bj Benin 2021

Detailed economic analysis and indicators for 2021

Year 2021

Key Economic Indicators (2021)

GDP (Current USD)

$17.69 billion

↑ 13.02% vs 2020
GDP per Capita

$1,318.83

↑ 10.13% vs 2020
GDP Growth (Annual %)

7.16%

↑ 3.31pp vs 2020
Inflation Rate (CPI %)

1.73%

↓ 1.29pp vs 2020

Year-over-Year Comparison

Indicator 2020 2021 Change
GDP (Current USD) $15.65 billion $17.69 billion +13.02%
GDP per Capita $1,197.50 $1,318.83 +10.13%
GDP Growth (Annual %) 3.85% 7.16% +3.31pp
Inflation (CPI %) 3.02% 1.73% -1.29pp
Unemployment Rate (%) 1.50% 1.78% +0.28pp

All Economic Indicators (2021)

National Accounts
GDP (Current USD)
$17.69 billion
GDP per Capita
$1,318.83
GDP Growth (Annual %)
7.16%
Gross National Income
$17.50 billion
Prices & Employment
Inflation (CPI %)
1.73%
Inflation (GDP Deflator %)
1.62%
Unemployment Rate (%)
1.78%
Interest Rate (Real %)
4.56%
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)
-4.15%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2021, Benin's Gross Domestic Product (GDP) is $17.69 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Benin for 2021 is $1,318.83. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Benin for 2021 is 1.73%. This measures the annual percentage change in the cost of consumer goods and services.

Benin's annual GDP growth rate for 2021 is 7.16%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Benin for 2021 is 1.78%. This represents the percentage of the labor force that is unemployed and actively seeking employment.