Money and quasi money (M2), flow (current LCU) in Benin
Benin: Money and quasi money (M2), flow (current LCU) was 63.34 billion current LCU in 2011. ◆ Volatile
Latest (2011)
63.34 billion current LCU
Change on year
up 116.6%
World rank
23rd
of 52 countries
All-time high
230.93 billion current LCU
in 2008
All-time low
-382.40 billion current LCU
in 2010
Years of data
51
1961–2011
Money and quasi money (M2), flow in Benin, 1961–2011
Source: International Monetary Fund, International Financial Statistics and data files. Measured in current LCU.
Analysis
In 2011, money and quasi money (m2), flow in Benin stood at 63.34 billion current LCU.
That represents a change of up 116.6% on the previous year and up 6.9% over ten years.
Over the whole period, money and quasi money (m2), flow in Benin peaked at 230.93 billion current LCU in 2008 and was at its lowest, -382.40 billion current LCU, in 2010.
Benin ranks 23rd of 52 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.
Money and quasi money (M2), flow (current LCU) in Benin, year by year
| Year | current LCU | Change |
|---|---|---|
| 1961 | 0 current LCU | — |
| 1962 | 5.75 billion current LCU | — |
| 1963 | 210.00 million current LCU | -96.3% |
| 1964 | 70.00 million current LCU | -66.7% |
| 1965 | 20.00 million current LCU | -71.4% |
| 1966 | 310.00 million current LCU | +1450.0% |
| 1967 | -140.00 million current LCU | -145.2% |
| 1968 | 979.00 million current LCU | -799.3% |
| 1969 | 1.25 billion current LCU | +28.1% |
| 1970 | 1.48 billion current LCU | +17.6% |
| 1971 | 2.23 billion current LCU | +51.5% |
| 1972 | 1.63 billion current LCU | -26.9% |
| 1973 | 889.00 million current LCU | -45.6% |
| 1974 | 3.66 billion current LCU | +312.0% |
| 1975 | 13.41 billion current LCU | +266.1% |
| 1976 | -1.23 billion current LCU | -109.2% |
| 1977 | 4.29 billion current LCU | -449.1% |
| 1978 | 4.10 billion current LCU | -4.4% |
| 1979 | 1.72 billion current LCU | -57.9% |
| 1980 | 19.94 billion current LCU | +1056.6% |
| 1981 | 14.76 billion current LCU | -26.0% |
| 1982 | 23.00 billion current LCU | +55.9% |
| 1983 | -1.44 billion current LCU | -106.3% |
| 1984 | 14.72 billion current LCU | -1123.4% |
| 1985 | -95.90 million current LCU | -100.7% |
| 1986 | -2.48 billion current LCU | +2484.2% |
| 1987 | -12.33 billion current LCU | +397.5% |
| 1988 | 1.05 billion current LCU | -108.5% |
| 1989 | 6.33 billion current LCU | +504.0% |
| 1990 | 29.83 billion current LCU | +371.3% |
| 1991 | 14.30 billion current LCU | -52.1% |
| 1992 | 27.76 billion current LCU | +94.1% |
| 1993 | -5.46 billion current LCU | -119.7% |
| 1994 | 81.73 billion current LCU | -1597.3% |
| 1995 | -4.64 billion current LCU | -105.7% |
| 1996 | 32.26 billion current LCU | -796.1% |
| 1997 | 12.99 billion current LCU | -59.7% |
| 1998 | -10.43 billion current LCU | -180.3% |
| 1999 | 98.30 billion current LCU | -1042.3% |
| 2000 | 98.88 billion current LCU | +0.6% |
| 2001 | 59.26 billion current LCU | -40.1% |
| 2002 | -35.57 billion current LCU | -160.0% |
| 2003 | 51.04 billion current LCU | -243.5% |
| 2004 | -51.80 billion current LCU | -201.5% |
| 2005 | 112.28 billion current LCU | -316.8% |
| 2006 | 111.03 billion current LCU | -1.1% |
| 2007 | 143.38 billion current LCU | +29.1% |
| 2008 | 230.93 billion current LCU | +61.1% |
| 2009 | 88.31 billion current LCU | -61.8% |
| 2010 | -382.40 billion current LCU | -533.0% |
| 2011 | 63.34 billion current LCU | -116.6% |
Benin compared with similar countries
- Benin's 63.34 billion current LCU is below the median for lower middle income countries, which is 68.42 billion current LCU, 93% of the median. (24 countries reporting)
- Benin's 63.34 billion current LCU is above the median for Sub-Saharan Africa, which is 49.09 billion current LCU, 1.3× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Money and quasi money (M2), flow (current LCU) in Benin changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | -2484.2% | -95.90 million current LCU | -2.48 billion current LCU |
| 1994 | +1597.3% | -5.46 billion current LCU | 81.73 billion current LCU |
| 1966 | +1450.0% | 20.00 million current LCU | 310.00 million current LCU |
| 1984 | +1123.4% | -1.44 billion current LCU | 14.72 billion current LCU |
| 1980 | +1056.6% | 1.72 billion current LCU | 19.94 billion current LCU |
| 1999 | +1042.3% | -10.43 billion current LCU | 98.30 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 939.22 million current LCU | -140.00 million current LCU | 5.75 billion current LCU | 9 |
| 1970s | 3.22 billion current LCU | -1.23 billion current LCU | 13.41 billion current LCU | 10 |
| 1980s | 6.35 billion current LCU | -12.33 billion current LCU | 23.00 billion current LCU | 10 |
| 1990s | 27.66 billion current LCU | -10.43 billion current LCU | 98.30 billion current LCU | 10 |
| 2000s | 80.77 billion current LCU | -51.80 billion current LCU | 230.93 billion current LCU | 10 |
| 2010s | -159.53 billion current LCU | -382.40 billion current LCU | 63.34 billion current LCU | 2 |
Countries ranked near Benin
- 20 Mauritania 73.49 billion current LCU compare
- 21 Equatorial Guinea 69.06 billion current LCU compare
- 22 Chad 63.72 billion current LCU compare
- 24 Guinea-Bissau 51.65 billion current LCU compare
- 25 Sao Tome and Principe 46.53 billion current LCU compare
- 26 Morocco 43.20 billion current LCU 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 money and quasi money (m2), flow in Benin?
- Money and quasi money (m2), flow in Benin was 63.34 billion current LCU in 2011, according to International Monetary Fund, International Financial Statistics and data files.
- What is the highest money and quasi money (m2), flow recorded in Benin?
- The highest recorded value was 230.93 billion current LCU in 2008.
- What is the lowest money and quasi money (m2), flow recorded in Benin?
- The lowest recorded value was -382.40 billion current LCU in 2010.
- How does Benin rank for money and quasi money (m2), flow?
- Benin ranks 23rd out of 52 countries with data for 2011.
- Is money and quasi money (m2), flow rising or falling in Benin?
- Over the last ten years it is up 6.9%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from International Monetary Fund, International Financial Statistics and data files, published as part of Money and quasi money (M2), flow (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Money and quasi money (M2), flow (current LCU) is the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government.