Gross Domestic Product — Value Standard Local Currency, per unit of in Benin
Benin: Gross Domestic Product — Value Standard Local Currency, per unit of was 0.0006 million SLC per US$ of GDP in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, per unit of in Benin, 1970–2024
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
The most recent figure for gross domestic product — value standard local currency, per unit of in Benin is 0.0006 million SLC per US$ of GDP, measured in 2024.
Compared with earlier readings it is down 0.1% on the previous year and up 22.8% over ten years.
Over the whole period, gross domestic product — value standard local currency, per unit of in Benin peaked at 0.0008 million SLC per US$ of GDP in 1998 and was at its lowest, 0.0002 million SLC per US$ of GDP, in 1979.
That places Benin 27th out of 191 countries with data for 2024, putting it 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, per unit of in Benin, year by year
| Year | million SLC per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0003 million SLC per US$ of GDP | — |
| 1971 | 0.0003 million SLC per US$ of GDP | +5.3% |
| 1972 | 0.0003 million SLC per US$ of GDP | -8.0% |
| 1973 | 0.0002 million SLC per US$ of GDP | -11.9% |
| 1974 | 0.0002 million SLC per US$ of GDP | +5.5% |
| 1975 | 0.0002 million SLC per US$ of GDP | -11.2% |
| 1976 | 0.0002 million SLC per US$ of GDP | +15.1% |
| 1977 | 0.0003 million SLC per US$ of GDP | +4.8% |
| 1978 | 0.0002 million SLC per US$ of GDP | -10.0% |
| 1979 | 0.0002 million SLC per US$ of GDP | -10.1% |
| 1980 | 0.0002 million SLC per US$ of GDP | +7.1% |
| 1981 | 0.0003 million SLC per US$ of GDP | +32.4% |
| 1982 | 0.0004 million SLC per US$ of GDP | +20.1% |
| 1983 | 0.0004 million SLC per US$ of GDP | +16.0% |
| 1984 | 0.0005 million SLC per US$ of GDP | +14.7% |
| 1985 | 0.0005 million SLC per US$ of GDP | +2.8% |
| 1986 | 0.0004 million SLC per US$ of GDP | -22.9% |
| 1987 | 0.0003 million SLC per US$ of GDP | -13.2% |
| 1988 | 0.0003 million SLC per US$ of GDP | -0.9% |
| 1989 | 0.0003 million SLC per US$ of GDP | +7.1% |
| 1990 | 0.0003 million SLC per US$ of GDP | -19.7% |
| 1991 | 0.0003 million SLC per US$ of GDP | +3.6% |
| 1992 | 0.0004 million SLC per US$ of GDP | +24.3% |
| 1993 | 0.0003 million SLC per US$ of GDP | -19.2% |
| 1994 | 0.0006 million SLC per US$ of GDP | +96.1% |
| 1995 | 0.0005 million SLC per US$ of GDP | -4.4% |
| 1996 | 0.0006 million SLC per US$ of GDP | +10.8% |
| 1997 | 0.0007 million SLC per US$ of GDP | +23.4% |
| 1998 | 0.0008 million SLC per US$ of GDP | +9.3% |
| 1999 | 0.0006 million SLC per US$ of GDP | -23.6% |
| 2000 | 0.0007 million SLC per US$ of GDP | +15.4% |
| 2001 | 0.0007 million SLC per US$ of GDP | +3.1% |
| 2002 | 0.0007 million SLC per US$ of GDP | -5.3% |
| 2003 | 0.0006 million SLC per US$ of GDP | -16.4% |
| 2004 | 0.0005 million SLC per US$ of GDP | -9.1% |
| 2005 | 0.0005 million SLC per US$ of GDP | -0.0% |
| 2006 | 0.0005 million SLC per US$ of GDP | -0.9% |
| 2007 | 0.0005 million SLC per US$ of GDP | -8.4% |
| 2008 | 0.0004 million SLC per US$ of GDP | -6.8% |
| 2009 | 0.0005 million SLC per US$ of GDP | +5.4% |
| 2010 | 0.0005 million SLC per US$ of GDP | +5.2% |
| 2011 | 0.0005 million SLC per US$ of GDP | -4.8% |
| 2012 | 0.0005 million SLC per US$ of GDP | +8.3% |
| 2013 | 0.0005 million SLC per US$ of GDP | -3.3% |
| 2014 | 0.0005 million SLC per US$ of GDP | -0.0% |
| 2015 | 0.0006 million SLC per US$ of GDP | +19.7% |
| 2016 | 0.0006 million SLC per US$ of GDP | +0.2% |
| 2017 | 0.0006 million SLC per US$ of GDP | -2.0% |
| 2018 | 0.0006 million SLC per US$ of GDP | -4.3% |
| 2019 | 0.0006 million SLC per US$ of GDP | +5.5% |
| 2020 | 0.0006 million SLC per US$ of GDP | -2.0% |
| 2021 | 0.0006 million SLC per US$ of GDP | -3.4% |
| 2022 | 0.0006 million SLC per US$ of GDP | +12.3% |
| 2023 | 0.0006 million SLC per US$ of GDP | -2.6% |
| 2024 | 0.0006 million SLC per US$ of GDP | -0.1% |
Benin compared with similar countries
- Benin's 0.0006 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, 5.7× the median. (43 countries reporting)
- Benin's 0.0006 million SLC per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.0005 million SLC per US$ of GDP, 1.2× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, per unit of 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 |
|---|---|---|---|
| 1994 | +96.1% | 0.0003 million SLC per US$ of GDP | 0.0006 million SLC per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0002 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP | 0.0003 million SLC per US$ of GDP | 10 |
| 1980s | 0.0004 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP | 0.0005 million SLC per US$ of GDP | 10 |
| 1990s | 0.0005 million SLC per US$ of GDP | 0.0003 million SLC per US$ of GDP | 0.0008 million SLC per US$ of GDP | 10 |
| 2000s | 0.0006 million SLC per US$ of GDP | 0.0004 million SLC per US$ of GDP | 0.0007 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 | 0.0006 million SLC per US$ of GDP | 0.0006 million SLC per US$ of GDP | 0.0006 million SLC per US$ of GDP | 5 |
Countries ranked near Benin
- 24 Angola 0.0008 million SLC per US$ of GDP compare
- 25 Burkina Faso 0.0006 million SLC per US$ of GDP compare
- 26 Central African Republic 0.0006 million SLC per US$ of GDP compare
- 28 Gabon 0.0006 million SLC per US$ of GDP compare
- 29 Niger 0.0006 million SLC per US$ of GDP compare
- 30 Senegal 0.0006 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$) 12.54 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, per unit of in Benin?
- Gross domestic product — value standard local currency, per unit of in Benin was 0.0006 million SLC per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, per unit of recorded in Benin?
- The highest recorded value was 0.0008 million SLC per US$ of GDP in 1998.
- What is the lowest gross domestic product — value standard local currency, per unit of recorded in Benin?
- The lowest recorded value was 0.0002 million SLC per US$ of GDP in 1979.
- How does Benin rank for gross domestic product — value standard local currency, per unit of?
- Benin ranks 27th out of 191 countries with data for 2024.
- Is gross domestic product — value standard local currency, per unit of rising or falling in Benin?
- Over the last ten years it is up 22.8%. 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, 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 divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency ÷ GDP (current US$)
Computed from
- Gross Domestic Product — Value Standard Local Currency 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 divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.