Services, Credit/Revenue in Benin
Benin: Services, Credit/Revenue was 461.10 million in 2023. ▲ Rising
Services, Credit/Revenue in Benin, 2005–2023
Source: International Monetary Fund.
Analysis
Benin recorded 461.10 million for services, credit/revenue in 2023.
Compared with earlier readings it is down 16.5% on the previous year and down 10.4% over ten years.
Over the whole period, services, credit/revenue in Benin peaked at 552.14 million in 2022 and was at its lowest, 193.84 million, in 2005.
Benin ranks 160th of 198 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Services, Credit/Revenue in Benin, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 193.84 million | — |
| 2006 | 217.26 million | +12.1% |
| 2007 | 301.93 million | +39.0% |
| 2008 | 349.44 million | +15.7% |
| 2009 | 221.82 million | -36.5% |
| 2010 | 376.83 million | +69.9% |
| 2011 | 411.70 million | +9.3% |
| 2012 | 433.91 million | +5.4% |
| 2013 | 514.53 million | +18.6% |
| 2014 | 479.24 million | -6.9% |
| 2015 | 344.12 million | -28.2% |
| 2016 | 354.18 million | +2.9% |
| 2017 | 333.74 million | -5.8% |
| 2018 | 503.30 million | +50.8% |
| 2019 | 528.46 million | +5.0% |
| 2020 | 510.37 million | -3.4% |
| 2021 | 511.58 million | +0.2% |
| 2022 | 552.14 million | +7.9% |
| 2023 | 461.10 million | -16.5% |
Benin compared with similar countries
- Benin's 461.10 million is below the median for lower middle income countries, which is 1.29 billion, 36% of the median. (46 countries reporting)
- Benin's 461.10 million is below the median for Sub-Saharan Africa, which is 514.12 million, 90% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 256.86 million | 193.84 million | 349.44 million | 5 |
| 2010s | 428.00 million | 333.74 million | 528.46 million | 10 |
| 2020s | 508.80 million | 461.10 million | 552.14 million | 4 |
Countries ranked near Benin
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 services, credit/revenue in Benin?
- Services, credit/revenue in Benin was 461.10 million in 2023, according to International Monetary Fund.
- What is the highest services, credit/revenue recorded in Benin?
- The highest recorded value was 552.14 million in 2022.
- What is the lowest services, credit/revenue recorded in Benin?
- The lowest recorded value was 193.84 million in 2005.
- How does Benin rank for services, credit/revenue?
- Benin ranks 160th out of 198 countries with data for 2023.
- Is services, credit/revenue rising or falling in Benin?
- Over the last ten years it is down 10.4%. 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 Services, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.
Download this data
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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.