Benin BJ: GDP: USD: Gross Fixed Capital Formation

Benin BJ: GDP: USD: Gross Fixed Capital Formation data was reported at 6.286 USD bn in 2022. This records an increase from the previous number of 5.032 USD bn for 2021. Benin BJ: GDP: USD: Gross Fixed Capital Formation data is updated yearly, averaging 737.674 USD mn from Dec 1982 to 2022, with 41 observations. The data reached an all-time high of 6.286 USD bn in 2022 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;

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