Account ownership at a financial institution or with a in Benin
Benin: Account ownership at a financial institution or with a was 58.7% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Benin, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15+.
Analysis
In 2024, account ownership at a financial institution or with a in Benin stood at 58.7%. That is the highest value across all 5 years on record.
That represents a change of up 9.7% on the previous year and up 179.9% over ten years.
Over the whole period, account ownership at a financial institution or with a in Benin peaked at 58.7% in 2024 and was at its lowest, 15.0%, in 2011.
Benin ranks 87th of 102 countries on this measure, in the bottom quarter.
Account ownership at a financial institution or with a in Benin, year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 15.0% | — |
| 2014 | 21.0% | +39.6% |
| 2017 | 42.9% | +104.5% |
| 2021 | 53.5% | +24.8% |
| 2024 | 58.7% | +9.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 26.3% | 15.0% | 42.9% | 3 |
| 2020s | 56.1% | 53.5% | 58.7% | 2 |
Countries ranked near Benin
- 84 Indonesia 61.6% compare
- 85 Philippines 60.7% compare
- 86 Burkina Faso 60.0% compare
- 88 Malawi 58.6% compare
- 89 Uzbekistan 58.3% compare
- 90 Zimbabwe 57.0% compare
More financial sector data for Benin
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.7 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 1.24 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.7 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is account ownership at a financial institution or with a in Benin?
- Account ownership at a financial institution or with a in Benin was 58.7% in 2024, according to Global Findex Database, World Bank (WB).
- What is the highest account ownership at a financial institution or with a recorded in Benin?
- The highest recorded value was 58.7% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Benin?
- The lowest recorded value was 15.0% in 2011.
- How does Benin rank for account ownership at a financial institution or with a?
- Benin ranks 87th out of 102 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Benin?
- Over the last ten years it is up 179.9%. The long-run trend across the full record is rising.
- Where does this Benin data come from?
- The figures come from Global Findex Database, World Bank (WB), published as part of Account ownership at a financial institution or with a mobile-money-service provider, richest 60% (% of population ages 15+). Statizoid updates them automatically from the source API.
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About this data
Account denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or report personally using a mobile money service in the past 12 months (richest 60%, share of population ages 15+).