Gross domestic product (GDP), Current prices, Domestic currency in Benin
Benin: Gross domestic product (GDP), Current prices, Domestic currency was 8,439 in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Benin, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, gross domestic product (gdp), current prices, domestic currency in Benin stood at 8,439. That is the highest value across all 60 years on record.
The figure is up 6.5% on the previous year and up 151.8% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Benin peaked at 8,439 in 2019 and was at its lowest, 49.01, in 1960.
That places Benin 51st out of 194 countries with data for 2019, 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), Current prices, Domestic currency in Benin, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 49.01 | — |
| 1961 | 50.24 | +2.5% |
| 1962 | 49.59 | -1.3% |
| 1963 | 53.03 | +6.9% |
| 1964 | 55.74 | +5.1% |
| 1965 | 60.74 | +9.0% |
| 1966 | 61.99 | +2.1% |
| 1967 | 64.55 | +4.1% |
| 1968 | 72.06 | +11.6% |
| 1969 | 79.28 | +10.0% |
| 1970 | 89.02 | +12.3% |
| 1971 | 94.11 | +5.7% |
| 1972 | 106.08 | +12.7% |
| 1973 | 114.92 | +8.3% |
| 1974 | 133.33 | +16.0% |
| 1975 | 144.44 | +8.3% |
| 1976 | 171.51 | +18.7% |
| 1977 | 193.08 | +12.6% |
| 1978 | 215.24 | +11.5% |
| 1979 | 247.13 | +14.8% |
| 1980 | 313.63 | +26.9% |
| 1981 | 381.59 | +21.7% |
| 1982 | 450.07 | +17.9% |
| 1983 | 450.94 | +0.2% |
| 1984 | 496.2 | +10.0% |
| 1985 | 507.48 | +2.3% |
| 1986 | 499.65 | -1.5% |
| 1987 | 507.24 | +1.5% |
| 1988 | 521.15 | +2.7% |
| 1989 | 517.66 | -0.7% |
| 1990 | 542.61 | +4.8% |
| 1991 | 569.82 | +5.0% |
| 1992 | 604.42 | +6.1% |
| 1993 | 654.91 | +8.4% |
| 1994 | 902.19 | +37.8% |
| 1995 | 1,170 | +29.7% |
| 1996 | 1,305 | +11.5% |
| 1997 | 1,431 | +9.6% |
| 1998 | 1,565 | +9.4% |
| 1999 | 1,656 | +5.8% |
| 2000 | 1,829 | +10.5% |
| 2001 | 1,965 | +7.4% |
| 2002 | 2,129 | +8.4% |
| 2003 | 2,270 | +6.6% |
| 2004 | 2,389 | +5.2% |
| 2005 | 2,534 | +6.1% |
| 2006 | 2,689 | +6.1% |
| 2007 | 2,861 | +6.4% |
| 2008 | 3,194 | +11.6% |
| 2009 | 3,351 | +4.9% |
| 2010 | 3,452 | +3.0% |
| 2011 | 3,913 | +13.3% |
| 2012 | 4,667 | +19.3% |
| 2013 | 5,380 | +15.3% |
| 2014 | 6,005 | +11.6% |
| 2015 | 6,733 | +12.1% |
| 2016 | 7,005 | +4.0% |
| 2017 | 7,375 | +5.3% |
| 2018 | 7,922 | +7.4% |
| 2019 | 8,439 | +6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 59.62 | 49.01 | 79.28 | 10 |
| 1970s | 150.89 | 89.02 | 247.13 | 10 |
| 1980s | 464.56 | 313.63 | 521.15 | 10 |
| 1990s | 1,040 | 542.61 | 1,656 | 10 |
| 2000s | 2,521 | 1,829 | 3,351 | 10 |
| 2010s | 6,089 | 3,452 | 8,439 | 10 |
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)
- Exports of goods and services (current LCU), annual growth rate -0.6642 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 99.23 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 164,555 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate -0.6225 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.166 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 275.24 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 16.88 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.3543 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency in Benin?
- Gross domestic product (gdp), current prices, domestic currency in Benin was 8,439 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Benin?
- The highest recorded value was 8,439 in 2019.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Benin?
- The lowest recorded value was 49.01 in 1960.
- How does Benin rank for gross domestic product (gdp), current prices, domestic currency?
- Benin ranks 51st out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Benin?
- Over the last ten years it is up 151.8%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Current prices, Domestic currency. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.