Net errors and omissions (BoP, current US$), annual growth rate in Benin
Benin: Net errors and omissions (BoP, current US$), annual growth rate was -11.29 % change on previous year in 2023. ◆ Volatile
Net errors and omissions (BoP, current US$), annual growth rate in Benin, 1975–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Benin recorded -11.29 % change on previous year for net errors and omissions (bop, current us$), annual growth rate in 2023.
The figure is up 29.5% on the previous year and down 4.6% over ten years.
Over the whole period, net errors and omissions (bop, current us$), annual growth rate in Benin peaked at 422.07 % change on previous year in 1982 and was at its lowest, -213.63 % change on previous year, in 1980.
Benin ranks 105th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions (BoP, current US$), annual growth rate in Benin, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1975 | 112.72 % change on previous year | — |
| 1976 | 10.17 % change on previous year | -91.0% |
| 1977 | -18.8 % change on previous year | -284.8% |
| 1978 | -34.18 % change on previous year | +81.8% |
| 1979 | -9.9 % change on previous year | -71.0% |
| 1980 | -213.63 % change on previous year | +2057.0% |
| 1981 | 72.59 % change on previous year | -134.0% |
| 1982 | 422.07 % change on previous year | +481.4% |
| 1983 | -19.96 % change on previous year | -104.7% |
| 1984 | 263.22 % change on previous year | -1418.4% |
| 1985 | -53.09 % change on previous year | -120.2% |
| 1986 | -95.91 % change on previous year | +80.7% |
| 1988 | 97.01 % change on previous year | -201.1% |
| 1990 | -1.21 % change on previous year | -101.3% |
| 1991 | -81.41 % change on previous year | +6611.9% |
| 1992 | 265.65 % change on previous year | -426.3% |
| 1993 | -157.98 % change on previous year | -159.5% |
| 1994 | 65.21 % change on previous year | -141.3% |
| 1995 | 86.19 % change on previous year | +32.2% |
| 1997 | 4.34 % change on previous year | -95.0% |
| 1998 | 5.94 % change on previous year | +36.8% |
| 1999 | 8.78 % change on previous year | +47.8% |
| 2000 | -15.16 % change on previous year | -272.8% |
| 2001 | -43.3 % change on previous year | +185.6% |
| 2002 | -28.69 % change on previous year | -33.7% |
| 2004 | -105.65 % change on previous year | +268.2% |
| 2005 | 404.5 % change on previous year | -482.9% |
| 2006 | 50.94 % change on previous year | -87.4% |
| 2007 | 120.48 % change on previous year | +136.5% |
| 2008 | -60.12 % change on previous year | -149.9% |
| 2009 | -70.77 % change on previous year | +17.7% |
| 2010 | 214.68 % change on previous year | -403.3% |
| 2011 | -51.15 % change on previous year | -123.8% |
| 2012 | -1.86 % change on previous year | -96.4% |
| 2013 | -10.79 % change on previous year | +481.1% |
| 2014 | -12.73 % change on previous year | +18.0% |
| 2015 | -73.18 % change on previous year | +474.7% |
| 2016 | 3.73 % change on previous year | -105.1% |
| 2017 | 72.31 % change on previous year | +1838.0% |
| 2018 | -12.74 % change on previous year | -117.6% |
| 2019 | 11.82 % change on previous year | -192.8% |
| 2020 | -47.6 % change on previous year | -502.8% |
| 2021 | 46.27 % change on previous year | -197.2% |
| 2022 | -16.02 % change on previous year | -134.6% |
| 2023 | -11.29 % change on previous year | -29.5% |
Benin compared with similar countries
- Benin's -11.29 % change on previous year is below the median for lower middle income countries, which is 9.65 % change on previous year. (47 countries reporting)
- Benin's -11.29 % change on previous year is above the median for Sub-Saharan Africa, which is -24.88 % change on previous year, 45% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions (BoP, current US$), annual growth rate 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 |
|---|---|---|---|
| 1991 | -6611.9% | -1.21 % change on previous year | -81.41 % change on previous year |
| 1980 | -2057.0% | -9.9 % change on previous year | -213.63 % change on previous year |
| 2017 | +1838.0% | 3.73 % change on previous year | 72.31 % change on previous year |
| 1984 | +1418.4% | -19.96 % change on previous year | 263.22 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12 % change on previous year | -34.18 % change on previous year | 112.72 % change on previous year | 5 |
| 1980s | 59.04 % change on previous year | -213.63 % change on previous year | 422.07 % change on previous year | 8 |
| 1990s | 21.72 % change on previous year | -157.98 % change on previous year | 265.65 % change on previous year | 9 |
| 2000s | 28.02 % change on previous year | -105.65 % change on previous year | 404.5 % change on previous year | 9 |
| 2010s | 14.01 % change on previous year | -73.18 % change on previous year | 214.68 % change on previous year | 10 |
| 2020s | -7.16 % change on previous year | -47.6 % change on previous year | 46.27 % change on previous year | 4 |
Countries ranked near Benin
- 102 Grenada -10.36 % change on previous year compare
- 103 South Africa -10.58 % change on previous year compare
- 104 Algeria -11.27 % change on previous year compare
- 106 Turkey -11.85 % change on previous year compare
- 107 Belarus -11.87 % change on previous year compare
- 108 Burkina Faso -12.37 % change on previous year 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$) 12.54 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions (bop, current us$), annual growth rate in Benin?
- Net errors and omissions (bop, current us$), annual growth rate in Benin was -11.29 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest net errors and omissions (bop, current us$), annual growth rate recorded in Benin?
- The highest recorded value was 422.07 % change on previous year in 1982.
- What is the lowest net errors and omissions (bop, current us$), annual growth rate recorded in Benin?
- The lowest recorded value was -213.63 % change on previous year in 1980.
- How does Benin rank for net errors and omissions (bop, current us$), annual growth rate?
- Benin ranks 105th out of 197 countries with data for 2023.
- Is net errors and omissions (bop, current us$), annual growth rate rising or falling in Benin?
- Over the last ten years it is down 4.6%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from Statizoid (derived), published as part of Net errors and omissions (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net errors and omissions (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net errors and omissions Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net errors and omissions (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.