Gross savings (current LCU), per unit of GDP in Benin
Benin: Gross savings (current LCU), per unit of GDP was 183.66 current LCU per US$ of GDP in 2023. ◆ Volatile
Gross savings (current LCU), per unit of GDP in Benin, 1974–2023
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Benin recorded 183.66 current LCU per US$ of GDP for gross savings (current lcu), per unit of gdp in 2023. That is the highest value across all 50 years on record.
That represents a change of up 3.1% on the previous year and up 128.4% over ten years.
Over the whole period, gross savings (current lcu), per unit of gdp in Benin peaked at 183.66 current LCU per US$ of GDP in 2023 and was at its lowest, -8.84 current LCU per US$ of GDP, in 1981.
Benin ranks 21st of 178 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current LCU), per unit of GDP in Benin, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1974 | 26.72 current LCU per US$ of GDP | — |
| 1975 | 21.75 current LCU per US$ of GDP | -18.6% |
| 1976 | 26.8 current LCU per US$ of GDP | +23.2% |
| 1977 | 33.45 current LCU per US$ of GDP | +24.8% |
| 1978 | 23.7 current LCU per US$ of GDP | -29.1% |
| 1979 | 26.89 current LCU per US$ of GDP | +13.4% |
| 1980 | 8.82 current LCU per US$ of GDP | -67.2% |
| 1981 | -8.84 current LCU per US$ of GDP | -200.2% |
| 1982 | 43.45 current LCU per US$ of GDP | -591.7% |
| 1983 | 31.22 current LCU per US$ of GDP | -28.1% |
| 1984 | 32.84 current LCU per US$ of GDP | +5.2% |
| 1985 | 11.83 current LCU per US$ of GDP | -64.0% |
| 1986 | 14.33 current LCU per US$ of GDP | +21.1% |
| 1987 | 13.1 current LCU per US$ of GDP | -8.6% |
| 1988 | 2.29 current LCU per US$ of GDP | -82.5% |
| 1989 | 14.4 current LCU per US$ of GDP | +527.6% |
| 1990 | 26.38 current LCU per US$ of GDP | +83.2% |
| 1991 | 30.34 current LCU per US$ of GDP | +15.0% |
| 1992 | 33.57 current LCU per US$ of GDP | +10.6% |
| 1993 | 27.43 current LCU per US$ of GDP | -18.3% |
| 1994 | 80.54 current LCU per US$ of GDP | +193.7% |
| 1995 | 79.35 current LCU per US$ of GDP | -1.5% |
| 1996 | 77.98 current LCU per US$ of GDP | -1.7% |
| 1997 | 94.48 current LCU per US$ of GDP | +21.2% |
| 1998 | 93.2 current LCU per US$ of GDP | -1.4% |
| 1999 | 76.67 current LCU per US$ of GDP | -17.7% |
| 2000 | 90.08 current LCU per US$ of GDP | +17.5% |
| 2001 | 97.25 current LCU per US$ of GDP | +8.0% |
| 2002 | 94.44 current LCU per US$ of GDP | -2.9% |
| 2003 | 65.91 current LCU per US$ of GDP | -30.2% |
| 2004 | 69.91 current LCU per US$ of GDP | +6.1% |
| 2005 | 64.28 current LCU per US$ of GDP | -8.1% |
| 2006 | 65.12 current LCU per US$ of GDP | +1.3% |
| 2007 | 67.22 current LCU per US$ of GDP | +3.2% |
| 2008 | 56.38 current LCU per US$ of GDP | -16.1% |
| 2009 | 53.87 current LCU per US$ of GDP | -4.5% |
| 2010 | 56.34 current LCU per US$ of GDP | +4.6% |
| 2011 | 57.14 current LCU per US$ of GDP | +1.4% |
| 2012 | 69.09 current LCU per US$ of GDP | +20.9% |
| 2013 | 80.42 current LCU per US$ of GDP | +16.4% |
| 2014 | 91.86 current LCU per US$ of GDP | +14.2% |
| 2015 | 83.35 current LCU per US$ of GDP | -9.3% |
| 2016 | 106.38 current LCU per US$ of GDP | +27.6% |
| 2017 | 105.99 current LCU per US$ of GDP | -0.4% |
| 2018 | 113.02 current LCU per US$ of GDP | +6.6% |
| 2019 | 130.22 current LCU per US$ of GDP | +15.2% |
| 2020 | 123.92 current LCU per US$ of GDP | -4.8% |
| 2021 | 126.69 current LCU per US$ of GDP | +2.2% |
| 2022 | 178.09 current LCU per US$ of GDP | +40.6% |
| 2023 | 183.66 current LCU per US$ of GDP | +3.1% |
Benin compared with similar countries
- Benin's 183.66 current LCU per US$ of GDP is above the median for lower middle income countries, which is 10.43 current LCU per US$ of GDP, 17.6× the median. (45 countries reporting)
- Benin's 183.66 current LCU per US$ of GDP is above the median for Sub-Saharan Africa, which is 54.82 current LCU per US$ of GDP, 3.4× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current LCU), per unit of GDP in Benin changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1982 | +591.7% | -8.84 current LCU per US$ of GDP | 43.45 current LCU per US$ of GDP |
| 1989 | +527.6% | 2.29 current LCU per US$ of GDP | 14.4 current LCU per US$ of GDP |
| 1981 | -200.2% | 8.82 current LCU per US$ of GDP | -8.84 current LCU per US$ of GDP |
| 1994 | +193.7% | 27.43 current LCU per US$ of GDP | 80.54 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.55 current LCU per US$ of GDP | 21.75 current LCU per US$ of GDP | 33.45 current LCU per US$ of GDP | 6 |
| 1980s | 16.34 current LCU per US$ of GDP | -8.84 current LCU per US$ of GDP | 43.45 current LCU per US$ of GDP | 10 |
| 1990s | 61.99 current LCU per US$ of GDP | 26.38 current LCU per US$ of GDP | 94.48 current LCU per US$ of GDP | 10 |
| 2000s | 72.45 current LCU per US$ of GDP | 53.87 current LCU per US$ of GDP | 97.25 current LCU per US$ of GDP | 10 |
| 2010s | 89.38 current LCU per US$ of GDP | 56.34 current LCU per US$ of GDP | 130.22 current LCU per US$ of GDP | 10 |
| 2020s | 153.09 current LCU per US$ of GDP | 123.92 current LCU per US$ of GDP | 183.66 current LCU per US$ of GDP | 4 |
Countries ranked near Benin
- 18 Rwanda 300.24 current LCU per US$ of GDP compare
- 19 Gabon 226.9 current LCU per US$ of GDP compare
- 20 Chile 217.04 current LCU per US$ of GDP compare
- 22 Congo 175.54 current LCU per US$ of GDP compare
- 23 Argentina 165.98 current LCU per US$ of GDP compare
- 24 Angola 160.19 current LCU per US$ of GDP 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 60.28 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0028 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.17 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 543.01 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 22.59 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0253 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 37.55 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 12.54 % change on previous year (2025)
Frequently asked questions
- What is gross savings (current lcu), per unit of gdp in Benin?
- Gross savings (current lcu), per unit of gdp in Benin was 183.66 current LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross savings (current lcu), per unit of gdp recorded in Benin?
- The highest recorded value was 183.66 current LCU per US$ of GDP in 2023.
- What is the lowest gross savings (current lcu), per unit of gdp recorded in Benin?
- The lowest recorded value was -8.84 current LCU per US$ of GDP in 1981.
- How does Benin rank for gross savings (current lcu), per unit of gdp?
- Benin ranks 21st out of 178 countries with data for 2023.
- Is gross savings (current lcu), per unit of gdp rising or falling in Benin?
- Over the last ten years it is up 128.4%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.