External loans and deposits of reporting banks vis-à-vis the in Benin
Benin: External loans and deposits of reporting banks vis-à-vis the was 6.2% in 2021. ◆ Volatile
External loans and deposits of reporting banks vis-à-vis the in Benin, 1995–2021
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
In 2021, external loans and deposits of reporting banks vis-à-vis the in Benin stood at 6.2%.
Compared with earlier readings it is down 21.9% on the previous year and down 40.6% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis the in Benin peaked at 40.8% in 1999 and was at its lowest, 6.1%, in 2018.
That places Benin 117th out of 180 countries with data for 2021, putting it in the middle of the range.
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 the in Benin, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 33.7% | — |
| 1996 | 30.7% | -9.1% |
| 1997 | 32.4% | +5.7% |
| 1998 | 34.2% | +5.7% |
| 1999 | 40.8% | +19.0% |
| 2000 | 32.6% | -19.9% |
| 2001 | 31.1% | -4.7% |
| 2002 | 36.3% | +16.9% |
| 2003 | 26.7% | -26.4% |
| 2004 | 25.9% | -3.0% |
| 2005 | 20.9% | -19.3% |
| 2006 | 19.9% | -5.1% |
| 2007 | 21.3% | +7.4% |
| 2008 | 14.0% | -34.2% |
| 2009 | 16.8% | +19.8% |
| 2010 | 10.3% | -38.9% |
| 2011 | 10.4% | +1.0% |
| 2012 | 11.7% | +13.1% |
| 2013 | 9.8% | -16.6% |
| 2014 | 7.6% | -22.5% |
| 2015 | 7.2% | -4.8% |
| 2016 | 8.2% | +13.1% |
| 2017 | 8.4% | +2.9% |
| 2018 | 6.1% | -27.5% |
| 2019 | 11.1% | +83.2% |
| 2020 | 7.9% | -29.2% |
| 2021 | 6.2% | -21.9% |
Benin compared with similar countries
- Benin's 6.2% is below the median for lower middle income countries, which is 9.5%, 65% of the median. (46 countries reporting)
- Benin's 6.2% is below the median for Sub-Saharan Africa, which is 12.9%, 48% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 34.4% | 30.7% | 40.8% | 5 |
| 2000s | 24.6% | 14.0% | 36.3% | 10 |
| 2010s | 9.1% | 6.1% | 11.7% | 10 |
| 2020s | 7.0% | 6.2% | 7.9% | 2 |
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 external loans and deposits of reporting banks vis-à-vis the in Benin?
- External loans and deposits of reporting banks vis-à-vis the in Benin was 6.2% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis the recorded in Benin?
- The highest recorded value was 40.8% in 1999.
- What is the lowest external loans and deposits of reporting banks vis-à-vis the recorded in Benin?
- The lowest recorded value was 6.1% in 2018.
- How does Benin rank for external loans and deposits of reporting banks vis-à-vis the?
- Benin ranks 117th out of 180 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis the rising or falling in Benin?
- Over the last ten years it is down 40.6%. 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 the nonbanking 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 7B: External loans and deposits of reporting banks vis-à-vis nonbanking sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.