Personal remittances, received in Benin
Benin: Personal remittances, received was 338.54 million current US$ in 2023. ◆ Volatile
Personal remittances, received in Benin, 1974–2023
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for personal remittances, received in Benin is 338.54 million current US$, measured in 2023. That is the highest value across all 50 years on record.
The figure is up 35.2% on the previous year and up 36.1% over ten years.
Over the whole period, personal remittances, received in Benin peaked at 338.54 million current US$ in 2023 and was at its lowest, 7.38 million current US$, in 1974.
Benin ranks 130th of 196 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 36.89 million current US$ | 7.38 million current US$ | 72.92 million current US$ | 6 |
| 1980s | 57.57 million current US$ | 36.95 million current US$ | 91.34 million current US$ | 10 |
| 1990s | 97.19 million current US$ | 70.11 million current US$ | 136.31 million current US$ | 10 |
| 2000s | 128.13 million current US$ | 55.40 million current US$ | 240.79 million current US$ | 10 |
| 2010s | 212.07 million current US$ | 139.57 million current US$ | 304.66 million current US$ | 10 |
| 2020s | 256.12 million current US$ | 204.62 million current US$ | 338.54 million current US$ | 4 |
Countries ranked near Benin
- 127 Madagascar 406.26 million current US$ compare
- 128 Cape Verde 356.76 million current US$ compare
- 129 Saudi Arabia 350.57 million current US$ compare
- 131 Zambia 334.31 million current US$ compare
- 132 Sierra Leone 320.83 million current US$ compare
- 133 Comoros 305.57 million current US$ compare
More economy & growth data for Benin
- Manufacturing, value added 10.2% (2025)
- Final consumption expenditure 7.3% (2025)
- Industry (including construction), value added 2.50 trillion current LCU (2025)
- Final consumption expenditure 67.2% (2025)
- Industry (including construction), value added 4.30 billion current US$ (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 personal remittances, received in Benin?
- Personal remittances, received in Benin was 338.54 million current US$ in 2023, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Benin?
- The highest recorded value was 338.54 million current US$ in 2023.
- What is the lowest personal remittances, received recorded in Benin?
- The lowest recorded value was 7.38 million current US$ in 1974.
- How does Benin rank for personal remittances, received?
- Benin ranks 130th out of 196 countries with data for 2023.
- Is personal remittances, received rising or falling in Benin?
- Over the last ten years it is up 36.1%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, received (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.