Gross Domestic Product — Value Standard Local Currency, 2015 prices in Benin
Benin: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.7832 million SLC per person in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Benin, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Benin is 0.7832 million SLC per person, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 4.8% on the previous year and up 30.6% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Benin peaked at 0.7832 million SLC per person in 2024 and was at its lowest, 0.2546 million SLC per person, in 1971.
Benin ranks 34th of 194 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Benin, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.2551 million SLC per person | — |
| 1971 | 0.2546 million SLC per person | -0.2% |
| 1972 | 0.2733 million SLC per person | +7.3% |
| 1973 | 0.2785 million SLC per person | +1.9% |
| 1974 | 0.2904 million SLC per person | +4.3% |
| 1975 | 0.264 million SLC per person | -9.1% |
| 1976 | 0.2612 million SLC per person | -1.1% |
| 1977 | 0.2656 million SLC per person | +1.7% |
| 1978 | 0.2575 million SLC per person | -3.1% |
| 1979 | 0.2708 million SLC per person | +5.2% |
| 1980 | 0.2882 million SLC per person | +6.4% |
| 1981 | 0.2959 million SLC per person | +2.7% |
| 1982 | 0.3185 million SLC per person | +7.6% |
| 1983 | 0.296 million SLC per person | -7.1% |
| 1984 | 0.3102 million SLC per person | +4.8% |
| 1985 | 0.3239 million SLC per person | +4.4% |
| 1986 | 0.3211 million SLC per person | -0.9% |
| 1987 | 0.3069 million SLC per person | -4.4% |
| 1988 | 0.3067 million SLC per person | -0.1% |
| 1989 | 0.2954 million SLC per person | -3.7% |
| 1990 | 0.3122 million SLC per person | +5.7% |
| 1991 | 0.3155 million SLC per person | +1.1% |
| 1992 | 0.3149 million SLC per person | -0.2% |
| 1993 | 0.3188 million SLC per person | +1.2% |
| 1994 | 0.3133 million SLC per person | -1.7% |
| 1995 | 0.3379 million SLC per person | +7.8% |
| 1996 | 0.3713 million SLC per person | +9.9% |
| 1997 | 0.4121 million SLC per person | +11.0% |
| 1998 | 0.4492 million SLC per person | +9.0% |
| 1999 | 0.496 million SLC per person | +10.4% |
| 2000 | 0.5092 million SLC per person | +2.7% |
| 2001 | 0.5202 million SLC per person | +2.2% |
| 2002 | 0.528 million SLC per person | +1.5% |
| 2003 | 0.5298 million SLC per person | +0.3% |
| 2004 | 0.5366 million SLC per person | +1.3% |
| 2005 | 0.5285 million SLC per person | -1.5% |
| 2006 | 0.5325 million SLC per person | +0.8% |
| 2007 | 0.5479 million SLC per person | +2.9% |
| 2008 | 0.5576 million SLC per person | +1.8% |
| 2009 | 0.5537 million SLC per person | -0.7% |
| 2010 | 0.5488 million SLC per person | -0.9% |
| 2011 | 0.5485 million SLC per person | -0.1% |
| 2012 | 0.5581 million SLC per person | +1.7% |
| 2013 | 0.5808 million SLC per person | +4.1% |
| 2014 | 0.5997 million SLC per person | +3.3% |
| 2015 | 0.5926 million SLC per person | -1.2% |
| 2016 | 0.5948 million SLC per person | +0.4% |
| 2017 | 0.6107 million SLC per person | +2.7% |
| 2018 | 0.6335 million SLC per person | +3.7% |
| 2019 | 0.6587 million SLC per person | +4.0% |
| 2020 | 0.6661 million SLC per person | +1.1% |
| 2021 | 0.6955 million SLC per person | +4.4% |
| 2022 | 0.7204 million SLC per person | +3.6% |
| 2023 | 0.7471 million SLC per person | +3.7% |
| 2024 | 0.7832 million SLC per person | +4.8% |
Benin compared with similar countries
- Benin's 0.7832 million SLC per person is above the median for lower middle income countries, which is 0.1359 million SLC per person, 5.8× the median. (44 countries reporting)
- Benin's 0.7832 million SLC per person is above the median for Sub-Saharan Africa, which is 0.3487 million SLC per person, 2.2× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2671 million SLC per person | 0.2546 million SLC per person | 0.2904 million SLC per person | 10 |
| 1980s | 0.3063 million SLC per person | 0.2882 million SLC per person | 0.3239 million SLC per person | 10 |
| 1990s | 0.3641 million SLC per person | 0.3122 million SLC per person | 0.496 million SLC per person | 10 |
| 2000s | 0.5344 million SLC per person | 0.5092 million SLC per person | 0.5576 million SLC per person | 10 |
| 2010s | 0.5926 million SLC per person | 0.5485 million SLC per person | 0.6587 million SLC per person | 10 |
| 2020s | 0.7225 million SLC per person | 0.6661 million SLC per person | 0.7832 million SLC per person | 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 0.7832 million SLC per person 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 0.7832 million SLC per person in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Benin?
- The lowest recorded value was 0.2546 million SLC per person in 1971.
- How does Benin rank for gross domestic product — value standard local currency, 2015 prices?
- Benin ranks 34th out of 194 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 30.6%. The long-run trend across the full record is rising.
- 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, per capita. Statizoid updates them automatically from the source API.
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CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.