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CompareEconomy.com Comparison of world economies

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Economy power of Benin & Madagascar

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Benin vs Madagascar

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Benin Madagascar
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World Rank 95 1.93 World Rank 97 1.9
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 The Republic of Madagascar was previously known as the Malagasy republic. It is the second-largest island country in the world with a total land coverage of around 592,800 square kilometers. The nation itself owns several smaller islands around it, but the island of Madagascar is its mainland and most populated region. More about Madagascar

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Benin Madagascar
Position in the ranking of countries 117 (2023) 127 (2023)
GDP [US$] 19,676,049,075 15,790,113,246
Percentage of the other 124.6 % 80.3 %

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 Madagascar
Position in the ranking of countries 114 (2023) 125 (2023)
GNI [US$] 19,472,109,623 15,444,839,759
Percentage of the other 126.1 % 79.3 %

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 Madagascar
Position in the ranking of countries 97 (2023) 85 (2023)
External balance [US$] -1,763,673,880 -1,112,245,225
Percentage of the other 158.6 % 63.1 %

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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(Eswatini)

Benin Madagascar
Position in the ranking of countries 97 (2023) 85 (2023)
Unemployment [%] 1.72 3.01
Percentage of the other 57.1 % 175 %

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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(India)

Benin Madagascar
Position in the ranking of countries 73 (2023) 47 (2023)
Population 14,111,034 31,195,932
Percentage of the other 45.2 % 221.1 %

Population growth (annual %)

Density

Gender

Demography