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Current account balance (World Bank) — all countries

Current account balance (World Bank) — Benin

Current account balance (World Bank) in Benin in 2023 — -8.18%. Ranked 152 in the world out of 179. Since 1974, the indicator has fallen by 2.9 pp.

2023 -8.18% −2.49 pp vs 2022
World rank 152of 179
Period maximum 0.66%1994
Period minimum -29.75%1982

Trend over time

1974–2023 · % of GDP

Current account balance (World Bank) — Benin, 1974–2023-30-20-10010197419791984198919941999200420092014201920231974: -5.28%1975: -7.89%1976: -9.28%1977: -7.55%1978: -9.73%1979: -4.37%1980: -2.54%1981: -7.23%1982: -29.75%1983: -12.31%1984: -5.43%1985: -3.72%1986: -3.96%1987: -2.19%1988: -6.51%1989: -0.89%1990: -0.93%1991: -10.89%1992: -4.29%1993: -2.58%1994: 0.66%1995: -7.7%1996: -1.73%1997: -6.79%1998: -5.4%1999: -4.23%2000: -2.29%2001: -2.05%2002: -3.74%2003: -6.21%2004: -4.67%2005: -3.44%2006: -3.09%2007: -6.55%2008: -5.5%2009: -6.69%2010: -5.57%2011: -4.83%2012: -5.18%2013: -5.38%2014: -6.67%2015: -5.96%2016: -3%2017: -4.18%2018: -4.55%2019: -4%2020: -1.75%2021: -4.15%2022: -5.69%2023: -8.18%
Change over the period: −2.9 pp Annual average: -0.06 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Benin

Benin -8.18%
World computed 0.16%
Sub-Saharan Africa computed -2.19%
Western Africa computed -1.71%
Lower-middle-income countries computed -1.09%
Current account balance (World Bank) — Benin, by year Benin All countries CSV XLSX
Year % Change, pp
2023 -8.18 −2.49 pp
2022 -5.69 −1.53 pp
2021 -4.15 −2.41 pp
2020 -1.75 +2.25 pp
2019 -4 +0.55 pp
2018 -4.55 −0.37 pp
2017 -4.18 −1.18 pp
2016 -3 +2.97 pp
2015 -5.96 +0.7 pp
2014 -6.67 −1.29 pp
2013 -5.38 −0.2 pp
2012 -5.18 −0.35 pp
2011 -4.83 +0.73 pp
2010 -5.57 +1.12 pp
2009 -6.69 −1.19 pp
2008 -5.5 +1.05 pp
2007 -6.55 −3.46 pp
2006 -3.09 +0.36 pp
2005 -3.44 +1.23 pp
2004 -4.67 +1.54 pp
2003 -6.21 −2.46 pp
2002 -3.74 −1.7 pp
2001 -2.05 +0.25 pp
2000 -2.29 +1.94 pp
1999 -4.23 +1.17 pp
1998 -5.4 +1.39 pp
1997 -6.79 −5.05 pp
1996 -1.73 +5.96 pp
1995 -7.7 −8.36 pp
1994 0.66 +3.24 pp
1993 -2.58 +1.71 pp
1992 -4.29 +6.6 pp
1991 -10.89 −9.97 pp
1990 -0.93 −0.03 pp
1989 -0.89 +5.62 pp
1988 -6.51 −4.32 pp
1987 -2.19 +1.76 pp
1986 -3.96 −0.23 pp
1985 -3.72 +1.7 pp
1984 -5.43 +6.88 pp
1983 -12.31 +17.44 pp
1982 -29.75 −22.52 pp
1981 -7.23 −4.69 pp
1980 -2.54 +1.83 pp
1979 -4.37 +5.35 pp
1978 -9.73 −2.17 pp
1977 -7.55 +1.73 pp
1976 -9.28 −1.39 pp
1975 -7.89 −2.61 pp
1974 -5.28 —

Western Africa, 2023

The same indicator for neighboring countries — with links to their pages

GN Guinea 8.48 NG Nigeria 1.32 GH Ghana -0.91 CV Cabo Verde -2.77 GM Gambia -5.04 BF Burkina Faso -5.06 ML Mali -6.5 GW Guinea-Bissau -7.71 SL Sierra Leone -7.86 CI Côte d'Ivoire -8.05 BJ Benin -8.18 MR Mauritania -9.04 LR Liberia -11.51 NE Niger -13.76 SN Senegal -19.78
Full table for all countries

About the indicator

The current account balance of the balance of payments as a percent of GDP from World Bank data. It duplicates the IMF indicator in meaning but rests on a different source and carries no forecast part — useful for cross-checking: noticeable divergences between the two series usually point to a revision of the statistics.

Source: World Development Indicators (World Bank), license CC BY 4.0.

Other indicators for Benin

Economy Gross national savings

What part of its income a country saves rather than consumes.

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The balance of a country's external transactions as a percent of GDP: surplus or deficit.

Benin by year Trade Trade openness

Exports plus imports as a percent of GDP — total foreign trade turnover.

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