Official current transfers, payments in Benin
Benin: Official current transfers, payments was 3.55 million BoP, current US$ in 2010. ▲ Rising
Official current transfers, payments in Benin, 2005–2010
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
In 2010, official current transfers, payments in Benin stood at 3.55 million BoP, current US$. That is the highest value across all 6 years on record.
The figure is up 7.9% on the previous year and up 686.7% over ten years.
That places Benin 24th out of 34 countries with data for 2010, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.34 million BoP, current US$ | 451,212 BoP, current US$ | 3.29 million BoP, current US$ | 5 |
| 2010s | 3.55 million BoP, current US$ | 3.55 million BoP, current US$ | 3.55 million BoP, current US$ | 1 |
Countries ranked near Benin
- 21 Djibouti 5.09 million BoP, current US$ compare
- 22 Mozambique 4.89 million BoP, current US$ compare
- 23 Burkina Faso 4.34 million BoP, current US$ compare
- 25 Cape Verde 1.84 million BoP, current US$ compare
- 26 Mauritius 1.53 million BoP, current US$ compare
- 27 Gambia 1.23 million BoP, current US$ compare
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 official current transfers, payments in Benin?
- Official current transfers, payments in Benin was 3.55 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, payments recorded in Benin?
- The highest recorded value was 3.55 million BoP, current US$ in 2010.
- What is the lowest official current transfers, payments recorded in Benin?
- The lowest recorded value was 451,212 BoP, current US$ in 2005.
- How does Benin rank for official current transfers, payments?
- Benin ranks 24th out of 34 countries with data for 2010.
- Is official current transfers, payments rising or falling in Benin?
- Over the last ten years it is up 686.7%. 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, payments (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.