Financial Markets Depth Index in Benin
Benin: Financial Markets Depth Index was 0.016 in 2020. ◆ Volatile
Financial Markets Depth Index in Benin, 1980–2020
Source: International Monetary Fund.
Analysis
Benin recorded 0.016 for financial markets depth index in 2020.
The figure is up 0.2% on the previous year and up 15.2% over ten years.
Over the whole period, financial markets depth index in Benin peaked at 0.0506 in 1982 and was at its lowest, 0.0084, in 2002.
Benin ranks 132nd of 183 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Financial Markets Depth Index in Benin, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.0342 | — |
| 1981 | 0.0405 | +18.5% |
| 1982 | 0.0506 | +24.9% |
| 1983 | 0.0486 | -3.9% |
| 1984 | 0.0383 | -21.3% |
| 1985 | 0.0444 | +16.1% |
| 1986 | 0.0411 | -7.4% |
| 1987 | 0.0381 | -7.3% |
| 1988 | 0.0408 | +7.1% |
| 1989 | 0.031 | -24.2% |
| 1990 | 0.0292 | -5.8% |
| 1991 | 0.0235 | -19.6% |
| 1992 | 0.0178 | -24.1% |
| 1993 | 0.014 | -21.4% |
| 1994 | 0.0127 | -9.2% |
| 1995 | 0.0149 | +17.0% |
| 1996 | 0.0171 | +15.3% |
| 1997 | 0.0119 | -30.2% |
| 1998 | 0.0123 | +3.1% |
| 1999 | 0.0129 | +4.4% |
| 2000 | 0.0128 | -0.3% |
| 2001 | 0.0084 | -34.1% |
| 2002 | 0.0084 | -0.4% |
| 2003 | 0.0085 | +0.6% |
| 2004 | 0.0093 | +9.6% |
| 2005 | 0.01 | +8.1% |
| 2006 | 0.0106 | +6.1% |
| 2007 | 0.0116 | +9.5% |
| 2008 | 0.0127 | +9.3% |
| 2009 | 0.0133 | +4.6% |
| 2010 | 0.0139 | +4.3% |
| 2011 | 0.0141 | +1.4% |
| 2012 | 0.0144 | +2.6% |
| 2013 | 0.0165 | +14.5% |
| 2014 | 0.017 | +2.8% |
| 2015 | 0.016 | -5.8% |
| 2016 | 0.0164 | +2.6% |
| 2017 | 0.0156 | -4.6% |
| 2018 | 0.0156 | -0.3% |
| 2019 | 0.016 | +2.3% |
| 2020 | 0.016 | +0.2% |
Benin compared with similar countries
- Benin's 0.016 is below the median for lower middle income countries, which is 0.0424, 38% of the median. (45 countries reporting)
- Benin's 0.016 is below the median for Sub-Saharan Africa, which is 0.0249, 64% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0408 | 0.031 | 0.0506 | 10 |
| 1990s | 0.0166 | 0.0119 | 0.0292 | 10 |
| 2000s | 0.0106 | 0.0084 | 0.0133 | 10 |
| 2010s | 0.0155 | 0.0139 | 0.017 | 10 |
| 2020s | 0.016 | 0.016 | 0.016 | 1 |
Countries ranked near Benin
- 129 Aruba 0.0201 compare
- 130 Mauritania 0.0183 compare
- 131 Eswatini 0.0167 compare
- 133 North Macedonia 0.0136 compare
- 134 Sierra Leone 0.013 compare
- 135 Bolivia 0.0127 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 financial markets depth index in Benin?
- Financial markets depth index in Benin was 0.016 in 2020, according to International Monetary Fund.
- What is the highest financial markets depth index recorded in Benin?
- The highest recorded value was 0.0506 in 1982.
- What is the lowest financial markets depth index recorded in Benin?
- The lowest recorded value was 0.0084 in 2002.
- How does Benin rank for financial markets depth index?
- Benin ranks 132nd out of 183 countries with data for 2020.
- Is financial markets depth index rising or falling in Benin?
- Over the last ten years it is up 15.2%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from International Monetary Fund, published as part of Financial Markets Depth Index. Statizoid updates them automatically from the source API.
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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.