Financial and insurance activities (banking), value added in Benin
Benin: Financial and insurance activities (banking), value added was 126.75 million current US$ in 2010. ◆ Volatile
Financial and insurance activities (banking), value added in Benin, 1990–2010
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current US$.
Analysis
In 2010, financial and insurance activities (banking), value added in Benin stood at 126.75 million current US$.
The figure is down 1.2% on the previous year and up 207.7% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Benin peaked at 128.28 million current US$ in 2009 and was at its lowest, 29.33 million current US$, in 1994.
That places Benin 18th out of 37 countries with data for 2010, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 40.38 million current US$ | 29.33 million current US$ | 49.86 million current US$ | 10 |
| 2000s | 80.32 million current US$ | 41.19 million current US$ | 128.28 million current US$ | 10 |
| 2010s | 126.75 million current US$ | 126.75 million current US$ | 126.75 million current US$ | 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)
- Taxes less subsidies on products (current US$), annual growth rate 14.47 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0951 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 157.78 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 9.86 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 55.37 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 91,816 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0013 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 764.54 (2025)
Frequently asked questions
- What is financial and insurance activities (banking), value added in Benin?
- Financial and insurance activities (banking), value added in Benin was 126.75 million current US$ in 2010, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest financial and insurance activities (banking), value added recorded in Benin?
- The highest recorded value was 128.28 million current US$ in 2009.
- What is the lowest financial and insurance activities (banking), value added recorded in Benin?
- The lowest recorded value was 29.33 million current US$ in 1994.
- How does Benin rank for financial and insurance activities (banking), value added?
- Benin ranks 18th out of 37 countries with data for 2010.
- Is financial and insurance activities (banking), value added rising or falling in Benin?
- Over the last ten years it is up 207.7%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Financial and insurance activities (banking), value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Value added in banking is defined as the value of output of the banking industry less the value of intermediate consumption (intermediate inputs). Banking is a subset of services, comprising financial intermediation (ISIC 65-67). Data are in current U.S. dollars.