Account ownership at a financial institution or with a in Benin
Benin: Account ownership at a financial institution or with a was 55.0% 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 55.0% for account ownership at a financial institution or with a in 2024.
That represents a change of down 5.4% on the previous year and up 178.4% over ten years.
Over the whole period, account ownership at a financial institution or with a in Benin peaked at 58.2% in 2021 and was at its lowest, 11.2%, in 2011.
That places Benin 89th out of 106 countries with data for 2024, putting it 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 | 11.2% | — |
| 2014 | 19.8% | +77.2% |
| 2017 | 48.6% | +146.1% |
| 2021 | 58.2% | +19.6% |
| 2024 | 55.0% | -5.4% |
Benin compared with similar countries
- Benin's 55.0% is below the median for lower middle income countries, which is 60.3%, 91% of the median. (22 countries reporting)
- Benin's 55.0% is below the median for Sub-Saharan Africa, which is 69.4%, 79% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 26.5% | 11.2% | 48.6% | 3 |
| 2020s | 56.6% | 55.0% | 58.2% | 2 |
Countries ranked near Benin
- 86 Uzbekistan 58.5% compare
- 87 Republic of Moldova 56.7% compare
- 88 Jordan 55.9% compare
- 90 Malawi 54.8% compare
- 91 El Salvador 54.7% compare
- 92 Indonesia 54.6% 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 55.0% 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 58.2% in 2021.
- What is the lowest account ownership at a financial institution or with a recorded in Benin?
- The lowest recorded value was 11.2% in 2011.
- How does Benin rank for account ownership at a financial institution or with a?
- Benin ranks 89th out of 106 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 178.4%. 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, male (% of population ages 15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 (male, % age 15+).