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Economy of Benin vs Pakistan compared: GDP & Debt

Updated on by Georank team

Benin has a GDP of $21.5B compared to $372B for Pakistan, ranking 126/197 and 43/197 by economy size, respectively.

Benin has $11.5B in government debt (53.4% of GDP), compared to $262B (70.4% of GDP) in Pakistan.

Benin vs Pakistan GDP by year

Benin
Pakistan
1x
Year GDP, current $
Benin Pakistan
2024 $21,482,643,706 $371,570,000,121
2023 $19,673,291,004 $336,686,348,609
2022 $17,425,405,091 $374,890,295,667
2021 $17,687,623,530 $348,516,647,445
2020 $15,686,741,884 $300,425,609,818
2019 $14,391,686,313 $320,909,472,771
2018 $14,262,408,090 $356,128,166,705
2017 $12,701,655,837 $339,205,534,861
2016 $11,821,065,853 $313,630,000,130
2015 $11,388,160,997 $299,963,590,535
2014 $13,284,527,847 $271,390,474,858
2013 $12,517,845,124 $258,657,231,672
2012 $11,141,358,116 $250,106,966,105
2011 $10,693,321,364 $230,586,581,060
2010 $9,535,345,016 $196,709,621,850
2009 $9,738,626,517 $187,337,783,856
2008 $9,787,734,526 $202,203,748,584
2007 $8,169,048,383 $184,140,869,997
2006 $7,034,111,315 $161,871,385,506
2005 $6,567,654,954 $145,208,562,961
2004 $6,190,270,380 $132,216,048,339
2003 $5,349,258,094 $112,371,913,741
2002 $4,194,342,686 $97,923,302,809
2001 $3,666,222,635 $97,145,618,480
2000 $3,519,991,440 $99,484,802,345
1999 $3,677,393,999 $62,973,857,069
1998 $2,455,092,686 $62,191,955,814
1997 $2,268,301,646 $62,433,340,468
1996 $2,361,116,449 $63,320,170,084
1995 $2,169,627,138 $60,636,071,684
1994 $1,598,075,944 $52,293,470,813
1993 $2,274,558,083 $51,809,999,353
1992 $1,695,315,306 $48,884,671,947
1991 $1,986,437,797 $45,625,336,680
1990 $1,959,965,330 $40,010,423,970
1989 $1,502,294,416 $40,171,106,279
1988 $1,620,246,084 $38,472,742,808
1987 $1,562,412,228 $33,351,529,275
1986 $1,336,102,025 $31,899,070,056
1985 $1,045,712,789 $31,144,920,844
1984 $1,051,134,009 $31,151,825,467
1983 $1,095,348,199 $28,691,889,764
1982 $1,267,778,670 $30,725,971,564
1981 $1,291,120,188 $28,100,606,061
1980 $1,405,251,847 $23,654,444,444
1979 $1,186,231,020 $19,688,383,838
1978 $928,843,469 $17,811,515,152
1977 $750,049,779 $15,126,060,606
1976 $698,408,262 $13,168,080,808
1975 $676,870,140 $11,230,606,061
1974 $554,654,861 $8,899,191,919
1973 $504,376,074 $6,383,429,490
1972 $410,331,857 $9,415,016,360
1971 $335,073,028 $10,665,896,682
1970 $333,627,713 $10,027,509,450
1969 $330,748,245 $8,683,116,338
1968 $326,323,105 $8,041,999,160
1967 $306,221,953 $7,464,510,710
1966 $302,925,235 $6,561,108,778
1965 $289,908,680 $5,929,231,415
1964 $269,819,006 $5,204,955,901
1963 $253,927,697 $4,630,827,383
1962 $236,434,954 $4,310,163,797
1961 $235,668,221 $4,118,647,627
1960 $226,195,578 $3,749,265,015

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/benin/pakistan | CC BY

GDP per capita in Benin vs Pakistan by year

Benin
GDP per capita

GDP per capita, PPP
Pakistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Benin Pakistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,485 $4,435 $1,479 $6,252
2023 $1,394 $4,130 $1,360 $6,014
2022 $1,266 $3,844 $1,538 $5,920
2021 $1,319 $3,464 $1,455 $5,367
2020 $1,200 $3,245 $1,278 $5,048
2019 $1,131 $3,149 $1,390 $5,038
2018 $1,152 $2,965 $1,569 $4,979
2017 $1,055 $2,886 $1,519 $4,790
2016 $1,011 $2,842 $1,425 $4,631
2015 $1,002 $2,725 $1,380 $4,480
2014 $1,204 $2,670 $1,267 $4,313
2013 $1,169 $2,512 $1,225 $4,174
2012 $1,072 $2,346 $1,204 $4,047
2011 $1,059 $2,265 $1,132 $3,880
2010 $973 $2,220 $987 $3,786
2009 $1,024 $2,213 $964 $3,777
2008 $1,061 $2,215 $1,067 $3,721
2007 $912 $2,136 $998 $3,672
2006 $809 $2,021 $901 $3,515
2005 $779 $1,946 $828 $3,293
2004 $759 $1,915 $772 $3,048
2003 $676 $1,842 $672 $2,822
2002 $546 $1,800 $600 $2,688
2001 $492 $1,746 $610 $2,644
2000 $487 $1,671 $642 $2,565
1999 $525 $1,592 $418 $2,475
1998 $362 $1,537 $424 $2,419
1997 $345 $1,508 $438 $2,398
1996 $369 $1,444 $457 $2,401
1995 $348 $1,395 $451 $2,315
1994 $262.1 $1,316 $400 $2,224
1993 $387 $1,311 $408 $2,160
1992 $302 $1,265 $396 $2,132
1991 $365 $1,239 $380 $1,992
1990 $371 $1,186 $344 $1,895
1989 $293.3 - $358 -
1988 $326 - $354 -
1987 $324 - $317 -
1986 $285.8 - $314 -
1985 $230.4 - $317 -
1984 $238.6 - $327 -
1983 $256 - $311 -
1982 $305 - $345 -
1981 $320 - $328 -
1980 $358 - $287.4 -
1979 $311 - $249.2 -
1978 $249.8 - $233.4 -
1977 $207 - $204.7 -
1976 $197.7 - $183.9 -
1975 $196.5 - $161.7 -
1974 $164.9 - $132 -
1973 $153.6 - $97.5 -
1972 $127.9 - $148.1 -
1971 $106.9 - $172.5 -
1970 $108.8 - $166.7 -
1969 $110.3 - $148.5 -
1968 $111.2 - $141.6 -
1967 $106.6 - $135.2 -
1966 $107.6 - $122.2 -
1965 $105.1 - $113.6 -
1964 $99.8 - $102.5 -
1963 $95.7 - $93.7 -
1962 $90.8 - $89.5 -
1961 $92.1 - $87.8 -
1960 $89.9 - $82 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/benin/pakistan | CC BY

Benin's GDP per capita is $1,485, ranking 162/197, compared to $1,479 in Pakistan, ranking 163/197. Adjusted for purchasing power (GDP per capita PPP), Benin ranks 162nd at $4,435, while Pakistan ranks 150th at $6,252.

Economic indicators

Benin Pakistan
Gross domestic product
$21.5B
2024
$372B
2024
GDP rank
126/197
2024
43/197
2024
GDP growth
7.45%
2023-2024
3.05%
2023-2024
GDP per capita
$1,485
2024
$1,479
2024
GDP per capita rank
162/197
2024
163/197
2024
GDP per capita, PPP
$4,435
2024
$6,252
2024
GDP per capita PPP rank
162/197
2024
150/197
2024
Government debt
$11.5B
2024
$262B
2024
Debt-to-GDP ratio
53.4%
2024
70.4%
2024
Government debt per person
$794
2024
$1,041
2024
Government debt per person rank
151/185
2024
140/185
2024
Average annual personal income after taxes
$1,091
2026
$1,668
2026
Market capitalization of domestic companies n/a
$52.1B
2024
Income share by richest 10%
27.2%
2021
25.5%
2018
Income share by poorest 10%
3.1%
2021
4.2%
2018
Government expenditure, % of GDP
18.1%
2024
19.5%
2024
Consumer prices inflation
1.2%
2023-2024
12.6%
2023-2024
Central bank interest rate n/a
10.5%
2025
Unemployment rate
1.69%
2022
6.96%
2025
Population
15272847
260356147

Spending and national debt comparison by year

Benin
Spending

Debt
Pakistan
Spending

Debt
1x
Year % of GDP
Benin Pakistan
Government spending Government debt Government spending Government debt
2024 18.1% 53.4% 19.5% 70.4%
2023 19.2% 54.9% 19.3% 78.5%
2022 19.9% 54.2% 20% 77.3%
2021 19.9% 50.3% 18.5% 74.7%
2020 19.1% 46.1% 20.3% 80.8%
2019 14.3% 40.4% 19.1% 78.7%
2018 16.5% 40.8% 19.1% 66.3%
2017 17.7% 39.4% 19.1% 62.1%
2016 15.4% 35.9% 17.7% 62.1%
2015 18.2% 30.9% 17.8% 59.1%
2014 14.2% 22.3% 18.1% 58.8%
2013 14.9% 18.5% 19.5% 59.2%
2012 14.2% 19.5% 19.4% 58.4%
2011 14.7% 21.9% 17.9% 56.2%
2010 14.1% 21% 18.3% 56.7%
2009 17% 18.7% 17.3% 54.6%
2008 14.5% 18.3% 18% 49.5%
2007 15.8% 14.3% 16.1% 44.2%
2006 13% 8.37% 14.5% 46.2%
2005 14.1% 27% 13% 47.9%
2004 13.4% 21.5% 12.1% 50.6%
2003 13.7% 23.4% 12.9% 56.3%
2002 15.3% 30.8% 14.4% 60.5%
2001 15.4% 38% 12.9% 65.1%
2000 15.6% 39.6% 13.8% 61.7%
1999 10.7% 39.4% 13.2% 60.7%
1998 10.9% 39.2% 14.1% 53.8%
1997 12.7% 42.9% 13.7% 52.8%
1996 13.3% 43.4% 15% 52.5%
1995 14.8% 48.3% 14% 52.3%
1994 13.6% 64.6% 14.5% 58.5%
1993 12% 41.9% 17% 57.9%
1992 13.5% 41.8% 22.6% 53.3%
1991 12.6% 44% 21.4% 55.8%
1990 13.3% 45.3% 23.9% 48.3%
1989 17.1% 50.3% 26.1% 46.6%
1988 - - 27.9% 45%
1987 - - 29.5% 44.4%
1986 - - 27.6% 43.1%
1985 - - 28.3% 37%
1984 - - 25.4% 33.4%
1983 - - 24.8% 33.6%
1982 - - 24.5% 33.8%
1981 - - 21.6% 29.7%
1980 - - 22% 33.3%
1979 - - 25.3% 36.8%
1978 - - 25.5% 36.1%
1977 - - 20.4% 36.4%
1976 - - 21% 35.8%
1975 - - 20.4% 32.1%
1974 - - 15.3% 38%
1973 - - 13.9% 43.4%
1972 - - 13.5% 88.7%
1971 - - 22.1% 33.2%
1970 - - 23.6% 31.6%
1969 - - 15.6% 29.1%
1968 - - 13.7% 27.5%
1967 - - 12.9% 25.9%
1966 - - 12.2% 25.1%
1965 - - 11.2% 22.7%
1964 - - 12.1% 21.3%
1963 - - 14.7% 19.2%
1962 - - 11.8% 16.6%
1961 - - 10.6% 19.6%
1960 - - 10% 19.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1997, retrieved 2026-02-20).

GeoRank.org/economy/benin/pakistan | CC BY

In 2024, Benin's government spending was $3.88B, accounting for 18.1% of its GDP, while Pakistan spent $72.4B, or 19.5% of GDP.

Debt-to-GDP ratio is 53.4% in Benin and 70.4% in Pakistan, ranking 99/185 and 56/185, respectively.

Government deficit by year

Deficit/surplus
Benin

Pakistan
1x
Year Deficit/surplus, % of GDP
Benin Pakistan
2024 -3.06% -6.81%
2023 -4.13% -7.76%
2022 -5.55% -7.84%
2021 -5.71% -6.04%
2020 -4.68% -7.03%
2019 -0.53% -7.79%
2018 -2.96% -5.67%
2017 -4.18% -5.17%
2016 -4.29% -3.92%
2015 -5.55% -4.74%
2014 -1.65% -4.37%
2013 -1.37% -7.48%
2012 -0.22% -7.74%
2011 -0.98% -6.23%
2010 -0.28% -5.42%
2009 -2.24% -4.53%
2008 -0.04% -5.94%
2007 0.22% -4.23%
2006 -0.15% -2.79%
2005 -1.52% -2.29%
2004 -0.7% -1.29%
2003 -1.07% -0.12%
2002 -3.33% -2.64%
2001 -3.27% -2.45%
2000 -3.69% -3.21%
1999 1.94% -3.07%
1998 1.83% -4.46%
1997 0.47% -3.87%
1996 -0.11% -4.33%
1995 -1.91% -3.9%
1994 -1.57% -3.63%
1993 -0.41% -5.53%
1992 -1.98% -11.3%
1991 -2.25% -10.8%
1990 -2.37% -11.9%
1989 0.89% -7.01%
1988 - -9.35%
1987 - -11.7%
1986 - -9.79%
1985 - -10.6%
1984 - -8.9%
1983 - -7.55%
1982 - -8.24%
1981 - -5.83%
1980 - -5.32%
1979 - -11.6%
1978 - -12.4%
1977 - -8.74%
1976 - -9.05%
1975 - -8.97%
1974 - -4.45%
1973 - -3.99%
1972 - -3.16%
1971 - -7.45%
1970 - -10.8%
1969 - -7.08%
1968 - -5.56%
1967 - -4.27%
1966 - -4.48%
1965 - -3.28%
1964 - -4.89%
1963 - -6.55%
1962 - -3.39%
1961 - -4.6%
1960 - -3.83%
1959 - -3.71%
1958 - -4.2%
1957 - -2.21%
1956 - -2.36%
1955 - -2%
1954 - -3.18%
1953 - -2.66%
1952 - -0.73%
1951 - 0.63%
1950 - -1.24%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1992, retrieved 2026-02-20).

GeoRank.org/economy/benin/pakistan | CC BY

In 2024, Benin's government deficit, the difference between spending and revenue, was $658M, equivalent to 3.06% of GDP. This compares to Pakistan's deficit of $25.3B, or 6.81% of GDP.

Over the past 36 years, Benin recorded a fiscal deficit in 31 of those years, while Pakistan ran a deficit in 36 years. On average, Benin posted an annual deficit equal to 1.84% of GDP, compared to deficit of 5.37% of GDP for Pakistan.

Inflation comparison by year

Inflation
Benin

Pakistan
1x
Year Consumer prices inflation
Benin Pakistan
2024 1.2% 12.6%
2023 2.7% 30.8%
2022 1.4% 19.9%
2021 1.7% 9.5%
2020 3% 9.74%
2019 -0.9% 10.6%
2018 0.8% 5.08%
2017 1.8% 4.09%
2016 -0.8% 3.77%
2015 0.2% 2.53%
2014 -0.6% 7.19%
2013 0.4% 7.69%
2012 6.7% 9.68%
2011 2.7% 11.9%
2010 2.1% 12.9%
2009 0.9% 13.6%
2008 7.4% 20.3%
2007 1.3% 7.6%
2006 3.8% 7.92%
2005 5.4% 9.06%
2004 0.9% 7.44%
2003 1.5% 2.91%
2002 2.4% 3.29%
2001 4% 3.15%
2000 4.2% 4.37%
1999 0.3% 4.14%
1998 5.8% 6.23%
1997 3.8% 11.4%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/benin/pakistan | CC BY

Over the past 28 years, Benin has recorded an average annual inflation rate of 2.29%, compared with 9.26% in Pakistan. In 2024, inflation was 1.2% in Benin and 12.6% in Pakistan.

Top exports between countries

Benin
Export category Export value
Processed food, beverages & tobacco $39.9M
Raw agricultural goods $27.4M
Textiles & consumer goods $8.88M
Wood & paper products $28K
Pakistan
Export category Export value
Raw agricultural goods $76.4M
Raw materials & minerals $1.27M
Textiles & consumer goods $1.13M
Processed food, beverages & tobacco $609K
Machinery & equipment $257K
Miscellaneous $210K
Chemicals & pharma $136K
Animal & marine products $55K
Metals $44K
Wood & paper products $2K

Balance of trade

Benin Pakistan
Current account balance
-$1.61B
2023
$496M
2024
Current account balance ranking
135/190
2023
63/190
2024
Current account balance, % of GDP
-8.18%
2023
+0.13%
2024
Goods imports
$4.65B
2023
$55.6B
2024
Goods exports
$4.05B
2023
$32.1B
2024
Service imports
$1.54B
2023
$11.2B
2024
Service exports
$461M
2023
$8.1B
2024
Imports of goods and services, % of GDP
21.8%
2024
17.2%
2024
Exports of goods and services, % of GDP
18.8%
2024
10.4%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Benin Pakistan
Economic freedom 60 48.9
Economic freedom ranking 96/197 168/197
Property rights 46.4 25.7
Government integrity 44.1 26.3
Judicial effectiveness 47.7 27.6
Tax burden 69.4 78.2
Government spending 89.1 88.5
Fiscal health 65.4 10.1
Business freedom 53.3 54.4
Labor freedom 60.2 51.7
Monetary freedom 82.1 54.1
Trade freedom 62.6 70.4
Investment freedom 50 60
Financial freedom 50 40

Economic freedom comparison by year

Benin
Pakistan
1x
Year Economic freedom index
Benin Pakistan
2026 60 48.9
2025 58.5 49.1
2024 57.7 49.5
2023 59.8 49.4
2022 61 48.8
2021 59.6 51.7
2020 55.2 54.8
2019 55.3 55
2018 56.7 54.4
2017 59.2 52.8
2016 59.3 55.9
2015 58.8 55.6
2014 57.1 55.2
2013 57.6 55.1
2012 55.7 54.7
2011 56 55.1
2010 55.4 55.2
2009 55.4 57
2008 55.2 55.6
2007 55.1 57.2
2006 54 57.9
2005 52.3 53.3
2004 54.6 54.9
2003 54.9 55
2002 57.3 55.8
2001 60.1 56
2000 61.5 56.4
1999 60.6 53
1998 61.7 53.2
1997 61.3 56
1996 54.5 58.4
1995 - 57.6

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/benin/pakistan | CC BY

The Economic Freedom Index for Benin is 60, ranking 96/197, compared to 48.9 for Pakistan, ranking 168/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Benin Pakistan
Services, % of GDP
48.9%
2024
50.7%
2024
Industry, % of GDP
17.4%
2024
20.2%
2024
Agriculture, forestry, and fishing, % of GDP
24.2%
2024
23.7%
2024
GNI, Atlas method
$20.6B
2024
$358B
2024
GNI per capita, PPP
$4,390
2024
$6,100
2024
Total reserves including gold n/a
$18.4B
2024
Total reserves ranking n/a
63/177
2024
Net foreign direct investment
-$430M
2023
-$2.58B
2024
Net inflows of foreign direct investment
$543M
2024
$2.66B
2024
Net outflows of foreign direct investment
$60.3M
2024
$84M
2024
Servicing debt to the IMF, % of GNI
5.38%
2024
4.5%
2024
Poverty at national poverty lines
36.2%
2021
21.9%
2018
Gross capital formation, % of GDP
35.1%
2024
13.2%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/benin/pakistan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1997, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2022–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.