Migrant remittance outflows in Benin
Benin: Migrant remittance outflows was 78.12 million current US$ in 2011. ◆ Volatile
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$, in 1977.
Benin ranks 14th of 49 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.87 million current US$ | 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
- 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 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
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About this data
Migrants’ remittances are defined as the sum of worker’s remittances,