Gross Domestic Product — Value US$, 2015 prices in Benin
Benin: Gross Domestic Product — Value US$, 2015 prices was 19,160 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices in Benin, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices in Benin is 19,160 million USD, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 7.5% on the previous year and up 71.2% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Benin peaked at 19,160 million USD in 2024 and was at its lowest, 1,322 million USD, in 1970.
Benin ranks 116th of 203 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices in Benin, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 1,322 million USD | — |
| 1971 | 1,350 million USD | +2.1% |
| 1972 | 1,483 million USD | +9.8% |
| 1973 | 1,546 million USD | +4.3% |
| 1974 | 1,652 million USD | +6.8% |
| 1975 | 1,539 million USD | -6.8% |
| 1976 | 1,560 million USD | +1.4% |
| 1977 | 1,628 million USD | +4.3% |
| 1978 | 1,619 million USD | -0.5% |
| 1979 | 1,749 million USD | +8.0% |
| 1980 | 1,914 million USD | +9.4% |
| 1981 | 2,021 million USD | +5.6% |
| 1982 | 2,239 million USD | +10.8% |
| 1983 | 2,142 million USD | -4.3% |
| 1984 | 2,312 million USD | +7.9% |
| 1985 | 2,486 million USD | +7.5% |
| 1986 | 2,539 million USD | +2.1% |
| 1987 | 2,501 million USD | -1.5% |
| 1988 | 2,577 million USD | +3.0% |
| 1989 | 2,559 million USD | -0.7% |
| 1990 | 2,789 million USD | +9.0% |
| 1991 | 2,906 million USD | +4.2% |
| 1992 | 2,992 million USD | +3.0% |
| 1993 | 3,167 million USD | +5.8% |
| 1994 | 3,231 million USD | +2.0% |
| 1995 | 3,558 million USD | +10.1% |
| 1996 | 4,014 million USD | +12.8% |
| 1997 | 4,589 million USD | +14.3% |
| 1998 | 5,158 million USD | +12.4% |
| 1999 | 5,875 million USD | +13.9% |
| 2000 | 6,219 million USD | +5.9% |
| 2001 | 6,551 million USD | +5.3% |
| 2002 | 6,855 million USD | +4.6% |
| 2003 | 7,091 million USD | +3.4% |
| 2004 | 7,405 million USD | +4.4% |
| 2005 | 7,532 million USD | +1.7% |
| 2006 | 7,829 million USD | +3.9% |
| 2007 | 8,298 million USD | +6.0% |
| 2008 | 8,704 million USD | +4.9% |
| 2009 | 8,906 million USD | +2.3% |
| 2010 | 9,094 million USD | +2.1% |
| 2011 | 9,364 million USD | +3.0% |
| 2012 | 9,815 million USD | +4.8% |
| 2013 | 10,520 million USD | +7.2% |
| 2014 | 11,189 million USD | +6.4% |
| 2015 | 11,388 million USD | +1.8% |
| 2016 | 11,768 million USD | +3.3% |
| 2017 | 12,436 million USD | +5.7% |
| 2018 | 13,269 million USD | +6.7% |
| 2019 | 14,180 million USD | +6.9% |
| 2020 | 14,726 million USD | +3.8% |
| 2021 | 15,779 million USD | +7.2% |
| 2022 | 16,766 million USD | +6.3% |
| 2023 | 17,831 million USD | +6.4% |
| 2024 | 19,160 million USD | +7.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,545 million USD | 1,322 million USD | 1,749 million USD | 10 |
| 1980s | 2,329 million USD | 1,914 million USD | 2,577 million USD | 10 |
| 1990s | 3,828 million USD | 2,789 million USD | 5,875 million USD | 10 |
| 2000s | 7,539 million USD | 6,219 million USD | 8,906 million USD | 10 |
| 2010s | 11,302 million USD | 9,094 million USD | 14,180 million USD | 10 |
| 2020s | 16,852 million USD | 14,726 million USD | 19,160 million USD | 5 |
Countries ranked near Benin
- 113 Bosnia and Herzegovina 21,214 million USD compare
- 114 Mozambique 20,903 million USD compare
- 115 Malta 19,200 million USD compare
- 117 Yemen 18,625 million USD compare
- 118 Burkina Faso 17,989 million USD compare
- 119 Botswana 17,409 million USD 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)
- GDP (constant 2015 US$), annual growth rate 8.07 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8429 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 1,398 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 8.07 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 498.33 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 826,366 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 16.89 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.3281 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Benin?
- Gross domestic product — value us$, 2015 prices in Benin was 19,160 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Benin?
- The highest recorded value was 19,160 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Benin?
- The lowest recorded value was 1,322 million USD in 1970.
- How does Benin rank for gross domestic product — value us$, 2015 prices?
- Benin ranks 116th out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices rising or falling in Benin?
- Over the last ten years it is up 71.2%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).