The Gross Domestic Product (GDP) in Benin expanded 6.80 percent in the fourth quarter of 2024 over the same quarter of the previous year. GDP Annual Growth Rate in Benin averaged 4.37 percent from 1961 until 2024, reaching an all time high of 9.95 percent in the fourth quarter of 1981 and a record low of -4.90 percent in the fourth quarter of 1975. source: Central Bank of West African States (BCEAO)

GDP Annual Growth Rate in Benin is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Benin GDP Annual Growth Rate is projected to trend around 6.20 percent in 2026 and 6.40 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
GDP 21.48 19.67 USD Billion Dec 2024
GDP Annual Growth Rate 6.80 6.60 percent Dec 2024
GDP Constant Prices 11327.60 10541.90 XOF Billion Dec 2024
GDP from Agriculture 2935.20 2771.50 XOF Billion Dec 2024
GDP from Manufacturing 1113.40 1029.80 XOF Billion Dec 2024
GDP from Mining 49.50 44.40 XOF Billion Dec 2024
GDP from Public Administration 837.00 757.70 XOF Billion Dec 2024
GDP from Services 5383.40 5006.00 XOF Billion Dec 2024
GDP from Transport 969.60 922.00 XOF Billion Dec 2024
GDP from Utilities 97.00 89.90 XOF Billion Dec 2024
GDP per Capita 1324.78 1263.62 USD Dec 2024
GDP per Capita PPP 3901.33 3721.21 USD Dec 2024



Benin GDP Annual Growth Rate
Benin is one of the healthiest African democracies and has an active civil society. Agriculture is the most important sector of the economy. A large part of the population still depends on subsistence agriculture and agriculture products account for over 70 percent of total exports. Recent government investment in infrastructure, agriculture and tourism may result in growth in coming years.
Actual Previous Highest Lowest Dates Unit Frequency
6.80 6.60 9.95 -4.90 1961 - 2024 percent Quarterly
NSA