Benin - Gross capital formation (current LCU)

Gross capital formation (current LCU) in Benin was at 1273600000000 LCU, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 benin gross capital formation current lcu wb data




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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. Data are in current local currency.


Benin | Economy & Growth

GDP (current US$)
8290986804 USD
GDP (current LCU)
4903700000000 LCU
GDP (constant 2000 US$)
8755259214 USD
GDP (constant LCU)
3938600000000 LCU
GNI (current US$)
8263954911 USD
GNI (current LCU)
4887712000000 LCU
GNI (constant 2000 US$)
8726455086 USD
GNI (constant LCU)
3925185836273 LCU
Gross savings (current LCU)
774709648926 LCU