Benin BJ: Military Expenditure: % of GDP

1960 - 2022 | Yearly | % | World Bank

Benin BJ: Military Expenditure: % of GDP data was reported at 0.557 % in 2022. This records an increase from the previous number of 0.551 % for 2021. Benin BJ: Military Expenditure: % of GDP data is updated yearly, averaging 1.282 % from Dec 1960 (Median) to 2022, with 51 observations. The data reached an all-time high of 2.182 % in 1964 and a record low of 0.358 % in 2001. Benin BJ: Military Expenditure: % of GDP 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: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.);Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.;Weighted average;Data for some countries are based on partial or uncertain data or rough estimates.

View Benin's Benin BJ: Military Expenditure: % of GDP from 1960 to 2022 in the chart:

Benin Benin BJ: Military Expenditure: % of GDP

What was Benin's Benin BJ: Military Expenditure: % of GDP in 2022?

Last Previous Min Max Unit Frequency Range
0.557 2022 0.551 2021 0.358 2001 2.182 1964 % yearly 1960 - 2022

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Benin Key Series

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) 3,898.638 2029 yearly 1989 - 2029
Forecast: Government Net Debt (XOF bn) 9,409.372 2029 yearly 1998 - 2029
Forecast: Government Revenue (XOF bn) 3,337.730 2029 yearly 1989 - 2029
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) -1.412 2029 yearly 1980 - 2029

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