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Benin - Gross domestic product based on purchasing-power-parity in constant market prices of 2011

24,710,576,576 (international dollars) in 2018

In 2018, real GDP based on PPP for Benin was 24,710 million international dollars. Over the last 20 years, real GDP based on PPP of Benin grew substantially from 10,808 million to 24,710 million international dollars rising at an increasing annual rate that reached a maximum of 7.19 % in 2013 and then decreased to 6.86 % in 2018.

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What is real GDP based on PPP?

PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP 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.

What is Benin real GDP based on PPP?

Date Value Change, %
2018 24,710,576,576 6.86 %
2017 23,124,685,144 5.84 %
2016 21,849,169,249 3.96 %
2015 21,015,917,559 2.10 %
2014 20,584,505,762 6.35 %
2013 19,355,102,198 7.19 %
2012 18,056,864,841 4.82 %
2011 17,227,124,155 2.96 %
2010 16,731,414,124 2.11 %
2009 16,385,644,372 2.33 %
2008 16,012,661,259 4.89 %
2007 15,266,161,439

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