Gross domestic product (GDP) in Benin
Benin: Gross domestic product (GDP) was 49.00 billion international-$ in 2021 prices in 2023. ◆ Volatile
Gross domestic product (GDP) in Benin, 1959–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2023, gross domestic product (gdp) in Benin stood at 49.00 billion international-$ in 2021 prices. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 5.2% on the previous year and up 50.0% over ten years.
Over the whole period, gross domestic product (gdp) in Benin peaked at 49.00 billion international-$ in 2021 prices in 2023 and was at its lowest, 4.07 billion international-$ in 2021 prices, in 1959.
That places Benin 123rd out of 184 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 4.07 billion international-$ in 2021 prices | 4.07 billion international-$ in 2021 prices | 4.07 billion international-$ in 2021 prices | 1 |
| 1960s | 5.16 billion international-$ in 2021 prices | 4.37 billion international-$ in 2021 prices | 6.35 billion international-$ in 2021 prices | 10 |
| 1970s | 7.83 billion international-$ in 2021 prices | 6.99 billion international-$ in 2021 prices | 8.71 billion international-$ in 2021 prices | 10 |
| 1980s | 8.53 billion international-$ in 2021 prices | 7.10 billion international-$ in 2021 prices | 11.39 billion international-$ in 2021 prices | 10 |
| 1990s | 9.77 billion international-$ in 2021 prices | 7.31 billion international-$ in 2021 prices | 15.79 billion international-$ in 2021 prices | 10 |
| 2000s | 23.40 billion international-$ in 2021 prices | 17.58 billion international-$ in 2021 prices | 27.54 billion international-$ in 2021 prices | 10 |
| 2010s | 35.01 billion international-$ in 2021 prices | 28.54 billion international-$ in 2021 prices | 42.15 billion international-$ in 2021 prices | 10 |
| 2020s | 45.73 billion international-$ in 2021 prices | 42.93 billion international-$ in 2021 prices | 49.00 billion international-$ in 2021 prices | 4 |
Countries ranked near Benin
- 120 Madagascar 50.09 billion international-$ in 2021 prices compare
- 121 Nicaragua 50.06 billion international-$ in 2021 prices compare
- 122 Gabon 49.00 billion international-$ in 2021 prices compare
- 124 Macao 46.16 billion international-$ in 2021 prices compare
- 125 Botswana 45.59 billion international-$ in 2021 prices compare
- 126 Albania 44.90 billion international-$ in 2021 prices compare
More economy & growth data for Benin
- External balance on goods and services as a percent of GDP -3.0% (2025)
- Inflation of consumer prices 1.1% (2025)
- GDP per capita 1,398 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 10.2% (2025)
- Gross domestic product (GDP) 20.71 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 1,398 constant 2015 US$ (2025)
- DEC alternative conversion factor 581.93 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 178.36 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 306.50 million current US$ (2025)
- Taxes less subsidies on products 1.36 trillion current LCU (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Benin?
- Gross domestic product (gdp) in Benin was 49.00 billion international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Benin?
- The highest recorded value was 49.00 billion international-$ in 2021 prices in 2023.
- What is the lowest gross domestic product (gdp) recorded in Benin?
- The lowest recorded value was 4.07 billion international-$ in 2021 prices in 1959.
- How does Benin rank for gross domestic product (gdp)?
- Benin ranks 123rd out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Benin?
- Over the last ten years it is up 50.0%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.