General Government Revenue for Benin
BENGGRG01GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.56
Year-over-Year Change
30.72%
Date Range
1/1/2000 - 1/1/2026
Summary
The 'General Government Revenue for Benin' metric tracks the total revenue collected by the Beninese government, including taxes, social contributions, grants, and other sources. This broad measure provides insight into the fiscal health and policy capacity of the Beninese economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This indicator represents the combined revenue of all levels of government in Benin, from national to local. It is a key statistic used by economists, policymakers, and international institutions to assess a country's public finance trends, tax base, and overall economic performance.
Methodology
The data is collected by the Beninese government's statistical agency and reported to international organizations like the IMF.
Historical Context
General government revenue is a crucial input for fiscal policy analysis and macroeconomic forecasting in Benin and the surrounding region.
Key Facts
- Benin's general government revenue was 17.6% of GDP in 2021.
- Tax revenue accounts for about 75% of total government income in Benin.
- Government revenue has grown at an average annual rate of 3.2% over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'General Government Revenue for Benin' metric tracks the total revenue collected by the Beninese government, including taxes, social contributions, grants, and other sources.
Q: Why is this trend relevant for users or analysts?
A: This broad measure provides insight into the fiscal health and policy capacity of the Beninese economy, making it a crucial input for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected by the Beninese government's statistical agency and reported to international organizations like the IMF.
Q: How is this trend used in economic policy?
A: General government revenue is a crucial input for fiscal policy analysis and macroeconomic forecasting in Benin and the surrounding region.
Q: Are there update delays or limitations?
A: The data is typically published with a 6-12 month lag due to the time required for collection and reporting.
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Citation
U.S. Federal Reserve, General Government Revenue for Benin (BENGGRG01GDPPT), retrieved from FRED.