Net secondary income (Net current transfers from abroad) in Benin

Benin: Net secondary income (Net current transfers from abroad) was 43.98 billion constant LCU in 2010. ▲ Rising

Latest (2010)
43.98 billion constant LCU
Change on year
down 16.5%
World rank
44th
of 125 countries
All-time high
60.59 billion constant LCU
in 2006
All-time low
19.65 billion constant LCU
in 1996
Years of data
26
1985–2010

Net secondary income (Net current transfers from abroad) in Benin, 1985–2010

20.0B30.0B40.0B50.0B60.0B1985199720101985: 27.9B constant LCU1986: 27.9B constant LCU1987: 23.7B constant LCU1988: 24.0B constant LCU1989: 28.6B constant LCU1990: 47.3B constant LCU1991: 28.0B constant LCU1992: 37.4B constant LCU1993: 40.1B constant LCU1994: 19.9B constant LCU1995: 20.8B constant LCU1996: 19.7B constant LCU1997: 44.7B constant LCU1998: 35.6B constant LCU1999: 41.6B constant LCU2000: 53.4B constant LCU2001: 56.7B constant LCU2002: 54.4B constant LCU2003: 40.7B constant LCU2004: 44.6B constant LCU2005: 44.7B constant LCU2006: 60.6B constant LCU2007: 56.1B constant LCU2008: 56.9B constant LCU2009: 52.7B constant LCU2010: 44.0B constant LCU

Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.

Analysis

In 2010, net secondary income (net current transfers from abroad) in Benin stood at 43.98 billion constant LCU.

Compared with earlier readings it is down 16.5% on the previous year and down 17.7% over ten years.

Over the whole period, net secondary income (net current transfers from abroad) in Benin peaked at 60.59 billion constant LCU in 2006 and was at its lowest, 19.65 billion constant LCU, in 1996.

Benin ranks 44th of 125 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 26.44 billion constant LCU 23.74 billion constant LCU 28.63 billion constant LCU 5
1990s 33.50 billion constant LCU 19.65 billion constant LCU 47.31 billion constant LCU 10
2000s 52.09 billion constant LCU 40.71 billion constant LCU 60.59 billion constant LCU 10
2010s 43.98 billion constant LCU 43.98 billion constant LCU 43.98 billion constant LCU 1

Countries ranked near Benin

  1. 41 Denmark 61.66 billion constant LCU compare
  2. 42 Morocco 59.99 billion constant LCU compare
  3. 43 North Macedonia 53.15 billion constant LCU compare
  4. 45 Norway 34.63 billion constant LCU compare
  5. 46 France 32.89 billion constant LCU compare
  6. 47 Central African Republic 32.05 billion constant LCU compare

See the full ranking of 125 places →

More economy & growth data for Benin

All data for Benin →

Frequently asked questions

What is net secondary income (net current transfers from abroad) in Benin?
Net secondary income (net current transfers from abroad) in Benin was 43.98 billion constant LCU in 2010, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest net secondary income (net current transfers from abroad) recorded in Benin?
The highest recorded value was 60.59 billion constant LCU in 2006.
What is the lowest net secondary income (net current transfers from abroad) recorded in Benin?
The lowest recorded value was 19.65 billion constant LCU in 1996.
How does Benin rank for net secondary income (net current transfers from abroad)?
Benin ranks 44th out of 125 countries with data for 2010.
Is net secondary income (net current transfers from abroad) rising or falling in Benin?
Over the last ten years it is down 17.7%. The long-run trend across the full record is rising.
Where does this Benin data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Net secondary income (Net current transfers from abroad) (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
125 places, 3,676 data points, 1960–2013
Last refreshed

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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.