GDP Deflator — Value Standard Local Currency, 2015 prices in Benin
Benin: GDP Deflator — Value Standard Local Currency, 2015 prices was 114.99 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in Benin, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for gdp deflator — value standard local currency, 2015 prices in Benin is 114.99 SLC, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 1.6% on the previous year and up 16.0% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Benin peaked at 114.99 SLC in 2024 and was at its lowest, 11.39 SLC, in 1970.
Benin ranks 184th 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 in Benin, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 11.39 SLC | — |
| 1971 | 11.79 SLC | +3.6% |
| 1972 | 12.1 SLC | +2.6% |
| 1973 | 12.57 SLC | +3.9% |
| 1974 | 13.65 SLC | +8.6% |
| 1975 | 15.88 SLC | +16.3% |
| 1976 | 18.59 SLC | +17.1% |
| 1977 | 20.06 SLC | +7.9% |
| 1978 | 22.48 SLC | +12.1% |
| 1979 | 23.9 SLC | +6.3% |
| 1980 | 27.72 SLC | +16.0% |
| 1981 | 31.93 SLC | +15.2% |
| 1982 | 34 SLC | +6.5% |
| 1983 | 35.61 SLC | +4.7% |
| 1984 | 36.3 SLC | +2.0% |
| 1985 | 34.53 SLC | -4.9% |
| 1986 | 33.28 SLC | -3.6% |
| 1987 | 34.3 SLC | +3.1% |
| 1988 | 34.2 SLC | -0.3% |
| 1989 | 34.22 SLC | +0.0% |
| 1990 | 32.91 SLC | -3.8% |
| 1991 | 33.16 SLC | +0.8% |
| 1992 | 34.16 SLC | +3.0% |
| 1993 | 34.98 SLC | +2.4% |
| 1994 | 47.23 SLC | +35.0% |
| 1995 | 55.63 SLC | +17.8% |
| 1996 | 59.47 SLC | +6.9% |
| 1997 | 61.65 SLC | +3.7% |
| 1998 | 64.88 SLC | +5.2% |
| 1999 | 65.16 SLC | +0.4% |
| 2000 | 67.99 SLC | +4.3% |
| 2001 | 69.33 SLC | +2.0% |
| 2002 | 71.79 SLC | +3.6% |
| 2003 | 73.99 SLC | +3.1% |
| 2004 | 74.56 SLC | +0.8% |
| 2005 | 77.76 SLC | +4.3% |
| 2006 | 79.39 SLC | +2.1% |
| 2007 | 79.7 SLC | +0.4% |
| 2008 | 84.83 SLC | +6.4% |
| 2009 | 86.98 SLC | +2.5% |
| 2010 | 87.75 SLC | +0.9% |
| 2011 | 91.02 SLC | +3.7% |
| 2012 | 98.03 SLC | +7.7% |
| 2013 | 99.4 SLC | +1.4% |
| 2014 | 99.16 SLC | -0.2% |
| 2015 | 100 SLC | +0.9% |
| 2016 | 100.68 SLC | +0.7% |
| 2017 | 100.31 SLC | -0.4% |
| 2018 | 100.99 SLC | +0.7% |
| 2019 | 100.58 SLC | -0.4% |
| 2020 | 103.48 SLC | +2.9% |
| 2021 | 105.15 SLC | +1.6% |
| 2022 | 109.51 SLC | +4.1% |
| 2023 | 113.21 SLC | +3.4% |
| 2024 | 114.99 SLC | +1.6% |
Benin compared with similar countries
- Benin's 114.99 SLC is below the median for lower middle income countries, which is 154.79 SLC, 74% of the median. (41 countries reporting)
- Benin's 114.99 SLC is below the median for Sub-Saharan Africa, which is 149.14 SLC, 77% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices 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 |
|---|---|---|---|
| 1994 | +35.0% | 34.98 SLC | 47.23 SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.24 SLC | 11.39 SLC | 23.9 SLC | 10 |
| 1980s | 33.61 SLC | 27.72 SLC | 36.3 SLC | 10 |
| 1990s | 48.92 SLC | 32.91 SLC | 65.16 SLC | 10 |
| 2000s | 76.63 SLC | 67.99 SLC | 86.98 SLC | 10 |
| 2010s | 97.79 SLC | 87.75 SLC | 100.99 SLC | 10 |
| 2020s | 109.27 SLC | 103.48 SLC | 114.99 SLC | 5 |
Countries ranked near Benin
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0229 units per US$ of GDP (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Benin?
- Gdp deflator — value standard local currency, 2015 prices in Benin was 114.99 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Benin?
- The highest recorded value was 114.99 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Benin?
- The lowest recorded value was 11.39 SLC in 1970.
- How does Benin rank for gdp deflator — value standard local currency, 2015 prices?
- Benin ranks 184th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Benin?
- Over the last ten years it is up 16.0%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).