Adjusted savings: gross savings in Benin
Benin: Adjusted savings: gross savings was 21.5% in 2020. ▲ Rising
Adjusted savings: gross savings in Benin, 1974–2020
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
In 2020, adjusted savings: gross savings in Benin stood at 21.5%.
Compared with earlier readings it is down 1.8% on the previous year and up 88.1% over ten years.
Over the whole period, adjusted savings: gross savings in Benin peaked at 21.9% in 2019 and was at its lowest, -3.3%, in 1981.
That places Benin 99th out of 178 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 47 years of available data.
Adjusted savings: gross savings in Benin, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1974 | 11.1% | — |
| 1975 | 10.2% | -8.0% |
| 1976 | 11.2% | +10.3% |
| 1977 | 13.6% | +21.4% |
| 1978 | 10.5% | -22.9% |
| 1979 | 12.6% | +20.3% |
| 1980 | 4.2% | -66.9% |
| 1981 | -3.3% | -178.0% |
| 1982 | 13.3% | -507.5% |
| 1983 | 8.3% | -37.6% |
| 1984 | 7.7% | -6.7% |
| 1985 | 2.7% | -65.2% |
| 1986 | 4.2% | +56.9% |
| 1987 | 4.4% | +5.2% |
| 1988 | 0.8% | -82.4% |
| 1989 | 4.6% | +492.0% |
| 1990 | 9.9% | +113.4% |
| 1991 | 10.9% | +10.5% |
| 1992 | 9.9% | -9.1% |
| 1993 | 9.9% | -0.7% |
| 1994 | 14.8% | +50.5% |
| 1995 | 16.2% | +9.4% |
| 1996 | 15.5% | -4.2% |
| 1997 | 16.4% | +5.5% |
| 1998 | 15.9% | -3.2% |
| 1999 | 12.5% | -21.3% |
| 2000 | 12.7% | +1.8% |
| 2001 | 13.3% | +4.7% |
| 2002 | 13.7% | +2.8% |
| 2003 | 11.4% | -16.5% |
| 2004 | 13.3% | +16.5% |
| 2005 | 12.2% | -8.3% |
| 2006 | 12.5% | +2.4% |
| 2007 | 14.1% | +12.9% |
| 2008 | 12.7% | -10.4% |
| 2009 | 11.5% | -9.2% |
| 2010 | 11.5% | -0.4% |
| 2011 | 12.1% | +6.0% |
| 2012 | 13.6% | +12.1% |
| 2013 | 16.4% | +20.3% |
| 2014 | 18.7% | +14.1% |
| 2015 | 14.0% | -25.2% |
| 2016 | 17.6% | +25.6% |
| 2017 | 17.6% | +0.2% |
| 2018 | 19.9% | +12.9% |
| 2019 | 21.9% | +10.5% |
| 2020 | 21.5% | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.5% | 10.2% | 13.6% | 6 |
| 1980s | 4.7% | -3.3% | 13.3% | 10 |
| 1990s | 13.2% | 9.9% | 16.4% | 10 |
| 2000s | 12.8% | 11.4% | 14.1% | 10 |
| 2010s | 16.3% | 11.5% | 21.9% | 10 |
| 2020s | 21.5% | 21.5% | 21.5% | 1 |
Countries ranked near Benin
More economy & growth data for Benin
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.42 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.03 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate 16.85 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.3583 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 594.1 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 12.14 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 208.48 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 345,722 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 10.7 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2429 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Benin?
- Adjusted savings: gross savings in Benin was 21.5% in 2020, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Benin?
- The highest recorded value was 21.9% in 2019.
- What is the lowest adjusted savings: gross savings recorded in Benin?
- The lowest recorded value was -3.3% in 1981.
- How does Benin rank for adjusted savings: gross savings?
- Benin ranks 99th out of 178 countries with data for 2020.
- Is adjusted savings: gross savings rising or falling in Benin?
- Over the last ten years it is up 88.1%. The long-run trend across the full record is rising.
- Where does this Benin data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.