Benin recorded a Government Budget deficit equal to 2.50 percent of the country's Gross Domestic Product in 2019.

Government Budget in Benin averaged -2.81 percent of GDP from 2002 until 2019, reaching an all time high of 0.20 percent of GDP in 2007 and a record low of -6.50 percent of GDP in 2015. This page provides - Benin Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Benin Government Budget - values, historical data and charts - was last updated on July of 2020.

Government Budget in Benin is expected to reach -5.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Benin Government Budget is projected to trend around -4.50 percent of GDP in 2021 and -3.80 percent of GDP in 2022, according to our econometric models.

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Benin Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-2.50 -4.70 0.20 -6.50 2002 - 2019 percent of GDP Yearly

Benin Government Last Previous Highest Lowest Unit
Government Debt to GDP 26.20 23.10 58.20 10.50 percent [+]
Government Budget -2.50 -4.70 0.20 -6.50 percent of GDP [+]
Military Expenditure 84.00 116.00 116.00 14.00 USD Million [+]
Credit Rating 31.00 [+]


Benin Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.