Gross Domestic Product — Value Standard Local Currency, annual growth in Benin
Benin: Gross Domestic Product — Value Standard Local Currency, annual growth was 9.14 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, annual growth in Benin, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product — value standard local currency, annual growth in Benin is 9.14 % change on previous year, measured in 2024.
The figure is down 8.2% on the previous year and up 50.0% over ten years.
Over the whole period, gross domestic product — value standard local currency, annual growth in Benin peaked at 37.76 % change on previous year in 1994 and was at its lowest, -1.54 % change on previous year, in 1986.
Benin ranks 69th of 218 countries on this measure, 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 — Value Standard Local Currency, annual growth in Benin, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 5.73 % change on previous year | — |
| 1972 | 12.72 % change on previous year | +122.2% |
| 1973 | 8.33 % change on previous year | -34.5% |
| 1974 | 16.01 % change on previous year | +92.2% |
| 1975 | 8.33 % change on previous year | -48.0% |
| 1976 | 18.74 % change on previous year | +124.9% |
| 1977 | 12.57 % change on previous year | -32.9% |
| 1978 | 11.48 % change on previous year | -8.7% |
| 1979 | 14.81 % change on previous year | +29.0% |
| 1980 | 26.91 % change on previous year | +81.7% |
| 1981 | 21.67 % change on previous year | -19.5% |
| 1982 | 17.95 % change on previous year | -17.2% |
| 1983 | 0.1922 % change on previous year | -98.9% |
| 1984 | 10.04 % change on previous year | +5122.8% |
| 1985 | 2.27 % change on previous year | -77.4% |
| 1986 | -1.54 % change on previous year | -167.8% |
| 1987 | 1.52 % change on previous year | -198.4% |
| 1988 | 2.74 % change on previous year | +80.8% |
| 1989 | -0.6704 % change on previous year | -124.4% |
| 1990 | 4.82 % change on previous year | -819.0% |
| 1991 | 5.01 % change on previous year | +4.0% |
| 1992 | 6.07 % change on previous year | +21.1% |
| 1993 | 8.35 % change on previous year | +37.6% |
| 1994 | 37.76 % change on previous year | +352.0% |
| 1995 | 29.73 % change on previous year | -21.3% |
| 1996 | 20.59 % change on previous year | -30.8% |
| 1997 | 18.52 % change on previous year | -10.1% |
| 1998 | 18.29 % change on previous year | -1.2% |
| 1999 | 14.39 % change on previous year | -21.3% |
| 2000 | 10.45 % change on previous year | -27.4% |
| 2001 | 7.41 % change on previous year | -29.1% |
| 2002 | 8.36 % change on previous year | +12.9% |
| 2003 | 6.61 % change on previous year | -20.9% |
| 2004 | 5.23 % change on previous year | -20.8% |
| 2005 | 6.08 % change on previous year | +16.2% |
| 2006 | 6.12 % change on previous year | +0.7% |
| 2007 | 6.4 % change on previous year | +4.6% |
| 2008 | 11.65 % change on previous year | +82.0% |
| 2009 | 4.92 % change on previous year | -57.8% |
| 2010 | 3.01 % change on previous year | -38.7% |
| 2011 | 6.81 % change on previous year | +125.9% |
| 2012 | 12.88 % change on previous year | +89.2% |
| 2013 | 8.69 % change on previous year | -32.5% |
| 2014 | 6.09 % change on previous year | -29.9% |
| 2015 | 2.64 % change on previous year | -56.6% |
| 2016 | 4.05 % change on previous year | +53.0% |
| 2017 | 5.28 % change on previous year | +30.6% |
| 2018 | 7.41 % change on previous year | +40.3% |
| 2019 | 6.44 % change on previous year | -13.1% |
| 2020 | 6.84 % change on previous year | +6.2% |
| 2021 | 8.89 % change on previous year | +30.0% |
| 2022 | 10.65 % change on previous year | +19.8% |
| 2023 | 9.95 % change on previous year | -6.5% |
| 2024 | 9.14 % change on previous year | -8.2% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, annual growth 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 |
|---|---|---|---|
| 1984 | +5122.8% | 0.1922 % change on previous year | 10.04 % change on previous year |
| 1990 | +819.0% | -0.6704 % change on previous year | 4.82 % change on previous year |
| 1994 | +352.0% | 8.35 % change on previous year | 37.76 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.08 % change on previous year | 5.73 % change on previous year | 18.74 % change on previous year | 9 |
| 1980s | 8.11 % change on previous year | -1.54 % change on previous year | 26.91 % change on previous year | 10 |
| 1990s | 16.35 % change on previous year | 4.82 % change on previous year | 37.76 % change on previous year | 10 |
| 2000s | 7.32 % change on previous year | 4.92 % change on previous year | 11.65 % change on previous year | 10 |
| 2010s | 6.33 % change on previous year | 2.64 % change on previous year | 12.88 % change on previous year | 10 |
| 2020s | 9.09 % change on previous year | 6.84 % change on previous year | 10.65 % change on previous year | 5 |
Countries ranked near Benin
- 66 Malta 9.39 % change on previous year compare
- 67 Serbia 9.31 % change on previous year compare
- 68 China, Macao SAR 9.2 % change on previous year compare
- 70 Cabo Verde 9.12 % change on previous year compare
- 71 Sri Lanka 9.04 % change on previous year compare
- 72 China, mainland 8.98 % change on previous year 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, annual growth in Benin?
- Gross domestic product — value standard local currency, annual growth in Benin was 9.14 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, annual growth recorded in Benin?
- The highest recorded value was 37.76 % change on previous year in 1994.
- What is the lowest gross domestic product — value standard local currency, annual growth recorded in Benin?
- The lowest recorded value was -1.54 % change on previous year in 1986.
- How does Benin rank for gross domestic product — value standard local currency, annual growth?
- Benin ranks 69th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency, annual growth rising or falling in Benin?
- Over the last ten years it is up 50.0%. 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, 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. 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 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. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.