Economy in Benin

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Benin

Economy in Benin


The continent: Africa
  
Iso2:BJ
  
Iso3:BEN

For country comparisons (the table on the map) colors are used:
 
 Good performance;
 
 The average;
 
 Poor performance

GDP in Benin


GDP, PPP

22 376 552 698 current international $[?] (2015)
(descending): 137 in the world of 194 (29,90%); 32 in Africa from 52 (40,38%)
26,74 % (5,35 % annual) ↘
min: 4 706 554 346; max: 22 376 552 698; max-min: 17 669 998 352 (78,97%); mid: 13 541 553 522;
8 834 999 176 (39,48%)

GDP

8 290 986 804 current US$[?] (2015)
(descending): 142 in the world of 199 (29,15%); 32 in Africa from 53 (41,51%)
15,93 % (3,19 % annual) ↘
min: 226 195 579; max: 9 707 432 016; max-min: 9 481 236 437 (97,67%); mid: 4 966 813 798;
3 324 173 006 (40,09%)

GDP per capita, PPP

2 057 current international $[?] (2015)
(descending): 169 in the world of 194 (13,40%); 30 in Africa from 52 (44,23%)
16,19 % (3,24 % annual) ↘
min: 941,07; max: 2 057; max-min: 1 116 (54,24%); mid: 1 499;
557,81 (27,12%)

Reserves in Benin


Total reserves

731 579 709 current US$[?] (2015)
(descending): 141 in the world of 184 (23,91%); 31 in Africa from 52 (42,31%)
64,04 % (12,81 % annual) ↗
min: 5 874 457; max: 1 263 350 031; max-min: 1 257 475 574 (99,54%); mid: 634 612 244;
96 967 465 (13,25%)

Total reserves

33,57 % of total external debt[?] (2015)
(descending): 68 in the world of 117 (42,74%); 26 in Africa from 47 (46,81%)
123,53 % (24,71 % annual) ↗
min: 0,721; max: 140,70; max-min: 139,98 (99,49%); mid: 70,71;
-37,14 (-110,62%)

Total reserves minus gold

731 579 709 current US$[?] (2015)
(descending): 138 in the world of 184 (25,54%); 31 in Africa from 52 (42,31%)
64,04 % (12,81 % annual) ↗
min: 2 452 327; max: 1 263 350 031; max-min: 1 260 897 704 (99,81%); mid: 632 901 179;
98 678 530 (13,49%)

Gross savings

18,59 % of GDP[?] (2014)
(descending): 82 in the world of 164 (50,61%); 15 in Africa from 43 (67,44%)
39,90 % (7,98 % annual) ↘
min: -3,25; max: 18,59; max-min: 21,84 (117,49%); mid: 7,67;
10,92 (58,75%)

GDP - composition in Benin


Household consumption

68 %[?] (2015)
(descending): 83 in the world of 198 (58,59%); 34 in Africa from 54 (38,89%)

Government consumption

14,20 %[?] (2015)
(descending): 130 in the world of 197 (34,52%); 34 in Africa from 54 (38,89%)

Investment in fixed capital

26,30 %[?] (2015)
(descending): 54 in the world of 194 (72,68%); 23 in Africa from 54 (59,26%)

investment in inventories

0,500 %[?] (2015)
(descending): 71 in the world of 166 (57,83%); 19 in Africa from 46 (60,87%)

exports of goods and services

24,30 %[?] (2015)
(descending): 139 in the world of 196 (29,59%); 32 in Africa from 54 (42,59%)

imports of goods and services

-33,30 %[?] (2015)
(descending): 65 in the world of 195 (67,18%); 20 in Africa from 53 (64,15%)

GDP - composition by sector of origin in Benin


agriculture

22,90 %[?] (2015)
(descending): 39 in the world of 219 (82,65%); 23 in Africa from 53 (58,49%)

industry

24,90 %[?] (2015)
(descending): 114 in the world of 221 (48,87%); 23 in Africa from 53 (58,49%)

services

52,20 %[?] (2015)
(descending): 162 in the world of 223 (27,80%); 25 in Africa from 54 (55,56%)

GDP growth in Benin


GDP growth rate

2,09 annual %[?] (2015)
(descending): 129 in the world of 193 (33,68%); 37 in Africa from 52 (30,77%)
1,07 % (0,214 % annual) ↗
min: -4,90; max: 9,95; max-min: 14,85 (149,18%); mid: 2,53;
-0,435 (-20,77%)

GDP per capita growth

-0,546 annual %[?] (2015)
(descending): 164 in the world of 193 (15,54%); 41 in Africa from 52 (23,08%)
41,06 % (8,21 % annual) ↗
min: -7,18; max: 6,96; max-min: 14,14 (203,21%); mid: -0,112;
-0,434 (79,51%)

Costs in Benin


Expense

12,77 % of GDP[?] (2013)
(ascending): 12 in the world of 140 (92,14%); 6 in Africa from 33 (84,85%)
4,15 % (0,831 % annual) ↗
min: 10,49; max: 13,30; max-min: 2,81 (21,13%); mid: 11,89;
0,874 (6,85%)

Final consumption expenditure, etc.

85,60 % of GDP[?] (2015)
(ascending): 109 in the world of 177 (38,98%); 18 in Africa from 49 (65,31%)
5,47 % (1,09 % annual) ↗
min: 83,80; max: 112,35; max-min: 28,55 (25,41%); mid: 98,08;
-12,48 (-14,57%)

Foreign direct investment, net outflows

0,318 % of GDP[?] (2015)
(ascending): 77 in the world of 165 (53,94%); 27 in Africa from 40 (35%)
737,39 % (147,48 % annual) ↘
min: -6,06; max: 0,763; max-min: 6,82 (893,92%); mid: -2,65;
2,97 (932,98%)

Government expenditure on education, total

4,38 % of GDP[?] (2014)
(ascending): 65 in the world of 147 (56,46%); 19 in Africa from 39 (53,85%)
14,81 % (2,96 % annual) ↗
min: 2,63; max: 5,03; max-min: 2,40 (47,77%); mid: 3,83;
0,553 (12,62%)

Military expenditure

1,10 % of GDP[?] (2015)
(ascending): 48 in the world of 155 (69,68%); 14 in Africa from 48 (72,92%)
14,86 % (2,97 % annual) ↘
min: 0,489; max: 2,28; max-min: 1,79 (78,54%); mid: 1,38;
-0,288 (-26,27%)

Health expenditure

4,59 % of GDP[?] (2014)
(ascending): 38 in the world of 190 (80,53%); 16 in Africa from 53 (71,70%)
7,70 % (1,54 % annual) ↗
min: 4,20; max: 5,37; max-min: 1,17 (21,85%); mid: 4,78;
-0,188 (-4,09%)

Income in Benin


Tax revenue

15,39 % of GDP[?] (2013)
(descending): 75 in the world of 142 (47,89%); 16 in Africa from 35 (57,14%)
0,964 % (0,193 % annual) ↗
min: 13,69; max: 16,12; max-min: 2,43 (15,07%); mid: 14,90;
0,484 (3,14%)

Trade

68,02 % of GDP[?] (2015)
(descending): 119 in the world of 187 (36,90%); 27 in Africa from 51 (49,02%)
10,33 % (2,07 % annual) ↘
min: 13,48; max: 76,53; max-min: 63,05 (82,39%); mid: 45,00;
23,01 (33,84%)

Trade in services

14,05 % of GDP[?] (2014)
(descending): 126 in the world of 179 (30,17%); 30 in Africa from 47 (38,30%)
9,01 % (1,80 % annual) ↘
min: 9,89; max: 21,50; max-min: 11,62 (54,02%); mid: 15,70;
-1,65 (-11,71%)

Merchandise trade

61,03 % of GDP[?] (2015)
(descending): 77 in the world of 188 (59,57%); 16 in Africa from 51 (70,59%)
21,58 % (4,32 % annual) ↘
min: 14,50; max: 65,79; max-min: 51,29 (77,97%); mid: 40,14;
20,88 (34,22%)

Foreign direct investment, net inflows

2,77 % of GDP[?] (2015)
(descending): 97 in the world of 188 (48,94%); 27 in Africa from 52 (50%)
72,26 % (14,45 % annual) ↘
min: -0,900; max: 6,08; max-min: 6,98 (114,81%); mid: 2,59;
0,175 (6,33%)

Natural resources rents

6,73 % of GDP[?] (2015)
(descending): 55 in the world of 177 (69,49%); 31 in Africa from 52 (42,31%)
30,32 % (6,06 % annual) ↘
min: 4,15; max: 11,98; max-min: 7,82 (65,32%); mid: 8,06;
-1,34 (-19,88%)

Public debt

40,20 % GDP[?] (2015)
(ascending): 62 in the world of 178 (65,73%); 16 in Africa from 42 (64,29%)