Secondary income, other sectors, payments in Benin
Benin: Secondary income, other sectors, payments was 119.57 million BoP, current US$ in 2023. ◆ Volatile
Secondary income, other sectors, payments in Benin, 1974–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for secondary income, other sectors, payments in Benin is 119.57 million BoP, current US$, measured in 2023.
Compared with earlier readings it is up 13.4% on the previous year and up 19.3% over ten years.
Over the whole period, secondary income, other sectors, payments in Benin peaked at 136.60 million BoP, current US$ in 2014 and was at its lowest, 1.81 million BoP, current US$, in 1976.
Benin ranks 140th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.59 million BoP, current US$ | 1.81 million BoP, current US$ | 3.19 million BoP, current US$ | 6 |
| 1980s | 6.15 million BoP, current US$ | 2.23 million BoP, current US$ | 17.65 million BoP, current US$ | 10 |
| 1990s | 24.00 million BoP, current US$ | 13.52 million BoP, current US$ | 32.65 million BoP, current US$ | 10 |
| 2000s | 37.28 million BoP, current US$ | 5.02 million BoP, current US$ | 105.46 million BoP, current US$ | 10 |
| 2010s | 83.71 million BoP, current US$ | 56.36 million BoP, current US$ | 136.60 million BoP, current US$ | 10 |
| 2020s | 107.48 million BoP, current US$ | 99.38 million BoP, current US$ | 119.57 million BoP, current US$ | 4 |
Countries ranked near Benin
- 137 Montenegro 136.13 million BoP, current US$ compare
- 138 Turks and Caicos Islands 129.28 million BoP, current US$ compare
- 139 New Caledonia 127.13 million BoP, current US$ compare
- 141 Guinea 114.92 million BoP, current US$ compare
- 142 East Timor 109.13 million BoP, current US$ compare
- 143 Uganda 107.79 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 secondary income, other sectors, payments in Benin?
- Secondary income, other sectors, payments in Benin was 119.57 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in Benin?
- The highest recorded value was 136.60 million BoP, current US$ in 2014.
- What is the lowest secondary income, other sectors, payments recorded in Benin?
- The lowest recorded value was 1.81 million BoP, current US$ in 1976.
- How does Benin rank for secondary income, other sectors, payments?
- Benin ranks 140th out of 197 countries with data for 2023.
- Is secondary income, other sectors, payments rising or falling in Benin?
- Over the last ten years it is up 19.3%. 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 Secondary income, other sectors, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.