Benin BJ: Survey Mean Consumption or Income per Capita: Total Population: Annualized Average Growth Rate

Benin BJ: Survey Mean Consumption or Income per Capita: Total Population: Annualized Average Growth Rate data was reported at 2.310 % in 2021. Benin BJ: Survey Mean Consumption or Income per Capita: Total Population: Annualized Average Growth Rate data is updated yearly, averaging 2.310 % from Dec 2021 (Median) to 2021, with 1 observations. The data reached an all-time high of 2.310 % in 2021 and a record low of 2.310 % in 2021. Benin BJ: Survey Mean Consumption or Income per Capita: Total Population: Annualized Average Growth Rate 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: Social: Poverty and Inequality. The growth rate in the welfare aggregate of the total population is computed as the annualized average growth rate in per capita real consumption or income of the total population in the income distribution in a country from household surveys over a roughly 5-year period. Mean per capita real consumption or income is measured at 2021 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries means are not reported due to grouped and/or confidential data. The annualized growth rate is computed as (Mean in final year/Mean in initial year)^(1/(Final year - Initial year)) - 1. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported. The initial year refers to the nearest survey collected 5 years before the most recent survey available, only surveys collected between 3 and 7 years before the most recent survey are considered.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org., World Bank (WB), uri: http://www.worldbank.org/en/topic/poverty/brief/global-database-of-shared-prosperity;;The comparability of welfare aggregates (consumption or income) for the chosen years T0 and T1 is assessed for every country. If comparability across the two surveys is a major concern for a country, the selection criteria are re-applied to select the next best survey year(s). Annualized growth rates are calculated between the survey years, using a compound growth formula. The survey years defining the period for which growth rates are calculated and the type of welfare aggregate used to calculate the growth rates are noted in the footnotes.

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