General profile: Benin

GENERAL INFORMATION FOR 2016
Population
Population
Exchange rates
Exchange rate
GDP
GDP
11.167 Millions
593.008 XOF/US$
8 727 Millions current US$
Land area
Land area ¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
..
-0.93 %
4.20 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-10.7 %
Merchandise exports growth rate in 2016
Total merchandise trade
(millions of US$)
2005
2010
2015
2016
Merchandise exports
578
1 282
1 516
1 354
Merchandise imports
1 018
2 054
2 311
2 251
Merchandise trade balance
-440
-772
-795
-897
Export structure by product group in 2016
(as % of total exports)
7 %7 %21 %21 %4 %4 %30 %30 %39 %39 %
Top 5 partners in 2016
(exports, millions of US$)
192185147141101192185147141101
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services ²
(millions of US$)
2005
2010
2015
2016
Services exports
194
376
351
(e) 382
Services imports
281
515
669
(e) 712
Services trade balance
-87
-138
-318
(e) -330
Services exports by main category ²
(as % of total services)
2005
2010
2015
2016
Transport
16.9
26.9
40.8
-
Travel
53.3
39.6
40.1
(e) 39.2
Other services
29.7
33.5
18.9
-
TRADE INDICES
More data on UNCTADstat
207207228228347347263263186186178178195195209209195195194194148148121121128128133133120120989810010011811811211211511511611611911912912912312311311311211210810810610699991011011011019090909010010020722834726318617819520919519414812112813312098100118112115116119129123113112108106991011019090100
ECONOMIC TRENDS
More data on UNCTADstat
+4.2 %
Gross domestic product growth rate in 2016
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2016
GDP, current
4 804
6 970
8 476
8 727
GDP per capita, current US$
587
733
779
782
Real GDP growth, y-on-y, %
1.71
2.11
5.24
4.20
Current account balance, % of GDP
-4.71
-7.61
-11.27
..
Exchange rate (/US$)
527.468
495.277
591.450
593.008
GDP by expenditure in 2015
(as % of total GDP)
67.315.126.626.935.967.315.126.626.935.9
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.2 %
FDI outflows as % of GDP in 2016
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2016
FDI inflows
53.04
176.80
149.70
160.59
FDI outflows
-0.38
-17.91
26.36
17.25
Personal remittances, % of GDP
3.06
2.00
3.60
..
Financial flows trends
(millions of US$)
304.3304.3304.3304.3248.7248.7207.8207.8172.0172.0139.4139.4125.9125.9207.0207.0240.5240.5195.5195.5146.9146.963.063.055.355.375.875.883.083.085.785.71611611501504054053603602302301611611771771341341701702552555353535364644545141444446060304.3304.3248.7207.8172.0139.4125.9207.0240.5195.5146.963.055.375.883.085.716115040536023016117713417025553536445144460FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators ²
(as % and index)
2005
2010
2015
2016
Balance, % of GDP
-7.76
-9.07
-9.70
(e) -12.94
Balance, % of imports
-32.56
-27.59
-28.79
(e) -32.57
Normalized balance
-0.194
-0.160
-0.168
(e) -0.195
Trade openness ²
(sum of imports and exports as % of GDP)
675875645551575256584640
LABOUR FORCE
More data on UNCTADstat
Labour force by gender in 2016
(as % of total labour force, all sectors)
Male
52%Male 52%Female
48%Female 48%
OTHER INDICATORS
More data on UNCTADstat
0 %
Share of the total world merchant fleet in 2016
Maritime transport indicators
 
2005
2010
2015
2016
Merchant fleet, national flag (thousands of DWT)
..
388 000
388 000
388 000
Liner shipping connectivity index (maximum 2004 = 100 for China)
10.23
11.51
17.67
18.34
Container port throughput (TEU)
..
316 744
(e) 408 146
..
Information economy indicators
(as % of)
2005
2010
2015
2016
Share of ICT goods, % of total exports
0.01
0.03
0.04
..
Share of ICT goods, % of total imports
2.87
1.95
1.67
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 15 September 2017