Mining and quarrying, value added in Benin

Benin: Mining and quarrying, value added was 7.44 billion current LCU in 2010. ◆ Volatile

Latest (2010)
7.44 billion current LCU
Change on year
up 2.2%
World rank
37th
of 50 countries
All-time high
23.70 billion current LCU
in 1984
All-time low
100.00 million current LCU
in 1971
Years of data
40
1971–2010

Mining and quarrying, value added in Benin, 1971–2010

05.0B10.0B15.0B20.0B25.0B1971199020101971: 100.0M current LCU1972: 100.0M current LCU1973: 200.0M current LCU1974: 200.0M current LCU1975: 200.0M current LCU1976: 300.0M current LCU1977: 300.0M current LCU1978: 300.0M current LCU1979: 300.0M current LCU1980: 600.0M current LCU1981: 600.0M current LCU1982: 800.0M current LCU1983: 9.6B current LCU1984: 23.7B current LCU1985: 22.0B current LCU1986: 3.8B current LCU1987: 5.2B current LCU1988: 5.2B current LCU1989: 4.4B current LCU1990: 4.9B current LCU1991: 4.4B current LCU1992: 3.4B current LCU1993: 3.7B current LCU1994: 5.7B current LCU1995: 5.4B current LCU1996: 5.9B current LCU1997: 5.8B current LCU1998: 4.0B current LCU1999: 3.3B current LCU2000: 3.7B current LCU2001: 4.0B current LCU2002: 4.3B current LCU2003: 4.7B current LCU2004: 5.0B current LCU2005: 5.3B current LCU2006: 5.8B current LCU2007: 6.3B current LCU2008: 6.9B current LCU2009: 7.3B current LCU2010: 7.4B current LCU

Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.

Analysis

Benin recorded 7.44 billion current LCU for mining and quarrying, value added in 2010.

That represents a change of up 2.2% on the previous year and up 102.3% over ten years.

Over the whole period, mining and quarrying, value added in Benin peaked at 23.70 billion current LCU in 1984 and was at its lowest, 100.00 million current LCU, in 1971.

Benin ranks 37th of 50 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.

Averages by decade

DecadeAverage LowestHighest Years
1970s 222.22 million current LCU 100.00 million current LCU 300.00 million current LCU 9
1980s 7.59 billion current LCU 600.00 million current LCU 23.70 billion current LCU 10
1990s 4.67 billion current LCU 3.32 billion current LCU 5.93 billion current LCU 10
2000s 5.33 billion current LCU 3.68 billion current LCU 7.28 billion current LCU 10
2010s 7.44 billion current LCU 7.44 billion current LCU 7.44 billion current LCU 1

Countries ranked near Benin

  1. 34 Namibia 8.66 billion current LCU compare
  2. 35 Ethiopia 7.85 billion current LCU compare
  3. 36 Liberia 7.45 billion current LCU compare
  4. 38 Ghana 4.69 billion current LCU compare
  5. 39 Mozambique 2.97 billion current LCU compare
  6. 40 Lesotho 1.61 billion current LCU compare

See the full ranking of 50 places →

More economy & growth data for Benin

All data for Benin →

Frequently asked questions

What is mining and quarrying, value added in Benin?
Mining and quarrying, value added in Benin was 7.44 billion current LCU in 2010, according to World Bank national accounts data, and OECD National Accounts data files.
What is the highest mining and quarrying, value added recorded in Benin?
The highest recorded value was 23.70 billion current LCU in 1984.
What is the lowest mining and quarrying, value added recorded in Benin?
The lowest recorded value was 100.00 million current LCU in 1971.
How does Benin rank for mining and quarrying, value added?
Benin ranks 37th out of 50 countries with data for 2010.
Is mining and quarrying, value added rising or falling in Benin?
Over the last ten years it is up 102.3%. The long-run trend across the full record is volatile.
Where does this Benin data come from?
The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Mining and quarrying, value added (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Mining and quarrying, value added (current LCU)
Unit
current LCU
Source
World Bank national accounts data, and OECD National Accounts data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
50 places, 1,670 data points, 1965–2011
Last refreshed

Value added in mining and quarrying is defined as the value of output of the mining and quarrying industries less the value of intermediate consumption (intermediate inputs). Mining and quarrying is a subset of industry (ISIC 10-14). Data are in current local currency.