross Fixed Capital Formation data is updated yearly, averaging 7.474 % from Dec 1983 (Median) to 2023, with 41 observations. The data reached an all-time high of 46.319 % in 2013 and a record low of -42.868 % in 1983. Benin BJ: GDP: Growth: 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: Annual Growth Rate. Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. 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 2008 SNA, net acquisitions of valuables are also considered capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

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