Benin vs Luxembourg: Economic Indicators Comparison

Luxembourg with a GDP of $70.9B ranked the 72nd largest economy in the world, while Benin ranked 143rd with $10.4B. By GDP 5-years average growth and GDP per capita, Luxembourg and Benin ranked 88th vs 34th and 3rd vs 173rd, respectively.

Gross Domestic Product & Income

StatBeninLuxembourg
GDP$10.4B$70.9B
GDP growth, 1 year6.5%3%
GDP growth, 5-years average5%3%
Population11.2M626k
GDP per capita$902$117k
GDP per capita growth3.98%1.18%
Purchasing Power Parity conversion factor206.520.87
Price level ratio of PPP conversion factor GDP to market exchange rate0.371.03
GDP per capita, PPP adjusted$2.4k$107k
GNI, Atlas method$10B$43.1B
GNI per capita$870$71k
GNI, PPP adjusted$27.6B$43.9B
GNI per capita, PPP adjusted$2.4k$72k

Financial system and Human development

StatBeninLuxembourg
Income Tax Rate45%42%
Corporate Tax Rate30%18%
Inflation, consumer prices1%2%
Inflation, GDP deflator0%2.5%
Unemployment2.1%5.5%
Economic Freedom Index55.275.8
Personal Freedom Index7.469.1
Human Freedom Index6.858.46
Property Rights Index41.386.4
Judical Effectiveness Index36.474.4
Business Freedom Index5866.8
Fiscal Health Index46.699
Labor Freedom Index53.745.3
Investment Freedom Index6095
Financial Freedom Index5080
Trade Freedom Index49.486.4
Monetary Freedom Index84.376.4
Government Spending Index84.245.4
Tax Burden Index6964.1
Government Integrity Index29.690.3
Corruption Perceptions Index4081
Life expectancy at birth, years61.282.7
Suicide mortality rate, per 100,000 people9.913.5
Mortality caused by road traffic injury, per 100,000 people27.56.3
Intentional homicides, per 100,000 people1.10.3
International tourism, number of arrivals295k1M

Government debt & reserves

StatBeninLuxembourg
Central government debt, % of GDP54.6%21.8%
External debt stocks, % of GNI35.9%N/A
External debt stocks$3.7BN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary income7.8%N/A
Adjusted net savings including particulate emission damage, % of GNI-3.4%20.9%
Gross savings, % of GDP12.3%17.4%
Gross capital formation, % of GDP25.8%17.6%
Total reserves including goldN/A$938.9M
Foreign direct investment net inflows$207.5M-$5.6B

Exports, imports and economic structure

StatBeninLuxembourg
Exports of goods and services, % of GDP35.4%211.6%
Imports of goods and services, % of GDP44.2%175.5%
Current account balance (balance of payments)-$927.3M$3.4B
Revenue excluding grants, % of GDP12.9%40.9%
Grants excluding technical cooperation, BoP$328.1MN/A
Personal remittances received$198.7M$2.1B
Industry including construction value added, % of GDP21.5%11.8%
Agriculture, forestry and fishing value added, % of GDP22.6%0.2%
Charges for the use of intellectual property, payments BoP$18k$5B
Charges for the use of intellectual property, receipts BoP$877$2.4B
Expense, % of GDPN/A38.7%
Government Expenditure, % of GDP23%42.7%

Compare with countries close by GDP per capita

Benin vs

CountryGDP
per capita
Population
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M

Luxembourg vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k