Domestic credit to private sector by banks in Benin
Benin: Domestic credit to private sector by banks was 19.7% in 2025. ◆ Volatile
Domestic credit to private sector by banks in Benin, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Benin recorded 19.7% for domestic credit to private sector by banks in 2025.
That represents a change of up 4.2% on the previous year and up 18.6% over ten years.
Over the whole period, domestic credit to private sector by banks in Benin peaked at 31.8% in 1983 and was at its lowest, 4.8%, in 2002.
That places Benin 144th out of 187 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector by banks in Benin, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 5.0% | — |
| 1961 | 5.5% | +10.5% |
| 1962 | 6.7% | +20.7% |
| 1963 | 7.1% | +6.8% |
| 1964 | 7.4% | +3.0% |
| 1965 | 6.4% | -13.5% |
| 1966 | 5.7% | -10.0% |
| 1967 | 6.1% | +6.0% |
| 1968 | 6.1% | -0.3% |
| 1969 | 7.3% | +20.7% |
| 1970 | 8.0% | +9.9% |
| 1971 | 9.3% | +15.3% |
| 1972 | 10.1% | +8.9% |
| 1973 | 11.3% | +12.5% |
| 1974 | 12.3% | +8.8% |
| 1975 | 22.4% | +81.5% |
| 1976 | 19.2% | -14.0% |
| 1977 | 20.4% | +6.1% |
| 1978 | 21.5% | +5.5% |
| 1979 | 25.2% | +17.0% |
| 1980 | 28.6% | +13.7% |
| 1981 | 24.8% | -13.4% |
| 1982 | 30.2% | +21.9% |
| 1983 | 31.8% | +5.4% |
| 1984 | 25.4% | -20.1% |
| 1985 | 31.0% | +21.7% |
| 1986 | 28.7% | -7.4% |
| 1987 | 26.6% | -7.3% |
| 1988 | 28.6% | +7.5% |
| 1989 | 21.6% | -24.4% |
| 1990 | 19.1% | -11.4% |
| 1991 | 15.4% | -19.6% |
| 1992 | 11.7% | -24.1% |
| 1993 | 10.5% | -9.9% |
| 1994 | 8.5% | -19.6% |
| 1995 | 7.4% | -12.1% |
| 1996 | 8.5% | +14.1% |
| 1997 | 5.4% | -36.1% |
| 1998 | 6.9% | +27.7% |
| 1999 | 7.1% | +3.3% |
| 2000 | 7.8% | +8.7% |
| 2001 | 5.1% | -33.8% |
| 2002 | 4.8% | -5.9% |
| 2003 | 7.7% | +58.7% |
| 2004 | 7.7% | +1.0% |
| 2005 | 9.0% | +15.9% |
| 2006 | 10.3% | +14.5% |
| 2007 | 12.2% | +19.1% |
| 2008 | 12.7% | +3.6% |
| 2009 | 15.0% | +18.5% |
| 2010 | 15.7% | +4.7% |
| 2011 | 16.5% | +4.6% |
| 2012 | 15.5% | -5.6% |
| 2013 | 16.3% | +5.2% |
| 2014 | 16.6% | +1.7% |
| 2015 | 16.6% | +0.1% |
| 2016 | 17.4% | +4.5% |
| 2017 | 16.5% | -5.0% |
| 2018 | 16.7% | +1.1% |
| 2019 | 17.6% | +5.2% |
| 2020 | 15.5% | -11.8% |
| 2021 | 15.6% | +0.4% |
| 2022 | 17.1% | +9.8% |
| 2023 | 18.6% | +8.9% |
| 2024 | 19.0% | +2.0% |
| 2025 | 19.7% | +4.2% |
Benin compared with similar countries
- Benin's 19.7% is below the median for lower middle income countries, which is 23.4%, 84% of the median. (46 countries reporting)
- Benin's 19.7% is above the median for Sub-Saharan Africa, which is 15.6%, 1.3× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.3% | 5.0% | 7.4% | 10 |
| 1970s | 16.0% | 8.0% | 25.2% | 10 |
| 1980s | 27.7% | 21.6% | 31.8% | 10 |
| 1990s | 10.1% | 5.4% | 19.1% | 10 |
| 2000s | 9.2% | 4.8% | 15.0% | 10 |
| 2010s | 16.6% | 15.5% | 17.6% | 10 |
| 2020s | 17.6% | 15.5% | 19.7% | 6 |
Countries ranked near Benin
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 domestic credit to private sector by banks in Benin?
- Domestic credit to private sector by banks in Benin was 19.7% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Benin?
- The highest recorded value was 31.8% in 1983.
- What is the lowest domestic credit to private sector by banks recorded in Benin?
- The lowest recorded value was 4.8% in 2002.
- How does Benin rank for domestic credit to private sector by banks?
- Benin ranks 144th out of 187 countries with data for 2025.
- Is domestic credit to private sector by banks rising or falling in Benin?
- Over the last ten years it is up 18.6%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector by banks (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.