Net primary income in Benin
Benin: Net primary income was -189.28 million BoP, current US$ in 2023. ◆ Volatile
Net primary income in Benin, 1974–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, net primary income in Benin stood at -189.28 million BoP, current US$.
Compared with earlier readings it is down 50.9% on the previous year and down 174.3% over ten years.
Over the whole period, net primary income in Benin peaked at 8.12 million BoP, current US$ in 1980 and was at its lowest, -189.31 million BoP, current US$, in 2021.
Benin ranks 80th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 395,952 BoP, current US$ | -1.26 million BoP, current US$ | 2.28 million BoP, current US$ | 6 |
| 1980s | -25.08 million BoP, current US$ | -48.09 million BoP, current US$ | 8.12 million BoP, current US$ | 10 |
| 1990s | -10.51 million BoP, current US$ | -25.50 million BoP, current US$ | 7.02 million BoP, current US$ | 10 |
| 2000s | -26.79 million BoP, current US$ | -48.52 million BoP, current US$ | -11.35 million BoP, current US$ | 10 |
| 2010s | -52.69 million BoP, current US$ | -70.79 million BoP, current US$ | -15.52 million BoP, current US$ | 10 |
| 2020s | -156.34 million BoP, current US$ | -189.31 million BoP, current US$ | -121.36 million BoP, current US$ | 4 |
Countries ranked near Benin
- 77 Belize -164.59 million BoP, current US$ compare
- 78 Bhutan -165.56 million BoP, current US$ compare
- 79 San Marino -177.34 million BoP, current US$ compare
- 81 Malawi -191.69 million BoP, current US$ compare
- 82 Ethiopia -194.15 million BoP, current US$ compare
- 83 Iran -200.00 million BoP, current US$ compare
More economy & growth data for Benin
- External balance on goods and services as a percent of GDP -3.0% (2025)
- Inflation of consumer prices 1.1% (2025)
- GDP per capita 1,398 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 10.2% (2025)
- Gross domestic product (GDP) 20.71 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 1,398 constant 2015 US$ (2025)
- DEC alternative conversion factor 581.93 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 178.36 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 306.50 million current US$ (2025)
- Taxes less subsidies on products 1.36 trillion current LCU (2025)
Frequently asked questions
- What is net primary income in Benin?
- Net primary income in Benin was -189.28 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net primary income recorded in Benin?
- The highest recorded value was 8.12 million BoP, current US$ in 1980.
- What is the lowest net primary income recorded in Benin?
- The lowest recorded value was -189.31 million BoP, current US$ in 2021.
- How does Benin rank for net primary income?
- Benin ranks 80th out of 198 countries with data for 2023.
- Is net primary income rising or falling in Benin?
- Over the last ten years it is down 174.3%. 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 Net primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). 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.