Migrant remittance inflows in Benin

Benin: Migrant remittance inflows was 184.60 million current US$ in 2011. ◆ Volatile

Latest (2011)
184.60 million current US$
Change on year
unchanged
World rank
18th
of 50 countries
All-time high
281.57 million current US$
in 2007
All-time low
7.38 million current US$
in 1974
Years of data
38
1974–2011

Migrant remittance inflows in Benin, 1974–2011

0100.0M200.0M300.0M1974199220111974: 7.4M current US$1975: 17.6M current US$1976: 28.0M current US$1977: 39.2M current US$1978: 56.2M current US$1979: 72.9M current US$1980: 77.0M current US$1981: 62.0M current US$1982: 37.0M current US$1983: 43.8M current US$1984: 42.1M current US$1985: 40.3M current US$1986: 50.8M current US$1987: 60.2M current US$1988: 71.1M current US$1989: 91.3M current US$1990: 101.0M current US$1991: 118.0M current US$1992: 136.3M current US$1993: 108.9M current US$1994: 89.5M current US$1995: 100.1M current US$1996: 86.2M current US$1997: 71.2M current US$1998: 90.3M current US$1999: 76.6M current US$2000: 87.1M current US$2001: 83.6M current US$2002: 76.2M current US$2003: 55.4M current US$2004: 63.0M current US$2005: 172.7M current US$2006: 224.0M current US$2007: 281.6M current US$2008: 251.3M current US$2009: 149.9M current US$2010: 184.6M current US$2011: 184.6M current US$

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.

Migrant remittance inflows in Benin, year by year

Annual values for Migrant remittance inflows (current US$) in Benin, 1974 to 2011.
Year current US$ Change
1974 7.38 million current US$
1975 17.59 million current US$ +138.3%
1976 28.04 million current US$ +59.4%
1977 39.18 million current US$ +39.7%
1978 56.24 million current US$ +43.5%
1979 72.92 million current US$ +29.7%
1980 77.00 million current US$ +5.6%
1981 62.01 million current US$ -19.5%
1982 36.95 million current US$ -40.4%
1983 43.85 million current US$ +18.7%
1984 42.07 million current US$ -4.1%
1985 40.29 million current US$ -4.2%
1986 50.82 million current US$ +26.1%
1987 60.23 million current US$ +18.5%
1988 71.12 million current US$ +18.1%
1989 91.34 million current US$ +28.4%
1990 101.05 million current US$ +10.6%
1991 117.97 million current US$ +16.7%
1992 136.31 million current US$ +15.5%
1993 108.89 million current US$ -20.1%
1994 89.48 million current US$ -17.8%
1995 100.13 million current US$ +11.9%
1996 86.21 million current US$ -13.9%
1997 71.24 million current US$ -17.4%
1998 90.33 million current US$ +26.8%
1999 76.65 million current US$ -15.1%
2000 87.06 million current US$ +13.6%
2001 83.60 million current US$ -4.0%
2002 76.23 million current US$ -8.8%
2003 55.36 million current US$ -27.4%
2004 63.01 million current US$ +13.8%
2005 172.72 million current US$ +174.1%
2006 224.04 million current US$ +29.7%
2007 281.57 million current US$ +25.7%
2008 251.31 million current US$ -10.7%
2009 149.92 million current US$ -40.3%
2010 184.60 million current US$ +23.1%
2011 184.60 million current US$ +0.0%

Benin compared with similar countries

  • Benin's 184.60 million current US$ is above the median for lower middle income countries, which is 96.58 million current US$, 1.9× the median. (24 countries reporting)
  • Benin's 184.60 million current US$ is above the median for Sub-Saharan Africa, which is 84.49 million current US$, 2.2× the median. (44 countries reporting)

Biggest year-on-year movements

Years where Migrant remittance inflows in Benin changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2005 +174.1% 63.01 million current US$ 172.72 million current US$

Averages by decade

DecadeAverage LowestHighest 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

  1. 15 Liberia 359.99 million current US$ compare
  2. 16 Togo 336.60 million current US$ compare
  3. 17 Mauritius 249.03 million current US$ compare
  4. 19 Cape Verde 177.85 million current US$ compare
  5. 20 Mozambique 156.83 million current US$ compare
  6. 21 Ghana 151.60 million current US$ compare

See the full ranking of 56 places →

More trade data for Benin

All data for Benin →

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.

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Migrant remittance inflows in Benin. Statizoid, drawing on World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Retrieved 22 September 2026, from https://trade.statizoid.com/stat/migrant-remittance-inflows-current-us/benin/

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About this data

Indicator
Migrant remittance inflows (current US$)
Unit
current US$
Source
World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
56 places, 1,426 data points, 1970–2011
Last refreshed

Migrants’ remittances are defined as the sum of worker’s remittances,