Depositors with commercial banks in Benin
Benin: Depositors with commercial banks was 266.61 per 1,000 adults in 2024. ◆ Volatile
Depositors with commercial banks in Benin, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
In 2024, depositors with commercial banks in Benin stood at 266.61 per 1,000 adults.
Compared with earlier readings it is up 1.6% on the previous year and up 75.4% over ten years.
Over the whole period, depositors with commercial banks in Benin peaked at 306.68 per 1,000 adults in 2021 and was at its lowest, 44.47 per 1,000 adults, in 2004.
That places Benin 78th out of 104 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Depositors with commercial banks in Benin, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2004 | 44.47 per 1,000 adults | — |
| 2005 | 57.21 per 1,000 adults | +28.7% |
| 2006 | 56.78 per 1,000 adults | -0.8% |
| 2007 | 49.67 per 1,000 adults | -12.5% |
| 2008 | 73.04 per 1,000 adults | +47.1% |
| 2009 | 89.65 per 1,000 adults | +22.7% |
| 2010 | 104.24 per 1,000 adults | +16.3% |
| 2011 | 116.29 per 1,000 adults | +11.6% |
| 2012 | 125.54 per 1,000 adults | +8.0% |
| 2013 | 139.1 per 1,000 adults | +10.8% |
| 2014 | 151.97 per 1,000 adults | +9.2% |
| 2015 | 157.64 per 1,000 adults | +3.7% |
| 2016 | 171.06 per 1,000 adults | +8.5% |
| 2017 | 192.13 per 1,000 adults | +12.3% |
| 2018 | 222.24 per 1,000 adults | +15.7% |
| 2019 | 223.06 per 1,000 adults | +0.4% |
| 2020 | 297.48 per 1,000 adults | +33.4% |
| 2021 | 306.68 per 1,000 adults | +3.1% |
| 2022 | 270.47 per 1,000 adults | -11.8% |
| 2023 | 262.44 per 1,000 adults | -3.0% |
| 2024 | 266.61 per 1,000 adults | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 61.8 per 1,000 adults | 44.47 per 1,000 adults | 89.65 per 1,000 adults | 6 |
| 2010s | 160.33 per 1,000 adults | 104.24 per 1,000 adults | 223.06 per 1,000 adults | 10 |
| 2020s | 280.74 per 1,000 adults | 262.44 per 1,000 adults | 306.68 per 1,000 adults | 5 |
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 depositors with commercial banks in Benin?
- Depositors with commercial banks in Benin was 266.61 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest depositors with commercial banks recorded in Benin?
- The highest recorded value was 306.68 per 1,000 adults in 2021.
- What is the lowest depositors with commercial banks recorded in Benin?
- The lowest recorded value was 44.47 per 1,000 adults in 2004.
- How does Benin rank for depositors with commercial banks?
- Benin ranks 78th out of 104 countries with data for 2024.
- Is depositors with commercial banks rising or falling in Benin?
- Over the last ten years it is up 75.4%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Depositors with commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Depositors with commercial banks are the reported number of deposit account holders, including both resident non-financial corporations (both public and private) and individuals from the household sector, at commercial banks within the reporting jurisdiction for every 1,000 adults. The major types of deposits are checking accounts, savings accounts, and time deposits.