Bank credit to bank deposits in Benin
Benin: Bank credit to bank deposits was 62.5% in 2021. ▼ Falling
Bank credit to bank deposits in Benin, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Benin recorded 62.5% for bank credit to bank deposits in 2021.
The figure is down 9.0% on the previous year and down 26.7% over ten years.
Over the whole period, bank credit to bank deposits in Benin peaked at 253.4% in 1979 and was at its lowest, 34.6%, in 1997.
That places Benin 133rd out of 186 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 62 years of available data.
Bank credit to bank deposits in Benin, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 172.7% | — |
| 1961 | 202.5% | +17.3% |
| 1962 | 167.5% | -17.3% |
| 1963 | 193.0% | +15.2% |
| 1964 | 214.1% | +10.9% |
| 1965 | 190.7% | -10.9% |
| 1966 | 155.5% | -18.5% |
| 1967 | 168.6% | +8.5% |
| 1968 | 139.8% | -17.1% |
| 1969 | 154.8% | +10.7% |
| 1970 | 150.5% | -2.8% |
| 1971 | 128.2% | -14.8% |
| 1972 | 142.7% | +11.2% |
| 1973 | 162.4% | +13.8% |
| 1974 | 144.3% | -11.1% |
| 1975 | 145.8% | +1.1% |
| 1976 | 162.9% | +11.7% |
| 1977 | 162.1% | -0.5% |
| 1978 | 157.7% | -2.7% |
| 1979 | 253.4% | +60.7% |
| 1980 | 202.4% | -20.1% |
| 1981 | 193.3% | -4.5% |
| 1982 | 187.9% | -2.8% |
| 1983 | 185.6% | -1.2% |
| 1984 | 144.9% | -22.0% |
| 1985 | 165.0% | +13.9% |
| 1986 | 165.6% | +0.4% |
| 1987 | 168.9% | +2.0% |
| 1988 | 202.1% | +19.6% |
| 1989 | 173.2% | -14.3% |
| 1990 | 116.0% | -33.0% |
| 1991 | 87.1% | -24.9% |
| 1992 | 57.5% | -34.0% |
| 1993 | 47.1% | -18.1% |
| 1994 | 43.5% | -7.6% |
| 1995 | 41.5% | -4.5% |
| 1996 | 49.9% | +20.2% |
| 1997 | 34.6% | -30.6% |
| 1998 | 48.4% | +40.0% |
| 1999 | 75.4% | +55.6% |
| 2000 | 74.3% | -1.5% |
| 2001 | 63.4% | -14.6% |
| 2002 | 68.5% | +7.9% |
| 2003 | 82.6% | +20.7% |
| 2004 | 85.7% | +3.8% |
| 2005 | 91.4% | +6.6% |
| 2006 | 89.8% | -1.7% |
| 2007 | 84.2% | -6.2% |
| 2008 | 85.7% | +1.8% |
| 2009 | 83.2% | -3.0% |
| 2010 | 82.8% | -0.5% |
| 2011 | 85.3% | +3.0% |
| 2012 | 87.3% | +2.4% |
| 2013 | 85.0% | -2.7% |
| 2014 | 78.1% | -8.1% |
| 2015 | 68.5% | -12.3% |
| 2016 | 78.5% | +14.7% |
| 2017 | 77.4% | -1.4% |
| 2018 | 78.4% | +1.2% |
| 2019 | 83.6% | +6.7% |
| 2020 | 68.6% | -17.9% |
| 2021 | 62.5% | -9.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 175.9% | 139.8% | 214.1% | 10 |
| 1970s | 161.0% | 128.2% | 253.4% | 10 |
| 1980s | 178.9% | 144.9% | 202.4% | 10 |
| 1990s | 60.1% | 34.6% | 116.0% | 10 |
| 2000s | 80.9% | 63.4% | 91.4% | 10 |
| 2010s | 80.5% | 68.5% | 87.3% | 10 |
| 2020s | 65.6% | 62.5% | 68.6% | 2 |
Countries ranked near Benin
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)
- Reserve tranche position, SDR, per capita 1.24 units per person (2025)
- Reserve tranche position, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve tranche position, US dollar, per capita 1.7 units per person (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, SDR, per capita 1.24 units per person (2025)
Frequently asked questions
- What is bank credit to bank deposits in Benin?
- Bank credit to bank deposits in Benin was 62.5% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Benin?
- The highest recorded value was 253.4% in 1979.
- What is the lowest bank credit to bank deposits recorded in Benin?
- The lowest recorded value was 34.6% in 1997.
- How does Benin rank for bank credit to bank deposits?
- Benin ranks 133rd out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Benin?
- Over the last ten years it is down 26.7%. The long-run trend across the full record is falling.
- Where does this Benin data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 62 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).