Net secondary income in Benin
Benin: Net secondary income was 258.86 million BoP, current US$ in 2023. ▲ Rising
Net secondary income in Benin, 1974–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, net secondary income in Benin stood at 258.86 million BoP, current US$.
The figure is up 62.9% on the previous year and up 1.8% over ten years.
Over the whole period, net secondary income in Benin peaked at 293.87 million BoP, current US$ in 2014 and was at its lowest, 42.34 million BoP, current US$, in 1974.
Benin ranks 104th of 199 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 50 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 96.02 million BoP, current US$ | 42.34 million BoP, current US$ | 154.49 million BoP, current US$ | 6 |
| 1980s | 110.39 million BoP, current US$ | 80.16 million BoP, current US$ | 150.75 million BoP, current US$ | 10 |
| 1990s | 111.19 million BoP, current US$ | 74.66 million BoP, current US$ | 165.84 million BoP, current US$ | 10 |
| 2000s | 170.33 million BoP, current US$ | 66.54 million BoP, current US$ | 268.79 million BoP, current US$ | 10 |
| 2010s | 204.69 million BoP, current US$ | 141.79 million BoP, current US$ | 293.87 million BoP, current US$ | 10 |
| 2020s | 231.80 million BoP, current US$ | 158.87 million BoP, current US$ | 283.12 million BoP, current US$ | 4 |
Countries ranked near Benin
- 101 Eritrea 298.77 million BoP, current US$ compare
- 102 Samoa 277.41 million BoP, current US$ compare
- 103 Papua New Guinea 276.26 million BoP, current US$ compare
- 105 Lithuania 233.02 million BoP, current US$ compare
- 106 Faroe Islands 202.96 million BoP, current US$ compare
- 107 Tonga 201.37 million 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 secondary income in Benin?
- Net secondary income in Benin was 258.86 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net secondary income recorded in Benin?
- The highest recorded value was 293.87 million BoP, current US$ in 2014.
- What is the lowest net secondary income recorded in Benin?
- The lowest recorded value was 42.34 million BoP, current US$ in 1974.
- How does Benin rank for net secondary income?
- Benin ranks 104th out of 199 countries with data for 2023.
- Is net secondary income 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 Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net secondary income (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
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.