Net current transfers (% of GDP) in Benin
Benin: Net current transfers (% of GDP) was 2.4% in 2010. ▼ Falling
Net current transfers in Benin, 2005–2010
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator. Measured in % of GDP.
Analysis
Benin recorded 2.4% for net current transfers in 2010. That is the lowest value across all 6 years on record.
Compared with earlier readings it is down 9.6% on the previous year and down 37.3% over ten years.
Benin ranks 32nd of 41 countries on this measure, in the bottom quarter.
Net current transfers (% of GDP) in Benin, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 3.8% | — |
| 2006 | 5.5% | +45.7% |
| 2007 | 4.9% | -11.3% |
| 2008 | 3.7% | -24.3% |
| 2009 | 2.6% | -29.1% |
| 2010 | 2.4% | -9.6% |
Benin compared with similar countries
- Benin's 2.4% is below the median for lower middle income countries, which is 6.6%, 36% of the median. (20 countries reporting)
- Benin's 2.4% is below the median for Sub-Saharan Africa, which is 7.2%, 33% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.1% | 2.6% | 5.5% | 5 |
| 2010s | 2.4% | 2.4% | 2.4% | 1 |
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 net current transfers in Benin?
- Net current transfers in Benin was 2.4% in 2010, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator.
- What is the highest net current transfers recorded in Benin?
- The highest recorded value was 5.5% in 2006.
- What is the lowest net current transfers recorded in Benin?
- The lowest recorded value was 2.4% in 2010.
- How does Benin rank for net current transfers?
- Benin ranks 32nd out of 41 countries with data for 2010.
- Is net current transfers rising or falling in Benin?
- Over the last ten years it is down 37.3%. The long-run trend across the full record is falling.
- Where does this Benin data come from?
- The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator, published as part of Net current transfers (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net current transfers are recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.