Benin GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Benin expanded 5.80 percent in the second quarter of 2018 over the same quarter of the previous year. GDP Annual Growth Rate in Benin averaged 3.99 percent from 1961 until 2018, reaching an all time high of 9.95 percent in the fourth quarter of 1981 and a record low of -4.90 percent in the fourth quarter of 1975.

GDP Annual Growth Rate in Benin is expected to be 6.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Benin to stand at 6.30 in 12 months time. In the long-term, the Benin GDP Annual Growth Rate is projected to trend around 5.80 percent in 2020, according to our econometric models.

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Benin GDP	Last	Previous	Highest	Lowest	Unit
GDP Annual Growth Rate	5.80	5.60	9.95	-4.90	percent	[+]
GDP	9.27	8.57	9.71	0.23	USD Billion	[+]
GDP per capita	859.95	837.20	859.95	503.60	USD	[+]
GDP per capita PPP	2064.24	2009.60	2064.24	1462.70	USD	[+]
GDP Constant Prices	4323.80	4094.70	4323.80	490.10	XOF Billion	[+]
GDP From Agriculture	900.20	868.00	900.20	180.00	XOF Billion	[+]
GDP From Manufacturing	943.50	859.70	943.50	63.20	XOF Billion	[+]
GDP From Mining	15.00	13.40	15.00	-9.00	XOF Billion	[+]
GDP From Public Administration	314.00	315.90	315.90	45.90	XOF Billion	[+]
GDP From Services	1593.00	1513.80	1593.00	171.00	XOF Billion	[+]

Benin is one of the healthiest African democracies and has an active civil society. Agriculture is the most important sector of the economy. A large part of the population still depends on subsistence agriculture and agriculture products account for over 70 percent of total exports. Recent government investment in infrastructure, agriculture and tourism may result in growth in coming years. This page provides - Benin GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Benin GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on January of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	5.80	5.60	9.95	-4.90	1961 - 2018	percent	Quarterly

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Country	Last		Previous	Range
India	7.10	Sep/18	8.2	11.4 : -5.2	%
China	6.50	Sep/18	6.7	15.4 : 3.8	%
Indonesia	5.17	Sep/18	5.27	7.16 : 1.56	%
United States	3.00	Sep/18	2.9	13.4 : -3.9	%
Australia	2.80	Sep/18	3.1	9 : -3.4	%
Mexico	2.50	Sep/18	2.6	9 : -9.1	%
Saudi Arabia	2.50	Sep/18	1.61	24.2 : -20.7	%
Netherlands	2.40	Sep/18	3.1	6.1 : -4.6	%
Spain	2.40	Sep/18	2.5	5.6 : -4.3	%
Switzerland	2.40	Sep/18	3.5	5.8 : -3.7	%
Singapore	2.20	Dec/18	2.3	19 : -8.8	%
Canada	2.10	Sep/18	1.9	9.3 : -4.1	%
South Korea	2.00	Sep/18	2.8	20.8 : -7.3	%
Euro Area	1.60	Sep/18	2.2	5 : -5.5	%
Turkey	1.60	Sep/18	5.3	11.7 : -14.4	%
Russia	1.50	Sep/18	1.9	12.1 : -11.2	%
United Kingdom	1.50	Sep/18	1.4	9.7 : -6.1	%
France	1.40	Sep/18	1.7	12.6 : -3.8	%
Brazil	1.30	Sep/18	0.9	10.1 : -5.5	%
Germany	1.10	Sep/18	2	7.2 : -6.8	%
South Africa	1.10	Sep/18	0.4	7.1 : -2.6	%
Italy	0.70	Sep/18	1.2	10.3 : -7.2	%
Japan	0.00	Sep/18	1.4	9.4 : -8.8	%
Argentina	-3.50	Sep/18	-4	16.2 : -16.3	%