Workers' remittances, net in Benin
Benin: Workers' remittances, net was 65.46 million BoP, current US$ in 2010. ▼ Falling
Workers' remittances, net in Benin, 2005–2010
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.
Workers' remittances, net in Benin, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 106.64 million BoP, current US$ | — |
| 2006 | 134.08 million BoP, current US$ | +25.7% |
| 2007 | 131.77 million BoP, current US$ | -1.7% |
| 2008 | 131.77 million BoP, current US$ | -0.0% |
| 2009 | 55.82 million BoP, current US$ | -57.6% |
| 2010 | 65.46 million BoP, current US$ | +17.3% |
Benin compared with similar countries
- Benin's 65.46 million BoP, current US$ is above the median for Sub-Saharan Africa, which is 35.90 million BoP, current US$, 1.8× the median. (33 countries reporting)
- Benin's 65.46 million BoP, current US$ is above the median for lower middle income countries, which is 48.40 million BoP, current US$, 1.4× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 112.01 million BoP, current US$ | 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
- 14 Ghana 151.60 million BoP, current US$ compare
- 15 Rwanda 110.17 million BoP, current US$ compare
- 16 Cameroon 65.85 million BoP, current US$ compare
- 18 Gambia 59.25 million BoP, current US$ compare
- 19 Sierra Leone 37.07 million BoP, current US$ compare
- 20 Burundi 35.90 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 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
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.