Debt service as a share of exports of good and services in Benin
Benin: Debt service as a share of exports of good and services was 18.5% in 2023. ◆ Volatile
Debt service as a share of exports of good and services in Benin, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2023, debt service as a share of exports of good and services in Benin stood at 18.5%. That is the highest value across all 24 years on record.
The figure is up 80.5% on the previous year and up 498.1% over ten years.
Over the whole period, debt service as a share of exports of good and services in Benin peaked at 18.5% in 2023 and was at its lowest, 1.6%, in 2008.
That places Benin 9th out of 116 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service as a share of exports of good and services in Benin, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 12.9% | — |
| 2001 | 8.3% | -36.0% |
| 2002 | 8.7% | +4.8% |
| 2003 | 6.6% | -23.8% |
| 2004 | 4.9% | -25.4% |
| 2005 | 5.9% | +18.8% |
| 2006 | 4.1% | -29.5% |
| 2007 | 2.1% | -48.1% |
| 2008 | 1.6% | -26.0% |
| 2009 | 2.9% | +84.3% |
| 2010 | 2.3% | -22.2% |
| 2011 | 2.4% | +7.0% |
| 2012 | 2.9% | +18.4% |
| 2013 | 3.1% | +7.3% |
| 2014 | 2.5% | -20.6% |
| 2015 | 2.8% | +11.8% |
| 2016 | 3.0% | +8.4% |
| 2017 | 3.0% | +1.0% |
| 2018 | 5.8% | +94.0% |
| 2019 | 5.7% | -2.4% |
| 2020 | 6.3% | +11.2% |
| 2021 | 16.7% | +163.1% |
| 2022 | 10.3% | -38.4% |
| 2023 | 18.5% | +80.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.8% | 1.6% | 12.9% | 10 |
| 2010s | 3.3% | 2.3% | 5.8% | 10 |
| 2020s | 13.0% | 6.3% | 18.5% | 4 |
Countries ranked near Benin
- 6 Jamaica 21.7% compare
- 7 Senegal 19.4% compare
- 8 Guinea-Bissau 18.8% compare
- 10 El Salvador 18.4% compare
- 11 Colombia 18.1% compare
- 12 Côte d'Ivoire 17.8% compare
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)
- General government final consumption expenditure (current US$) 12.54 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.0887 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 147.11 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 8.01 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 51.62 current LCU per US$ of GDP (2025)
- General government final consumption expenditure (current LCU), per 85,605 current LCU per person (2025)
- General government final consumption expenditure (constant 2015 US$) 5.72 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.082 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is debt service as a share of exports of good and services in Benin?
- Debt service as a share of exports of good and services in Benin was 18.5% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest debt service as a share of exports of good and services recorded in Benin?
- The highest recorded value was 18.5% in 2023.
- What is the lowest debt service as a share of exports of good and services recorded in Benin?
- The lowest recorded value was 1.6% in 2008.
- How does Benin rank for debt service as a share of exports of good and services?
- Benin ranks 9th out of 116 countries with data for 2023.
- Is debt service as a share of exports of good and services rising or falling in Benin?
- Over the last ten years it is up 498.1%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Debt service as a share of exports of good and services. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Debt service as a proportion of exports of goods, services and primary income (%).