Gross savings (current US$), per unit of GDP in Benin
Benin: Gross savings (current US$), per unit of GDP was 0.3027 current US$ per US$ of GDP in 2023. ▲ Rising
Gross savings (current US$), per unit of GDP in Benin, 1974–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for gross savings (current us$), per unit of gdp in Benin is 0.3027 current US$ per US$ of GDP, measured in 2023. That is the highest value across all 50 years on record.
The figure is up 5.9% on the previous year and up 85.9% over ten years.
Over the whole period, gross savings (current us$), per unit of gdp in Benin peaked at 0.3027 current US$ per US$ of GDP in 2023 and was at its lowest, -0.0325 current US$ per US$ of GDP, in 1981.
Benin ranks 38th of 178 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 50 years of available data.
Gross savings (current US$), per unit of GDP in Benin, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1974 | 0.111 current US$ per US$ of GDP | — |
| 1975 | 0.1015 current US$ per US$ of GDP | -8.6% |
| 1976 | 0.1122 current US$ per US$ of GDP | +10.5% |
| 1977 | 0.1362 current US$ per US$ of GDP | +21.4% |
| 1978 | 0.105 current US$ per US$ of GDP | -22.8% |
| 1979 | 0.1264 current US$ per US$ of GDP | +20.3% |
| 1980 | 0.0417 current US$ per US$ of GDP | -67.0% |
| 1981 | -0.0325 current US$ per US$ of GDP | -177.9% |
| 1982 | 0.1322 current US$ per US$ of GDP | -506.6% |
| 1983 | 0.0819 current US$ per US$ of GDP | -38.0% |
| 1984 | 0.0752 current US$ per US$ of GDP | -8.2% |
| 1985 | 0.0263 current US$ per US$ of GDP | -65.0% |
| 1986 | 0.0414 current US$ per US$ of GDP | +57.1% |
| 1987 | 0.0436 current US$ per US$ of GDP | +5.3% |
| 1988 | 0.0077 current US$ per US$ of GDP | -82.3% |
| 1989 | 0.0451 current US$ per US$ of GDP | +485.9% |
| 1990 | 0.0969 current US$ per US$ of GDP | +114.6% |
| 1991 | 0.1076 current US$ per US$ of GDP | +11.0% |
| 1992 | 0.0958 current US$ per US$ of GDP | -11.0% |
| 1993 | 0.0969 current US$ per US$ of GDP | +1.2% |
| 1994 | 0.1451 current US$ per US$ of GDP | +49.8% |
| 1995 | 0.159 current US$ per US$ of GDP | +9.6% |
| 1996 | 0.1524 current US$ per US$ of GDP | -4.1% |
| 1997 | 0.1619 current US$ per US$ of GDP | +6.2% |
| 1998 | 0.158 current US$ per US$ of GDP | -2.4% |
| 1999 | 0.1246 current US$ per US$ of GDP | -21.2% |
| 2000 | 0.1268 current US$ per US$ of GDP | +1.8% |
| 2001 | 0.1328 current US$ per US$ of GDP | +4.7% |
| 2002 | 0.1361 current US$ per US$ of GDP | +2.5% |
| 2003 | 0.1137 current US$ per US$ of GDP | -16.5% |
| 2004 | 0.1326 current US$ per US$ of GDP | +16.6% |
| 2005 | 0.1219 current US$ per US$ of GDP | -8.0% |
| 2006 | 0.1246 current US$ per US$ of GDP | +2.2% |
| 2007 | 0.1405 current US$ per US$ of GDP | +12.7% |
| 2008 | 0.1264 current US$ per US$ of GDP | -10.0% |
| 2009 | 0.1145 current US$ per US$ of GDP | -9.4% |
| 2010 | 0.1139 current US$ per US$ of GDP | -0.6% |
| 2011 | 0.1213 current US$ per US$ of GDP | +6.5% |
| 2012 | 0.1353 current US$ per US$ of GDP | +11.6% |
| 2013 | 0.1628 current US$ per US$ of GDP | +20.3% |
| 2014 | 0.186 current US$ per US$ of GDP | +14.3% |
| 2015 | 0.141 current US$ per US$ of GDP | -24.2% |
| 2016 | 0.1795 current US$ per US$ of GDP | +27.3% |
| 2017 | 0.1825 current US$ per US$ of GDP | +1.7% |
| 2018 | 0.2035 current US$ per US$ of GDP | +11.5% |
| 2019 | 0.2222 current US$ per US$ of GDP | +9.2% |
| 2020 | 0.2158 current US$ per US$ of GDP | -2.9% |
| 2021 | 0.2284 current US$ per US$ of GDP | +5.9% |
| 2022 | 0.2859 current US$ per US$ of GDP | +25.2% |
| 2023 | 0.3027 current US$ per US$ of GDP | +5.9% |
Benin compared with similar countries
- Benin's 0.3027 current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.1588 current US$ per US$ of GDP, 1.9× the median. (45 countries reporting)
- Benin's 0.3027 current US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.1747 current US$ per US$ of GDP, 1.7× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current US$), per unit of GDP in Benin changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1982 | +506.6% | -0.0325 current US$ per US$ of GDP | 0.1322 current US$ per US$ of GDP |
| 1989 | +485.9% | 0.0077 current US$ per US$ of GDP | 0.0451 current US$ per US$ of GDP |
| 1981 | -177.9% | 0.0417 current US$ per US$ of GDP | -0.0325 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1154 current US$ per US$ of GDP | 0.1015 current US$ per US$ of GDP | 0.1362 current US$ per US$ of GDP | 6 |
| 1980s | 0.0463 current US$ per US$ of GDP | -0.0325 current US$ per US$ of GDP | 0.1322 current US$ per US$ of GDP | 10 |
| 1990s | 0.1298 current US$ per US$ of GDP | 0.0958 current US$ per US$ of GDP | 0.1619 current US$ per US$ of GDP | 10 |
| 2000s | 0.127 current US$ per US$ of GDP | 0.1137 current US$ per US$ of GDP | 0.1405 current US$ per US$ of GDP | 10 |
| 2010s | 0.1648 current US$ per US$ of GDP | 0.1139 current US$ per US$ of GDP | 0.2222 current US$ per US$ of GDP | 10 |
| 2020s | 0.2582 current US$ per US$ of GDP | 0.2158 current US$ per US$ of GDP | 0.3027 current US$ per US$ of GDP | 4 |
Countries ranked near Benin
- 35 Congo 0.3166 current US$ per US$ of GDP compare
- 36 Sweden 0.3062 current US$ per US$ of GDP compare
- 37 Papua New Guinea 0.3042 current US$ per US$ of GDP compare
- 39 Philippines 0.3011 current US$ per US$ of GDP compare
- 40 Samoa 0.3003 current US$ per US$ of GDP compare
- 41 Turkey 0.2991 current US$ 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$) 12.54 % change on previous year (2025)
Frequently asked questions
- What is gross savings (current us$), per unit of gdp in Benin?
- Gross savings (current us$), per unit of gdp in Benin was 0.3027 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross savings (current us$), per unit of gdp recorded in Benin?
- The highest recorded value was 0.3027 current US$ per US$ of GDP in 2023.
- What is the lowest gross savings (current us$), per unit of gdp recorded in Benin?
- The lowest recorded value was -0.0325 current US$ per US$ of GDP in 1981.
- How does Benin rank for gross savings (current us$), per unit of gdp?
- Benin ranks 38th out of 178 countries with data for 2023.
- Is gross savings (current us$), per unit of gdp rising or falling in Benin?
- Over the last ten years it is up 85.9%. The long-run trend across the full record is rising.
- Where does this Benin data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current US$) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.