bj Benin 2016

Detailed economic analysis and indicators for 2016

Year 2016

Key Economic Indicators (2016)

GDP (Current USD)

$11.82 billion

↑ 3.80% vs 2015
GDP per Capita

$1,010.53

↑ 0.81% vs 2015
GDP Growth (Annual %)

3.34%

↑ 1.56pp vs 2015
Inflation Rate (CPI %)

-0.79%

↓ 1.01pp vs 2015

Year-over-Year Comparison

Indicator 2015 2016 Change
GDP (Current USD) $11.39 billion $11.82 billion +3.80%
GDP per Capita $1,002.42 $1,010.53 +0.81%
GDP Growth (Annual %) 1.78% 3.34% +1.56pp
Inflation (CPI %) 0.22% -0.79% -1.01pp
Unemployment Rate (%) 1.82% 1.78% -0.04pp

All Economic Indicators (2016)

National Accounts
GDP (Current USD)
$11.82 billion
GDP per Capita
$1,010.53
GDP Growth (Annual %)
3.34%
Gross National Income
$11.78 billion
Prices & Employment
Inflation (CPI %)
-0.79%
Inflation (GDP Deflator %)
0.68%
Unemployment Rate (%)
1.78%
Interest Rate (Real %)
4.58%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-3.00%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2016, Benin's Gross Domestic Product (GDP) is $11.82 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Benin for 2016 is $1,010.53. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Benin for 2016 is -0.79%. This measures the annual percentage change in the cost of consumer goods and services.

Benin's annual GDP growth rate for 2016 is 3.34%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Benin for 2016 is 1.78%. This represents the percentage of the labor force that is unemployed and actively seeking employment.