Benin vs Senegal: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- Benin
- Senegal
How they compare
Senegal currently reports 5.44 trillion current LCU against 4.14 trillion current LCU in Benin, a difference of 1.30 trillion current LCU.
That makes Senegal's figure about 1.3 times Benin's.
Across all 39 years both countries report, Senegal has been ahead every year.
Globally, Benin ranks 21st and Senegal ranks 19th of 105 countries.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.