Bank accounts per 1,000 adults in Benin
Benin: Bank accounts per 1,000 adults was 322.97 in 2020. ◆ Volatile
Bank accounts per 1,000 adults in Benin, 2004–2020
Source: Financial Access Survey (FAS), International Monetary Fund (IMF).
Analysis
In 2020, bank accounts per 1,000 adults in Benin stood at 322.97. That is the highest value across all 17 years on record.
That represents a change of up 11.6% on the previous year and up 191.2% over ten years.
Over the whole period, bank accounts per 1,000 adults in Benin peaked at 322.97 in 2020 and was at its lowest, 46.71, in 2004.
That places Benin 68th out of 103 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Bank accounts per 1,000 adults in Benin, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 46.71 | — |
| 2005 | 60.25 | +29.0% |
| 2006 | 59.99 | -0.4% |
| 2007 | 52.51 | -12.5% |
| 2008 | 77.37 | +47.3% |
| 2009 | 95.19 | +23.0% |
| 2010 | 110.92 | +16.5% |
| 2011 | 124.02 | +11.8% |
| 2012 | 134.04 | +8.1% |
| 2013 | 148.54 | +10.8% |
| 2014 | 162.25 | +9.2% |
| 2015 | 168.26 | +3.7% |
| 2016 | 182.62 | +8.5% |
| 2017 | 205.05 | +12.3% |
| 2018 | 237.05 | +15.6% |
| 2019 | 289.32 | +22.0% |
| 2020 | 322.97 | +11.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 65.34 | 46.71 | 95.19 | 6 |
| 2010s | 176.21 | 110.92 | 289.32 | 10 |
| 2020s | 322.97 | 322.97 | 322.97 | 1 |
Countries ranked near Benin
- 65 Nicaragua 399.67 compare
- 66 San Marino 377.43 compare
- 67 Myanmar 341.11 compare
- 69 Uganda 318.52 compare
- 70 Côte d'Ivoire 298.13 compare
- 71 Equatorial Guinea 294.94 compare
More financial sector data for Benin
- Net domestic credit (current LCU), per capita 226,044 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 136.31 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 13.87 % change on previous year (2025)
- Domestic credit to private sector by banks 19.7% (2025)
- Net domestic credit 3.35 trillion current LCU (2025)
- Net foreign assets 2.25 trillion current LCU (2025)
- Monetary Sector credit to private sector 19.8% (2025)
- Broad money 29.6% (2025)
- Claims on central government, etc. 2.0% (2025)
- Domestic credit to private sector 19.8% (2025)
Frequently asked questions
- What is bank accounts per 1,000 adults in Benin?
- Bank accounts per 1,000 adults in Benin was 322.97 in 2020, according to Financial Access Survey (FAS), International Monetary Fund (IMF).
- What is the highest bank accounts per 1,000 adults recorded in Benin?
- The highest recorded value was 322.97 in 2020.
- What is the lowest bank accounts per 1,000 adults recorded in Benin?
- The lowest recorded value was 46.71 in 2004.
- How does Benin rank for bank accounts per 1,000 adults?
- Benin ranks 68th out of 103 countries with data for 2020.
- Is bank accounts per 1,000 adults rising or falling in Benin?
- Over the last ten years it is up 191.2%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from Financial Access Survey (FAS), International Monetary Fund (IMF), published as part of Bank accounts per 1,000 adults. Statizoid updates them automatically from the source API.
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About this data
For each country calculated as: 1,000*reported number of depositors/adult population in the reporting country.