Benin 2024
Detailed economic analysis and indicators for 2024
Key Economic Indicators (2024)
GDP (Current USD)
$20.81 billion
↑ 5.77% vs 2023GDP per Capita
$1,474.86
↑ 5.77% vs 2023GDP Growth (Annual %)
5.77%
↓ 0.58pp vs 2023Inflation Rate (CPI %)
N/A
Year-over-Year Comparison
| Indicator | 2023 | 2024 | Change |
|---|---|---|---|
| GDP (Current USD) | $19.68 billion | $20.81 billion | +5.77% |
| GDP per Capita | $1,394.37 | $1,474.86 | +5.77% |
| GDP Growth (Annual %) | 6.35% | 5.77% | -0.58pp |
| Inflation (CPI %) | 2.73% | N/A | N/A |
| Unemployment Rate (%) | 1.66% | 1.72% | +0.07pp |
All Economic Indicators (2024)
National Accounts
- GDP (Current USD)
- $20.81 billion
- GDP per Capita
- $1,474.86
- GDP Growth (Annual %)
- 5.77%
- Gross National Income
- N/A
Prices & Employment
- Inflation (CPI %)
- N/A
- Inflation (GDP Deflator %)
- N/A
- Unemployment Rate (%)
- 1.72%
- 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 2024, Benin's Gross Domestic Product (GDP) is $20.81 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Benin for 2024 is $1,474.86. GDP per capita is calculated by dividing the country's GDP by its population.
Benin's annual GDP growth rate for 2024 is 5.77%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Benin for 2024 is 1.72%. This represents the percentage of the labor force that is unemployed and actively seeking employment.