Secondary income balance (credit less debit), Net (credits less) in Benin
Benin: Secondary income balance (credit less debit), Net (credits less) was 258.86 million in 2023. ▲ Rising
Secondary income balance (credit less debit), Net (credits less) in Benin, 2005–2023
Source: International Monetary Fund.
Analysis
Benin recorded 258.86 million for secondary income balance (credit less debit), net (credits less) in 2023.
That represents a change of up 62.9% on the previous year and up 1.8% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Benin peaked at 293.87 million in 2014 and was at its lowest, 141.79 million, in 2011.
That places Benin 105th out of 197 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Secondary income balance (credit less debit), Net (credits less) in Benin, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 164.46 million | — |
| 2006 | 258.87 million | +57.4% |
| 2007 | 268.79 million | +3.8% |
| 2008 | 245.79 million | -8.6% |
| 2009 | 172.91 million | -29.7% |
| 2010 | 155.18 million | -10.3% |
| 2011 | 141.79 million | -8.6% |
| 2012 | 200.44 million | +41.4% |
| 2013 | 254.32 million | +26.9% |
| 2014 | 293.87 million | +15.5% |
| 2015 | 143.26 million | -51.3% |
| 2016 | 209.57 million | +46.3% |
| 2017 | 204.27 million | -2.5% |
| 2018 | 227.30 million | +11.3% |
| 2019 | 216.87 million | -4.6% |
| 2020 | 283.12 million | +30.5% |
| 2021 | 226.37 million | -20.0% |
| 2022 | 158.87 million | -29.8% |
| 2023 | 258.86 million | +62.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 222.16 million | 164.46 million | 268.79 million | 5 |
| 2010s | 204.69 million | 141.79 million | 293.87 million | 10 |
| 2020s | 231.80 million | 158.87 million | 283.12 million | 4 |
Countries ranked near Benin
More financial sector data for Benin
- Net domestic credit (current LCU), per capita 226,044 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 136.31 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 13.87 % change on previous year (2025)
- Reserve tranche position, SDR, per capita 1.24 units per person (2025)
- Reserve tranche position, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve tranche position, US dollar, per capita 1.7 units per person (2025)
- Domestic credit to private sector by banks 19.7% (2025)
- Net domestic credit 3.35 trillion current LCU (2025)
- Net foreign assets 2.25 trillion current LCU (2025)
Frequently asked questions
- What is secondary income balance (credit less debit), net (credits less) in Benin?
- Secondary income balance (credit less debit), net (credits less) in Benin was 258.86 million in 2023, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Benin?
- The highest recorded value was 293.87 million in 2014.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Benin?
- The lowest recorded value was 141.79 million in 2011.
- How does Benin rank for secondary income balance (credit less debit), net (credits less)?
- Benin ranks 105th out of 197 countries with data for 2023.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Benin?
- Over the last ten years it is up 1.8%. The long-run trend across the full record is rising.
- Where does this Benin data come from?
- The figures come from International Monetary Fund, published as part of Secondary income balance (credit less debit), Net (credits less debits) (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.