Use of IMF credit in Benin
Benin: Use of IMF credit was 1.18 billion DOD, current US$ in 2024. ◆ Volatile
Use of IMF credit in Benin, 1978–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
The most recent figure for use of imf credit in Benin is 1.18 billion DOD, current US$, measured in 2024. That is the highest value across all 47 years on record.
That represents a change of up 3.5% on the previous year and up 436.7% over ten years.
Over the whole period, use of imf credit in Benin peaked at 1.18 billion DOD, current US$ in 2024 and was at its lowest, 3.98 million DOD, current US$, in 1988.
Benin ranks 51st of 122 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.06 million DOD, current US$ | 7.02 million DOD, current US$ | 7.10 million DOD, current US$ | 2 |
| 1980s | 11.17 million DOD, current US$ | 3.98 million DOD, current US$ | 16.14 million DOD, current US$ | 10 |
| 1990s | 64.39 million DOD, current US$ | 8.98 million DOD, current US$ | 105.06 million DOD, current US$ | 10 |
| 2000s | 70.85 million DOD, current US$ | 16.80 million DOD, current US$ | 131.59 million DOD, current US$ | 10 |
| 2010s | 210.53 million DOD, current US$ | 145.62 million DOD, current US$ | 266.70 million DOD, current US$ | 10 |
| 2020s | 905.99 million DOD, current US$ | 562.51 million DOD, current US$ | 1.18 billion DOD, current US$ | 5 |
Countries ranked near Benin
- 48 Madagascar 1.30 billion DOD, current US$ compare
- 49 Papua New Guinea 1.25 billion DOD, current US$ compare
- 50 Uzbekistan 1.21 billion DOD, current US$ compare
- 52 Mozambique 1.15 billion DOD, current US$ compare
- 53 Gabon 1.11 billion DOD, current US$ compare
- 54 Rwanda 1.10 billion DOD, current US$ compare
More external debt data for Benin
- IFC, private nonguaranteed 41.44 million NFL, US$ (2024)
- Public and publicly guaranteed debt service 4.5% (2024)
- Net financial flows, IDA 448.24 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 15.7% (2023)
- Debt service on external debt, public and publicly guaranteed (PPG) 952.67 million TDS, current US$ (2024)
- IMF repurchases and charges 107.83 million TDS, current US$ (2024)
- PPG, official creditors 1.09 billion NFL, US$ (2024)
- Net financial flows, multilateral 804.28 million NFL, current US$ (2024)
- Multilateral debt service 200.14 million TDS, current US$ (2024)
- Multilateral debt service 21.0% (2024)
Frequently asked questions
- What is use of imf credit in Benin?
- Use of imf credit in Benin was 1.18 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest use of imf credit recorded in Benin?
- The highest recorded value was 1.18 billion DOD, current US$ in 2024.
- What is the lowest use of imf credit recorded in Benin?
- The lowest recorded value was 3.98 million DOD, current US$ in 1988.
- How does Benin rank for use of imf credit?
- Benin ranks 51st out of 122 countries with data for 2024.
- Is use of imf credit rising or falling in Benin?
- Over the last ten years it is up 436.7%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Use of IMF credit (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.