The Gross Domestic Product (GDP) in Benin expanded 6.70 percent in the fourth quarter of 2021 over the same quarter of the previous year. source: Institut National de la Statistique et de l’Analyse Economique

GDP Annual Growth Rate in Benin averaged 4.28 percent from 1961 until 2021, 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. This page provides - Benin GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Benin GDP Annual Growth Rate - values, historical data and charts - was last updated on August of 2022.

GDP Annual Growth Rate in Benin is expected to be 5.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Benin GDP Annual Growth Rate is projected to trend around 6.10 percent in 2023 and 6.00 percent in 2024, according to our econometric models.

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Benin GDP Annual Growth Rate

Related Last Previous Unit Reference
GDP Annual Growth Rate 6.70 8.20 percent Dec 2021

Benin GDP Annual Growth Rate
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.
Actual Previous Highest Lowest Dates Unit Frequency
6.70 8.20 9.95 -4.90 1961 - 2021 percent Quarterly