Net secondary income (Net current transfers from abroad) in Benin
Benin: Net secondary income (Net current transfers from abroad) was 43.98 billion constant LCU in 2010. ▲ Rising
Net secondary income (Net current transfers from abroad) in Benin, 1985–2010
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2010, net secondary income (net current transfers from abroad) in Benin stood at 43.98 billion constant LCU.
Compared with earlier readings it is down 16.5% on the previous year and down 17.7% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Benin peaked at 60.59 billion constant LCU in 2006 and was at its lowest, 19.65 billion constant LCU, in 1996.
Benin ranks 44th of 125 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Net secondary income (Net current transfers from abroad) in Benin, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1985 | 27.90 billion constant LCU | — |
| 1986 | 27.92 billion constant LCU | +0.1% |
| 1987 | 23.74 billion constant LCU | -15.0% |
| 1988 | 24.00 billion constant LCU | +1.1% |
| 1989 | 28.63 billion constant LCU | +19.3% |
| 1990 | 47.31 billion constant LCU | +65.2% |
| 1991 | 27.96 billion constant LCU | -40.9% |
| 1992 | 37.43 billion constant LCU | +33.9% |
| 1993 | 40.12 billion constant LCU | +7.2% |
| 1994 | 19.85 billion constant LCU | -50.5% |
| 1995 | 20.80 billion constant LCU | +4.8% |
| 1996 | 19.65 billion constant LCU | -5.5% |
| 1997 | 44.67 billion constant LCU | +127.3% |
| 1998 | 35.58 billion constant LCU | -20.3% |
| 1999 | 41.62 billion constant LCU | +17.0% |
| 2000 | 53.44 billion constant LCU | +28.4% |
| 2001 | 56.75 billion constant LCU | +6.2% |
| 2002 | 54.43 billion constant LCU | -4.1% |
| 2003 | 40.71 billion constant LCU | -25.2% |
| 2004 | 44.60 billion constant LCU | +9.5% |
| 2005 | 44.71 billion constant LCU | +0.2% |
| 2006 | 60.59 billion constant LCU | +35.5% |
| 2007 | 56.08 billion constant LCU | -7.4% |
| 2008 | 56.87 billion constant LCU | +1.4% |
| 2009 | 52.68 billion constant LCU | -7.4% |
| 2010 | 43.98 billion constant LCU | -16.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 26.44 billion constant LCU | 23.74 billion constant LCU | 28.63 billion constant LCU | 5 |
| 1990s | 33.50 billion constant LCU | 19.65 billion constant LCU | 47.31 billion constant LCU | 10 |
| 2000s | 52.09 billion constant LCU | 40.71 billion constant LCU | 60.59 billion constant LCU | 10 |
| 2010s | 43.98 billion constant LCU | 43.98 billion constant LCU | 43.98 billion constant LCU | 1 |
Countries ranked near Benin
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)
- GDP (current US$), annual growth rate 14.35 % change on previous year (2025)
- GDP (current US$), per capita 1,658 current US$ per person (2025)
- GDP (current LCU), annual growth rate 9.75 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 581.93 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 964,994 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 8.07 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8429 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 1,398 constant 2015 US$ per person (2025)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Benin?
- Net secondary income (net current transfers from abroad) in Benin was 43.98 billion constant LCU in 2010, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Benin?
- The highest recorded value was 60.59 billion constant LCU in 2006.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Benin?
- The lowest recorded value was 19.65 billion constant LCU in 1996.
- How does Benin rank for net secondary income (net current transfers from abroad)?
- Benin ranks 44th out of 125 countries with data for 2010.
- Is net secondary income (net current transfers from abroad) rising or falling in Benin?
- Over the last ten years it is down 17.7%. The long-run trend across the full record is rising.
- Where does this Benin data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.