Account ownership at a financial institution or with a in Benin
Benin: Account ownership at a financial institution or with a was 47.4% in 2024. ◆ Volatile
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
Benin recorded 47.4% for account ownership at a financial institution or with a in 2024. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 15.6% on the previous year and up 283.4% over ten years.
Over the whole period, account ownership at a financial institution or with a in Benin peaked at 47.4% in 2024 and was at its lowest, 8.6%, in 2011.
That places Benin 74th out of 105 countries with data for 2024, putting it in the middle of the range.
Account ownership at a financial institution or with a in Benin, year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 8.6% | — |
| 2014 | 12.4% | +44.4% |
| 2017 | 31.4% | +154.2% |
| 2021 | 41.0% | +30.4% |
| 2024 | 47.4% | +15.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 17.5% | 8.6% | 31.4% | 3 |
| 2020s | 44.2% | 41.0% | 47.4% | 2 |
Countries ranked near Benin
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 47.4% 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 47.4% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Benin?
- The lowest recorded value was 8.6% in 2011.
- How does Benin rank for account ownership at a financial institution or with a?
- Benin ranks 74th out of 105 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 283.4%. The long-run trend across the full record is volatile.
- 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, primary education or less (% 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 (primary education or less, % of population ages 15+).