Renewable natural capital, timber in Benin

Benin: Renewable natural capital, timber was 8.46 billion current US$ in 2020. ▲ Rising

Latest (2020)
8.46 billion current US$
Change on year
up 2.8%
World rank
59th
of 151 countries
All-time high
12.75 billion current US$
in 2016
All-time low
2.76 billion current US$
in 2001
Years of data
26
1995–2020

Renewable natural capital, timber in Benin, 1995–2020

2.0B4.0B6.0B8.0B10.0B12.0B1995200720201995: 4.6B current US$1996: 4.6B current US$1997: 4.3B current US$1998: 4.4B current US$1999: 2.8B current US$2000: 2.8B current US$2001: 2.8B current US$2002: 3.4B current US$2003: 5.4B current US$2004: 4.7B current US$2005: 4.9B current US$2006: 5.3B current US$2007: 7.3B current US$2008: 8.6B current US$2009: 8.8B current US$2010: 7.9B current US$2011: 9.1B current US$2012: 10.7B current US$2013: 10.8B current US$2014: 12.1B current US$2015: 11.9B current US$2016: 12.8B current US$2017: 12.5B current US$2018: 8.1B current US$2019: 8.2B current US$2020: 8.5B current US$

Source: World Bank. Measured in current US$.

Analysis

In 2020, renewable natural capital, timber in Benin stood at 8.46 billion current US$.

The figure is up 2.8% on the previous year and up 6.4% over ten years.

Over the whole period, renewable natural capital, timber in Benin peaked at 12.75 billion current US$ in 2016 and was at its lowest, 2.76 billion current US$, in 2001.

That places Benin 59th out of 151 countries with data for 2020, putting it in the middle of the range.

The long-run direction has been consistently rising across the 26 years of available data.

Renewable natural capital, timber in Benin, year by year

Annual values for Renewable natural capital, timber (current US$) in Benin, 1995 to 2020.
Year current US$ Change
1995 4.60 billion current US$
1996 4.58 billion current US$ -0.6%
1997 4.26 billion current US$ -6.9%
1998 4.45 billion current US$ +4.4%
1999 2.84 billion current US$ -36.2%
2000 2.81 billion current US$ -0.9%
2001 2.76 billion current US$ -1.7%
2002 3.38 billion current US$ +22.2%
2003 5.42 billion current US$ +60.6%
2004 4.73 billion current US$ -12.8%
2005 4.90 billion current US$ +3.6%
2006 5.25 billion current US$ +7.2%
2007 7.26 billion current US$ +38.2%
2008 8.61 billion current US$ +18.7%
2009 8.82 billion current US$ +2.4%
2010 7.95 billion current US$ -9.9%
2011 9.06 billion current US$ +14.0%
2012 10.67 billion current US$ +17.8%
2013 10.78 billion current US$ +1.0%
2014 12.05 billion current US$ +11.8%
2015 11.85 billion current US$ -1.7%
2016 12.75 billion current US$ +7.6%
2017 12.47 billion current US$ -2.2%
2018 8.08 billion current US$ -35.2%
2019 8.22 billion current US$ +1.7%
2020 8.46 billion current US$ +2.8%

Benin compared with similar countries

  • Benin's 8.46 billion current US$ is above the median for lower middle income countries, which is 5.03 billion current US$, 1.7× the median. (39 countries reporting)
  • Benin's 8.46 billion current US$ is below the median for Sub-Saharan Africa, which is 9.32 billion current US$, 91% of the median. (42 countries reporting)

Biggest year-on-year movements

Years where Renewable natural capital, timber in Benin changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2003 +60.6% 3.38 billion current US$ 5.42 billion current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 4.14 billion current US$ 2.84 billion current US$ 4.60 billion current US$ 5
2000s 5.39 billion current US$ 2.76 billion current US$ 8.82 billion current US$ 10
2010s 10.39 billion current US$ 7.95 billion current US$ 12.75 billion current US$ 10
2020s 8.46 billion current US$ 8.46 billion current US$ 8.46 billion current US$ 1

Countries ranked near Benin

  1. 56 Uganda 9.18 billion current US$ compare
  2. 57 Senegal 9.17 billion current US$ compare
  3. 58 Ecuador 8.49 billion current US$ compare
  4. 60 Spain 8.32 billion current US$ compare
  5. 61 Malawi 7.04 billion current US$ compare
  6. 62 Honduras 7.02 billion current US$ compare

See the full ranking of 151 places →

More reference data data for Benin

All data for Benin →

Frequently asked questions

What is renewable natural capital, timber in Benin?
Renewable natural capital, timber in Benin was 8.46 billion current US$ in 2020, according to the World Bank.
What is the highest renewable natural capital, timber recorded in Benin?
The highest recorded value was 12.75 billion current US$ in 2016.
What is the lowest renewable natural capital, timber recorded in Benin?
The lowest recorded value was 2.76 billion current US$ in 2001.
How does Benin rank for renewable natural capital, timber?
Benin ranks 59th out of 151 countries with data for 2020.
Is renewable natural capital, timber rising or falling in Benin?
Over the last ten years it is up 6.4%. The long-run trend across the full record is rising.
Where does this Benin data come from?
The figures come from the World Bank, published as part of Renewable natural capital, timber (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Renewable natural capital, timber (current US$)
Unit
current US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,885 data points, 1995–2020
Last refreshed