The Gross Domestic Product (GDP) in Benin expanded 6.80 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides - Benin GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the growth of the real gross domestic product (GDP) in Benin was estimated at approximately 6.51 percent. Between 1980 and 2024, the figure dropped by around 2.75 percentage points, though the decline followed an uneven course rather than a steady trajectory. The growth is forecast to decline by about 0.55 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

Benin: Economic growth: the rate of change of real GDP: The latest value from 2024 is 7.45 percent, an increase from 6.35 percent in 2023. In comparison, the world average is 3.20 percent, based on data from 177 countries. Historically, the average for Benin from 1961 to 2024 is 3.95 percent. The minimum value, -4.9 percent, was reached in 1975 while the maximum of 9.95 percent was recorded in 1981.

The Gross Domestic Product (GDP) in Benin was worth 21.48 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Benin represents 0.02 percent of the world economy. This dataset provides - Benin GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Benin BJ: GDP: Growth: GNI per Capita data was reported at 3.796 % in 2023. This records an increase from the previous number of 3.072 % for 2022. Benin BJ: GDP: Growth: GNI per Capita data is updated yearly, averaging 1.577 % from Dec 1961 (Median) to 2023, with 59 observations. The data reached an all-time high of 6.918 % in 1981 and a record low of -7.729 % in 1983. Benin BJ: GDP: Growth: GNI per Capita 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. Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Benin BJ: GDP: Growth data was reported at 6.353 % in 2023. This records an increase from the previous number of 6.253 % for 2022. Benin BJ: GDP: Growth data is updated yearly, averaging 4.226 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 9.954 % in 1981 and a record low of -4.895 % in 1975. Benin BJ: GDP: Growth 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. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

The latest data from show economic growth of 6.8 percent, which is an increase from the rate of growth of 6.6 percent in the previous quarter and
an increase compared to the growth rate of 6.7 percent in the same quarter last year. The economic growth time series for Benin cover the period from...

Benin: Economic growth forecast: The latest value from 2030 is 5.96 percent, a decline from 5.99 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Benin from 1980 to 2030 is 4.37 percent. The minimum value, -2.85 percent, was reached in 1989 while the maximum of 9.26 percent was recorded in 1980.

Benin BJ: GDP: Growth: Gross Capital Formation data was reported at 15.886 % in 2023. This records an increase from the previous number of 12.836 % for 2022. Benin BJ: GDP: Growth: Gross Capital Formation data is updated yearly, averaging 5.800 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 48.095 % in 1986 and a record low of -41.436 % in 1983. Benin BJ: GDP: Growth: Gross 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. Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. 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 2008 SNA, net acquisitions of valuables are also considered capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

GDP growth of Benin rocketed by 17.32% from 6.4 % in 2023 to 7.5 % in 2024. Since the 12.61% drop in 2022, GDP growth shot up by 19.19% in 2024. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

The latest data from show economic growth of 6.8 pour cent, which is an increase from the rate of growth of 6.6 pour cent in the previous quarter and
an increase compared to the growth rate of 6.7 pour cent in the same quarter last year. The economic growth time series for Bénin cover the period...

Annual percentage growth rate of GDP at market prices based on constant 2010 US Dollars. in Benin was reported at 7 % in 2027, according to the World Bank collection of development indicators, compiled from officially recognized sources. Benin - Annual percentage growth rate of GDP at market prices based on constant 2010 US Dollars. - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

GDP per capita growth (annual %) in Benin was reported at 3.7034 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Benin - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Claims on other sectors of the domestic economy (annual growth as % of broad money) in Benin was reported at 6.0975 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Benin - Claims on other sectors of the domestic economy (annual growth as % of broad money) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Contains data from the World Bank's data portal covering the following topics which also exist as individual datasets on HDX: Agriculture and Rural Development, Aid Effectiveness, Economy and Growth, Education, Energy and Mining, Environment, Financial Sector, Health, Infrastructure, Social Protection and Labor, Poverty, Private Sector, Public Sector, Science and Technology, Social Development, Urban Development, Gender, Millenium development goals, Climate Change, External Debt, Trade.

Benin BJ: GDP: Growth: Imports of Goods and Services data was reported at 8.700 % in 2023. This records a decrease from the previous number of 18.532 % for 2022. Benin BJ: GDP: Growth: Imports of Goods and Services data is updated yearly, averaging 7.350 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 35.370 % in 1990 and a record low of -26.039 % in 1983. Benin BJ: GDP: Growth: Imports of Goods and Services 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. Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Benin BJ: GDP: Growth: Exports of Goods and Services data was reported at 6.224 % in 2023. This records a decrease from the previous number of 19.082 % for 2022. Benin BJ: GDP: Growth: Exports of Goods and Services data is updated yearly, averaging 9.192 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 74.942 % in 1990 and a record low of -27.459 % in 1983. Benin BJ: GDP: Growth: Exports of Goods and Services 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. Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Graph and download economic data for Population Growth for Benin (SPPOPGROWBEN) from 1961 to 2024 about Benin, population, and rate.

Rural population growth (annual %) in Benin was reported at 1.3149 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Benin - Rural population growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Graph and download economic data for Gross Domestic Product Per Capita for Benin (PCAGDPBJA646NWDB) from 1960 to 2023 about Benin, per capita, and GDP.