Total natural resources rents in Benin
Benin: Total natural resources rents was 2.3% in 2021. ▼ Falling
Total natural resources rents in Benin, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for total natural resources rents in Benin is 2.3%, measured in 2021. That is the lowest value across all 52 years on record.
Compared with earlier readings it is down 5.1% on the previous year and down 33.8% over ten years.
Over the whole period, total natural resources rents in Benin peaked at 12.0% in 1977 and was at its lowest, 2.3%, in 2021.
Benin ranks 94th of 212 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 52 years of available data.
Total natural resources rents in Benin, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 6.7% | — |
| 1971 | 5.8% | -13.6% |
| 1972 | 5.3% | -7.8% |
| 1973 | 7.3% | +36.0% |
| 1974 | 7.3% | +0.5% |
| 1975 | 8.2% | +13.0% |
| 1976 | 7.2% | -13.1% |
| 1977 | 12.0% | +67.0% |
| 1978 | 9.9% | -17.5% |
| 1979 | 7.2% | -27.4% |
| 1980 | 7.3% | +2.0% |
| 1981 | 8.4% | +15.5% |
| 1982 | 10.5% | +24.1% |
| 1983 | 9.2% | -11.9% |
| 1984 | 9.9% | +7.0% |
| 1985 | 8.4% | -15.3% |
| 1986 | 7.6% | -9.3% |
| 1987 | 7.1% | -5.8% |
| 1988 | 7.0% | -1.5% |
| 1989 | 8.3% | +17.6% |
| 1990 | 8.0% | -3.8% |
| 1991 | 7.2% | -10.0% |
| 1992 | 9.0% | +25.5% |
| 1993 | 5.8% | -36.0% |
| 1994 | 9.2% | +59.3% |
| 1995 | 9.2% | +0.4% |
| 1996 | 8.3% | -9.8% |
| 1997 | 8.0% | -3.5% |
| 1998 | 7.5% | -6.0% |
| 1999 | 3.1% | -58.2% |
| 2000 | 3.3% | +3.6% |
| 2001 | 3.1% | -5.4% |
| 2002 | 3.3% | +7.1% |
| 2003 | 4.1% | +25.4% |
| 2004 | 3.1% | -24.5% |
| 2005 | 3.1% | -1.7% |
| 2006 | 3.0% | -0.8% |
| 2007 | 3.6% | +19.0% |
| 2008 | 3.6% | +0.6% |
| 2009 | 3.7% | +1.5% |
| 2010 | 3.4% | -7.6% |
| 2011 | 3.5% | +1.7% |
| 2012 | 3.9% | +12.7% |
| 2013 | 3.6% | -9.2% |
| 2014 | 3.7% | +4.0% |
| 2015 | 4.3% | +16.1% |
| 2016 | 4.5% | +3.6% |
| 2017 | 4.1% | -8.0% |
| 2018 | 2.6% | -36.4% |
| 2019 | 2.5% | -5.4% |
| 2020 | 2.4% | -1.6% |
| 2021 | 2.3% | -5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.7% | 5.3% | 12.0% | 10 |
| 1980s | 8.4% | 7.0% | 10.5% | 10 |
| 1990s | 7.5% | 3.1% | 9.2% | 10 |
| 2000s | 3.4% | 3.0% | 4.1% | 10 |
| 2010s | 3.6% | 2.5% | 4.5% | 10 |
| 2020s | 2.4% | 2.3% | 2.4% | 2 |
Countries ranked near Benin
More energy & mining data for Benin
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 2.34 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 13.7% (2024)
Frequently asked questions
- What is total natural resources rents in Benin?
- Total natural resources rents in Benin was 2.3% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest total natural resources rents recorded in Benin?
- The highest recorded value was 12.0% in 1977.
- What is the lowest total natural resources rents recorded in Benin?
- The lowest recorded value was 2.3% in 2021.
- How does Benin rank for total natural resources rents?
- Benin ranks 94th out of 212 countries with data for 2021.
- Is total natural resources rents rising or falling in Benin?
- Over the last ten years it is down 33.8%. The long-run trend across the full record is falling.
- Where does this Benin data come from?
- The figures come from The Changing Wealth of Nations, World Bank (WB), published as part of Total natural resources rents (% of GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.