Migrant remittance inflows in Benin
Benin: Migrant remittance inflows was 184.60 million current US$ in 2011. ◆ Volatile
Migrant remittance inflows in Benin, 1974–2011
Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.
Analysis
In 2011, migrant remittance inflows in Benin stood at 184.60 million current US$.
That represents a change of up 120.8% over ten years.
Over the whole period, migrant remittance inflows in Benin peaked at 281.57 million current US$ in 2007 and was at its lowest, 7.38 million current US$, in 1974.
Benin ranks 18th of 50 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 36.89 million current US$ | 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 | 97.83 million current US$ | 71.24 million current US$ | 136.31 million current US$ | 10 |
| 2000s | 144.48 million current US$ | 55.36 million current US$ | 281.57 million current US$ | 10 |
| 2010s | 184.60 million current US$ | 184.60 million current US$ | 184.60 million current US$ | 2 |
Countries ranked near Benin
More trade data for Benin
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 1.95 million FAO, current US$ (2010)
- Food imports excluding fish 420.92 million FAO, current US$ (2010)
- Total agricultural imports 459.88 million FAO, current US$ (2010)
- Cereal imports 92.06 million FAO, current US$ (2010)
- Cereal imports quantity 649,054 FAO, tonnes (2010)
- Total agricultural exports 601.17 million FAO, current US$ (2010)
- Cereal exports 101.46 million FAO, current US$ (2010)
- Cereal exports quantity 581,879 FAO, tonnes (2010)
- Merchandise exports, WB 626.60 million current US$ (2005)
Frequently asked questions
- What is migrant remittance inflows in Benin?
- Migrant remittance inflows in Benin was 184.60 million current US$ in 2011, according to World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008.
- What is the highest migrant remittance inflows recorded in Benin?
- The highest recorded value was 281.57 million current US$ in 2007.
- What is the lowest migrant remittance inflows recorded in Benin?
- The lowest recorded value was 7.38 million current US$ in 1974.
- How does Benin rank for migrant remittance inflows?
- Benin ranks 18th out of 50 countries with data for 2011.
- Is migrant remittance inflows rising or falling in Benin?
- Over the last ten years it is up 120.8%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, published as part of Migrant remittance inflows (current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Migrants’ remittances are defined as the sum of worker’s remittances,