Workers' remittances, payments in Benin

Benin: Workers' remittances, payments was 61.65 million BoP, current US$ in 2010. ▲ Rising

Latest (2010)
61.65 million BoP, current US$
Change on year
down 7.7%
World rank
11th
of 34 countries
All-time high
102.40 million BoP, current US$
in 2007
All-time low
30.48 million BoP, current US$
in 2005
Years of data
6
2005–2010

Workers' remittances, payments in Benin, 2005–2010

40.0M60.0M80.0M100.0M2005200720102005: 30.5M BoP, current US$2006: 52.1M BoP, current US$2007: 102.4M BoP, current US$2008: 67.8M BoP, current US$2009: 66.8M BoP, current US$2010: 61.7M BoP, current US$

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 8 Burkina Faso 94.40 million BoP, current US$ compare
  2. 9 Algeria 71.40 million BoP, current US$ compare
  3. 10 Morocco 70.93 million BoP, current US$ compare
  4. 12 Niger 56.03 million BoP, current US$ compare
  5. 13 Rwanda 56.00 million BoP, current US$ compare
  6. 14 Togo 53.90 million BoP, current US$ compare

See the full ranking of 35 places →

More trade data for Benin

All data for Benin →

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

Indicator
Workers' remittances, payments (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
35 places, 232 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. This item shows payments by the reporting country. Data are in current U.S. dollars.