Terms of trade in Benin
Benin: Terms of trade was 82.59 goods and services, 2000 = 100 in 2005. ▼ Falling
Terms of trade in Benin, 1960–2005
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in goods and services, 2000 = 100.
Analysis
The most recent figure for terms of trade in Benin is 82.59 goods and services, 2000 = 100, measured in 2005. That is the lowest value across all 46 years on record.
The figure is down 2.5% on the previous year and down 12.3% over ten years.
Over the whole period, terms of trade in Benin peaked at 147.19 goods and services, 2000 = 100 in 1968 and was at its lowest, 82.59 goods and services, 2000 = 100, in 2005.
That places Benin 33rd out of 41 countries with data for 2005, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 46 years of available data.
Terms of trade in Benin, year by year
| Year | goods and services, 2000 = 100 | Change |
|---|---|---|
| 1960 | 116.96 goods and services, 2000 = 100 | — |
| 1961 | 114.99 goods and services, 2000 = 100 | -1.7% |
| 1962 | 120.19 goods and services, 2000 = 100 | +4.5% |
| 1963 | 126.91 goods and services, 2000 = 100 | +5.6% |
| 1964 | 118.65 goods and services, 2000 = 100 | -6.5% |
| 1965 | 118.42 goods and services, 2000 = 100 | -0.2% |
| 1966 | 119.75 goods and services, 2000 = 100 | +1.1% |
| 1967 | 124.07 goods and services, 2000 = 100 | +3.6% |
| 1968 | 147.19 goods and services, 2000 = 100 | +18.6% |
| 1969 | 128.18 goods and services, 2000 = 100 | -12.9% |
| 1970 | 138.08 goods and services, 2000 = 100 | +7.7% |
| 1971 | 132.89 goods and services, 2000 = 100 | -3.8% |
| 1972 | 115.08 goods and services, 2000 = 100 | -13.4% |
| 1973 | 137.41 goods and services, 2000 = 100 | +19.4% |
| 1974 | 112.91 goods and services, 2000 = 100 | -17.8% |
| 1975 | 106.59 goods and services, 2000 = 100 | -5.6% |
| 1976 | 99.44 goods and services, 2000 = 100 | -6.7% |
| 1977 | 113.01 goods and services, 2000 = 100 | +13.6% |
| 1978 | 112.02 goods and services, 2000 = 100 | -0.9% |
| 1979 | 103.94 goods and services, 2000 = 100 | -7.2% |
| 1980 | 99.08 goods and services, 2000 = 100 | -4.7% |
| 1981 | 84.92 goods and services, 2000 = 100 | -14.3% |
| 1982 | 107.54 goods and services, 2000 = 100 | +26.6% |
| 1983 | 107.81 goods and services, 2000 = 100 | +0.2% |
| 1984 | 114.24 goods and services, 2000 = 100 | +6.0% |
| 1985 | 107.63 goods and services, 2000 = 100 | -5.8% |
| 1986 | 95.02 goods and services, 2000 = 100 | -11.7% |
| 1987 | 89.61 goods and services, 2000 = 100 | -5.7% |
| 1988 | 98.69 goods and services, 2000 = 100 | +10.1% |
| 1989 | 94.2 goods and services, 2000 = 100 | -4.6% |
| 1990 | 96.84 goods and services, 2000 = 100 | +2.8% |
| 1991 | 99.82 goods and services, 2000 = 100 | +3.1% |
| 1992 | 98.64 goods and services, 2000 = 100 | -1.2% |
| 1993 | 92.63 goods and services, 2000 = 100 | -6.1% |
| 1994 | 91.65 goods and services, 2000 = 100 | -1.1% |
| 1995 | 94.17 goods and services, 2000 = 100 | +2.7% |
| 1996 | 101.91 goods and services, 2000 = 100 | +8.2% |
| 1997 | 101.28 goods and services, 2000 = 100 | -0.6% |
| 1998 | 96.9 goods and services, 2000 = 100 | -4.3% |
| 1999 | 98.56 goods and services, 2000 = 100 | +1.7% |
| 2000 | 100 goods and services, 2000 = 100 | +1.5% |
| 2001 | 85.81 goods and services, 2000 = 100 | -14.2% |
| 2002 | 84.31 goods and services, 2000 = 100 | -1.7% |
| 2003 | 85.64 goods and services, 2000 = 100 | +1.6% |
| 2004 | 84.67 goods and services, 2000 = 100 | -1.1% |
| 2005 | 82.59 goods and services, 2000 = 100 | -2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 123.53 goods and services, 2000 = 100 | 114.99 goods and services, 2000 = 100 | 147.19 goods and services, 2000 = 100 | 10 |
| 1970s | 117.14 goods and services, 2000 = 100 | 99.44 goods and services, 2000 = 100 | 138.08 goods and services, 2000 = 100 | 10 |
| 1980s | 99.88 goods and services, 2000 = 100 | 84.92 goods and services, 2000 = 100 | 114.24 goods and services, 2000 = 100 | 10 |
| 1990s | 97.24 goods and services, 2000 = 100 | 91.65 goods and services, 2000 = 100 | 101.91 goods and services, 2000 = 100 | 10 |
| 2000s | 87.17 goods and services, 2000 = 100 | 82.59 goods and services, 2000 = 100 | 100 goods and services, 2000 = 100 | 6 |
Countries ranked near Benin
- 30 Gambia 86.85 goods and services, 2000 = 100 compare
- 31 Sudan 86.49 goods and services, 2000 = 100 compare
- 32 Botswana 85.03 goods and services, 2000 = 100 compare
- 34 Central African Republic 77.17 goods and services, 2000 = 100 compare
- 35 Congo, Democratic Republic of the 76.4 goods and services, 2000 = 100 compare
- 36 Mauritius 72.88 goods and services, 2000 = 100 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)
- Services, value added (constant LCU), per capita 394,303 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 1.55 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 14.34 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9049 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 1,500 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 9.74 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 526.56 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 873,178 current LCU per person (2025)
Frequently asked questions
- What is terms of trade in Benin?
- Terms of trade in Benin was 82.59 goods and services, 2000 = 100 in 2005, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest terms of trade recorded in Benin?
- The highest recorded value was 147.19 goods and services, 2000 = 100 in 1968.
- What is the lowest terms of trade recorded in Benin?
- The lowest recorded value was 82.59 goods and services, 2000 = 100 in 2005.
- How does Benin rank for terms of trade?
- Benin ranks 33rd out of 41 countries with data for 2005.
- Is terms of trade rising or falling in Benin?
- Over the last ten years it is down 12.3%. The long-run trend across the full record is falling.
- 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 Terms of trade (goods and services, 2000 = 100). Statizoid updates them automatically from the source API.
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About this data
The terms of trade index shows the national accounts exports price index divided by the imports price index, with 2000 equaling 100.