Net primary income (BoP, current US$) in Benin
Benin: Net primary income (BoP, current US$) 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$, in 2021.
Benin ranks 78th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net primary income (BoP, current US$) in Benin, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 2.28 million BoP, current US$ | — |
| 1975 | -1.26 million BoP, current US$ | -155.3% |
| 1976 | 33,480 BoP, current US$ | -102.6% |
| 1977 | -195,376 BoP, current US$ | -683.6% |
| 1978 | 252,597 BoP, current US$ | -229.3% |
| 1979 | 1.26 million BoP, current US$ | +400.6% |
| 1980 | 8.12 million BoP, current US$ | +541.8% |
| 1981 | 561,336 BoP, current US$ | -93.1% |
| 1982 | -18.96 million BoP, current US$ | -3478.0% |
| 1983 | -46.90 million BoP, current US$ | +147.3% |
| 1984 | -48.09 million BoP, current US$ | +2.6% |
| 1985 | -28.05 million BoP, current US$ | -41.7% |
| 1986 | -25.99 million BoP, current US$ | -7.3% |
| 1987 | -28.63 million BoP, current US$ | +10.2% |
| 1988 | -32.29 million BoP, current US$ | +12.8% |
| 1989 | -30.52 million BoP, current US$ | -5.5% |
| 1990 | -25.50 million BoP, current US$ | -16.5% |
| 1991 | -15.40 million BoP, current US$ | -39.6% |
| 1992 | 7.02 million BoP, current US$ | -145.6% |
| 1993 | 5.01 million BoP, current US$ | -28.7% |
| 1994 | -2.87 million BoP, current US$ | -157.2% |
| 1995 | -7.59 million BoP, current US$ | +164.8% |
| 1996 | -20.95 million BoP, current US$ | +176.1% |
| 1997 | -19.99 million BoP, current US$ | -4.6% |
| 1998 | -13.40 million BoP, current US$ | -33.0% |
| 1999 | -11.40 million BoP, current US$ | -15.0% |
| 2000 | -12.30 million BoP, current US$ | +7.9% |
| 2001 | -13.42 million BoP, current US$ | +9.1% |
| 2002 | -25.97 million BoP, current US$ | +93.5% |
| 2003 | -38.18 million BoP, current US$ | +47.0% |
| 2004 | -37.07 million BoP, current US$ | -2.9% |
| 2005 | -17.77 million BoP, current US$ | -52.1% |
| 2006 | -30.24 million BoP, current US$ | +70.2% |
| 2007 | -48.52 million BoP, current US$ | +60.5% |
| 2008 | -11.35 million BoP, current US$ | -76.6% |
| 2009 | -33.13 million BoP, current US$ | +191.8% |
| 2010 | -53.54 million BoP, current US$ | +61.6% |
| 2011 | -15.52 million BoP, current US$ | -71.0% |
| 2012 | -66.73 million BoP, current US$ | +329.9% |
| 2013 | -69.02 million BoP, current US$ | +3.4% |
| 2014 | -60.94 million BoP, current US$ | -11.7% |
| 2015 | -65.66 million BoP, current US$ | +7.7% |
| 2016 | -37.80 million BoP, current US$ | -42.4% |
| 2017 | -31.78 million BoP, current US$ | -15.9% |
| 2018 | -55.08 million BoP, current US$ | +73.3% |
| 2019 | -70.79 million BoP, current US$ | +28.5% |
| 2020 | -121.36 million BoP, current US$ | +71.4% |
| 2021 | -189.31 million BoP, current US$ | +56.0% |
| 2022 | -125.40 million BoP, current US$ | -33.8% |
| 2023 | -189.28 million BoP, current US$ | +50.9% |
Benin compared with similar countries
- Benin's -189.28 million BoP, current US$ is above the median for lower middle income countries, which is -988.90 million BoP, current US$, 19% of the median. (47 countries reporting)
- Benin's -189.28 million BoP, current US$ is above the median for Sub-Saharan Africa, which is -353.19 million BoP, current US$, 54% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net primary income (BoP, current US$) 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 | -3478.0% | 561,336 BoP, current US$ | -18.96 million BoP, current US$ |
| 1977 | -683.6% | 33,480 BoP, current US$ | -195,376 BoP, current US$ |
| 1980 | +541.8% | 1.26 million BoP, current US$ | 8.12 million BoP, current US$ |
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
- 75 Iceland -150.89 million BoP, current US$ compare
- 76 Belize -164.55 million BoP, current US$ compare
- 77 Bhutan -165.56 million BoP, current US$ compare
- 79 Ethiopia -194.15 million BoP, current US$ compare
- 80 Iran -200.00 million BoP, current US$ compare
- 81 San Marino -201.33 million BoP, current US$ compare
More economy & growth data for Benin
- Real gdp growth, annual growth rate 17.31 % change on previous year (2024)
- 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)
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 78th out of 200 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.