Official current transfers, net in Benin
Benin: Official current transfers, net was 83.95 million BoP, current US$ in 2010. ▲ Rising
Latest (2010)
83.95 million BoP, current US$
Change on year
down 19.0%
World rank
24th
of 33 countries
All-time high
114.99 million BoP, current US$
in 2007
All-time low
43.78 million BoP, current US$
in 2005
Years of data
6
2005–2010
Official current transfers, net in Benin, 2005–2010
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
Benin recorded 83.95 million BoP, current US$ for official current transfers, net in 2010.
Compared with earlier readings it is down 19.0% on the previous year and up 91.7% over ten years.
That places Benin 24th out of 33 countries with data for 2010, putting it in the middle of the range.
Official current transfers, net in Benin, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 43.78 million BoP, current US$ | — |
| 2006 | 107.11 million BoP, current US$ | +144.6% |
| 2007 | 114.99 million BoP, current US$ | +7.4% |
| 2008 | 80.87 million BoP, current US$ | -29.7% |
| 2009 | 103.60 million BoP, current US$ | +28.1% |
| 2010 | 83.95 million BoP, current US$ | -19.0% |
Benin compared with similar countries
- Benin's 83.95 million BoP, current US$ is below the median for lower middle income countries, which is 142.13 million BoP, current US$, 59% of the median. (16 countries reporting)
- Benin's 83.95 million BoP, current US$ is below the median for Sub-Saharan Africa, which is 188.54 million BoP, current US$, 45% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 90.07 million BoP, current US$ | 43.78 million BoP, current US$ | 114.99 million BoP, current US$ | 5 |
| 2010s | 83.95 million BoP, current US$ | 83.95 million BoP, current US$ | 83.95 million BoP, current US$ | 1 |
Countries ranked near Benin
- 21 Cameroon 105.26 million BoP, current US$ compare
- 22 Togo 100.56 million BoP, current US$ compare
- 23 Mauritius 84.84 million BoP, current US$ compare
- 25 Cape Verde 69.70 million BoP, current US$ compare
- 26 Senegal 67.52 million BoP, current US$ compare
- 27 Guinea 53.45 million BoP, current US$ compare
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 official current transfers, net in Benin?
- Official current transfers, net in Benin was 83.95 million BoP, current US$ in 2010, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
- What is the highest official current transfers, net recorded in Benin?
- The highest recorded value was 114.99 million BoP, current US$ in 2007.
- What is the lowest official current transfers, net recorded in Benin?
- The lowest recorded value was 43.78 million BoP, current US$ in 2005.
- How does Benin rank for official current transfers, net?
- Benin ranks 24th out of 33 countries with data for 2010.
- Is official current transfers, net rising or falling in Benin?
- Over the last ten years it is up 91.7%. The long-run trend across the full record is rising.
- Where does this Benin data come from?
- The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as part of Official current transfers, net (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
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.