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Benin - Gross domestic product in current prices

10,358,985,583 (US dollars) in 2018

In 2018, GDP for Benin was 10,358 million US dollars. GDP of Benin increased from 330 million US dollars in 1969 to 10,358 million US dollars in 2018 growing at an average annual rate of 8.16 %.

The description is composed by our digital data assistant.

What is GDP?

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

What is Benin GDP?

Date Value Change, %
2018 10,358,985,583 12.03 %
2017 9,246,696,924 7.86 %
2016 8,573,159,697 3.40 %
2015 8,291,155,881 -14.59 %
2014 9,707,432,016 6.01 %
2013 9,157,355,680 12.32 %
2012 8,152,554,487 4.33 %
2011 7,814,081,156 12.11 %
2010 6,970,240,895 -1.79 %
2009 7,097,198,712 -0.50 %
2008 7,132,787,397 19.49 %
2007 5,969,535,132

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