Net errors and omissions, Net (credits less debits), Adjusted using in Benin
Benin: Net errors and omissions, Net (credits less debits), Adjusted using was -35.88 million in 2023. ◆ Volatile
Net errors and omissions, Net (credits less debits), Adjusted using in Benin, 2005–2023
Source: International Monetary Fund.
Analysis
The most recent figure for net errors and omissions, net (credits less debits), adjusted using in Benin is -35.88 million, measured in 2023. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 246.3% on the previous year and down 286.3% over ten years.
Over the whole period, net errors and omissions, net (credits less debits), adjusted using in Benin peaked at 106.13 million in 2007 and was at its lowest, -35.88 million, in 2023.
Benin ranks 107th of 197 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.
Net errors and omissions, Net (credits less debits), Adjusted using in Benin, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 28.35 million | — |
| 2006 | 50.44 million | +77.9% |
| 2007 | 106.13 million | +110.4% |
| 2008 | 31.88 million | -70.0% |
| 2009 | 13.62 million | -57.3% |
| 2010 | 33.10 million | +143.1% |
| 2011 | 13.81 million | -58.3% |
| 2012 | 26.10 million | +89.0% |
| 2013 | 19.26 million | -26.2% |
| 2014 | 5.23 million | -72.9% |
| 2015 | 7.61 million | +45.6% |
| 2016 | 1.43 million | -81.2% |
| 2017 | 19.33 million | +1248.6% |
| 2018 | -5.26 million | -127.2% |
| 2019 | 19.15 million | -463.8% |
| 2020 | 19.49 million | +1.8% |
| 2021 | -21.25 million | -209.0% |
| 2022 | 24.52 million | -215.4% |
| 2023 | -35.88 million | -246.3% |
Benin compared with similar countries
- Benin's -35.88 million is above the median for lower middle income countries, which is -42.57 million, 84% of the median. (46 countries reporting)
- Benin's -35.88 million is below the median for Sub-Saharan Africa, which is -20.98 million, 1.7× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions, Net (credits less debits), Adjusted using 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 |
|---|---|---|---|
| 2017 | +1248.6% | 1.43 million | 19.33 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 46.08 million | 13.62 million | 106.13 million | 5 |
| 2010s | 13.98 million | -5.26 million | 33.10 million | 10 |
| 2020s | -3.28 million | -35.88 million | 24.52 million | 4 |
Countries ranked near Benin
- 104 Mali -33.56 million compare
- 105 Saint Vincent and the Grenadines -34.39 million compare
- 106 French Polynesia -34.59 million compare
- 108 Saint Kitts and Nevis -37.48 million compare
- 109 Palau -38.17 million compare
- 110 Marshall Islands -38.44 million 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 net errors and omissions, net (credits less debits), adjusted using in Benin?
- Net errors and omissions, net (credits less debits), adjusted using in Benin was -35.88 million in 2023, according to International Monetary Fund.
- What is the highest net errors and omissions, net (credits less debits), adjusted using recorded in Benin?
- The highest recorded value was 106.13 million in 2007.
- What is the lowest net errors and omissions, net (credits less debits), adjusted using recorded in Benin?
- The lowest recorded value was -35.88 million in 2023.
- How does Benin rank for net errors and omissions, net (credits less debits), adjusted using?
- Benin ranks 107th out of 197 countries with data for 2023.
- Is net errors and omissions, net (credits less debits), adjusted using rising or falling in Benin?
- Over the last ten years it is down 286.3%. 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 Net errors and omissions, Net (credits less debits), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.