Financial Development Index in Benin
Benin: Financial Development Index was 0.122 in 2020. βΌ Falling
Financial Development Index in Benin, 1980β2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial development index in Benin is 0.122, measured in 2020.
Compared with earlier readings it is up 9.7% on the previous year and up 18.0% over ten years.
Over the whole period, financial development index in Benin peaked at 0.1639 in 1982 and was at its lowest, 0.0688, in 1993.
Benin ranks 149th of 183 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1479 | 0.1249 | 0.1639 | 10 |
| 1990s | 0.0942 | 0.0688 | 0.1203 | 10 |
| 2000s | 0.0915 | 0.0802 | 0.1018 | 10 |
| 2010s | 0.1068 | 0.0909 | 0.1162 | 10 |
| 2020s | 0.122 | 0.122 | 0.122 | 1 |
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)
- Domestic credit to private sector by banks 19.7% (2025)
- Net domestic credit 3.35 trillion current LCU (2025)
- Net foreign assets 2.25 trillion current LCU (2025)
- Monetary Sector credit to private sector 19.8% (2025)
- Broad money 29.6% (2025)
- Claims on central government, etc. 2.0% (2025)
- Domestic credit to private sector 19.8% (2025)
Frequently asked questions
- What is financial development index in Benin?
- Financial development index in Benin was 0.122 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Benin?
- The highest recorded value was 0.1639 in 1982.
- What is the lowest financial development index recorded in Benin?
- The lowest recorded value was 0.0688 in 1993.
- How does Benin rank for financial development index?
- Benin ranks 149th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Benin?
- Over the last ten years it is up 18.0%. The long-run trend across the full record is falling.
- Where does this Benin data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.