Workers' remittances, net in Benin

Benin: Workers' remittances, net was 65.46 million BoP, current US$ in 2010. ▼ Falling

Latest (2010)
65.46 million BoP, current US$
Change on year
up 17.3%
World rank
17th
of 39 countries
All-time high
134.08 million BoP, current US$
in 2006
All-time low
55.82 million BoP, current US$
in 2009
Years of data
6
2005–2010

Workers' remittances, net in Benin, 2005–2010

050.0M100.0M150.0M2005200720102005: 106.6M BoP, current US$2006: 134.1M BoP, current US$2007: 131.8M BoP, current US$2008: 131.8M BoP, current US$2009: 55.8M BoP, current US$2010: 65.5M BoP, current US$

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.

Analysis

The most recent figure for workers' remittances, net in Benin is 65.46 million BoP, current US$, measured in 2010.

The figure is up 17.3% on the previous year and down 38.6% over ten years.

That places Benin 17th out of 39 countries with data for 2010, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 112.01 million BoP, current US$ 55.82 million BoP, current US$ 134.08 million BoP, current US$ 5
2010s 65.46 million BoP, current US$ 65.46 million BoP, current US$ 65.46 million BoP, current US$ 1

Countries ranked near Benin

  1. 14 Ghana 151.60 million BoP, current US$ compare
  2. 15 Rwanda 110.17 million BoP, current US$ compare
  3. 16 Cameroon 65.85 million BoP, current US$ compare
  4. 18 Gambia 59.25 million BoP, current US$ compare
  5. 19 Sierra Leone 37.07 million BoP, current US$ compare
  6. 20 Burundi 35.90 million BoP, current US$ compare

See the full ranking of 39 places →

More trade data for Benin

All data for Benin →

Frequently asked questions

What is workers' remittances, net in Benin?
Workers' remittances, net in Benin was 65.46 million BoP, current US$ in 2010, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
What is the highest workers' remittances, net recorded in Benin?
The highest recorded value was 134.08 million BoP, current US$ in 2006.
What is the lowest workers' remittances, net recorded in Benin?
The lowest recorded value was 55.82 million BoP, current US$ in 2009.
How does Benin rank for workers' remittances, net?
Benin ranks 17th out of 39 countries with data for 2010.
Is workers' remittances, net rising or falling in Benin?
Over the last ten years it is down 38.6%. 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, published as part of Workers' remittances, net (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Workers' remittances, net (BoP, current US$)
Unit
BoP, current US$
Source
International Monetary Fund, Balance of Payments Statistics Yearbook and data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
39 places, 262 data points, 2005–2011
Last refreshed

Workers' remittances are current transfers by migrants who are employed or intend to remain employed for more than a year in another economy in which they are considered residents. Some developing countries classify workers' remittances as a factor income receipt (and thus as a component of GNI). The World Bank adheres to international guidelines in defining GNI, and its classification of workers' remittances may therefore differ from national practices. Data are in current U.S. dollars.