Benin 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$15.65 billion
↑ 8.75% vs 2019GDP per Capita
$1,197.50
↑ 5.90% vs 2019GDP Growth (Annual %)
3.85%
↓ 3.02pp vs 2019Inflation Rate (CPI %)
3.02%
↑ 2.29pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $14.39 billion | $15.65 billion | +8.75% |
| GDP per Capita | $1,130.82 | $1,197.50 | +5.90% |
| GDP Growth (Annual %) | 6.87% | 3.85% | -3.02pp |
| Inflation (CPI %) | 0.73% | 3.02% | +2.29pp |
| Unemployment Rate (%) | 1.21% | 1.50% | +0.29pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $15.65 billion
- GDP per Capita
- $1,197.50
- GDP Growth (Annual %)
- 3.85%
- Gross National Income
- $15.53 billion
Prices & Employment
- Inflation (CPI %)
- 3.02%
- Inflation (GDP Deflator %)
- 2.88%
- Unemployment Rate (%)
- 1.50%
- Interest Rate (Real %)
- 3.56%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -1.75%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Benin's Gross Domestic Product (GDP) is $15.65 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Benin for 2020 is $1,197.50. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Benin for 2020 is 3.02%. This measures the annual percentage change in the cost of consumer goods and services.
Benin's annual GDP growth rate for 2020 is 3.85%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Benin for 2020 is 1.50%. This represents the percentage of the labor force that is unemployed and actively seeking employment.