Adjusted savings: net national savings in Benin
Benin: Adjusted savings: net national savings was 10.9% in 2020. ◆ Volatile
Adjusted savings: net national savings in Benin, 1974–2020
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Benin recorded 10.9% for adjusted savings: net national savings in 2020.
Compared with earlier readings it is down 6.1% on the previous year and up 597.3% over ten years.
Over the whole period, adjusted savings: net national savings in Benin peaked at 11.6% in 2019 and was at its lowest, -8.2%, in 1981.
Benin ranks 76th of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Benin, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1974 | 6.8% | — |
| 1975 | 5.6% | -17.1% |
| 1976 | 5.3% | -5.0% |
| 1977 | 8.4% | +57.4% |
| 1978 | 4.6% | -45.2% |
| 1979 | 6.9% | +49.0% |
| 1980 | -1.6% | -122.8% |
| 1981 | -8.2% | +424.5% |
| 1982 | 6.4% | -178.5% |
| 1983 | 0.7% | -88.8% |
| 1984 | 0.4% | -38.6% |
| 1985 | -3.7% | -944.4% |
| 1986 | -2.8% | -25.3% |
| 1987 | -3.2% | +12.7% |
| 1988 | -6.9% | +119.0% |
| 1989 | -4.3% | -37.5% |
| 1990 | 0.6% | -113.5% |
| 1991 | 1.1% | +82.2% |
| 1992 | -1.3% | -223.6% |
| 1993 | -2.6% | +99.3% |
| 1994 | -0.6% | -76.0% |
| 1995 | -0.1% | -91.7% |
| 1996 | -2.0% | +3850.8% |
| 1997 | -0.7% | -66.9% |
| 1998 | -1.1% | +63.4% |
| 1999 | -3.9% | +252.8% |
| 2000 | -2.7% | -30.0% |
| 2001 | -1.6% | -41.6% |
| 2002 | -0.4% | -72.6% |
| 2003 | -2.4% | +438.3% |
| 2004 | -0.1% | -93.9% |
| 2005 | -0.8% | +480.8% |
| 2006 | -0.4% | -47.8% |
| 2007 | 1.5% | -444.9% |
| 2008 | -0.3% | -117.7% |
| 2009 | -2.0% | +646.9% |
| 2010 | -2.2% | +9.7% |
| 2011 | -0.9% | -56.6% |
| 2012 | 1.7% | -282.2% |
| 2013 | 5.7% | +232.6% |
| 2014 | 8.4% | +46.4% |
| 2015 | 4.4% | -47.6% |
| 2016 | 8.1% | +83.2% |
| 2017 | 7.5% | -6.6% |
| 2018 | 9.7% | +29.2% |
| 2019 | 11.6% | +18.6% |
| 2020 | 10.9% | -6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.3% | 4.6% | 8.4% | 6 |
| 1980s | -2.3% | -8.2% | 6.4% | 10 |
| 1990s | -1.1% | -3.9% | 1.1% | 10 |
| 2000s | -0.9% | -2.7% | 1.5% | 10 |
| 2010s | 5.4% | -2.2% | 11.6% | 10 |
| 2020s | 10.9% | 10.9% | 10.9% | 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)
- Exports of goods and services (current LCU), annual growth rate -0.6642 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 99.23 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 164,555 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate -0.6225 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.166 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 275.24 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 16.88 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.3543 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: net national savings in Benin?
- Adjusted savings: net national savings in Benin was 10.9% in 2020, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Benin?
- The highest recorded value was 11.6% in 2019.
- What is the lowest adjusted savings: net national savings recorded in Benin?
- The lowest recorded value was -8.2% in 1981.
- How does Benin rank for adjusted savings: net national savings?
- Benin ranks 76th out of 177 countries with data for 2020.
- Is adjusted savings: net national savings rising or falling in Benin?
- Over the last ten years it is up 597.3%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.