Deposit money banks'' assets to GDP in Benin
Benin: Deposit money banks'' assets to GDP was 23.7% in 2021. ◆ Volatile
Deposit money banks'' assets to GDP in Benin, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Benin recorded 23.7% for deposit money banks'' assets to gdp in 2021.
That represents a change of down 5.7% on the previous year and up 5.4% over ten years.
Over the whole period, deposit money banks'' assets to gdp in Benin peaked at 32.7% in 1983 and was at its lowest, 2.0%, in 1966.
Benin ranks 154th of 187 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Deposit money banks'' assets to GDP in Benin, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 5.0% | — |
| 1961 | 5.5% | +10.5% |
| 1962 | 2.6% | -52.8% |
| 1963 | 2.6% | +0.9% |
| 1964 | 2.6% | -1.7% |
| 1965 | 2.2% | -14.2% |
| 1966 | 2.0% | -12.2% |
| 1967 | 2.0% | +2.6% |
| 1968 | 2.0% | +0.3% |
| 1969 | 2.6% | +27.8% |
| 1970 | 2.7% | +6.3% |
| 1971 | 3.0% | +9.4% |
| 1972 | 3.3% | +10.0% |
| 1973 | 3.5% | +7.9% |
| 1974 | 4.3% | +22.2% |
| 1975 | 12.4% | +187.3% |
| 1976 | 10.9% | -12.3% |
| 1977 | 11.0% | +0.9% |
| 1978 | 11.9% | +8.0% |
| 1979 | 14.4% | +20.9% |
| 1980 | 28.8% | +100.9% |
| 1981 | 25.6% | -11.4% |
| 1982 | 30.9% | +21.0% |
| 1983 | 32.7% | +5.5% |
| 1984 | 26.3% | -19.6% |
| 1985 | 31.8% | +21.0% |
| 1986 | 29.5% | -7.2% |
| 1987 | 28.1% | -4.7% |
| 1988 | 31.2% | +11.0% |
| 1989 | 24.4% | -21.6% |
| 1990 | 21.9% | -10.5% |
| 1991 | 16.7% | -23.8% |
| 1992 | 12.8% | -23.4% |
| 1993 | 11.6% | -8.9% |
| 1994 | 13.5% | +15.8% |
| 1995 | 11.2% | -16.9% |
| 1996 | 12.1% | +8.5% |
| 1997 | 7.9% | -34.9% |
| 1998 | 9.0% | +14.3% |
| 1999 | 8.3% | -8.3% |
| 2000 | 8.8% | +6.1% |
| 2001 | 9.3% | +5.5% |
| 2002 | 9.3% | +0.2% |
| 2003 | 11.7% | +25.8% |
| 2004 | 11.4% | -2.4% |
| 2005 | 12.6% | +10.0% |
| 2006 | 13.1% | +4.4% |
| 2007 | 16.2% | +23.6% |
| 2008 | 19.2% | +18.4% |
| 2009 | 20.0% | +4.3% |
| 2010 | 20.8% | +4.2% |
| 2011 | 22.4% | +7.7% |
| 2012 | 21.1% | -5.7% |
| 2013 | 21.5% | +1.8% |
| 2014 | 22.5% | +4.5% |
| 2015 | 23.7% | +5.3% |
| 2016 | 24.9% | +5.2% |
| 2017 | 26.3% | +5.3% |
| 2018 | 26.7% | +1.6% |
| 2019 | 25.8% | -3.5% |
| 2020 | 25.1% | -2.6% |
| 2021 | 23.7% | -5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.9% | 2.0% | 5.5% | 10 |
| 1970s | 7.7% | 2.7% | 14.4% | 10 |
| 1980s | 28.9% | 24.4% | 32.7% | 10 |
| 1990s | 12.5% | 7.9% | 21.9% | 10 |
| 2000s | 13.1% | 8.8% | 20.0% | 10 |
| 2010s | 23.6% | 20.8% | 26.7% | 10 |
| 2020s | 24.4% | 23.7% | 25.1% | 2 |
Countries ranked near Benin
- 151 Argentina 24.2% compare
- 152 Ethiopia 24.0% compare
- 153 Lao People's Democratic Republic 23.7% compare
- 155 Micronesia, Federated States of 23.0% compare
- 156 Zambia 23.0% compare
- 157 Madagascar 22.0% 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 deposit money banks'' assets to gdp in Benin?
- Deposit money banks'' assets to gdp in Benin was 23.7% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest deposit money banks'' assets to gdp recorded in Benin?
- The highest recorded value was 32.7% in 1983.
- What is the lowest deposit money banks'' assets to gdp recorded in Benin?
- The lowest recorded value was 2.0% in 1966.
- How does Benin rank for deposit money banks'' assets to gdp?
- Benin ranks 154th out of 187 countries with data for 2021.
- Is deposit money banks'' assets to gdp rising or falling in Benin?
- Over the last ten years it is up 5.4%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Deposit money banks'' assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Claims on domestic real nonfinancial sector by deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is deposit money bank claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Deposit money bank assets (IFS lines 22, a-d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).