Merchandise trade as a proportion of GDP (%) in Benin
Benin: Merchandise trade as a proportion of GDP (%) was 41.9% in 2024. ▲ Rising
Latest (2024)
41.9%
Change on year
down 11.4%
World rank
151st
of 220 countries
All-time high
54.1%
in 2018
All-time low
23.6%
in 2004
Years of data
25
2000–2024
Merchandise trade as a proportion of GDP in Benin, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for merchandise trade as a proportion of gdp in Benin is 41.9%, measured in 2024.
The figure is down 11.4% on the previous year and down 12.9% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Benin peaked at 54.1% in 2018 and was at its lowest, 23.6%, in 2004.
Benin ranks 151st of 220 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Merchandise trade as a proportion of GDP (%) in Benin, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 28.6% | — |
| 2001 | 27.2% | -4.8% |
| 2002 | 28.0% | +2.8% |
| 2003 | 26.8% | -4.2% |
| 2004 | 23.6% | -11.8% |
| 2005 | 24.3% | +2.8% |
| 2006 | 27.9% | +14.9% |
| 2007 | 37.8% | +35.2% |
| 2008 | 36.5% | -3.4% |
| 2009 | 33.8% | -7.4% |
| 2010 | 35.0% | +3.6% |
| 2011 | 33.1% | -5.4% |
| 2012 | 33.9% | +2.6% |
| 2013 | 39.9% | +17.5% |
| 2014 | 48.1% | +20.6% |
| 2015 | 37.3% | -22.5% |
| 2016 | 39.3% | +5.5% |
| 2017 | 45.0% | +14.4% |
| 2018 | 54.1% | +20.4% |
| 2019 | 48.5% | -10.3% |
| 2020 | 41.8% | -13.9% |
| 2021 | 46.1% | +10.3% |
| 2022 | 49.5% | +7.5% |
| 2023 | 47.3% | -4.6% |
| 2024 | 41.9% | -11.4% |
Benin compared with similar countries
- Benin's 41.9% is below the median for lower middle income countries, which is 56.4%, 74% of the median. (43 countries reporting)
- Benin's 41.9% is below the median for Sub-Saharan Africa, which is 43.1%, 97% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.4% | 23.6% | 37.8% | 10 |
| 2010s | 41.4% | 33.1% | 54.1% | 10 |
| 2020s | 45.3% | 41.8% | 49.5% | 5 |
Countries ranked near Benin
- 149 Madagascar 42.6% compare
- 150 Dominica 42.2% compare
- 152 Guatemala 41.6% compare
- 153 Jamaica 41.6% compare
- 154 Saint Lucia 41.4% compare
More economy & growth data for Benin
- Real gdp growth, annual growth rate 17.31 % change on previous year (2024)
- 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)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Benin?
- Merchandise trade as a proportion of gdp in Benin was 41.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Benin?
- The highest recorded value was 54.1% in 2018.
- What is the lowest merchandise trade as a proportion of gdp recorded in Benin?
- The lowest recorded value was 23.6% in 2004.
- How does Benin rank for merchandise trade as a proportion of gdp?
- Benin ranks 151st out of 220 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Benin?
- Over the last ten years it is down 12.9%. The long-run trend across the full record is rising.
- Where does this Benin data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).