Population, Total for Benin
POPTOTBJA647NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,462,724.00
Year-over-Year Change
39.10%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Population, Total for Benin' trend measures the total population of Benin over time. This data is critical for economists and policymakers to understand demographic shifts and plan for the provision of public services.
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 series represents the total population of Benin, a West African country. It is an important indicator for assessing economic and social development, as population size and growth rates impact a wide range of policy decisions.
Methodology
The data is collected by the World Bank through national censuses and household surveys.
Historical Context
Population data is used by governments, international organizations, and researchers to analyze trends, inform policy, and project future needs.
Key Facts
- Benin's population was 12.12 million in 2020.
- The population growth rate in Benin was 2.7% in 2020.
- Benin has a young population, with a median age of 19.5 years.
FAQs
Q: What does this economic trend measure?
A: The 'Population, Total for Benin' trend measures the total number of people living in Benin over time.
Q: Why is this trend relevant for users or analysts?
A: Population data is crucial for economists, policymakers, and researchers to understand demographic shifts and plan for the provision of public services and infrastructure.
Q: How is this data collected or calculated?
A: The data is collected by the World Bank through national censuses and household surveys.
Q: How is this trend used in economic policy?
A: Population data is used by governments, international organizations, and researchers to analyze trends, inform policy, and project future needs.
Q: Are there update delays or limitations?
A: The data is typically updated annually, but there may be delays in reporting from some countries.
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BENNGSGDPPT
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KSBENA475SCEN
Life Expectancy at Birth, Total for Benin
SPDYNLE00INBEN
Gross Portfolio Equity Assets to GDP for Benin
DDDM09BJA156NWDB
Citation
U.S. Federal Reserve, Population, Total for Benin (POPTOTBJA647NWDB), retrieved from FRED.