Prices & public finance · Sub-Saharan Africa · Lower-middle income
Benin: prices, money and public finance
Inflation is 1.1% (2025), 142nd of 180 in the world and 36th of 44 in Sub-Saharan Africa. GDP deflator is 1.6% (2025), 160th of 209 in the world and 38th of 46 in Sub-Saharan Africa. Lending rate is 6.2% (2021), 96th of 136 in the world and 29th of 36 in Sub-Saharan Africa.
Inflation
BeninSub-Saharan AfricaLower-middle incomeWorld
GDP deflator
BeninSub-Saharan AfricaLower-middle incomeWorld
9 indicators
Prices & public finance: Benin in detail
Latest reported value, world rank and rank within Sub-Saharan Africa; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 1.1%2025 | 142/180 | 36/44 | 4.2% | 2.2% | 3.0% | +0.9 ppsince 2015 | 3.4% | 3.6% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 1.6%2025 | 160/209 | 38/46 | 4.3% | 0.9% | 2.9% | +0.7 ppsince 2015 | 4.1% | 5.0% | 3.3% | |
| Lending rateLending interest rate, % | 6.2%2021 | 96/136 | 29/36 | · | 5.1% | 6.5% | +1.0 ppsince 2011 | — | — | — | |
| Real interest rateReal interest rate, % | 4.6%2021 | 74/136 | 23/36 | · | 4.2% | 3.6% | +3.1 ppsince 2011 | — | — | — | |
| Exchange rateOfficial exchange rate, local currency per US$ | 581.932025 | 29/210 | 12/47 | 710.21 | 494.79 | 574.29 | −1.6%since 2015 | — | — | — | |
| External debtExternal debt stocks, % of GNI | 66.6%2024 | 31/119 | 9/43 | 42.9% | 24.1% | 54.7% | +39.0 ppsince 2014 | — | 30.1% | — | |
| Private creditDomestic credit to private sector, % of GDP | 19.8%2025 | 131/169 | 16/42 | 7.8% | 15.8% | 15.5% | +3.0 ppsince 2015 | 31.7% | 38.7% | 140.3% | |
| Broad moneyBroad money, % of GDP | 29.6%2025 | 123/146 | 23/42 | 19.2% | 25.5% | 30.5% | −1.4 ppsince 2015 | 42.6% | 67.4% | 135.7% | |
| Military spendingMilitary expenditure, % of GDP | 0.89%2025 | 122/156 | 33/45 | 0.41% | 0.70%2012 | 0.46% | +0.1 ppsince 2015 | 1.13% | 1.92% | 2.48% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
No rated indicator improved over the decade.
Worse than ten years ago
- Inflation+0.9 pp1.1% in 2025
- External debt+39.0 pp66.6% in 2024
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Benin and its neighbours
Countries sharing a land border with Benin. Latest values since 2005; the highest in each row is marked.
| Indicator | Benin | Nigeria | Niger | Burkina Faso | Togo |
|---|---|---|---|---|---|
| Inflation | 1.1%2025 | 23.0%2025 | -4.5%2025 | -0.6%2025 | 0.4%2025 |
| GDP deflator | 1.6%2025 | 13.9%2025 | -1.6%2025 | 8.8%2025 | 0.8%2025 |
| Lending rate | 6.2%2021 | 18.5%2025 | 5.3%2016 | 6.2%2021 | 5.3%2016 |
| Real interest rate | 4.6%2021 | 4.0%2025 | 2.6%2016 | 6.1%2021 | 3.8%2016 |
| Exchange rate | 581.932025 | 1,518.382025 | 581.932025 | 581.932025 | 581.932025 |
| External debt | 66.6%2024 | 60.0%2024 | 27.5%2024 | 48.8%2024 | 43.2%2024 |
| Private credit | 19.8%2025 | 13.2%2023 | 9.6%2025 | 22.7%2025 | 23.0%2025 |
| Broad money | 29.6%2025 | 28.7%2025 | 17.3%2025 | 43.3%2025 | 45.6%2025 |
| Military spending | 0.89%2025 | 0.91%2025 | 2.14%2025 | 3.30%2025 | 1.87%2025 |