Value Added (Total Manufacturing) — Value US$ in Benin

Benin: Value Added (Total Manufacturing) — Value US$ was 1,980 million USD in 2023. ◆ Volatile

Latest (2023)
1,980 million USD
Change on year
up 15.6%
World rank
129th
of 220 countries
All-time high
1,980 million USD
in 2023
All-time low
24.92 million USD
in 1971
Years of data
54
1970–2023

Value Added (Total Manufacturing) — Value US$ in Benin, 1970–2023

05001.0k1.5k2.0k197019962023

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

The most recent figure for value added (total manufacturing) — value us$ in Benin is 1,980 million USD, measured in 2023. That is the highest value across all 54 years on record.

That represents a change of up 15.6% on the previous year and up 44.8% over ten years.

Over the whole period, value added (total manufacturing) — value us$ in Benin peaked at 1,980 million USD in 2023 and was at its lowest, 24.92 million USD, in 1971.

Benin ranks 129th of 220 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 50.39 million USD 24.92 million USD 91.29 million USD 10
1980s 105.56 million USD 94.1 million USD 124.09 million USD 10
1990s 353.97 million USD 144.63 million USD 540.55 million USD 10
2000s 910.74 million USD 492.23 million USD 1,199 million USD 10
2010s 1,258 million USD 1,119 million USD 1,420 million USD 10
2020s 1,722 million USD 1,520 million USD 1,980 million USD 4

Countries ranked near Benin

  1. 126 Burkina Faso 2,173 million USD compare
  2. 127 Congo 2,071 million USD compare
  3. 128 Madagascar 2,031 million USD compare
  4. 130 Palestine 1,939 million USD compare
  5. 131 Nepal 1,851 million USD compare
  6. 132 North Macedonia 1,828 million USD compare

See the full ranking of 252 places →

More economy & growth data for Benin

All data for Benin →

Frequently asked questions

What is value added (total manufacturing) — value us$ in Benin?
Value added (total manufacturing) — value us$ in Benin was 1,980 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (total manufacturing) — value us$ recorded in Benin?
The highest recorded value was 1,980 million USD in 2023.
What is the lowest value added (total manufacturing) — value us$ recorded in Benin?
The lowest recorded value was 24.92 million USD in 1971.
How does Benin rank for value added (total manufacturing) — value us$?
Benin ranks 129th out of 220 countries with data for 2023.
Is value added (total manufacturing) — value us$ rising or falling in Benin?
Over the last ten years it is up 44.8%. 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 (Total Manufacturing) — Value US$. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Value Added (Total Manufacturing) — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,511 data points, 1970–2023
Last refreshed

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).