Industrial Production in Hungary decreased 5.60 percent in March of 2020 over the same month in the previous year. Industrial Production in Hungary averaged 4.65 percent from 1991 until 2020, reaching an all time high of 23.50 percent in May of 2000 and a record low of -28.99 percent in February of 2009. In Hungary, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides - Hungary Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Hungary increased 4.30 percent in April of 2020 over the same month in the previous year. Core Inflation Rate in Hungary averaged 3.95 percent from 1982 until 2020, reaching an all time high of 26.31 percent in January of 1996 and a record low of -0.60 percent in October of 1992. In Hungary, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides - Hungary Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Hungary recorded a trade surplus of 153361.42 HUF Million in March of 2020. Balance of Trade in Hungary averaged 33897.90 HUF Million from 1988 until 2020, reaching an all time high of 381947.68 HUF Million in February of 2020 and a record low of -246914.83 HUF Million in April of 2004. Hungary's main exports are machinery and transport equipment, consumer goods, agricultural products, chemicals, apparel, textiles, iron and steel, and wine. Hungary's major imports are machinery and equipment, other manufactures and fuels and electricity. European Union is by far its largest trading partner, accounting for about 79% of exports and 76% of imports. This page provides - Hungary Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Hungary decreased to 3089445.27 HUF Million in March from 3205231.49 HUF Million in February of 2020. Exports in Hungary averaged 1116716.31 HUF Million from 1988 until 2020, reaching an all time high of 3367424.89 HUF Million in October of 2019 and a record low of 26300 HUF Million in January of 1989. Hungary's main exports are machinery and transport equipment, consumer goods, agricultural products, chemicals, apparel, textiles, iron and steel, and wine. Trade with EU countries now comprises over 79 percent. Germany is Hungary's the most important trading partner. This page provides - Hungary Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Hungary increased to 2936083.85 HUF Million in March from 2823283.82 HUF Million in February of 2020. Imports in Hungary averaged 1082818.41 HUF Million from 1988 until 2020, reaching an all time high of 3225323.82 HUF Million in October of 2019 and a record low of 27000 HUF Million in February of 1988. Hungary's major imports are machinery and equipment, other manufactures and fuels and electricity. Hungary imports 76% of products from other European Union countries. Main import partners are also Russia and China. This page provides - Hungary Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Hungary decreased 0.60 percent in April of 2020 over the previous month. Inflation Rate Mom in Hungary averaged 0.23 percent from 2009 until 2020, reaching an all time high of 2.10 percent in January of 2012 and a record low of -0.70 percent in December of 2014. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Hungary Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Hungary was recorded at 2.40 percent in April of 2020. Inflation Rate in Hungary averaged 8.69 percent from 1992 until 2020, reaching an all time high of 31 percent in June of 1995 and a record low of -1.40 percent in January of 2015. In Hungary, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (21.3 percent of total weight). Transport accounts for 16.2 percent; Housing and Utilities for 13.2 percent; Alcoholic beverages and Tobacco for 8.3 percent; Recreation and Culture for 7.7 percent and Miscellaneous Goods and Services for 7.3 percent. Restaurants and Hotels; Health; Furniture, Household Goods and Maintenance; Communication; Clothing and Footwear and Education account for the remaining 26 percent of total weight. This page provides - Hungary Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in Hungary decreased to 1343 points in April from 1350.70 points in March of 2020. Consumer Price Index CPI in Hungary averaged 830.98 points from 1992 until 2020, reaching an all time high of 1350.70 points in March of 2020 and a record low of 152.40 points in January of 1992. In Hungary, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Hungary Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core Consumer Prices in Hungary increased to 459.30 points in April from 458.20 points in March of 2020. Core Consumer Prices in Hungary averaged 305.82 points from 1995 until 2020, reaching an all time high of 459.30 points in April of 2020 and a record low of 102.90 points in January of 1995. This page provides - Hungary Core Consumer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Hungary decreased to 89.50 points in April of 2020 from 99.40 points in March of 2020. CPI Transportation in Hungary averaged 104.14 points from 1999 until 2020, reaching an all time high of 122 points in December of 1999 and a record low of 89.50 points in April of 2020. This page provides - Hungary Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Hungary recorded a government budget surplus of 104.50 HUF Billion in April of 2020. Government Budget Value in Hungary averaged -74.77 HUF Billion from 1992 until 2020, reaching an all time high of 434.90 HUF Billion in December of 2010 and a record low of -907.60 HUF Billion in December of 2016. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides the latest reported value for - Hungary Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Foreign Exchange Reserves in Hungary increased to 28985.30 EUR Million in April from 25773.20 EUR Million in March of 2020. Foreign Exchange Reserves in Hungary averaged 17358.94 EUR Million from 1990 until 2020, reaching an all time high of 38763.60 EUR Million in September of 2011 and a record low of 678.80 EUR Million in July of 1990. In Hungary, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides - Hungary Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Building Permits in Hungary increased to 865 in March from 769 in February of 2020. Building Permits in Hungary averaged 1184.39 from 2002 until 2020, reaching an all time high of 2876 in July of 2003 and a record low of 242 in January of 2013. This page provides - Hungary Building Permits- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Hungary stands at BBB with stable outlook. Moody's credit rating for Hungary was last set at Baa3 with stable outlook. Fitch's credit rating for Hungary was last reported at BBB with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Hungary thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Hungary as reported by major credit rating agencies.

Hungary recorded 3213 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Hungary reported 405 Coronavirus Deaths. This page includes a chart with historical data for Hungary Coronavirus Cases.

Hungary recorded 405 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Hungary reported 3213 Coronavirus Cases. This page includes a chart with historical data for Hungary Coronavirus Deaths.

Hungary recorded 904 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Hungary reported 405 Coronavirus Deaths. This page includes a chart with historical data for Hungary Coronavirus Recovered.

Internet Speed in Benin decreased to 1516.62 KBps in the first quarter of 2017 from 1641.59 KBps in the fourth quarter of 2016. Internet Speed in Benin averaged 610.69 KBps from 2007 until 2017, reaching an all time high of 1641.59 KBps in the fourth quarter of 2016 and a record low of 164.95 KBps in the third quarter of 2009. This page includes a chart with historical data for BeninInternet Speed.

IP Addresses in Benin decreased to 5580 IP in the first quarter of 2017 from 5652 IP in the fourth quarter of 2016. IP Addresses in Benin averaged 4134.15 IP from 2007 until 2017, reaching an all time high of 6405 IP in the fourth quarter of 2015 and a record low of 1243 IP in the third quarter of 2007. This page includes a chart with historical data for BeninIP Addresses.

Temperature in Benin decreased to 25.99 celsius in December from 28.10 celsius in November of 2015. Temperature in Benin averaged 27.19 celsius from 1849 until 2015, reaching an all time high of 31.72 celsius in March of 2010 and a record low of 22.77 celsius in August of 1890. This page includes a chart with historical data for Benin Average Temperature.

Leading Economic Index Benin increased 0.80 percent in February of 2018 over the same month in the previous year. Leading Economic Index in Benin averaged 0.77 Percent from 2012 until 2018, reaching an all time high of 3.10 Percent in November of 2013 and a record low of -3 Percent in December of 2012. In Benin, Business Survey Indicator (Indicateur Synthétique de la Conjoncture) shows a year over year change in the activity of different economic sectors including industrial production, construction, internal trade and services, anticipating future movements in GDP. This page provides - Benin ISC- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Living Wage Individual in Benin decreased to 63300 XOF/Month in 2015 from 63600 XOF/Month in 2015. Living Wage Individual in Benin averaged 63450 XOF/Month from 2015 until 2015, reaching an all time high of 63600 XOF/Month in the first quarter of 2015 and a record low of 63300 XOF/Month in the second quarter of 2015. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey.

Wages High Skilled in Benin increased to 120000 XOF/Month in 2015 from 110000 XOF/Month in 2015. Wages High Skilled in Benin averaged 115000 XOF/Month from 2015 until 2015, reaching an all time high of 120000 XOF/Month in the second quarter of 2015 and a record low of 110000 XOF/Month in the first quarter of 2015. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages Low Skilled in Benin remained unchanged at 48000 XOF/Month in 2015 from 48000 XOF/Month in 2015. Low Skilled Wages refer to highest estimate of wage of workers doing low-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Military Expenditure in Benin decreased to 84 USD Million in 2018 from 116 USD Million in 2017. Military Expenditure in Benin averaged 44.27 USD Million from 1970 until 2018, reaching an all time high of 116 USD Million in 2017 and a record low of 14 USD Million in 1978.

The Gross Domestic Product per capita in Benin was last recorded at 2151.50 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Benin, when adjusted by Purchasing Power Parity is equivalent to 12 percent of the world's average. GDP per capita PPP in Benin averaged 1738.26 USD from 1990 until 2018, reaching an all time high of 2151.50 USD in 2018 and a record low of 1462.70 USD in 1990. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Benin GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Benin increased to 184.30 CFA Franc Billion in the second quarter of 2019 from 150.56 CFA Franc Billion in the first quarter of 2019. Exports in Benin averaged 62.48 CFA Franc Billion from 2003 until 2019, reaching an all time high of 184.30 CFA Franc Billion in the second quarter of 2019 and a record low of 0.80 CFA Franc Billion in the third quarter of 2004. Benin exports mostly agricultural products. Cotton (40 percent of total exports) is the most important export followed by cocoa, maize and seafood. This lack of diversification makes the country’s trade highly vulnerable to weather conditions and price fluctuations. Benin’s main export partners are Nigeria (21 percent) and China (20 percent). Others include: India, Chad, Ghana, Thailand, Togo and Indonesia. This page provides the latest reported value for - Benin Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Imports in Benin decreased to 349.28 CFA Franc Billion in the second quarter of 2019 from 514.33 CFA Franc Billion in the first quarter of 2019. Imports in Benin averaged 251.04 CFA Franc Billion from 2003 until 2019, reaching an all time high of 744.61 CFA Franc Billion in the third quarter of 2013 and a record low of 27.40 CFA Franc Billion in the second quarter of 2005. Benin’s main imports are: fuel, food and capital equipment. Benin’s main import partner is France (18 percent of total imports) followed by China (15 percent). Others include: Togo, Ghana, Belgium and the United Kingdom. This page provides the latest reported value for - Benin Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Benin recorded a trade deficit of 164.98 CFA Franc Billion in the second quarter of 2019. Balance of Trade in Benin averaged -188.60 CFA Franc Billion from 2003 until 2019, reaching an all time high of -8.30 CFA Franc Billion in the second quarter of 2005 and a record low of -679.56 CFA Franc Billion in the third quarter of 2013. Benin’s systemic trade deficit is the result of the country’s dependence on imports for energy needs and high value-added goods. Moreover, Benin’s exports of agricultural products such as cotton, cocoa and maze are highly vulnerable to the weather and price fluctuations. Main trading partner is China (20 percent of exports and 15 percent of imports). Others include: Thailand, Togo and India. This page provides the latest reported value for - Benin Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Benin scored 45.82 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Benin averaged 13.82 Points from 2007 until 2019, reaching an all time high of 45.82 Points in 2019 and a record low of 3.42 Points in 2007. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Benin Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Benin is the 125 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Benin averaged 114.25 from 2007 until 2019, reaching an all time high of 130 in 2014 and a record low of 103 in 2010. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Benin Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Benin recorded a Current Account deficit of 10.80 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Benin averaged -6.74 percent from 1974 until 2018, reaching an all time high of 0.66 percent in 1994 and a record low of -29.75 percent in 1982. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Benin Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Benin is ranked 149 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Benin improved to 149 in 2019 from 153 in 2018. Ease of Doing Business in Benin averaged 163.67 from 2008 until 2019, reaching an all time high of 175 in 2011 and a record low of 149 in 2019. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Benin.

Deposit Interest Rate in Benin decreased to 6.49 percent in 2017 from 6.93 percent in 2016. Deposit Interest Rate in Benin averaged 7.70 percent from 2005 until 2017, reaching an all time high of 8.58 percent in 2009 and a record low of 6.49 percent in 2017. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Benin.

Terrorism Index in Benin remained unchanged at 0 in 2018 from 0 in 2017. Terrorism Index in Benin averaged 0.05 from 2002 until 2018, reaching an all time high of 0.46 in 2007 and a record low of 0 in 2003. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

GDP Constant Prices in Benin increased to 4629.70 XOF Billion in 2018 from 4323.80 XOF Billion in 2017. GDP Constant Prices in Benin averaged 2137.01 XOF Billion from 1990 until 2018, reaching an all time high of 4629.70 XOF Billion in 2018 and a record low of 490.10 XOF Billion in 1990. This page provides - Benin Gdp Constant Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Agriculture in Benin increased to 983.50 XOF Billion in 2018 from 900.20 XOF Billion in 2017. GDP From Agriculture in Benin averaged 530.01 XOF Billion from 1990 until 2018, reaching an all time high of 983.50 XOF Billion in 2018 and a record low of 180 XOF Billion in 1990. This page provides - Benin Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Manufacturing in Benin increased to 1012.80 XOF Billion in 2018 from 943.50 XOF Billion in 2017. GDP From Manufacturing in Benin averaged 444.26 XOF Billion from 1990 until 2018, reaching an all time high of 1012.80 XOF Billion in 2018 and a record low of 63.20 XOF Billion in 1990. This page provides - Benin Gdp From Industrial Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Mining in Benin increased to 15.90 XOF Billion in 2018 from 15 XOF Billion in 2017. GDP From Mining in Benin averaged 8.91 XOF Billion from 1990 until 2018, reaching an all time high of 15.90 XOF Billion in 2018 and a record low of -9 XOF Billion in 2014. This page provides - Benin Gdp From Extraction, Mining and Oil- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Public Administration in Benin increased to 330 XOF Billion in 2018 from 314 XOF Billion in 2017. GDP From Public Administration in Benin averaged 153.58 XOF Billion from 1990 until 2018, reaching an all time high of 330 XOF Billion in 2018 and a record low of 45.90 XOF Billion in 1993. This page provides - Benin Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Services in Benin increased to 1696.10 XOF Billion in 2018 from 1593 XOF Billion in 2017. GDP From Services in Benin averaged 792.67 XOF Billion from 1992 until 2018, reaching an all time high of 1696.10 XOF Billion in 2018 and a record low of 171 XOF Billion in 1992. This page provides - Benin Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Benin was last recorded at 896.30 US dollars in 2018. The GDP per Capita in Benin is equivalent to 7 percent of the world's average. GDP per capita in Benin averaged 649.45 USD from 1960 until 2018, reaching an all time high of 896.30 USD in 2018 and a record low of 503.60 USD in 1962. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides the latest reported value for - Benin GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Benin scored 41 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Benin averaged 33.44 Points from 2004 until 2019, reaching an all time high of 41 Points in 2019 and a record low of 25 Points in 2006. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Benin Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Benin is the 80 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Benin averaged 94.50 from 2004 until 2019, reaching an all time high of 121 in 2006 and a record low of 77 in 2004. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Benin Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Unemployment Rate in Benin decreased to 2 percent in 2019 from 2.10 percent in 2018. Unemployment Rate in Benin averaged 1.48 percent from 1991 until 2019, reaching an all time high of 2.70 percent in 2011 and a record low of 0.70 percent in 2001. In Benin, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Benin Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Sales Tax Rate in Benin stands at 18 percent. In Benin, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Benin. This page provides the latest reported value for - Benin Sales Tax Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Benin recorded a Current Account deficit of 927.31 USD Million in 2017. Current Account in Benin averaged -251.15 USD Million from 1974 until 2017, reaching an all time high of 10.55 USD Million in 1994 and a record low of -927.31 USD Million in 2017. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Benin Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Benin was worth 10.40 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Benin represents 0.01 percent of the world economy. GDP in Benin averaged 2.99 USD Billion from 1960 until 2019, reaching an all time high of 10.40 USD Billion in 2019 and a record low of 0.23 USD Billion in 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Benin GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Benin was estimated at 11.8 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Benin had a population of 2.4 million people. The population of Benin represents 0.13 percent of the world´s total population which arguably means that one person in every 766 people on the planet is a resident of Benin. This page provides the latest reported value for - Benin Population - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in Benin was last recorded at 4.50 percent. Interest Rate in Benin averaged 4.03 percent from 2010 until 2020, reaching an all time high of 4.50 percent in December of 2016 and a record low of 3.50 percent in September of 2013. Benin is a member of the Economic and Monetary Community of West Africa (UEMOA). In UEMOA, interest rates decisions are taken by the Central Bank of West African States’ Monetary Policy Committee. The Central Bank of West African States’ official rate is the key interest rate. This page provides - Benin Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.