Annual GDP growth (%) in Benin
Benin: Annual GDP growth (%) was 7.5% in 2024. ▲ Rising
Annual GDP growth in Benin, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual gdp growth in Benin is 7.5%, measured in 2024. That is the highest value across all 25 years on record.
That represents a change of up 17.3% on the previous year and up 17.2% over ten years.
Over the whole period, annual gdp growth in Benin peaked at 7.5% in 2024 and was at its lowest, 1.7%, in 2005.
That places Benin 11th out of 230 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Annual GDP growth (%) in Benin, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 5.9% | — |
| 2001 | 5.3% | -9.0% |
| 2002 | 4.6% | -12.9% |
| 2003 | 3.4% | -25.8% |
| 2004 | 4.4% | +28.6% |
| 2005 | 1.7% | -61.3% |
| 2006 | 3.9% | +130.2% |
| 2007 | 6.0% | +51.8% |
| 2008 | 4.9% | -18.2% |
| 2009 | 2.3% | -52.6% |
| 2010 | 2.1% | -8.8% |
| 2011 | 3.0% | +40.2% |
| 2012 | 4.8% | +62.3% |
| 2013 | 7.2% | +49.5% |
| 2014 | 6.4% | -11.6% |
| 2015 | 1.8% | -72.0% |
| 2016 | 3.3% | +87.8% |
| 2017 | 5.7% | +69.8% |
| 2018 | 6.7% | +18.1% |
| 2019 | 6.9% | +2.5% |
| 2020 | 3.8% | -43.9% |
| 2021 | 7.2% | +85.9% |
| 2022 | 6.3% | -12.6% |
| 2023 | 6.4% | +1.6% |
| 2024 | 7.5% | +17.3% |
Benin compared with similar countries
- Benin's 7.5% is above the median for lower middle income countries, which is 3.8%, 2.0× the median. (43 countries reporting)
- Benin's 7.5% is above the median for Sub-Saharan Africa, which is 4.1%, 1.8× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.3% | 1.7% | 6.0% | 10 |
| 2010s | 4.8% | 1.8% | 7.2% | 10 |
| 2020s | 6.2% | 3.8% | 7.5% | 5 |
Countries ranked near Benin
More economy & growth data for Benin
- Real gdp growth, annual growth rate 17.31 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.42 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.03 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -3.83 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0103 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 17.01 units per person (2025)
- SDRs holdings, SDR, annual growth rate -8.42 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0075 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 12.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -0.7436 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Benin?
- Annual gdp growth in Benin was 7.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Benin?
- The highest recorded value was 7.5% in 2024.
- What is the lowest annual gdp growth recorded in Benin?
- The lowest recorded value was 1.7% in 2005.
- How does Benin rank for annual gdp growth?
- Benin ranks 11th out of 230 countries with data for 2024.
- Is annual gdp growth rising or falling in Benin?
- Over the last ten years it is up 17.2%. The long-run trend across the full record is rising.
- Where does this Benin data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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