GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Benin
Benin: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 1.57 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Benin, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Benin recorded 1.57 % change on previous year for gdp deflator — value standard local currency, 2015 prices, annual in 2024.
Compared with earlier readings it is down 53.6% on the previous year and up 733.8% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Benin peaked at 35.03 % change on previous year in 1994 and was at its lowest, -4.89 % change on previous year, in 1985.
Benin ranks 170th of 209 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Benin, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 3.57 % change on previous year | — |
| 1972 | 2.64 % change on previous year | -26.0% |
| 1973 | 3.86 % change on previous year | +46.2% |
| 1974 | 8.63 % change on previous year | +123.7% |
| 1975 | 16.29 % change on previous year | +88.8% |
| 1976 | 17.09 % change on previous year | +4.9% |
| 1977 | 7.9 % change on previous year | -53.8% |
| 1978 | 12.07 % change on previous year | +52.9% |
| 1979 | 6.3 % change on previous year | -47.8% |
| 1980 | 15.99 % change on previous year | +153.8% |
| 1981 | 15.19 % change on previous year | -5.0% |
| 1982 | 6.47 % change on previous year | -57.4% |
| 1983 | 4.74 % change on previous year | -26.7% |
| 1984 | 1.95 % change on previous year | -58.8% |
| 1985 | -4.89 % change on previous year | -350.3% |
| 1986 | -3.61 % change on previous year | -26.1% |
| 1987 | 3.06 % change on previous year | -184.8% |
| 1988 | -0.2828 % change on previous year | -109.2% |
| 1989 | 0.0374 % change on previous year | -113.2% |
| 1990 | -3.81 % change on previous year | -10289.9% |
| 1991 | 0.7566 % change on previous year | -119.8% |
| 1992 | 3.03 % change on previous year | +299.9% |
| 1993 | 2.38 % change on previous year | -21.4% |
| 1994 | 35.03 % change on previous year | +1372.8% |
| 1995 | 17.8 % change on previous year | -49.2% |
| 1996 | 6.9 % change on previous year | -61.2% |
| 1997 | 3.67 % change on previous year | -46.8% |
| 1998 | 5.23 % change on previous year | +42.6% |
| 1999 | 0.4364 % change on previous year | -91.7% |
| 2000 | 4.34 % change on previous year | +894.8% |
| 2001 | 1.97 % change on previous year | -54.6% |
| 2002 | 3.55 % change on previous year | +80.4% |
| 2003 | 3.06 % change on previous year | -13.9% |
| 2004 | 0.7697 % change on previous year | -74.9% |
| 2005 | 4.29 % change on previous year | +457.8% |
| 2006 | 2.09 % change on previous year | -51.2% |
| 2007 | 0.3902 % change on previous year | -81.4% |
| 2008 | 6.43 % change on previous year | +1548.8% |
| 2009 | 2.54 % change on previous year | -60.5% |
| 2010 | 0.8809 % change on previous year | -65.3% |
| 2011 | 3.73 % change on previous year | +323.8% |
| 2012 | 7.7 % change on previous year | +106.2% |
| 2013 | 1.4 % change on previous year | -81.9% |
| 2014 | -0.2478 % change on previous year | -117.7% |
| 2015 | 0.8515 % change on previous year | -443.6% |
| 2016 | 0.684 % change on previous year | -19.7% |
| 2017 | -0.3685 % change on previous year | -153.9% |
| 2018 | 0.6709 % change on previous year | -282.1% |
| 2019 | -0.3981 % change on previous year | -159.3% |
| 2020 | 2.88 % change on previous year | -823.0% |
| 2021 | 1.62 % change on previous year | -43.8% |
| 2022 | 4.14 % change on previous year | +155.7% |
| 2023 | 3.39 % change on previous year | -18.2% |
| 2024 | 1.57 % change on previous year | -53.6% |
Benin compared with similar countries
- Benin's 1.57 % change on previous year is below the median for lower middle income countries, which is 4.74 % change on previous year, 33% of the median. (41 countries reporting)
- Benin's 1.57 % change on previous year is below the median for Sub-Saharan Africa, which is 4.4 % change on previous year, 36% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Benin changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | -10289.9% | 0.0374 % change on previous year | -3.81 % change on previous year |
| 2008 | +1548.8% | 0.3902 % change on previous year | 6.43 % change on previous year |
| 1994 | +1372.8% | 2.38 % change on previous year | 35.03 % change on previous year |
| 2000 | +894.8% | 0.4364 % change on previous year | 4.34 % change on previous year |
| 2020 | +823.0% | -0.3981 % change on previous year | 2.88 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.71 % change on previous year | 2.64 % change on previous year | 17.09 % change on previous year | 9 |
| 1980s | 3.87 % change on previous year | -4.89 % change on previous year | 15.99 % change on previous year | 10 |
| 1990s | 7.14 % change on previous year | -3.81 % change on previous year | 35.03 % change on previous year | 10 |
| 2000s | 2.94 % change on previous year | 0.3902 % change on previous year | 6.43 % change on previous year | 10 |
| 2010s | 1.49 % change on previous year | -0.3981 % change on previous year | 7.7 % change on previous year | 10 |
| 2020s | 2.72 % change on previous year | 1.57 % change on previous year | 4.14 % change on previous year | 5 |
Countries ranked near Benin
- 167 Finland 1.71 % change on previous year compare
- 168 Algeria 1.7 % change on previous year compare
- 169 Morocco 1.63 % change on previous year compare
- 171 Grenada 1.35 % change on previous year compare
- 172 Switzerland 1.29 % change on previous year compare
- 173 Eritrea 1.26 % change on previous year compare
More economy & growth data for Benin
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 60.28 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0028 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.17 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 543.01 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 22.59 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0253 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 37.55 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 12.54 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices, annual in Benin?
- Gdp deflator — value standard local currency, 2015 prices, annual in Benin was 1.57 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Benin?
- The highest recorded value was 35.03 % change on previous year in 1994.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Benin?
- The lowest recorded value was -4.89 % change on previous year in 1985.
- How does Benin rank for gdp deflator — value standard local currency, 2015 prices, annual?
- Benin ranks 170th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Benin?
- Over the last ten years it is up 733.8%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.