Benin BJ: GDP: % of GDP: Gross Value Added: Services

1960 - 2016 | Yearly | % | World Bank

Benin BJ: GDP: % of GDP: Gross Value Added: Services data was reported at 51.084 % in 2016. This records a decrease from the previous number of 51.442 % for 2015. Benin BJ: GDP: % of GDP: Gross Value Added: Services data is updated yearly, averaging 51.084 % from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 55.588 % in 1977 and a record low of 40.445 % in 2002. Benin BJ: GDP: % of GDP: Gross Value Added: 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: Share of GDP. Services correspond to ISIC divisions 50-99 and 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. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

View Benin's Benin BJ: GDP: % of GDP: Gross Value Added: Services from 1960 to 2016 in the chart:

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Benin Benin BJ: GDP: % of GDP: Gross Value Added: Services
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Benin Benin BJ: GDP: % of GDP: Gross Value Added: Services

What was Benin's Benin BJ: GDP: % of GDP: Gross Value Added: Services in 2016?

Last Previous Min Max Unit Frequency Range
51.08 2016 51.44 2015 40.45 2002 55.59 1977 % yearly 1960 - 2016

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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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