Gross domestic product (GDP) in Benin

Benin: Gross domestic product (GDP) was 49.00 billion international-$ in 2021 prices in 2023. ◆ Volatile

Latest (2023)
49.00 billion international-$ in 2021 prices
Change on year
up 5.2%
World rank
123rd
of 184 countries
All-time high
49.00 billion international-$ in 2021 prices
in 2023
All-time low
4.07 billion international-$ in 2021 prices
in 1959
Years of data
65
1959–2023

Gross domestic product (GDP) in Benin, 1959–2023

010.0B20.0B30.0B40.0B50.0B195919912023

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.

Gross domestic product (GDP) in Benin, year by year

Annual values for Gross domestic product (GDP) in Benin, 1959 to 2023.
Year international-$ in 2021 prices Change
1959 4.07 billion international-$ in 2021 prices
1960 4.43 billion international-$ in 2021 prices +9.1%
1961 4.49 billion international-$ in 2021 prices +1.2%
1962 4.37 billion international-$ in 2021 prices -2.6%
1963 4.62 billion international-$ in 2021 prices +5.7%
1964 4.88 billion international-$ in 2021 prices +5.6%
1965 5.29 billion international-$ in 2021 prices +8.4%
1966 5.44 billion international-$ in 2021 prices +2.8%
1967 5.65 billion international-$ in 2021 prices +4.0%
1968 6.10 billion international-$ in 2021 prices +7.9%
1969 6.35 billion international-$ in 2021 prices +4.0%
1970 6.99 billion international-$ in 2021 prices +10.1%
1971 7.15 billion international-$ in 2021 prices +2.4%
1972 7.47 billion international-$ in 2021 prices +4.4%
1973 8.01 billion international-$ in 2021 prices +7.2%
1974 8.71 billion international-$ in 2021 prices +8.8%
1975 7.40 billion international-$ in 2021 prices -15.0%
1976 7.95 billion international-$ in 2021 prices +7.4%
1977 8.22 billion international-$ in 2021 prices +3.4%
1978 7.99 billion international-$ in 2021 prices -2.9%
1979 8.36 billion international-$ in 2021 prices +4.7%
1980 8.96 billion international-$ in 2021 prices +7.2%
1981 11.39 billion international-$ in 2021 prices +27.1%
1982 8.14 billion international-$ in 2021 prices -28.5%
1983 8.03 billion international-$ in 2021 prices -1.3%
1984 8.53 billion international-$ in 2021 prices +6.2%
1985 9.45 billion international-$ in 2021 prices +10.7%
1986 8.25 billion international-$ in 2021 prices -12.7%
1987 7.63 billion international-$ in 2021 prices -7.4%
1988 7.86 billion international-$ in 2021 prices +2.9%
1989 7.10 billion international-$ in 2021 prices -9.7%
1990 7.31 billion international-$ in 2021 prices +2.9%
1991 7.69 billion international-$ in 2021 prices +5.3%
1992 7.95 billion international-$ in 2021 prices +3.4%
1993 8.17 billion international-$ in 2021 prices +2.7%
1994 7.65 billion international-$ in 2021 prices -6.4%
1995 8.44 billion international-$ in 2021 prices +10.3%
1996 9.70 billion international-$ in 2021 prices +14.9%
1997 11.67 billion international-$ in 2021 prices +20.3%
1998 13.34 billion international-$ in 2021 prices +14.3%
1999 15.79 billion international-$ in 2021 prices +18.3%
2000 17.58 billion international-$ in 2021 prices +11.3%
2001 18.92 billion international-$ in 2021 prices +7.7%
2002 20.60 billion international-$ in 2021 prices +8.9%
2003 21.89 billion international-$ in 2021 prices +6.2%
2004 23.66 billion international-$ in 2021 prices +8.1%
2005 24.52 billion international-$ in 2021 prices +3.6%
2006 25.25 billion international-$ in 2021 prices +3.0%
2007 26.71 billion international-$ in 2021 prices +5.8%
2008 27.37 billion international-$ in 2021 prices +2.5%
2009 27.54 billion international-$ in 2021 prices +0.6%
2010 28.54 billion international-$ in 2021 prices +3.6%
2011 29.18 billion international-$ in 2021 prices +2.2%
2012 31.32 billion international-$ in 2021 prices +7.3%
2013 32.67 billion international-$ in 2021 prices +4.3%
2014 35.09 billion international-$ in 2021 prices +7.4%
2015 35.77 billion international-$ in 2021 prices +2.0%
2016 38.10 billion international-$ in 2021 prices +6.5%
2017 38.10 billion international-$ in 2021 prices +0.0%
2018 39.16 billion international-$ in 2021 prices +2.8%
2019 42.15 billion international-$ in 2021 prices +7.6%
2020 42.93 billion international-$ in 2021 prices +1.8%
2021 44.40 billion international-$ in 2021 prices +3.4%
2022 46.59 billion international-$ in 2021 prices +4.9%
2023 49.00 billion international-$ in 2021 prices +5.2%

Benin compared with similar countries

  • Benin's 49.00 billion international-$ in 2021 prices is below the median for lower middle income countries, which is 72.56 billion international-$ in 2021 prices, 68% of the median. (42 countries reporting)
  • Benin's 49.00 billion international-$ in 2021 prices is above the median for Sub-Saharan Africa, which is 45.59 billion international-$ in 2021 prices, 1.1× the median. (47 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP) 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.

YearChange FromTo
1982 -28.5% 11.39 billion international-$ in 2021 prices 8.14 billion international-$ in 2021 prices

Averages by decade

DecadeAverage LowestHighest 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

  1. 120 Madagascar 50.09 billion international-$ in 2021 prices compare
  2. 121 Nicaragua 50.06 billion international-$ in 2021 prices compare
  3. 122 Gabon 49.00 billion international-$ in 2021 prices compare
  4. 124 Macao 46.16 billion international-$ in 2021 prices compare
  5. 125 Botswana 45.59 billion international-$ in 2021 prices compare
  6. 126 Albania 44.90 billion international-$ in 2021 prices compare

See the full ranking of 184 places →

More economy & growth data for Benin

All data for Benin →

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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Gross domestic product (GDP) in Benin. Statizoid, drawing on Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gdp-penn-world-table/benin/

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About this data

Indicator
Gross domestic product (GDP)
Unit
international-$ in 2021 prices
Source
Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 10,907 data points, 1950–2023
Last refreshed

Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.