Imports of goods and services (BoP, current US$) in Benin
Benin: Imports of goods and services (BoP, current US$) was 6.19 billion BoP, current US$ in 2023. ◆ Volatile
Latest (2023)
6.19 billion BoP, current US$
Change on year
up 16.9%
World rank
140th
of 200 countries
All-time high
6.19 billion BoP, current US$
in 2023
All-time low
188.90 million BoP, current US$
in 1974
Years of data
50
1974–2023
Imports of goods and services in Benin, 1974–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Benin recorded 6.19 billion BoP, current US$ for imports of goods and services in 2023. That is the highest value across all 50 years on record.
That represents a change of up 16.9% on the previous year and up 84.4% over ten years.
Over the whole period, imports of goods and services in Benin peaked at 6.19 billion BoP, current US$ in 2023 and was at its lowest, 188.90 million BoP, current US$, in 1974.
That places Benin 140th out of 200 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services (BoP, current US$) in Benin, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 188.90 million BoP, current US$ | — |
| 1975 | 263.52 million BoP, current US$ | +39.5% |
| 1976 | 269.55 million BoP, current US$ | +2.3% |
| 1977 | 326.78 million BoP, current US$ | +21.2% |
| 1978 | 370.26 million BoP, current US$ | +13.3% |
| 1979 | 383.87 million BoP, current US$ | +3.7% |
| 1980 | 420.83 million BoP, current US$ | +9.6% |
| 1981 | 669.47 million BoP, current US$ | +59.1% |
| 1982 | 648.13 million BoP, current US$ | -3.2% |
| 1983 | 378.79 million BoP, current US$ | -41.6% |
| 1984 | 384.72 million BoP, current US$ | +1.6% |
| 1985 | 437.61 million BoP, current US$ | +13.7% |
| 1986 | 521.50 million BoP, current US$ | +19.2% |
| 1987 | 602.59 million BoP, current US$ | +15.5% |
| 1988 | 457.91 million BoP, current US$ | -24.0% |
| 1989 | 369.62 million BoP, current US$ | -19.3% |
| 1990 | 453.95 million BoP, current US$ | +22.8% |
| 1991 | 862.95 million BoP, current US$ | +90.1% |
| 1992 | 746.70 million BoP, current US$ | -13.5% |
| 1993 | 736.45 million BoP, current US$ | -1.4% |
| 1994 | 632.91 million BoP, current US$ | -14.1% |
| 1995 | 894.70 million BoP, current US$ | +41.4% |
| 1996 | 743.68 million BoP, current US$ | -16.9% |
| 1997 | 749.22 million BoP, current US$ | +0.7% |
| 1998 | 764.01 million BoP, current US$ | +2.0% |
| 1999 | 850.80 million BoP, current US$ | +11.4% |
| 2000 | 709.50 million BoP, current US$ | -16.6% |
| 2001 | 745.57 million BoP, current US$ | +5.1% |
| 2002 | 891.89 million BoP, current US$ | +19.6% |
| 2003 | 1.08 billion BoP, current US$ | +20.5% |
| 2004 | 1.13 billion BoP, current US$ | +5.2% |
| 2005 | 1.15 billion BoP, current US$ | +1.2% |
| 2006 | 1.40 billion BoP, current US$ | +22.2% |
| 2007 | 2.11 billion BoP, current US$ | +50.5% |
| 2008 | 2.41 billion BoP, current US$ | +14.5% |
| 2009 | 2.24 billion BoP, current US$ | -6.9% |
| 2010 | 2.29 billion BoP, current US$ | +2.2% |
| 2011 | 2.31 billion BoP, current US$ | +0.7% |
| 2012 | 2.59 billion BoP, current US$ | +12.1% |
| 2013 | 3.36 billion BoP, current US$ | +29.7% |
| 2014 | 4.16 billion BoP, current US$ | +24.1% |
| 2015 | 3.49 billion BoP, current US$ | -16.1% |
| 2016 | 3.72 billion BoP, current US$ | +6.4% |
| 2017 | 4.02 billion BoP, current US$ | +8.1% |
| 2018 | 4.67 billion BoP, current US$ | +16.2% |
| 2019 | 4.31 billion BoP, current US$ | -7.8% |
| 2020 | 3.94 billion BoP, current US$ | -8.5% |
| 2021 | 4.93 billion BoP, current US$ | +24.9% |
| 2022 | 5.30 billion BoP, current US$ | +7.5% |
| 2023 | 6.19 billion BoP, current US$ | +16.9% |
Benin compared with similar countries
- Benin's 6.19 billion BoP, current US$ is below the median for lower middle income countries, which is 11.62 billion BoP, current US$, 53% of the median. (47 countries reporting)
- Benin's 6.19 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 6.19 billion BoP, current US$, 1.0× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 300.48 million BoP, current US$ | 188.90 million BoP, current US$ | 383.87 million BoP, current US$ | 6 |
| 1980s | 489.12 million BoP, current US$ | 369.62 million BoP, current US$ | 669.47 million BoP, current US$ | 10 |
| 1990s | 743.54 million BoP, current US$ | 453.95 million BoP, current US$ | 894.70 million BoP, current US$ | 10 |
| 2000s | 1.39 billion BoP, current US$ | 709.50 million BoP, current US$ | 2.41 billion BoP, current US$ | 10 |
| 2010s | 3.49 billion BoP, current US$ | 2.29 billion BoP, current US$ | 4.67 billion BoP, current US$ | 10 |
| 2020s | 5.09 billion BoP, current US$ | 3.94 billion BoP, current US$ | 6.19 billion BoP, current US$ | 4 |
Countries ranked near Benin
- 137 Bahamas 7.07 billion BoP, current US$ compare
- 138 Afghanistan 6.98 billion BoP, current US$ compare
- 139 Rwanda 6.54 billion BoP, current US$ compare
- 141 Montenegro 6.15 billion BoP, current US$ compare
- 142 Madagascar 5.97 billion BoP, current US$ compare
- 143 Suriname 5.50 billion BoP, current US$ 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)
- SDRs holdings, US dollar, annual growth rate -3.83 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0103 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 17.01 units per person (2025)
- SDRs holdings, SDR, annual growth rate -8.42 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0075 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 12.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -0.7436 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0229 units per US$ of GDP (2025)
Frequently asked questions
- What is imports of goods and services in Benin?
- Imports of goods and services in Benin was 6.19 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods and services recorded in Benin?
- The highest recorded value was 6.19 billion BoP, current US$ in 2023.
- What is the lowest imports of goods and services recorded in Benin?
- The lowest recorded value was 188.90 million BoP, current US$ in 1974.
- How does Benin rank for imports of goods and services?
- Benin ranks 140th out of 200 countries with data for 2023.
- Is imports of goods and services rising or falling in Benin?
- Over the last ten years it is up 84.4%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Imports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.