Annual gdp growth in Benin
Benin: Annual gdp growth was 7.45 in 2024. ▲ Rising
Latest (2024)
7.45
Change on year
up 17.3%
World rank
12th
of 212 countries
All-time high
7.45
in 2024
All-time low
1.71
in 2005
Years of data
25
2000–2024
Annual gdp growth in Benin, 2000–2024
Source: Our World in Data.
Analysis
The most recent figure for annual gdp growth in Benin is 7.45, measured in 2024. That is the highest value across all 25 years on record.
The figure is up 17.3% on the previous year and up 17.1% over ten years.
Over the whole period, annual gdp growth in Benin peaked at 7.45 in 2024 and was at its lowest, 1.71, in 2005.
That places Benin 12th out of 212 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 | Value | Change |
|---|---|---|
| 2000 | 5.86 | — |
| 2001 | 5.33 | -9.0% |
| 2002 | 4.64 | -12.9% |
| 2003 | 3.44 | -25.9% |
| 2004 | 4.43 | +28.8% |
| 2005 | 1.71 | -61.4% |
| 2006 | 3.94 | +130.4% |
| 2007 | 5.99 | +52.0% |
| 2008 | 4.9 | -18.2% |
| 2009 | 2.32 | -52.7% |
| 2010 | 2.11 | -9.1% |
| 2011 | 2.96 | +40.3% |
| 2012 | 4.81 | +62.5% |
| 2013 | 7.19 | +49.5% |
| 2014 | 6.36 | -11.5% |
| 2015 | 1.78 | -72.0% |
| 2016 | 3.34 | +87.6% |
| 2017 | 5.67 | +69.8% |
| 2018 | 6.7 | +18.2% |
| 2019 | 6.87 | +2.5% |
| 2020 | 3.85 | -44.0% |
| 2021 | 7.16 | +86.0% |
| 2022 | 6.25 | -12.7% |
| 2023 | 6.35 | +1.6% |
| 2024 | 7.45 | +17.3% |
Benin compared with similar countries
- Benin's 7.45 is above the median for lower middle income countries, which is 3.8, 2.0× the median. (47 countries reporting)
- Benin's 7.45 is above the median for Sub-Saharan Africa, which is 4.18, 1.8× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.26 | 1.71 | 5.99 | 10 |
| 2010s | 4.78 | 1.78 | 7.19 | 10 |
| 2020s | 6.21 | 3.85 | 7.45 | 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 7.45 in 2024, according to Our World in Data.
- What is the highest annual gdp growth recorded in Benin?
- The highest recorded value was 7.45 in 2024.
- What is the lowest annual gdp growth recorded in Benin?
- The lowest recorded value was 1.71 in 2005.
- How does Benin rank for annual gdp growth?
- Benin ranks 12th out of 212 countries with data for 2024.
- Is annual gdp growth rising or falling in Benin?
- Over the last ten years it is up 17.1%. The long-run trend across the full record is rising.
- Where does this Benin data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).