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Economy of Benin. Statistics, Data and Indicators

flag
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 15.65 USD Billion 2020
GDP Annual Growth Rate 3.4 % 4Q/20
GDP per capita 1274 USD 2020
Inflation Rate YoY 4.6 % Jun/21
Interest Rate 4 % Jun/21
Unemployment Rate 2.5 % 2020
Balance of Trade -245 XAF Billion | -0.443 B USD 1Q/21
Current Account -581 USD Million | -0.581 B USD 2019


GDP
vvp
15.65
B USD
#141 from 174 countries
GDP per capita
vvp
1274
USD
#148 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 15.65 USD Billion 2020
GDP Annual Growth Rate 3.4 % 4Q/20
GDP per capita 1274 USD 2020
GDP Constant Prices 7271 XOF Billion | 13.145 B USD 2020
GDP per capita PPP 3323 USD 2020
GDP From Agriculture  2083280 XOF Billion | 3766.349 B USD 2020
GDP From Manufacturing  1013 XOF Billion | 1.831 B USD 2018
GDP From Mining  15.9 XOF Billion | 0.029 B USD 2018
GDP From Public Administration  330 XOF Billion | 0.597 B USD 2018
GDP From Services  3841360 XOF Billion | 6944.771 B USD 2020


Budget Indicators

Indicator Data Period
Government Debt to GDP 46.1 % 2020
Government Budget to GDP -3.7 % 2020
Military Expenditure 68.8 USD Million | 0.069 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 109 Index Points Jun/21
Food Inflation 5 % May/21
Inflation Rate YoY 4.6 % Jun/21
Inflation Rate Mom 1.9 % May/21
CPI Housing Utilities 102 Index Points Jun/21
CPI Transportation 106 Index Points Jun/21


Trade Indicators

Indicator Data Period
Current Account to GDP -5.5 % 2020
Balance of Trade -245 XAF Billion | -0.443 B USD 1Q/21
Current Account -581 USD Million | -0.581 B USD 2019
Exports 140 XAF Billion | 0.253 B USD 1Q/21
Imports 385 XAF Billion | 0.696 B USD 1Q/21


Money Indicators

Indicator Data Period
Interbank Rate 3.79 % May/21
Interest Rate 4 % Jun/21
Deposit Interest Rate 6.49 % 2017


Labor Indicators

Indicator Data Period
Unemployment Rate 2.5 % 2020


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 -1.8 % 1Q/21


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
4.6
%
#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
2.5
%
#157 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries