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Economy of Benin. Statistics, Data and Indicators

flag
Benin
N/AN/A Credit rank #
N/A Quality of life #
80 Corruption rank#77
149 Ease of doing business#135
Benin


Benin Major Economic Indicators

Indicator Data Period
GDP Value 10.4 USD Billion 2019
GDP Annual Growth Rate 7.6 % 3Q/19
GDP per capita 896 USD 2018
Inflation Rate YoY 3.5 % Feb/20
Interest Rate 4.5 % Feb/20
Unemployment Rate 2 % 2019
Balance of Trade -165 XAF Billion | -0.278 B USD 2Q/19
Current Account -927 USD Million | -0.927 B USD 2017


GDP
vvp
10.4
B USD
#141 from 174 countries
GDP per capita
vvp
896
USD
#148 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 10.4 USD Billion 2019
GDP Annual Growth Rate 7.6 % 3Q/19
GDP per capita 896 USD 2018
GDP Constant Prices 4630 XOF Billion | 7.755 B USD 2018
GDP per capita PPP 2152 USD 2018
GDP From Agriculture  984 XOF Billion | 1.648 B USD 2018
GDP From Manufacturing  1013 XOF Billion | 1.697 B USD 2018
GDP From Mining  15.9 XOF Billion | 0.027 B USD 2018
GDP From Public Administration  330 XOF Billion | 0.553 B USD 2018
GDP From Services  1696 XOF Billion | 2.841 B USD 2018


Budget Indicators

Indicator Data Period
Government Debt to GDP 26.2 % 2018
Government Budget to GDP -4.7 % 2018
Military Expenditure 84 USD Million | 0.084 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 104 Index Points Feb/20
Food Inflation 3.6 % Feb/20
Inflation Rate YoY 3.5 % Feb/20
Inflation Rate Mom 1.4 % Feb/20
CPI Housing Utilities 103 Index Points Feb/20
CPI Transportation 110 Index Points Feb/20


Trade Indicators

Indicator Data Period
Current Account to GDP -10.8 % 2018
Balance of Trade -165 XAF Billion | -0.278 B USD 2Q/19
Current Account -927 USD Million | -0.927 B USD 2017
Exports 184 XAF Billion | 0.31 B USD 2Q/19
Imports 349 XAF Billion | 0.589 B USD 2Q/19


Money Indicators

Indicator Data Period
Interbank Rate 3.64 % Jan/20
Interest Rate 4.5 % Feb/20
Deposit Interest Rate 6.49 % 2017


Labor Indicators

Indicator Data Period
Unemployment Rate 2 % 2019


Taxes

Indicator Data Period
Sales Tax Rate 18 % 2020


Business Indicators

Indicator Data Period
Corruption Index 41 Index Points 2019
Corruption Rank 80 place 2019
Ease of Doing Business 149 place 2019
Competitiveness Index 45.82 Index Points 2019
Competitiveness Rank 125 2019


Consumer Indicators

Indicator Data Period
Retail Sales YoY -4.5 % 3Q/19


Gold Reserves
gold_reserve_icon
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
gold_reserve_icon
N/A
N/A
#N/A from N/A countries


Government Budget Value
balance_icon
N/A
N/A
#N/A from N/A countries
Inflation Rate
inflation_icon
3.5
%
#168 from 174 countries


Interest Rate
discount_rate_icon
4.5
%
#72 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
2
%
#157 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries