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% |
Benin compared with similar countries
- Benin's 8,439 is above the median for lower middle income countries, which is 933.12, 9.0× the median. (46 countries reporting)
- Benin's 8,439 is above the median for Sub-Saharan Africa, which is 5,309, 1.6× the median. (48 countries reporting)
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)
- 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 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.