Gross domestic product (GDP), annual growth rate in Benin
Benin: Gross domestic product (GDP), annual growth rate was 5.18 % change on previous year in 2023. ◆ Volatile
Gross domestic product (GDP), annual growth rate in Benin, 1960–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Benin recorded 5.18 % change on previous year for gross domestic product (gdp), annual growth rate in 2023.
The figure is up 5.1% on the previous year and up 19.6% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Benin peaked at 27.1 % change on previous year in 1981 and was at its lowest, -28.53 % change on previous year, in 1982.
Benin ranks 49th of 184 countries on this measure, 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), annual growth rate in Benin, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1960 | 9.08 % change on previous year | — |
| 1961 | 1.22 % change on previous year | -86.6% |
| 1962 | -2.59 % change on previous year | -313.2% |
| 1963 | 5.72 % change on previous year | -320.7% |
| 1964 | 5.62 % change on previous year | -1.7% |
| 1965 | 8.38 % change on previous year | +49.0% |
| 1966 | 2.78 % change on previous year | -66.8% |
| 1967 | 3.96 % change on previous year | +42.5% |
| 1968 | 7.89 % change on previous year | +99.0% |
| 1969 | 4.02 % change on previous year | -49.1% |
| 1970 | 10.1 % change on previous year | +151.6% |
| 1971 | 2.37 % change on previous year | -76.6% |
| 1972 | 4.44 % change on previous year | +87.6% |
| 1973 | 7.22 % change on previous year | +62.6% |
| 1974 | 8.77 % change on previous year | +21.6% |
| 1975 | -15 % change on previous year | -271.0% |
| 1976 | 7.4 % change on previous year | -149.4% |
| 1977 | 3.43 % change on previous year | -53.7% |
| 1978 | -2.9 % change on previous year | -184.6% |
| 1979 | 4.7 % change on previous year | -261.9% |
| 1980 | 7.2 % change on previous year | +53.2% |
| 1981 | 27.1 % change on previous year | +276.6% |
| 1982 | -28.53 % change on previous year | -205.3% |
| 1983 | -1.32 % change on previous year | -95.4% |
| 1984 | 6.19 % change on previous year | -568.7% |
| 1985 | 10.73 % change on previous year | +73.3% |
| 1986 | -12.7 % change on previous year | -218.4% |
| 1987 | -7.44 % change on previous year | -41.4% |
| 1988 | 2.94 % change on previous year | -139.5% |
| 1989 | -9.65 % change on previous year | -428.2% |
| 1990 | 2.91 % change on previous year | -130.2% |
| 1991 | 5.3 % change on previous year | +82.1% |
| 1992 | 3.4 % change on previous year | -35.9% |
| 1993 | 2.75 % change on previous year | -19.2% |
| 1994 | -6.37 % change on previous year | -332.1% |
| 1995 | 10.35 % change on previous year | -262.4% |
| 1996 | 14.87 % change on previous year | +43.7% |
| 1997 | 20.33 % change on previous year | +36.8% |
| 1998 | 14.31 % change on previous year | -29.6% |
| 1999 | 18.33 % change on previous year | +28.1% |
| 2000 | 11.34 % change on previous year | -38.1% |
| 2001 | 7.65 % change on previous year | -32.6% |
| 2002 | 8.9 % change on previous year | +16.3% |
| 2003 | 6.22 % change on previous year | -30.1% |
| 2004 | 8.1 % change on previous year | +30.1% |
| 2005 | 3.63 % change on previous year | -55.1% |
| 2006 | 2.98 % change on previous year | -18.1% |
| 2007 | 5.81 % change on previous year | +95.1% |
| 2008 | 2.45 % change on previous year | -57.8% |
| 2009 | 0.6233 % change on previous year | -74.6% |
| 2010 | 3.64 % change on previous year | +484.7% |
| 2011 | 2.22 % change on previous year | -39.1% |
| 2012 | 7.33 % change on previous year | +230.2% |
| 2013 | 4.33 % change on previous year | -40.9% |
| 2014 | 7.39 % change on previous year | +70.6% |
| 2015 | 1.95 % change on previous year | -73.6% |
| 2016 | 6.51 % change on previous year | +233.4% |
| 2017 | 0.0029 % change on previous year | -100.0% |
| 2018 | 2.77 % change on previous year | +95906.5% |
| 2019 | 7.65 % change on previous year | +175.9% |
| 2020 | 1.84 % change on previous year | -75.9% |
| 2021 | 3.42 % change on previous year | +85.4% |
| 2022 | 4.93 % change on previous year | +44.1% |
| 2023 | 5.18 % change on previous year | +5.1% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate 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 |
|---|---|---|---|
| 2018 | +95906.5% | 0.0029 % change on previous year | 2.77 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.61 % change on previous year | -2.59 % change on previous year | 9.08 % change on previous year | 10 |
| 1970s | 3.05 % change on previous year | -15 % change on previous year | 10.1 % change on previous year | 10 |
| 1980s | -0.5499 % change on previous year | -28.53 % change on previous year | 27.1 % change on previous year | 10 |
| 1990s | 8.62 % change on previous year | -6.37 % change on previous year | 20.33 % change on previous year | 10 |
| 2000s | 5.77 % change on previous year | 0.6233 % change on previous year | 11.34 % change on previous year | 10 |
| 2010s | 4.38 % change on previous year | 0.0029 % change on previous year | 7.65 % change on previous year | 10 |
| 2020s | 3.84 % change on previous year | 1.84 % change on previous year | 5.18 % change on previous year | 4 |
Countries ranked near Benin
- 46 Russia 5.32 % change on previous year compare
- 47 Nicaragua 5.26 % change on previous year compare
- 48 Uzbekistan 5.18 % change on previous year compare
- 50 Zimbabwe 5.17 % change on previous year compare
- 51 China 5.13 % change on previous year compare
- 52 Mozambique 4.93 % 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 gross domestic product (gdp), annual growth rate in Benin?
- Gross domestic product (gdp), annual growth rate in Benin was 5.18 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Benin?
- The highest recorded value was 27.1 % change on previous year in 1981.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Benin?
- The lowest recorded value was -28.53 % change on previous year in 1982.
- How does Benin rank for gross domestic product (gdp), annual growth rate?
- Benin ranks 49th out of 184 countries with data for 2023.
- Is gross domestic product (gdp), annual growth rate rising or falling in Benin?
- Over the last ten years it is up 19.6%. 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 Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 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 Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
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 Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.