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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Benin & Libya

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Benin vs Libya

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Benin Libya
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World Rank 84 2.27 World Rank 48 3.48
The Republic of Benin is a former French colony. It is a West African country that has borders with such nations as Nigeria, Togo, Burkina Faso, and Niger. Interestingly, most of its population lives near the coast of the Bight of Benin.  In 2019, it had a population of almost 12 million people.  More about Benin Officially known as the State of Libya, the nation is located in the northern part of Africa, in the Maghreb region. It borders Sudan, Chad, Algeria, Niger, Tunisia, and Egypt. This is the fourth largest country in Africa thanks to its enormous land coverage of 1.8 million square kilometers. It is also the 16th largest nation worldwide.  More about Libya

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Benin Libya
Position in the ranking of countries 115 (2021) 86 (2021)
GDP [US$] 17,144,918,952 42,817,472,975
Percentage of the other 40 % 249.7 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

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(United States of America (USA))

Benin Libya
Position in the ranking of countries 108 (2021) 84 (2021)
GNI [US$] 17,599,874,022 43,169,797,204
Percentage of the other 40.8 % 245.3 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Benin Libya
Position in the ranking of countries 91 (2021) 34 (2019)
External balance [US$] -1,000,149,805 5,166,988,486
Percentage of the other -19.4 % -516.6 %

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

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(South Africa)

Benin Libya
Position in the ranking of countries 91 (2021) 34 (2019)
Unemployment [%] 1.75 20.61
Percentage of the other 8.5 % 1177.7 %

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(China)

Benin Libya
Position in the ranking of countries 74 (2021) 104 (2021)
Population 12,996,895 6,735,277
Percentage of the other 193 % 51.8 %

Population growth (annual %)

Density

Gender

Demography