Benin 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$19.68 billion
↑ 13.07% vs 2022GDP per Capita
$1,394.37
↑ 10.25% vs 2022GDP Growth (Annual %)
6.35%
↑ 0.10pp vs 2022Inflation Rate (CPI %)
2.73%
↑ 1.38pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $17.40 billion | $19.68 billion | +13.07% |
| GDP per Capita | $1,264.71 | $1,394.37 | +10.25% |
| GDP Growth (Annual %) | 6.25% | 6.35% | +0.10pp |
| Inflation (CPI %) | 1.35% | 2.73% | +1.38pp |
| Unemployment Rate (%) | 1.69% | 1.66% | -0.03pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $19.68 billion
- GDP per Capita
- $1,394.37
- GDP Growth (Annual %)
- 6.35%
- Gross National Income
- $19.47 billion
Prices & Employment
- Inflation (CPI %)
- 2.73%
- Inflation (GDP Deflator %)
- 3.39%
- Unemployment Rate (%)
- 1.66%
- Interest Rate (Real %)
- N/A
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)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Benin's Gross Domestic Product (GDP) is $19.68 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Benin for 2023 is $1,394.37. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Benin for 2023 is 2.73%. This measures the annual percentage change in the cost of consumer goods and services.
Benin's annual GDP growth rate for 2023 is 6.35%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Benin for 2023 is 1.66%. This represents the percentage of the labor force that is unemployed and actively seeking employment.