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Economy of Benin vs United States compared: GDP & Debt

Updated on by Georank

Benin has a GDP of $24.6B compared to $30.8T for the United States, ranking 124/197 and 1/197 by economy size, respectively.

Benin has $14.1B in government debt (57.3% of GDP), compared to $38.1T (123.9% of GDP) in the United States.

Benin vs United States GDP by year

Benin
United States
1x
Year GDP, current $
Benin United States
2025 $24,566,420,904 $30,769,700,000,000
2024 $21,482,643,706 $29,298,013,000,000
2023 $19,673,291,004 $27,811,517,000,000
2022 $17,425,405,091 $26,054,614,000,000
2021 $17,687,623,530 $23,725,645,000,000
2020 $15,686,741,884 $21,375,281,000,000
2019 $14,391,686,313 $21,539,982,000,000
2018 $14,262,408,090 $20,656,516,000,000
2017 $12,701,655,837 $19,612,102,000,000
2016 $11,821,065,853 $18,804,913,000,000
2015 $11,388,160,997 $18,295,019,000,000
2014 $13,284,527,847 $17,608,138,000,000
2013 $12,517,845,124 $16,880,683,000,000
2012 $11,141,358,116 $16,253,970,000,000
2011 $10,693,321,364 $15,599,732,000,000
2010 $9,535,345,016 $15,048,971,000,000
2009 $9,738,626,517 $14,478,067,000,000
2008 $9,787,734,526 $14,769,862,000,000
2007 $8,169,048,383 $14,474,228,000,000
2006 $7,034,111,315 $13,815,583,000,000
2005 $6,567,654,954 $13,039,197,000,000
2004 $6,190,270,380 $12,217,196,000,000
2003 $5,349,258,094 $11,456,450,000,000
2002 $4,194,342,686 $10,929,108,000,000
2001 $3,666,222,635 $10,581,929,000,000
2000 $3,519,991,440 $10,250,952,000,000
1999 $3,677,393,999 $9,631,172,000,000
1998 $2,455,092,686 $9,062,817,000,000
1997 $2,268,301,646 $8,577,552,000,000
1996 $2,361,116,449 $8,073,122,000,000
1995 $2,169,627,138 $7,639,749,000,000
1994 $1,598,075,944 $7,287,236,000,000
1993 $2,274,558,083 $6,858,559,000,000
1992 $1,695,315,306 $6,520,327,000,000
1991 $1,986,437,797 $6,158,129,000,000
1990 $1,959,965,330 $5,963,144,000,000
1989 $1,502,294,416 $5,641,580,000,000
1988 $1,620,246,084 $5,236,438,000,000
1987 $1,562,412,228 $4,855,215,000,000
1986 $1,336,102,025 $4,579,631,000,000
1985 $1,045,712,789 $4,338,979,000,000
1984 $1,051,134,009 $4,037,613,000,000
1983 $1,095,348,199 $3,634,038,000,000
1982 $1,267,778,670 $3,343,789,000,000
1981 $1,291,120,188 $3,207,041,000,000
1980 $1,405,251,847 $2,857,307,000,000
1979 $1,186,231,020 $2,627,333,000,000
1978 $928,843,469 $2,351,599,000,000
1977 $750,049,779 $2,081,826,000,000
1976 $698,408,262 $1,873,412,000,000
1975 $676,870,140 $1,684,904,000,000
1974 $554,654,861 $1,545,243,000,000
1973 $504,376,074 $1,425,376,000,000
1972 $410,331,857 $1,279,110,000,000
1971 $335,073,028 $1,164,850,000,000
1970 $333,627,713 $1,073,303,000,000
1969 $330,748,245 $1,017,438,172,414
1968 $326,323,105 $940,225,000,000
1967 $306,221,953 $859,620,034,483
1966 $302,925,235 $813,032,758,621
1965 $289,908,680 $741,904,862,069
1964 $269,819,006 $684,144,620,690
1963 $253,927,697 $637,058,551,724
1962 $236,434,954 $603,639,413,793
1961 $235,668,221 $561,940,310,345
1960 $226,195,578 $541,988,586,207

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/benin/united-states | CC BY

GDP per capita in Benin vs United States by year

Benin
GDP per capita

GDP per capita, PPP
United States
GDP per capita

GDP per capita, PPP
1x
Year Current $
Benin United States
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,658 - $90,027 -
2024 $1,485 $4,435 $86,143 $85,810
2023 $1,394 $4,130 $83,041 $82,305
2022 $1,266 $3,844 $78,178 $77,861
2021 $1,319 $3,464 $71,486 $71,307
2020 $1,200 $3,245 $64,475 $64,402
2019 $1,131 $3,149 $65,605 $65,228
2018 $1,152 $2,965 $63,201 $62,876
2017 $1,055 $2,886 $60,322 $60,048
2016 $1,011 $2,842 $58,207 $57,977
2015 $1,002 $2,725 $57,040 $56,849
2014 $1,204 $2,670 $55,304 $55,153
2013 $1,169 $2,512 $53,410 $53,297
2012 $1,072 $2,346 $51,784 $51,708
2011 $1,059 $2,265 $50,066 $50,025
2010 $973 $2,220 $48,651 $48,643
2009 $1,024 $2,213 $47,195 $47,195
2008 $1,061 $2,215 $48,570 $48,570
2007 $912 $2,136 $48,050 $48,050
2006 $809 $2,021 $46,302 $46,302
2005 $779 $1,946 $44,123 $44,123
2004 $759 $1,915 $41,725 $41,725
2003 $676 $1,842 $39,490 $39,490
2002 $546 $1,800 $37,998 $37,998
2001 $492 $1,746 $37,134 $37,134
2000 $487 $1,671 $36,330 $36,330
1999 $525 $1,592 $34,484 $34,515
1998 $362 $1,537 $32,823 $32,854
1997 $345 $1,508 $31,430 $31,459
1996 $369 $1,444 $29,937 $29,968
1995 $348 $1,395 $28,661 $28,691
1994 $262.1 $1,316 $27,662 $27,695
1993 $387 $1,311 $26,353 $26,387
1992 $302 $1,265 $25,381 $25,419
1991 $365 $1,239 $24,293 $24,342
1990 $371 $1,186 $23,840 $23,889
1989 $293.3 - $22,857 -
1988 $326 - $21,417 -
1987 $324 - $20,039 -
1986 $285.8 - $19,071 -
1985 $230.4 - $18,237 -
1984 $238.6 - $17,121 -
1983 $256 - $15,544 -
1982 $305 - $14,434 -
1981 $320 - $13,976 -
1980 $358 - $12,613 -
1979 $311 - $11,674 -
1978 $249.8 - $10,565 -
1977 $207 - $9,453 -
1976 $197.7 - $8,592 -
1975 $196.5 - $7,801 -
1974 $164.9 - $7,226 -
1973 $153.6 - $6,726 -
1972 $127.9 - $6,094 -
1971 $106.9 - $5,609 -
1970 $108.8 - $5,234 -
1969 $110.3 - $5,020 -
1968 $111.2 - $4,685 -
1967 $106.6 - $4,326 -
1966 $107.6 - $4,136 -
1965 $105.1 - $3,818 -
1964 $99.8 - $3,565 -
1963 $95.7 - $3,366 -
1962 $90.8 - $3,236 -
1961 $92.1 - $3,059 -
1960 $89.9 - $3,000 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08); U.S. Census Bureau (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/benin/united-states | CC BY

Benin's GDP per capita is $1,658, ranking 162/197, compared to $90,027 in the United States, ranking 10/197. Adjusted for purchasing power (GDP per capita PPP), Benin ranks 162nd at $4,435, while the United States ranks 12th at $85,810.

Economic indicators

Benin United States
Gross domestic product
$24.6B
2025
$30.8T
2025
GDP rank
124/197
2025
1/197
2025
GDP growth
8.07%
2024-2025
2.16%
2024-2025
GDP per capita
$1,658
2025
$90,027
2025
GDP per capita rank
162/197
2025
10/197
2025
GDP per capita, PPP
$4,435
2024
$85,810
2024
GDP per capita PPP rank
162/197
2024
12/197
2024
Government debt
$14.1B
2025
$38.1T
2025
Debt-to-GDP ratio
57.3%
2025
123.9%
2025
Government debt per person
$950
2025
$111,531
2025
Government debt per person rank
145/185
2025
2/185
2025
Average annual personal income after taxes
$1,056
2026
$54,600
2026
Market capitalization of domestic companies n/a
$68.9T
2025
Number of millionaires n/a
23,627,000
2026
Number of billionaires n/a
989
2026
Income share by richest 10%
27.2%
2021
30.7%
2024
Income share by poorest 10%
3.1%
2021
1.7%
2024
Government expenditure, % of GDP
18.5%
2025
37.7%
2025
Consumer prices inflation
1.1%
2024-2025
2.95%
2023-2024
Central bank interest rate n/a
3.75%
2025
Unemployment rate
1.69%
2022
4.28%
2025
Population
15358725
344434632

Spending and national debt comparison by year

Benin
Spending

Debt
United States
Spending

Debt
1x
Year % of GDP
Benin United States
Government spending Government debt Government spending Government debt
2025 18.5% 57.3% 37.7% 123.9%
2024 18.2% 60.5% 37.7% 122.3%
2023 19.3% 61.3% 37.5% 120%
2022 20% 59.7% 36.8% 119.1%
2021 20% 55.6% 43.2% 125%
2020 19.1% 46.1% 44.7% 132.6%
2019 14.3% 40.4% 35.8% 108.8%
2018 16.5% 40.8% 35.3% 107.7%
2017 17.7% 39.4% 35.2% 106.4%
2016 15.4% 35.9% 35.3% 107.4%
2015 18.2% 30.9% 35% 105.4%
2014 14.2% 22.3% 35.3% 104.9%
2013 14.9% 18.5% 35.8% 105%
2012 14.2% 19.5% 37.2% 103.7%
2011 14.7% 21.9% 38.8% 100%
2010 14.1% 21% 39.8% 95.7%
2009 17% 18.7% 41.4% 87.1%
2008 14.5% 18.3% 37.1% 73.8%
2007 15.8% 14.3% 34.6% 64.9%
2006 13% 8.37% 33.7% 64.5%
2005 14.1% 27% 33.9% 65.8%
2004 13.4% 21.5% 33.7% 66.4%
2003 13.7% 23.4% 34% 59%
2002 15.3% 30.8% 33.7% 55.9%
2001 15.4% 38% 32.8% 53.5%
2000 15.6% 39.6% 31.7% 54.5%
1999 10.7% 39.4% 32.2% 60.5%
1998 14.9% 53.6% 32.8% 64.2%
1997 17.3% 42.9% 33.7% 67.4%
1996 18.2% 43.4% 34.7% 69.9%
1995 20.2% 48.3% 35.5% 70.7%
1994 18.5% 64.6% 35.5% 71.1%
1993 16.4% 41.9% 36.4% 71.9%
1992 18.4% 41.8% 36.7% 70.3%
1991 17.2% 44% 35.7% 67.9%
1990 18.1% 45.3% 34.5% 63.1%
1989 17.1% 50.3% 33.7% 61.6%
1988 - - 33.7% 61.3%
1987 - - 34.3% 60.6%
1986 - - 34.8% 58.9%
1985 - - 34.5% 55.4%
1984 - - 34.3% 50.6%
1983 - - 35.7% 48.9%
1982 - - 35.8% 45.9%
1981 - - 33.9% 41.1%
1980 - - 33.7% 41.9%
1979 - - 32% 41.2%
1978 - - 32.6% 42.5%
1977 - - 33.4% 43.6%
1976 - - 34.2% 44.8%
1975 - - 35.2% 44.6%
1974 - - 32.9% 41.4%
1973 - - 31.9% 42.6%
1972 - - 32.8% 45.4%
1971 - - 32.3% 47%
1970 - - 31.5% 46.4%
1969 - - 29.3% 45.9%
1968 - - 29.1% 48.5%
1967 - - 28.3% 50.4%
1966 - - 26.3% 50.6%
1965 - - 25.4% 53.7%
1964 - - 25.6% 56.7%
1963 - - 26% 58.8%
1962 - - 26% 60.2%
1961 - - 25.9% 62.3%
1960 - - 24.9% 61.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2000, retrieved 2026-07-08).

GeoRank.org/economy/benin/united-states | CC BY

In 2025, Benin's government spending was $4.54B, accounting for 18.5% of its GDP, while the United States spent $11.6T, or 37.7% of GDP.

Debt-to-GDP ratio is 57.3% in Benin and 123.9% in the United States, ranking 83/185 and 12/185, respectively.

Government deficit by year

Deficit/surplus
Benin

United States
1x
Year Deficit/surplus, % of GDP
Benin United States
2025 -2.9% -6.82%
2024 -3.06% -7.86%
2023 -4.13% -7.89%
2022 -5.55% -3.72%
2021 -2.53% -11.5%
2020 -4.68% -14.1%
2019 -0.53% -5.81%
2018 -2.96% -5.33%
2017 -4.18% -4.79%
2016 -4.29% -4.36%
2015 -5.55% -3.53%
2014 -1.65% -4.03%
2013 -1.37% -4.56%
2012 -0.22% -8.11%
2011 -0.98% -9.72%
2010 -0.28% -11%
2009 -2.24% -13.2%
2008 -0.04% -6.61%
2007 0.22% -2.91%
2006 -0.15% -2.04%
2005 -1.52% -3.07%
2004 -0.7% -4.24%
2003 -1.07% -4.77%
2002 -3.33% -3.82%
2001 -3.27% -0.54%
2000 -3.69% 3.62%
1999 1.94% 2.71%
1998 2.5% 2.18%
1997 0.64% 0.88%
1996 -0.15% -0.46%
1995 -2.61% -1.7%
1994 -2.14% -2.05%
1993 -0.56% -3.35%
1992 -2.71% -3.98%
1991 -3.08% -2.72%
1990 -3.24% -1.64%
1989 0.89% -0.8%
1988 - -1.06%
1987 - -1.53%
1986 - -2.81%
1985 - -2.63%
1984 - -2.97%
1983 - -4.26%
1982 - -3.78%
1981 - -1.58%
1980 - -2.17%
1979 - -0.79%
1978 - -1.7%
1977 - -2.57%
1976 - -3.63%
1975 - -5.4%
1974 - -1.27%
1973 - -0.86%
1972 - -1.86%
1971 - -2.63%
1970 - -1.21%
1969 - 2.11%
1968 - 1.23%
1967 - 0.47%
1966 - 2.07%
1965 - 2.38%
1964 - 2.18%
1963 - 2.87%
1962 - 2.32%
1961 - 2.28%
1960 - 3.2%
1959 - -9.06%
1958 - -8.68%
1957 - -6.72%
1956 - -6.02%
1955 - -7.4%
1954 - -5.55%
1953 - -5.76%
1952 - -5.41%
1951 - -6.93%
1950 - -8.22%
1949 - -7.94%
1948 - -4.16%
1947 - -3.99%
1946 - -6.45%
1945 - -14.1%
1944 - -13.4%
1943 - -19.3%
1942 - -16.3%
1941 - -10.2%
1940 - -9.73%
1939 - -11.9%
1938 - -10.4%
1937 - -9.22%
1936 - -12.1%
1935 - -13.3%
1934 - -14.9%
1933 - -14.3%
1932 - -12.7%
1931 - -9.76%
1930 - -5.46%
1929 - -4.58%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1929–2000, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/benin/united-states | CC BY

In 2025, Benin's government deficit, the difference between spending and revenue, was $712M, equivalent to 2.9% of GDP. This compares to the United States' deficit of $2.1T, or 6.82% of GDP.

Over the past 37 years, Benin recorded a fiscal deficit in 32 of those years, while the United States ran a deficit in 33 years. On average, Benin posted an annual deficit equal to 1.87% of GDP, compared to deficit of 4.37% of GDP for the United States.

Inflation comparison by year

Inflation
Benin

United States
1x
Year Consumer prices inflation
Benin United States
2025 1.1% -
2024 1.2% 2.95%
2023 2.7% 4.12%
2022 1.4% 8%
2021 1.7% 4.7%
2020 3% 1.23%
2019 -0.9% 1.81%
2018 0.8% 2.44%
2017 1.8% 2.13%
2016 -0.8% 1.26%
2015 0.2% 0.12%
2014 -0.6% 1.62%
2013 0.4% 1.46%
2012 6.7% 2.07%
2011 2.7% 3.16%
2010 2.1% 1.64%
2009 0.9% -0.36%
2008 7.4% 3.84%
2007 1.3% 2.85%
2006 3.8% 3.23%
2005 5.4% 3.39%
2004 0.9% 2.68%
2003 1.5% 2.27%
2002 2.4% 1.59%
2001 4% 2.83%
2000 4.2% 3.38%
1999 0.3% 2.19%
1998 5.8% 1.55%
1997 3.8% 2.34%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2024, retrieved 2026-07-08).

GeoRank.org/economy/benin/united-states | CC BY

Over the past 28 years, Benin has recorded an average annual inflation rate of 2.29%, compared with 2.52% in the United States. In 2024, inflation was 1.1% in Benin and 2.95% in the United States.

Top exports between countries

Benin
Export category Export value
Processed food, beverages & tobacco $41.7M
Textiles & consumer goods $6.58M
Raw agricultural goods $4.31M
Machinery & equipment $745K
Raw materials & minerals $29K
Animal & marine products $17K
Wood & paper products $16K
Metals $13K
Precious metals & jewellery $3K
Chemicals & pharma $1K
United States
Export category Export value
Machinery & equipment $286M
Animal & marine products $29.2M
Chemicals & pharma $4.8M
Miscellaneous $3.49M
Wood & paper products $2.53M
Textiles & consumer goods $1.58M
Processed food, beverages & tobacco $808K
Raw agricultural goods $788K
Metals $461K
Raw materials & minerals $383K

Balance of trade

Benin United States
Current account balance
-$1.61B
2023
-$1.12T
2025
Current account balance ranking
132/190
2023
190/190
2025
Current account balance, % of GDP
-8.18%
2023
-3.63%
2025
Goods imports
$4.65B
2023
$3.44T
2025
Goods exports
$4.05B
2023
$2.2T
2025
Service imports
$1.54B
2023
$903B
2025
Service exports
$461M
2023
$1.23T
2025
Imports of goods and services, % of GDP
20.1%
2025
14%
2024
Exports of goods and services, % of GDP
17.1%
2025
11%
2024

Economic freedom indices

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

Benin United States
Economic freedom 60 72.8
Economic freedom ranking 96/197 27/197
Property rights 46.4 91.6
Government integrity 44.1 77.1
Judicial effectiveness 47.7 76.4
Tax burden 69.4 75.3
Government spending 89.1 57.9
Fiscal health 65.4 18.5
Business freedom 53.3 88.6
Labor freedom 60.2 76.3
Monetary freedom 82.1 84.2
Trade freedom 62.6 67.6
Investment freedom 50 80
Financial freedom 50 80

Economic freedom comparison by year

Benin
United States
1x
Year Economic freedom index
Benin United States
2026 60 72.8
2025 58.5 70.2
2024 57.7 70.1
2023 59.8 70.6
2022 61 72.1
2021 59.6 74.8
2020 55.2 76.6
2019 55.3 76.8
2018 56.7 75.7
2017 59.2 75.1
2016 59.3 75.4
2015 58.8 76.2
2014 57.1 75.5
2013 57.6 76
2012 55.7 76.3
2011 56 77.8
2010 55.4 78
2009 55.4 80.7
2008 55.2 81
2007 55.1 81.2
2006 54 81.2
2005 52.3 79.9
2004 54.6 78.7
2003 54.9 78.2
2002 57.3 78.4
2001 60.1 79.1
2000 61.5 76.4
1999 60.6 75.5
1998 61.7 75.4
1997 61.3 75.6
1996 54.5 76.7
1995 - 76.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/benin/united-states | CC BY

The Economic Freedom Index for Benin is 60, ranking 96/197, compared to 72.8 for the United States, ranking 27/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Benin United States
Services, % of GDP
50.1%
2025
79.7%
2024
Industry, % of GDP
17.5%
2025
17.3%
2024
Agriculture, forestry, and fishing, % of GDP
22.9%
2025
0.85%
2024
GNI, Atlas method
$23.7B
2025
$30.4T
2025
GNI per capita, PPP
$4,760
2025
$89,490
2025
Total reserves including gold n/a
$1.39T
2025
Total reserves ranking n/a
2/177
2025
Net foreign direct investment
-$430M
2023
$21.7B
2025
Net inflows of foreign direct investment
$543M
2024
$297B
2024
Net outflows of foreign direct investment
$60.3M
2024
$322B
2024
Servicing debt to the IMF, % of GNI
5.38%
2024
n/a
Poverty at national poverty lines
36.2%
2021
15.1%
2020
Gross capital formation, % of GDP
35.8%
2025
21.5%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/benin/united-states | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1929–2000, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1960–2026, retrieved 2026-07-08)
  6. TradeMap (2024–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

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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.