Benin

Key Indicators

Summary statistics

Capital: Porto-Novo
Currency: West African CFA Franc (XOF)
Area: 114,763 km²
Geographic Location: Region: West Africa Coordinates: Approximately 6.50°N latitude and 2.60°E longitude.
Population: 14.5 million

Description 2022 2023
National Accounts
Real GDP Growth (annual percent change) 6.3 5.5
GDP (current prices, billions of US$) 17.44 19.94
GDP per capita (current prices, US$ per capita) 1.3 thousand 1.45 thousand
Inflation rate, average consumer prices (annual % change) 1.4 5
Trade
Imports in Services (current prices, millions of $US)
Exports in Services (current prices, millions of $US)
Merchandise Imports (current prices, millions of $US)
Merchandise Exports (current prices, millions of $US)
Gas + Petrol Imports (in thousands of $US)
Gas + Petrol Exports (in thousands of $US)
BOP ( BALANCE OF PAYMENTS)
Current account, balance (billions of $US) -0.983 -1.188
Current account, balance ( % of GDP) -5.6 -6
FINANCE
General government net lending/borrowing (% of GDP) -5.6 -4.3
General government gross debt (% of GDP) 54.2 53
EMPLOYMENT & SOCIAL INDICATORS
Population 13,352,864 13,712,828

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