Net financial account in Benin
Benin: Net financial account was -1.41 billion BoP, current US$ in 2023. ◆ Volatile
Net financial account in Benin, 1974–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net financial account in Benin is -1.41 billion BoP, current US$, measured in 2023. That is the lowest value across all 50 years on record.
That represents a change of down 74.7% on the previous year and down 198.9% over ten years.
Over the whole period, net financial account in Benin peaked at 963.62 million BoP, current US$ in 2006 and was at its lowest, -1.41 billion BoP, current US$, in 2023.
Benin ranks 142nd of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -40.39 million BoP, current US$ | -76.98 million BoP, current US$ | -18.61 million BoP, current US$ | 6 |
| 1980s | -75.32 million BoP, current US$ | -365.10 million BoP, current US$ | 86.76 million BoP, current US$ | 10 |
| 1990s | 3.64 million BoP, current US$ | -79.22 million BoP, current US$ | 114.85 million BoP, current US$ | 10 |
| 2000s | -72.72 million BoP, current US$ | -495.57 million BoP, current US$ | 963.62 million BoP, current US$ | 10 |
| 2010s | -399.09 million BoP, current US$ | -617.90 million BoP, current US$ | -212.61 million BoP, current US$ | 10 |
| 2020s | -694.82 million BoP, current US$ | -1.41 billion BoP, current US$ | -95.45 million BoP, current US$ | 4 |
Countries ranked near Benin
- 139 Rwanda -1.25 billion BoP, current US$ compare
- 140 Armenia -1.26 billion BoP, current US$ compare
- 141 Hungary -1.37 billion BoP, current US$ compare
- 143 Cameroon -1.52 billion BoP, current US$ compare
- 144 Paraguay -1.58 billion BoP, current US$ compare
- 145 Jordan -1.64 billion BoP, current US$ compare
More economy & growth data for Benin
- Industry (including construction), value added 4.30 billion current US$ (2025)
- Final consumption expenditure 7.3% (2025)
- Industry (including construction), value added 3.60 billion constant 2015 US$ (2025)
- Final consumption expenditure 67.2% (2025)
- Industry (including construction), value added 2.50 trillion current LCU (2025)
- Gross national expenditure 25.31 billion current US$ (2025)
- Gross national expenditure 14.73 trillion current LCU (2025)
- Gross national expenditure 21.24 billion constant 2015 US$ (2025)
- Exports of goods and services -0.6% (2025)
- Exports of goods and services 4.08 billion constant 2015 US$ (2025)
Frequently asked questions
- What is net financial account in Benin?
- Net financial account in Benin was -1.41 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net financial account recorded in Benin?
- The highest recorded value was 963.62 million BoP, current US$ in 2006.
- What is the lowest net financial account recorded in Benin?
- The lowest recorded value was -1.41 billion BoP, current US$ in 2023.
- How does Benin rank for net financial account?
- Benin ranks 142nd out of 198 countries with data for 2023.
- Is net financial account rising or falling in Benin?
- Over the last ten years it is down 198.9%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net financial account (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.