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Benin Economic Indicators

Latest economic indicators and statistics for Benin.

Indicator Current Value Previous Value Frequency Period
GDP $21.48B $19.67B Yearly 2024
GDP Annual Growth Rate 7.45% 6.35% Yearly 2024
GDP per Capita $1,324.78 $1,263.62 Yearly 2024
GDP per Capita PPP $3,901.33 $3,721.21 Yearly 2024
Real GDP $19.16B $17.83B Yearly 2024
Annual Inflation Rate 1.16% 2.74% Yearly 2024
Annual Unemployment Rate 1.72% 1.66% Yearly 2024
Female Labor Force Rate 74.32% 74.18% Yearly 2024
Annual Exports $1.05B $899.18M Yearly 2023
Annual Imports $3.9B $3.85B Yearly 2023
Exports (% GDP) 18.84% 20% Yearly 2024
FDI Inflows (% GDP) 2.25% 2.16% Yearly 2023
Imports (% GDP) 21.8% 24.66% Yearly 2024
Net Trade (Goods & Services, BoP) -$1.68B -$1.02B Yearly 2023
Tariff Rate 11.3% 11.32% Yearly 2022
Trade (% GDP) 40.64% 44.66% Yearly 2024
Private Credit (% GDP) 18.98% 18.61% Yearly 2024
Adult Literacy Rate 47.1% 43.8% Yearly 2022
Gini Index 34.4 points 37.9 points Yearly 2021
Happiness Index 4.36 points 4.38 points Yearly 2024
Homicide Rate 1.13 Yearly 2017
Population 14.46M 14.11M Yearly 2024
Poverty Rate 27.2% 37.2% Yearly 2021
Primary Enrollment Rate 113.05% 110.71% Yearly 2022
Agricultural Land (%) 43.06% 41% Yearly 2022
Annual CO2 Emissions 5.59M tonnes 5.79M tonnes Yearly 2023
Forest Area (%) 26.92% 27.36% Yearly 2022
Corruption Control -0.05 points -0.09 points Yearly 2023
Political stability index -0.35 points -0.34 points Yearly 2023
Infant Mortality Rate 46.4 47.7 Yearly 2023
Life Expectancy 60.77 60.48 Yearly 2023
Physicians per 1,000 people 0.2 0.21 Yearly 2022
Electricity Access 57% 56.5% Yearly 2023
Internet Users 32.2% 30% Yearly 2023
Travel Earnings $240.86M $175M Yearly 2019
Visitor Arrivals 337,000 322,000 Yearly 2019