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Benin GDP

Benin's GDP rose to $21.48 billion in 2024, up from $19.67 billion in 2023, according to World Bank. This represents an increase of 9.2% ($1.81 billion) from the previous year and accounts for 0.02% of the world's total GDP. Benin has GDP lower than the global median ($21.48 billion vs median $35.85 billion). Compared with the median in Africa, Benin is higher ($21.48 billion vs regional median $20.75 billion) and ranks 25th out of 52 countries in Africa.

Benin's GDP per capita rose to $1,324.78 in 2024, up from $1,263.62 in 2023.

Yearly Historical Data (1960-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 21.48
2023 19.67
2022 17.43
2021 17.69
2020 15.69
2019 14.39
2018 14.26
2017 12.7
2016 11.82
2015 11.39
2014 13.28
2013 12.52
2012 11.14
2011 10.69
2010 9.54
2009 9.74
2008 9.79
2007 8.17
2006 7.03
2005 6.57
2004 6.19
2003 5.35
2002 4.19
2001 3.67
2000 3.52
1999 3.68
1998 2.46
1997 2.27
1996 2.36
1995 2.17
1994 1.6
1993 2.27
1992 1.7
1991 1.99
1990 1.96
1989 1.5
1988 1.62
1987 1.56
1986 1.34
1985 1.05
1984 1.05
1983 1.1
1982 1.27
1981 1.29
1980 1.41
1979 1.19
1978 0.93
1977 0.75
1976 0.7
1975 0.68
1974 0.55
1973 0.5
1972 0.41
1971 0.34
1970 0.33
1969 0.33
1968 0.33
1967 0.31
1966 0.3
1965 0.29
1964 0.27
1963 0.25
1962 0.24
1961 0.24
1960 0.23
Benin GDP : Definition
GDP measures the total value of all goods and services produced in Benin, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 7.45% 6.35% 2024
GDP per Capita $1,324.78 $1,263.62 2024
GDP per Capita PPP $3,901.33 $3,721.21 2024
Real GDP $19.16B $17.83B 2024