Gross Domestic Product — Value Standard Local Currency, 2015 prices in Benin
Benin: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 7.45 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Benin, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Benin stood at 7.45 % change on previous year.
That represents a change of up 17.3% on the previous year and up 17.2% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Benin peaked at 14.32 % change on previous year in 1997 and was at its lowest, -6.84 % change on previous year, in 1975.
Benin ranks 10th of 223 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Benin, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 2.08 % change on previous year | — |
| 1972 | 9.82 % change on previous year | +371.4% |
| 1973 | 4.31 % change on previous year | -56.1% |
| 1974 | 6.8 % change on previous year | +57.7% |
| 1975 | -6.84 % change on previous year | -200.7% |
| 1976 | 1.42 % change on previous year | -120.7% |
| 1977 | 4.33 % change on previous year | +206.2% |
| 1978 | -0.5303 % change on previous year | -112.2% |
| 1979 | 8.01 % change on previous year | -1610.2% |
| 1980 | 9.42 % change on previous year | +17.6% |
| 1981 | 5.62 % change on previous year | -40.3% |
| 1982 | 10.78 % change on previous year | +91.7% |
| 1983 | -4.35 % change on previous year | -140.3% |
| 1984 | 7.93 % change on previous year | -282.5% |
| 1985 | 7.53 % change on previous year | -5.1% |
| 1986 | 2.15 % change on previous year | -71.5% |
| 1987 | -1.5 % change on previous year | -169.8% |
| 1988 | 3.03 % change on previous year | -302.3% |
| 1989 | -0.7075 % change on previous year | -123.3% |
| 1990 | 8.98 % change on previous year | -1368.7% |
| 1991 | 4.23 % change on previous year | -52.9% |
| 1992 | 2.96 % change on previous year | -30.0% |
| 1993 | 5.84 % change on previous year | +97.3% |
| 1994 | 2.02 % change on previous year | -65.4% |
| 1995 | 10.13 % change on previous year | +401.5% |
| 1996 | 12.81 % change on previous year | +26.4% |
| 1997 | 14.32 % change on previous year | +11.8% |
| 1998 | 12.4 % change on previous year | -13.4% |
| 1999 | 13.9 % change on previous year | +12.0% |
| 2000 | 5.86 % change on previous year | -57.9% |
| 2001 | 5.33 % change on previous year | -9.0% |
| 2002 | 4.64 % change on previous year | -12.9% |
| 2003 | 3.44 % change on previous year | -25.8% |
| 2004 | 4.43 % change on previous year | +28.6% |
| 2005 | 1.71 % change on previous year | -61.3% |
| 2006 | 3.94 % change on previous year | +130.2% |
| 2007 | 5.99 % change on previous year | +51.8% |
| 2008 | 4.9 % change on previous year | -18.2% |
| 2009 | 2.32 % change on previous year | -52.6% |
| 2010 | 2.11 % change on previous year | -8.9% |
| 2011 | 2.96 % change on previous year | +40.2% |
| 2012 | 4.81 % change on previous year | +62.3% |
| 2013 | 7.19 % change on previous year | +49.5% |
| 2014 | 6.36 % change on previous year | -11.6% |
| 2015 | 1.78 % change on previous year | -72.0% |
| 2016 | 3.34 % change on previous year | +87.8% |
| 2017 | 5.67 % change on previous year | +69.8% |
| 2018 | 6.7 % change on previous year | +18.1% |
| 2019 | 6.87 % change on previous year | +2.5% |
| 2020 | 3.85 % change on previous year | -43.9% |
| 2021 | 7.16 % change on previous year | +85.9% |
| 2022 | 6.25 % change on previous year | -12.6% |
| 2023 | 6.35 % change on previous year | +1.6% |
| 2024 | 7.45 % change on previous year | +17.3% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, 2015 prices 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 |
|---|---|---|---|
| 1979 | +1610.2% | -0.5303 % change on previous year | 8.01 % change on previous year |
| 1990 | +1368.7% | -0.7075 % change on previous year | 8.98 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.27 % change on previous year | -6.84 % change on previous year | 9.82 % change on previous year | 9 |
| 1980s | 3.99 % change on previous year | -4.35 % change on previous year | 10.78 % change on previous year | 10 |
| 1990s | 8.76 % change on previous year | 2.02 % change on previous year | 14.32 % change on previous year | 10 |
| 2000s | 4.26 % change on previous year | 1.71 % change on previous year | 5.99 % change on previous year | 10 |
| 2010s | 4.78 % change on previous year | 1.78 % change on previous year | 7.19 % change on previous year | 10 |
| 2020s | 6.21 % change on previous year | 3.85 % change on previous year | 7.45 % change on previous year | 5 |
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)
- 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 — value standard local currency, 2015 prices in Benin?
- Gross domestic product — value standard local currency, 2015 prices in Benin was 7.45 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Benin?
- The highest recorded value was 14.32 % change on previous year in 1997.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Benin?
- The lowest recorded value was -6.84 % change on previous year in 1975.
- How does Benin rank for gross domestic product — value standard local currency, 2015 prices?
- Benin ranks 10th out of 223 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Benin?
- Over the last ten years it is up 17.2%. 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 — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
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 — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.