Workers' remittances, payments in Benin
Benin: Workers' remittances, payments was 61.65 million BoP, current US$ in 2010. ▲ Rising
Workers' remittances, payments in Benin, 2005–2010
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
Benin recorded 61.65 million BoP, current US$ for workers' remittances, payments in 2010.
Compared with earlier readings it is down 7.7% on the previous year and up 102.3% over ten years.
Benin ranks 11th of 34 countries on this measure, in the middle of the range.
Workers' remittances, payments in Benin, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 30.48 million BoP, current US$ | — |
| 2006 | 52.12 million BoP, current US$ | +71.0% |
| 2007 | 102.40 million BoP, current US$ | +96.5% |
| 2008 | 67.83 million BoP, current US$ | -33.8% |
| 2009 | 66.81 million BoP, current US$ | -1.5% |
| 2010 | 61.65 million BoP, current US$ | -7.7% |
Benin compared with similar countries
- Benin's 61.65 million BoP, current US$ is above the median for Sub-Saharan Africa, which is 32.47 million BoP, current US$, 1.9× the median. (28 countries reporting)
- Benin's 61.65 million BoP, current US$ is above the median for lower middle income countries, which is 32.70 million BoP, current US$, 1.9× the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 63.93 million BoP, current US$ | 30.48 million BoP, current US$ | 102.40 million BoP, current US$ | 5 |
| 2010s | 61.65 million BoP, current US$ | 61.65 million BoP, current US$ | 61.65 million BoP, current US$ | 1 |
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 workers' remittances, payments in Benin?
- Workers' remittances, payments in Benin was 61.65 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, payments recorded in Benin?
- The highest recorded value was 102.40 million BoP, current US$ in 2007.
- What is the lowest workers' remittances, payments recorded in Benin?
- The lowest recorded value was 30.48 million BoP, current US$ in 2005.
- How does Benin rank for workers' remittances, payments?
- Benin ranks 11th out of 34 countries with data for 2010.
- Is workers' remittances, payments rising or falling in Benin?
- Over the last ten years it is up 102.3%. 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 Workers' remittances, payments (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. This item shows payments by the reporting country. Data are in current U.S. dollars.