Gross Domestic Product — Value Standard Local Currency, 2015 prices in Benin
Benin: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.0005 million SLC per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.0005 million SLC per US$ of GDP
Change on year
down 1.6%
World rank
19th
of 193 countries
All-time high
0.0024 million SLC per US$ of GDP
in 1971
All-time low
0.0005 million SLC per US$ of GDP
in 2013
Years of data
55
1970–2024
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Benin, 1970–2024
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Benin stood at 0.0005 million SLC per US$ of GDP.
Compared with earlier readings it is down 1.6% on the previous year and up 5.9% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Benin peaked at 0.0024 million SLC per US$ of GDP in 1971 and was at its lowest, 0.0005 million SLC per US$ of GDP, in 2013.
Benin ranks 19th of 193 countries on this measure, in the top 10%.
The long-run direction has been consistently falling 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 US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0023 million SLC per US$ of GDP | — |
| 1971 | 0.0024 million SLC per US$ of GDP | +1.6% |
| 1972 | 0.0021 million SLC per US$ of GDP | -10.3% |
| 1973 | 0.0018 million SLC per US$ of GDP | -15.1% |
| 1974 | 0.0018 million SLC per US$ of GDP | -2.9% |
| 1975 | 0.0013 million SLC per US$ of GDP | -23.7% |
| 1976 | 0.0013 million SLC per US$ of GDP | -1.7% |
| 1977 | 0.0013 million SLC per US$ of GDP | -2.8% |
| 1978 | 0.001 million SLC per US$ of GDP | -19.7% |
| 1979 | 0.0009 million SLC per US$ of GDP | -15.4% |
| 1980 | 0.0008 million SLC per US$ of GDP | -7.6% |
| 1981 | 0.0009 million SLC per US$ of GDP | +15.0% |
| 1982 | 0.001 million SLC per US$ of GDP | +12.8% |
| 1983 | 0.0012 million SLC per US$ of GDP | +10.7% |
| 1984 | 0.0013 million SLC per US$ of GDP | +12.5% |
| 1985 | 0.0014 million SLC per US$ of GDP | +8.1% |
| 1986 | 0.0011 million SLC per US$ of GDP | -20.1% |
| 1987 | 0.0009 million SLC per US$ of GDP | -15.8% |
| 1988 | 0.0009 million SLC per US$ of GDP | -0.6% |
| 1989 | 0.001 million SLC per US$ of GDP | +7.1% |
| 1990 | 0.0008 million SLC per US$ of GDP | -16.5% |
| 1991 | 0.0009 million SLC per US$ of GDP | +2.8% |
| 1992 | 0.001 million SLC per US$ of GDP | +20.6% |
| 1993 | 0.0008 million SLC per US$ of GDP | -21.1% |
| 1994 | 0.0012 million SLC per US$ of GDP | +45.2% |
| 1995 | 0.001 million SLC per US$ of GDP | -18.9% |
| 1996 | 0.001 million SLC per US$ of GDP | +3.7% |
| 1997 | 0.0012 million SLC per US$ of GDP | +19.0% |
| 1998 | 0.0012 million SLC per US$ of GDP | +3.9% |
| 1999 | 0.0009 million SLC per US$ of GDP | -24.0% |
| 2000 | 0.001 million SLC per US$ of GDP | +10.6% |
| 2001 | 0.0011 million SLC per US$ of GDP | +1.1% |
| 2002 | 0.001 million SLC per US$ of GDP | -8.5% |
| 2003 | 0.0008 million SLC per US$ of GDP | -18.9% |
| 2004 | 0.0007 million SLC per US$ of GDP | -9.8% |
| 2005 | 0.0007 million SLC per US$ of GDP | -4.1% |
| 2006 | 0.0007 million SLC per US$ of GDP | -2.9% |
| 2007 | 0.0006 million SLC per US$ of GDP | -8.7% |
| 2008 | 0.0005 million SLC per US$ of GDP | -12.5% |
| 2009 | 0.0005 million SLC per US$ of GDP | +2.8% |
| 2010 | 0.0006 million SLC per US$ of GDP | +4.3% |
| 2011 | 0.0005 million SLC per US$ of GDP | -8.2% |
| 2012 | 0.0005 million SLC per US$ of GDP | +0.6% |
| 2013 | 0.0005 million SLC per US$ of GDP | -4.6% |
| 2014 | 0.0005 million SLC per US$ of GDP | +0.2% |
| 2015 | 0.0006 million SLC per US$ of GDP | +18.7% |
| 2016 | 0.0006 million SLC per US$ of GDP | -0.4% |
| 2017 | 0.0006 million SLC per US$ of GDP | -1.7% |
| 2018 | 0.0006 million SLC per US$ of GDP | -5.0% |
| 2019 | 0.0006 million SLC per US$ of GDP | +5.9% |
| 2020 | 0.0006 million SLC per US$ of GDP | -4.7% |
| 2021 | 0.0005 million SLC per US$ of GDP | -5.0% |
| 2022 | 0.0006 million SLC per US$ of GDP | +7.9% |
| 2023 | 0.0005 million SLC per US$ of GDP | -5.8% |
| 2024 | 0.0005 million SLC per US$ of GDP | -1.6% |
Benin compared with similar countries
- Benin's 0.0005 million SLC per US$ of GDP is above the median for lower middle income countries, which is 0.0001 million SLC per US$ of GDP, 9.2× the median. (44 countries reporting)
- Benin's 0.0005 million SLC per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.0004 million SLC per US$ of GDP, 1.3× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0016 million SLC per US$ of GDP | 0.0009 million SLC per US$ of GDP | 0.0024 million SLC per US$ of GDP | 10 |
| 1980s | 0.0011 million SLC per US$ of GDP | 0.0008 million SLC per US$ of GDP | 0.0014 million SLC per US$ of GDP | 10 |
| 1990s | 0.001 million SLC per US$ of GDP | 0.0008 million SLC per US$ of GDP | 0.0012 million SLC per US$ of GDP | 10 |
| 2000s | 0.0008 million SLC per US$ of GDP | 0.0005 million SLC per US$ of GDP | 0.0011 million SLC per US$ of GDP | 10 |
| 2010s | 0.0005 million SLC per US$ of GDP | 0.0005 million SLC per US$ of GDP | 0.0006 million SLC per US$ of GDP | 10 |
| 2020s | 0.0005 million SLC per US$ of GDP | 0.0005 million SLC per US$ of GDP | 0.0006 million SLC per US$ of GDP | 5 |
Countries ranked near Benin
- 16 Iraq 0.0008 million SLC per US$ of GDP compare
- 17 Rwanda 0.0007 million SLC per US$ of GDP compare
- 18 Chile 0.0006 million SLC per US$ of GDP compare
- 20 Malawi 0.0005 million SLC per US$ of GDP compare
- 21 Senegal 0.0005 million SLC per US$ of GDP compare
- 22 Cote d'Ivoire 0.0005 million SLC per US$ of GDP 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$) 12.54 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Benin?
- Gross domestic product — value standard local currency, 2015 prices in Benin was 0.0005 million SLC per US$ of GDP 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 0.0024 million SLC per US$ of GDP in 1971.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Benin?
- The lowest recorded value was 0.0005 million SLC per US$ of GDP in 2013.
- How does Benin rank for gross domestic product — value standard local currency, 2015 prices?
- Benin ranks 19th out of 193 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 5.9%. The long-run trend across the full record is falling.
- 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 unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency, 2015 prices ÷ GDP (current US$)
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.