Nominal GDP
$24.57B
current US$ · 2025
World Bank
🇧🇯
Economy Snapshot
Benin Economy and Trade
Porto-NovoLocal time
GDP $24.57B · real growth +8.1% · 2025
Benin's output measure stands at $24.57B in 2025; real GDP growth is listed separately at +8.1% for 2025. The per-person GDP figure is $1,658 (2025); the CPI series shows 1.1% for 2025. Reference years remain attached to each series so readers can compare the figures without treating differently dated measures as one snapshot.
GDP per capita
$1,658
current US$ · 2025
World Bank
Real GDP growth
+8.1%
annual % · 2025
World Bank
Inflation
1.1%
CPI annual % · 2025
Source listed below
Benin at a Glance
Each measure keeps its own definition and reference year so unlike concepts are not silently combined.
Output trend
Nominal GDP · annual observations · current US$ · World Bank
2015: $11.39B2016: $11.82B2017: $12.70B2018: $14.26B2019: $14.39B2020: $15.69B2021: $17.69B2022: $17.43B2023: $19.67B2024: $21.48B2025: $24.57B
GDP per capita$1,658
Real growth+8.1%
Reference year2025
2025 Inflation
1.1%
CPI annual %
2025 Unemployment
1.6%
labor-market measure
2025 GDP per capita
$1,658.3
current US$
Economic structure and Merchandise trade
Available measures are shown with their reported reference periods.
Economic structure
Selected value-added shares
Services · 202550.1%
Agriculture · 202522.9%
Only independently verified sector shares are displayed on this page.
Merchandise trade
WTO / UN Comtrade · 2024 · USD
Exports$1.11Bmerchandise · 2024
Imports$3.37Bmerchandise · 2024
Balance-$2.25Bsame definition and year
Largest highlighted export destination
Bangladesh43.2%
Merchandise trade is kept separate from broader goods-and-services measures.
Understand the numbers
What Benin's economic profile is telling you
Benin posted fast real GDP growth in the latest World Bank data. Services account for about half of value added, while agriculture remains a major part of the economy and an important base for exports.
Cotton is central to the merchandise export basket. Bangladesh was the largest export destination in the 2024 WTO profile, while imports were much larger than exports.
The main economic signal
Benin should be read through the combination of output growth, price pressure, labor conditions, sector structure and trade rather than through GDP alone.
Why the definitions matter
Nominal GDP, real growth, CPI inflation, unemployment, sector value added and merchandise trade measure different things. Their units, years and sources stay visible throughout the page.
Detailed Economic Data
The same values are provided in the data table below.
| Indicator | Benin | Reference period | Status |
|---|---|---|---|
| GDPcurrent US$, market prices | $24.57B | 2025 | Actual |
| GDP per capitacurrent US$ | $1,658.3 | 2025 | Actual |
| Real GDP growthannual % | +8.1% | 2025 | Actual |
| InflationCPI, annual % | 1.1% | 2025 | Actual |
| Unemploymentmodeled ILO estimate | 1.6% | 2025 | Estimate |
| Services value added% of GDP | 50.1% | 2025 | Latest available |
| Agriculture value addedforestry and fishing included, % of GDP | 22.9% | 2025 | Latest available |
| Merchandise exportsUSD | $1.11B | 2024 | Actual |
| Merchandise importsUSD | $3.37B | 2024 | Actual |
Frequently Asked Questions
What is Benin's GDP?
Benin's nominal GDP was about $24.57B in 2025 in current US dollars according to the World Bank.
Is Benin's economy growing?
World Bank annual data show real GDP growth of +8.1% in 2025.
What is Benin's inflation rate?
The annual CPI reading used here is 1.1% for 2025.
What does the trade balance show for Benin?
Merchandise exports were $1.11B and imports were $3.37B in 2024, giving a same-definition balance of -$2.25B.
Sources & methodology
Sources for the economic indicators and definitions shown above.
View sources used for this page
Primary comparable source for GDP, GDP per capita, real growth, inflation, modeled unemployment and selected sector value-added shares.
Official data: GDP · GDP per capita · Real growth · Inflation · Unemployment · Services value added · Agriculture value added
Matched-year merchandise exports and imports from the WTO economy profile.
Official data: WTO country profile
Each metric keeps its own definition and reference period; unavailable comparable values remain unfilled.