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Economy of Benin. Statistics, Data and Indicators

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


Benin Major Economic Indicators

Indicator Data Period
GDP Value 14.39 USD Billion 2019
GDP Annual Growth Rate 1.6 % 3Q/20
GDP per capita 1260 USD 2019
Inflation Rate YoY 2.1 % Nov/20
Interest Rate 4 % Dec/20
Unemployment Rate 2 % 2019
Balance of Trade 248 XAF Billion | 0.458 B USD 3Q/20
Current Account -649 USD Million | -0.649 B USD 2018


GDP
vvp
14.39
B USD
#141 from 174 countries
GDP per capita
vvp
1260
USD
#148 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 14.39 USD Billion 2019
GDP Annual Growth Rate 1.6 % 3Q/20
GDP per capita 1260 USD 2019
GDP Constant Prices 4630 XOF Billion | 8.548 B USD 2018
GDP per capita PPP 3287 USD 2019
GDP From Agriculture  984 XOF Billion | 1.817 B USD 2018
GDP From Manufacturing  1013 XOF Billion | 1.87 B USD 2018
GDP From Mining  15.9 XOF Billion | 0.029 B USD 2018
GDP From Public Administration  330 XOF Billion | 0.609 B USD 2018
GDP From Services  1696 XOF Billion | 3.131 B USD 2018


Budget Indicators

Indicator Data Period
Government Debt to GDP 21.6 % 2019
Government Budget to GDP -2.5 % 2019
Military Expenditure 84 USD Million | 0.084 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 102 Index Points Jan/21
Food Inflation 3.4 % Nov/20
Inflation Rate YoY 2.1 % Nov/20
Inflation Rate Mom -0.5 % Nov/20
CPI Housing Utilities 98.3 Index Points Jan/21
CPI Transportation 105 Index Points Jan/21


Trade Indicators

Indicator Data Period
Current Account to GDP -5.7 % 2019
Balance of Trade 248 XAF Billion | 0.458 B USD 3Q/20
Current Account -649 USD Million | -0.649 B USD 2018
Exports 115 XAF Billion | 0.212 B USD 3Q/20
Imports 362 XAF Billion | 0.668 B USD 3Q/20


Money Indicators

Indicator Data Period
Interbank Rate 5.17 % Dec/20
Interest Rate 4 % Dec/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 2020
Corruption Rank 83 place 2020
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 1.5 % 3Q/20


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
2.1
%
#168 from 174 countries


Interest Rate
discount_rate_icon
4
%
#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