Value Added Deflator (Manufacturing) — Value Standard Local Currency in Benin
Benin: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 116.61 SLC in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Benin, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for value added deflator (manufacturing) — value standard local currency in Benin is 116.61 SLC, measured in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 5.2% on the previous year and up 1.1% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Benin peaked at 116.61 SLC in 2023 and was at its lowest, 11.02 SLC, in 1992.
Benin ranks 140th of 194 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.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Benin, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 14.26 SLC | — |
| 1971 | 13.38 SLC | -6.2% |
| 1972 | 15.26 SLC | +14.0% |
| 1973 | 16.88 SLC | +10.6% |
| 1974 | 18.58 SLC | +10.0% |
| 1975 | 21.37 SLC | +15.0% |
| 1976 | 22.47 SLC | +5.2% |
| 1977 | 26.13 SLC | +16.3% |
| 1978 | 29.82 SLC | +14.1% |
| 1979 | 36.68 SLC | +23.0% |
| 1980 | 41.33 SLC | +12.7% |
| 1981 | 52.63 SLC | +27.3% |
| 1982 | 12.55 SLC | -76.2% |
| 1983 | 14.4 SLC | +14.8% |
| 1984 | 18.88 SLC | +31.1% |
| 1985 | 16.82 SLC | -10.9% |
| 1986 | 13.05 SLC | -22.4% |
| 1987 | 12.82 SLC | -1.7% |
| 1988 | 11.79 SLC | -8.0% |
| 1989 | 11.91 SLC | +1.0% |
| 1990 | 11.45 SLC | -3.8% |
| 1991 | 11.2 SLC | -2.3% |
| 1992 | 11.02 SLC | -1.6% |
| 1993 | 11.91 SLC | +8.1% |
| 1994 | 45.67 SLC | +283.3% |
| 1995 | 53.65 SLC | +17.5% |
| 1996 | 54.34 SLC | +1.3% |
| 1997 | 58.48 SLC | +7.6% |
| 1998 | 59.92 SLC | +2.5% |
| 1999 | 62.14 SLC | +3.7% |
| 2000 | 65.89 SLC | +6.0% |
| 2001 | 72.47 SLC | +10.0% |
| 2002 | 76.56 SLC | +5.6% |
| 2003 | 81.29 SLC | +6.2% |
| 2004 | 80.39 SLC | -1.1% |
| 2005 | 84.64 SLC | +5.3% |
| 2006 | 85.85 SLC | +1.4% |
| 2007 | 84.8 SLC | -1.2% |
| 2008 | 96.42 SLC | +13.7% |
| 2009 | 100.12 SLC | +3.8% |
| 2010 | 99.47 SLC | -0.6% |
| 2011 | 105.8 SLC | +6.4% |
| 2012 | 108.66 SLC | +2.7% |
| 2013 | 115.34 SLC | +6.1% |
| 2014 | 107.13 SLC | -7.1% |
| 2015 | 100 SLC | -6.7% |
| 2016 | 96.74 SLC | -3.3% |
| 2017 | 99.22 SLC | +2.6% |
| 2018 | 97.8 SLC | -1.4% |
| 2019 | 100.74 SLC | +3.0% |
| 2020 | 102.25 SLC | +1.5% |
| 2021 | 103.72 SLC | +1.4% |
| 2022 | 110.86 SLC | +6.9% |
| 2023 | 116.61 SLC | +5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.48 SLC | 13.38 SLC | 36.68 SLC | 10 |
| 1980s | 20.62 SLC | 11.79 SLC | 52.63 SLC | 10 |
| 1990s | 37.98 SLC | 11.02 SLC | 62.14 SLC | 10 |
| 2000s | 82.85 SLC | 65.89 SLC | 100.12 SLC | 10 |
| 2010s | 103.09 SLC | 96.74 SLC | 115.34 SLC | 10 |
| 2020s | 108.36 SLC | 102.25 SLC | 116.61 SLC | 4 |
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)
- Net primary income (Net income from abroad) (current LCU), annual -28.22 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 14.47 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0951 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 157.78 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 9.86 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 55.37 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 91,816 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0013 (2025)
Frequently asked questions
- What is value added deflator (manufacturing) — value standard local currency in Benin?
- Value added deflator (manufacturing) — value standard local currency in Benin was 116.61 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Benin?
- The highest recorded value was 116.61 SLC in 2023.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Benin?
- The lowest recorded value was 11.02 SLC in 1992.
- How does Benin rank for value added deflator (manufacturing) — value standard local currency?
- Benin ranks 140th out of 194 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Benin?
- Over the last ten years it is up 1.1%. 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 Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).