Monetary policy-related, Rate, Percent per annum in Benin
Benin: Monetary policy-related, Rate, Percent per annum was 2 in 2020. ▼ Falling
Monetary policy-related, Rate, Percent per annum in Benin, 2002–2020
Source: International Monetary Fund.
Analysis
The most recent figure for monetary policy-related, rate, percent per annum in Benin is 2, measured in 2020. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 20.0% on the previous year and down 38.5% over ten years.
Over the whole period, monetary policy-related, rate, percent per annum in Benin peaked at 5 in 2002 and was at its lowest, 2, in 2020.
That places Benin 71st out of 80 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Monetary policy-related, Rate, Percent per annum in Benin, year by year
| Year | Value | Change |
|---|---|---|
| 2002 | 5 | — |
| 2003 | 3.5 | -30.0% |
| 2004 | 3 | -14.3% |
| 2005 | 3 | +0.0% |
| 2006 | 3.25 | +8.3% |
| 2007 | 3.25 | +0.0% |
| 2008 | 3.75 | +15.4% |
| 2009 | 3.25 | -13.3% |
| 2010 | 3.25 | +0.0% |
| 2011 | 3.25 | +0.0% |
| 2012 | 3 | -7.7% |
| 2013 | 2.5 | -16.7% |
| 2014 | 2.5 | +0.0% |
| 2015 | 2.5 | +0.0% |
| 2016 | 2.5 | +0.0% |
| 2017 | 2.5 | +0.0% |
| 2018 | 2.5 | +0.0% |
| 2019 | 2.5 | +0.0% |
| 2020 | 2 | -20.0% |
Benin compared with similar countries
- Benin's 2 is below the median for lower middle income countries, which is 10, 20% of the median. (17 countries reporting)
- Benin's 2 is below the median for Sub-Saharan Africa, which is 4.5, 44% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.5 | 3 | 5 | 8 |
| 2010s | 2.7 | 2.5 | 3.25 | 10 |
| 2020s | 2 | 2 | 2 | 1 |
Countries ranked near Benin
- 70 New Zealand 2.25 compare
- 71 Burkina Faso 2 compare
- 73 Bulgaria 1.81 compare
- 74 Denmark 1.6 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 monetary policy-related, rate, percent per annum in Benin?
- Monetary policy-related, rate, percent per annum in Benin was 2 in 2020, according to International Monetary Fund.
- What is the highest monetary policy-related, rate, percent per annum recorded in Benin?
- The highest recorded value was 5 in 2002.
- What is the lowest monetary policy-related, rate, percent per annum recorded in Benin?
- The lowest recorded value was 2 in 2020.
- How does Benin rank for monetary policy-related, rate, percent per annum?
- Benin ranks 71st out of 80 countries with data for 2020.
- Is monetary policy-related, rate, percent per annum rising or falling in Benin?
- Over the last ten years it is down 38.5%. 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 Monetary policy-related, Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.