Migrant remittance outflows in Benin
Benin: Migrant remittance outflows was 78.12 million current US$ in 2011. ◆ Volatile
Latest (2011)
78.12 million current US$
Change on year
unchanged
World rank
14th
of 49 countries
All-time high
114.55 million current US$
in 2007
All-time low
1.21 million current US$
in 1977
Years of data
38
1974–2011
Migrant remittance outflows 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$.
Analysis
Benin recorded 78.12 million current US$ for migrant remittance outflows in 2011.
That represents a change of up 661.5% over ten years.
Over the whole period, migrant remittance outflows in Benin peaked at 114.55 million current US$ in 2007 and was at its lowest, 1.21 million current US$, in 1977.
Benin ranks 14th of 49 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Migrant remittance outflows in Benin, year by year
| Year | current US$ | Change |
|---|---|---|
| 1974 | 2.69 million current US$ | — |
| 1975 | 2.66 million current US$ | -0.9% |
| 1976 | 1.33 million current US$ | -50.1% |
| 1977 | 1.21 million current US$ | -9.2% |
| 1978 | 1.51 million current US$ | +25.0% |
| 1979 | 1.84 million current US$ | +21.9% |
| 1980 | 2.12 million current US$ | +15.1% |
| 1981 | 1.90 million current US$ | -10.4% |
| 1982 | 23.77 million current US$ | +1151.9% |
| 1983 | 22.30 million current US$ | -6.2% |
| 1984 | 28.69 million current US$ | +28.7% |
| 1985 | 11.13 million current US$ | -61.2% |
| 1986 | 2.89 million current US$ | -74.1% |
| 1987 | 3.33 million current US$ | +15.2% |
| 1988 | 15.52 million current US$ | +366.3% |
| 1989 | 15.15 million current US$ | -2.4% |
| 1990 | 20.69 million current US$ | +36.5% |
| 1991 | 20.73 million current US$ | +0.2% |
| 1992 | 21.15 million current US$ | +2.0% |
| 1993 | 21.46 million current US$ | +1.5% |
| 1994 | 23.25 million current US$ | +8.4% |
| 1995 | 26.48 million current US$ | +13.9% |
| 1996 | 33.62 million current US$ | +26.9% |
| 1997 | 17.06 million current US$ | -49.2% |
| 1998 | 29.88 million current US$ | +75.1% |
| 1999 | 5.93 million current US$ | -80.1% |
| 2000 | 8.88 million current US$ | +49.6% |
| 2001 | 10.26 million current US$ | +15.5% |
| 2002 | 6.62 million current US$ | -35.5% |
| 2003 | 5.66 million current US$ | -14.4% |
| 2004 | 6.21 million current US$ | +9.6% |
| 2005 | 39.85 million current US$ | +541.8% |
| 2006 | 66.85 million current US$ | +67.8% |
| 2007 | 114.55 million current US$ | +71.3% |
| 2008 | 88.28 million current US$ | -22.9% |
| 2009 | 76.00 million current US$ | -13.9% |
| 2010 | 78.12 million current US$ | +2.8% |
| 2011 | 78.12 million current US$ | +0.0% |
Benin compared with similar countries
- Benin's 78.12 million current US$ is above the median for lower middle income countries, which is 50.04 million current US$, 1.6× the median. (24 countries reporting)
- Benin's 78.12 million current US$ is above the median for Sub-Saharan Africa, which is 30.76 million current US$, 2.5× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Migrant remittance outflows in Benin changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1982 | +1151.9% | 1.90 million current US$ | 23.77 million current US$ |
| 2005 | +541.8% | 6.21 million current US$ | 39.85 million current US$ |
| 1988 | +366.3% | 3.33 million current US$ | 15.52 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.87 million current US$ | 1.21 million current US$ | 2.69 million current US$ | 6 |
| 1980s | 12.68 million current US$ | 1.90 million current US$ | 28.69 million current US$ | 10 |
| 1990s | 22.03 million current US$ | 5.93 million current US$ | 33.62 million current US$ | 10 |
| 2000s | 42.32 million current US$ | 5.66 million current US$ | 114.55 million current US$ | 10 |
| 2010s | 78.12 million current US$ | 78.12 million current US$ | 78.12 million current US$ | 2 |
Countries ranked near Benin
More trade data for Benin
- Commodity Net Export Price Index, Individual Commodities Weighted by 106.22 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 100.62 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.4 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 84.16 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 98.79 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 78.62 (2025)
- Imports of low carbon technology products, Percent of GDP 0.3386 (2024)
- Imports of low carbon technology products, US dollar (World), per 5.03 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0034 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 1.93 million (2024)
Frequently asked questions
- What is migrant remittance outflows in Benin?
- Migrant remittance outflows in Benin was 78.12 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 outflows recorded in Benin?
- The highest recorded value was 114.55 million current US$ in 2007.
- What is the lowest migrant remittance outflows recorded in Benin?
- The lowest recorded value was 1.21 million current US$ in 1977.
- How does Benin rank for migrant remittance outflows?
- Benin ranks 14th out of 49 countries with data for 2011.
- Is migrant remittance outflows rising or falling in Benin?
- Over the last ten years it is up 661.5%. 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 outflows (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 38 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Migrants’ remittances are defined as the sum of worker’s remittances,