Number of Household Sector Depositors with Commercial Banks per 1,000 in Benin
Benin: Number of Household Sector Depositors with Commercial Banks per 1,000 was 254.82 in 2024. ◆ Volatile
Latest (2024)
254.82
Change on year
up 1.2%
World rank
56th
of 72 countries
All-time high
291.93
in 2021
All-time low
39.34
in 2004
Years of data
21
2004–2024
Number of Household Sector Depositors with Commercial Banks per 1,000 in Benin, 2004–2024
Source: International Monetary Fund.
Analysis
Benin recorded 254.82 for number of household sector depositors with commercial banks per 1,000 in 2024.
The figure is up 1.2% on the previous year and up 86.0% over ten years.
Over the whole period, number of household sector depositors with commercial banks per 1,000 in Benin peaked at 291.93 in 2021 and was at its lowest, 39.34, in 2004.
Benin ranks 56th of 72 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Number of Household Sector Depositors with Commercial Banks per 1,000 in Benin, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 39.34 | — |
| 2005 | 42.94 | +9.1% |
| 2006 | 49.8 | +16.0% |
| 2007 | 44.21 | -11.2% |
| 2008 | 66.39 | +50.2% |
| 2009 | 80.53 | +21.3% |
| 2010 | 92.96 | +15.4% |
| 2011 | 105.6 | +13.6% |
| 2012 | 111.2 | +5.3% |
| 2013 | 124.99 | +12.4% |
| 2014 | 137 | +9.6% |
| 2015 | 152.9 | +11.6% |
| 2016 | 164.46 | +7.6% |
| 2017 | 176.56 | +7.4% |
| 2018 | 172.94 | -2.0% |
| 2019 | 210.99 | +22.0% |
| 2020 | 283.75 | +34.5% |
| 2021 | 291.93 | +2.9% |
| 2022 | 259.46 | -11.1% |
| 2023 | 251.76 | -3.0% |
| 2024 | 254.82 | +1.2% |
Benin compared with similar countries
- Benin's 254.82 is below the median for lower middle income countries, which is 421.45, 60% of the median. (19 countries reporting)
- Benin's 254.82 is above the median for Sub-Saharan Africa, which is 221.01, 1.2× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 53.87 | 39.34 | 80.53 | 6 |
| 2010s | 144.96 | 92.96 | 210.99 | 10 |
| 2020s | 268.34 | 251.76 | 291.93 | 5 |
Countries ranked near Benin
- 53 Cote d'Ivoire 392.97 compare
- 54 Myanmar 353.77 compare
- 55 United States 332.48 compare
- 57 Equatorial Guinea 233.65 compare
- 58 Burkina Faso 221.32 compare
- 59 Senegal 220.69 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 number of household sector depositors with commercial banks per 1,000 in Benin?
- Number of household sector depositors with commercial banks per 1,000 in Benin was 254.82 in 2024, according to International Monetary Fund.
- What is the highest number of household sector depositors with commercial banks per 1,000 recorded in Benin?
- The highest recorded value was 291.93 in 2021.
- What is the lowest number of household sector depositors with commercial banks per 1,000 recorded in Benin?
- The lowest recorded value was 39.34 in 2004.
- How does Benin rank for number of household sector depositors with commercial banks per 1,000?
- Benin ranks 56th out of 72 countries with data for 2024.
- Is number of household sector depositors with commercial banks per 1,000 rising or falling in Benin?
- Over the last ten years it is up 86.0%. 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 Number of Household Sector Depositors with Commercial Banks per 1,000 Adults. Statizoid updates them automatically from the source API.
Download this data
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About this data
Gender-disaggregated data on access to and use of financial services.