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Economic indicators of Benin : Growth

Main Indicators

Main Indicators 20202021 (e)2022 (e)2023 (e)2024 (e)
GDP (billions USD) 15.6717.7017.5518.2519.64
GDP (Constant Prices, Annual % Change) 3.87.25.76.26.0
GDP per Capita (USD) 1e1111
General Government Gross Debt (in % of GDP) 46.14249.93754.84755.62654.349
Inflation Rate (%) 3.01.75.01.82.0
Current Account (billions USD) -0.27-0.78-1.05-1.02-0.91
Current Account (in % of GDP) -1.7-4.4-6.0-5.6-4.6

Source: IMF – World Economic Outlook Database - Latest available data.

Note: (e) Estimated Data

 
 
 
Monetary Indicators 20162017201820192020
CFA Franc BCEAO (XOF) - Average Annual Exchange Rate For 1 EUR 630.86657.54655.36658.43657.43

Source: World Bank - Latest available data.

 
 

Main Sectors of Industry

Breakdown of Economic Activity By Sector Agriculture Industry Services
Employment By Sector (in % of Total Employment) 38.3 18.3 43.4
Value Added (in % of GDP) 27.1 16.3 47.9
Value Added (Annual % Change) 1.8 5.2 4.9

Source: World Bank - Latest available data.

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Latest Update: November 2022