Gross Domestic Product — Value US$ in Benin
Benin: Gross Domestic Product — Value US$ was 21,483 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Benin, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Benin recorded 21,483 million USD for gross domestic product — value us$ in 2024. That is the highest value across all 55 years on record.
The figure is up 9.2% on the previous year and up 61.7% over ten years.
Over the whole period, gross domestic product — value us$ in Benin peaked at 21,483 million USD in 2024 and was at its lowest, 322.06 million USD, in 1970.
Benin ranks 138th of 236 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$ in Benin, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 322.06 million USD | — |
| 1971 | 341.79 million USD | +6.1% |
| 1972 | 420.92 million USD | +23.2% |
| 1973 | 515.61 million USD | +22.5% |
| 1974 | 553.9 million USD | +7.4% |
| 1975 | 673.96 million USD | +21.7% |
| 1976 | 717.76 million USD | +6.5% |
| 1977 | 785.89 million USD | +9.5% |
| 1978 | 953.85 million USD | +21.4% |
| 1979 | 1,162 million USD | +21.8% |
| 1980 | 1,484 million USD | +27.8% |
| 1981 | 1,404 million USD | -5.4% |
| 1982 | 1,370 million USD | -2.5% |
| 1983 | 1,183 million USD | -13.6% |
| 1984 | 1,136 million USD | -4.0% |
| 1985 | 1,130 million USD | -0.5% |
| 1986 | 1,443 million USD | +27.7% |
| 1987 | 1,688 million USD | +17.0% |
| 1988 | 1,750 million USD | +3.7% |
| 1989 | 1,623 million USD | -7.3% |
| 1990 | 1,993 million USD | +22.8% |
| 1991 | 2,020 million USD | +1.4% |
| 1992 | 2,283 million USD | +13.1% |
| 1993 | 2,313 million USD | +1.3% |
| 1994 | 1,625 million USD | -29.7% |
| 1995 | 2,345 million USD | +44.3% |
| 1996 | 2,759 million USD | +17.7% |
| 1997 | 2,866 million USD | +3.9% |
| 1998 | 3,354 million USD | +17.0% |
| 1999 | 3,677 million USD | +9.7% |
| 2000 | 3,520 million USD | -4.3% |
| 2001 | 3,666 million USD | +4.2% |
| 2002 | 4,194 million USD | +14.4% |
| 2003 | 5,349 million USD | +27.5% |
| 2004 | 6,190 million USD | +15.7% |
| 2005 | 6,568 million USD | +6.1% |
| 2006 | 7,034 million USD | +7.1% |
| 2007 | 8,169 million USD | +16.1% |
| 2008 | 9,788 million USD | +19.8% |
| 2009 | 9,739 million USD | -0.5% |
| 2010 | 9,535 million USD | -2.1% |
| 2011 | 10,693 million USD | +12.1% |
| 2012 | 11,141 million USD | +4.2% |
| 2013 | 12,518 million USD | +12.4% |
| 2014 | 13,284 million USD | +6.1% |
| 2015 | 11,388 million USD | -14.3% |
| 2016 | 11,821 million USD | +3.8% |
| 2017 | 12,702 million USD | +7.4% |
| 2018 | 14,262 million USD | +12.3% |
| 2019 | 14,391 million USD | +0.9% |
| 2020 | 15,687 million USD | +9.0% |
| 2021 | 17,688 million USD | +12.8% |
| 2022 | 17,425 million USD | -1.5% |
| 2023 | 19,673 million USD | +12.9% |
| 2024 | 21,483 million USD | +9.2% |
Benin compared with similar countries
- Benin's 21,483 million USD is below the median for lower middle income countries, which is 26,175 million USD, 82% of the median. (44 countries reporting)
- Benin's 21,483 million USD is above the median for Sub-Saharan Africa, which is 17,421 million USD, 1.2× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 644.75 million USD | 322.06 million USD | 1,162 million USD | 10 |
| 1980s | 1,421 million USD | 1,130 million USD | 1,750 million USD | 10 |
| 1990s | 2,523 million USD | 1,625 million USD | 3,677 million USD | 10 |
| 2000s | 6,422 million USD | 3,520 million USD | 9,788 million USD | 10 |
| 2010s | 12,174 million USD | 9,535 million USD | 14,391 million USD | 10 |
| 2020s | 18,391 million USD | 15,687 million USD | 21,483 million USD | 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)
- SDRs holdings, US dollar, annual growth rate -3.83 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0103 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 17.01 units per person (2025)
- SDRs holdings, SDR, annual growth rate -8.42 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0075 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 12.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -0.7436 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0229 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$ in Benin?
- Gross domestic product — value us$ in Benin was 21,483 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Benin?
- The highest recorded value was 21,483 million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Benin?
- The lowest recorded value was 322.06 million USD in 1970.
- How does Benin rank for gross domestic product — value us$?
- Benin ranks 138th out of 236 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Benin?
- Over the last ten years it is up 61.7%. 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$. 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).