Services, Debit/Expenditure in Benin
Benin: Services, Debit/Expenditure was 1.54 billion in 2023. ▲ Rising
Services, Debit/Expenditure in Benin, 2005–2023
Source: International Monetary Fund.
Analysis
The most recent figure for services, debit/expenditure in Benin is 1.54 billion, measured in 2023. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 63.9% on the previous year and up 102.4% over ten years.
Over the whole period, services, debit/expenditure in Benin peaked at 1.54 billion in 2023 and was at its lowest, 281.34 million, in 2005.
That places Benin 133rd out of 198 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Services, Debit/Expenditure in Benin, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 281.34 million | — |
| 2006 | 356.31 million | +26.6% |
| 2007 | 501.40 million | +40.7% |
| 2008 | 512.09 million | +2.1% |
| 2009 | 497.88 million | -2.8% |
| 2010 | 515.20 million | +3.5% |
| 2011 | 504.54 million | -2.1% |
| 2012 | 585.12 million | +16.0% |
| 2013 | 761.20 million | +30.1% |
| 2014 | 886.56 million | +16.5% |
| 2015 | 577.25 million | -34.9% |
| 2016 | 769.51 million | +33.3% |
| 2017 | 693.64 million | -9.9% |
| 2018 | 768.75 million | +10.8% |
| 2019 | 805.66 million | +4.8% |
| 2020 | 789.86 million | -2.0% |
| 2021 | 930.93 million | +17.9% |
| 2022 | 939.93 million | +1.0% |
| 2023 | 1.54 billion | +63.9% |
Benin compared with similar countries
- Benin's 1.54 billion is below the median for lower middle income countries, which is 2.37 billion, 65% of the median. (46 countries reporting)
- Benin's 1.54 billion is below the median for Sub-Saharan Africa, which is 1.66 billion, 93% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 429.81 million | 281.34 million | 512.09 million | 5 |
| 2010s | 686.74 million | 504.54 million | 886.56 million | 10 |
| 2020s | 1.05 billion | 789.86 million | 1.54 billion | 4 |
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 services, debit/expenditure in Benin?
- Services, debit/expenditure in Benin was 1.54 billion in 2023, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Benin?
- The highest recorded value was 1.54 billion in 2023.
- What is the lowest services, debit/expenditure recorded in Benin?
- The lowest recorded value was 281.34 million in 2005.
- How does Benin rank for services, debit/expenditure?
- Benin ranks 133rd out of 198 countries with data for 2023.
- Is services, debit/expenditure rising or falling in Benin?
- Over the last ten years it is up 102.4%. The long-run trend across the full record is rising.
- Where does this Benin data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.