Benin BJ: GDP: Gross Value Added at Factor Cost: Services

1960 - 2016 | Yearly | XOF mn | World Bank

Benin BJ: GDP: Gross Value Added at Factor Cost: Services data was reported at 2,356,813.000 XOF mn in 2016. This records an increase from the previous number of 2,240,800.000 XOF mn for 2015. Benin BJ: GDP: Gross Value Added at Factor Cost: Services data is updated yearly, averaging 252,032.418 XOF mn from Dec 1960 to 2016, with 57 observations. The data reached an all-time high of 2,356,813.000 XOF mn in 2016 and a record low of 24,189.845 XOF mn in 1960. Benin BJ: GDP: Gross Value Added at Factor Cost: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Benin – Table BJ.World Bank.WDI: Gross Domestic Product: Nominal. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ; Note: Data for OECD countries are based on ISIC, revision 4.

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Benin Benin BJ: GDP: Gross Value Added at Factor Cost: Services

What was Benin's Benin BJ: GDP: Gross Value Added at Factor Cost: Services in 2016?

Last Previous Min Max Unit Frequency Range
2,356,813.00 2016 2,240,800.00 2015 24,189.85 1960 2,356,813.00 2016 XOF mn yearly 1960 - 2016

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 5,464.500 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 1,739.020 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 5.934 2028 yearly 1980 - 2028
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (XOF bn) 3,524.550 2028 yearly 1989 - 2028
Forecast: Government Net Debt (XOF bn) 8,742.740 2028 yearly 1998 - 2028
Forecast: Government Revenue (XOF bn) 3,007.210 2028 yearly 1989 - 2028
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 16.018 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 2.000 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -1.245 2028 yearly 1980 - 2028

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