External loans and deposits of reporting banks vis-à-vis all sectors in Benin
Benin: External loans and deposits of reporting banks vis-à-vis all sectors was 7.0% in 2021. ◆ Volatile
External loans and deposits of reporting banks vis-à-vis all sectors in Benin, 1995–2021
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
The most recent figure for external loans and deposits of reporting banks vis-à-vis all sectors in Benin is 7.0%, measured in 2021. That is the lowest value across all 27 years on record.
The figure is down 25.8% on the previous year and down 48.2% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis all sectors in Benin peaked at 55.4% in 1995 and was at its lowest, 7.0%, in 2021.
That places Benin 160th out of 181 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External loans and deposits of reporting banks vis-à-vis all sectors in Benin, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 55.4% | — |
| 1996 | 50.6% | -8.6% |
| 1997 | 50.7% | +0.2% |
| 1998 | 50.5% | -0.4% |
| 1999 | 54.0% | +6.8% |
| 2000 | 40.5% | -24.9% |
| 2001 | 39.8% | -1.9% |
| 2002 | 43.6% | +9.7% |
| 2003 | 33.4% | -23.3% |
| 2004 | 35.5% | +6.2% |
| 2005 | 30.7% | -13.5% |
| 2006 | 30.3% | -1.1% |
| 2007 | 28.5% | -6.0% |
| 2008 | 19.8% | -30.7% |
| 2009 | 23.6% | +19.5% |
| 2010 | 14.9% | -36.9% |
| 2011 | 13.5% | -9.4% |
| 2012 | 16.2% | +19.9% |
| 2013 | 13.2% | -18.6% |
| 2014 | 9.3% | -29.3% |
| 2015 | 9.1% | -2.8% |
| 2016 | 9.2% | +1.8% |
| 2017 | 9.8% | +6.0% |
| 2018 | 8.1% | -17.0% |
| 2019 | 12.5% | +53.8% |
| 2020 | 9.4% | -24.5% |
| 2021 | 7.0% | -25.8% |
Benin compared with similar countries
- Benin's 7.0% is below the median for lower middle income countries, which is 23.3%, 30% of the median. (46 countries reporting)
- Benin's 7.0% is below the median for Sub-Saharan Africa, which is 27.1%, 26% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 52.2% | 50.5% | 55.4% | 5 |
| 2000s | 32.6% | 19.8% | 43.6% | 10 |
| 2010s | 11.6% | 8.1% | 16.2% | 10 |
| 2020s | 8.2% | 7.0% | 9.4% | 2 |
Countries ranked near Benin
- 157 Malaysia 7.7% compare
- 158 Togo 7.4% compare
- 159 Micronesia, Federated States of 7.3% compare
- 161 New Zealand 7.0% compare
- 162 Bangladesh 6.9% compare
- 163 Poland 6.9% 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 external loans and deposits of reporting banks vis-à-vis all sectors in Benin?
- External loans and deposits of reporting banks vis-à-vis all sectors in Benin was 7.0% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis all sectors recorded in Benin?
- The highest recorded value was 55.4% in 1995.
- What is the lowest external loans and deposits of reporting banks vis-à-vis all sectors recorded in Benin?
- The lowest recorded value was 7.0% in 2021.
- How does Benin rank for external loans and deposits of reporting banks vis-à-vis all sectors?
- Benin ranks 160th out of 181 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis all sectors rising or falling in Benin?
- Over the last ten years it is down 48.2%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from Bank for International Settlements (BIS), published as part of External loans and deposits of reporting banks vis-à-vis all sectors (% of domestic bank deposits). Statizoid updates them automatically from the source API.
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About this data
Data is from BIS Statistical Appendix Table 7A: External loans and deposits of reporting banks vis-à-vis all sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.