Personal remittances, paid (current US$), per unit of GDP in Benin
Benin: Personal remittances, paid (current US$), per unit of GDP was 0.0055 current US$ per US$ of GDP in 2023. ◆ Volatile
Personal remittances, paid (current US$), per unit of GDP in Benin, 1974–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for personal remittances, paid (current us$), per unit of gdp in Benin is 0.0055 current US$ per US$ of GDP, measured in 2023.
That represents a change of down 6.7% on the previous year and down 31.9% over ten years.
Over the whole period, personal remittances, paid (current us$), per unit of gdp in Benin peaked at 0.0273 current US$ per US$ of GDP in 1984 and was at its lowest, 0.0009 current US$ per US$ of GDP, in 2004.
That places Benin 122nd out of 195 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.
Personal remittances, paid (current US$), per unit of GDP in Benin, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1974 | 0.0048 current US$ per US$ of GDP | — |
| 1975 | 0.0039 current US$ per US$ of GDP | -18.8% |
| 1976 | 0.0019 current US$ per US$ of GDP | -51.6% |
| 1977 | 0.0016 current US$ per US$ of GDP | -15.4% |
| 1978 | 0.0016 current US$ per US$ of GDP | +0.9% |
| 1979 | 0.0016 current US$ per US$ of GDP | -4.5% |
| 1980 | 0.0015 current US$ per US$ of GDP | -2.9% |
| 1981 | 0.0015 current US$ per US$ of GDP | -2.5% |
| 1982 | 0.0188 current US$ per US$ of GDP | +1175.0% |
| 1983 | 0.0204 current US$ per US$ of GDP | +8.5% |
| 1984 | 0.0273 current US$ per US$ of GDP | +34.1% |
| 1985 | 0.0106 current US$ per US$ of GDP | -61.0% |
| 1986 | 0.0022 current US$ per US$ of GDP | -79.7% |
| 1987 | 0.0021 current US$ per US$ of GDP | -1.5% |
| 1988 | 0.0096 current US$ per US$ of GDP | +349.7% |
| 1989 | 0.0101 current US$ per US$ of GDP | +5.3% |
| 1990 | 0.0106 current US$ per US$ of GDP | +4.7% |
| 1991 | 0.0104 current US$ per US$ of GDP | -1.1% |
| 1992 | 0.0125 current US$ per US$ of GDP | +19.6% |
| 1993 | 0.0094 current US$ per US$ of GDP | -24.4% |
| 1994 | 0.0145 current US$ per US$ of GDP | +54.2% |
| 1995 | 0.0122 current US$ per US$ of GDP | -16.1% |
| 1996 | 0.0142 current US$ per US$ of GDP | +16.6% |
| 1997 | 0.0075 current US$ per US$ of GDP | -47.2% |
| 1998 | 0.0122 current US$ per US$ of GDP | +61.8% |
| 1999 | 0.0016 current US$ per US$ of GDP | -86.7% |
| 2000 | 0.0025 current US$ per US$ of GDP | +56.7% |
| 2001 | 0.0028 current US$ per US$ of GDP | +10.7% |
| 2002 | 0.0016 current US$ per US$ of GDP | -43.4% |
| 2003 | 0.001 current US$ per US$ of GDP | -38.1% |
| 2004 | 0.0009 current US$ per US$ of GDP | -7.2% |
| 2005 | 0.0051 current US$ per US$ of GDP | +460.8% |
| 2006 | 0.0086 current US$ per US$ of GDP | +69.4% |
| 2007 | 0.0132 current US$ per US$ of GDP | +52.4% |
| 2008 | 0.0076 current US$ per US$ of GDP | -42.2% |
| 2009 | 0.0072 current US$ per US$ of GDP | -5.4% |
| 2010 | 0.0067 current US$ per US$ of GDP | -7.7% |
| 2011 | 0.0058 current US$ per US$ of GDP | -13.4% |
| 2012 | 0.0079 current US$ per US$ of GDP | +36.6% |
| 2013 | 0.0081 current US$ per US$ of GDP | +2.5% |
| 2014 | 0.0109 current US$ per US$ of GDP | +34.6% |
| 2015 | 0.0086 current US$ per US$ of GDP | -20.6% |
| 2016 | 0.0075 current US$ per US$ of GDP | -13.5% |
| 2017 | 0.0057 current US$ per US$ of GDP | -23.0% |
| 2018 | 0.0066 current US$ per US$ of GDP | +15.3% |
| 2019 | 0.0061 current US$ per US$ of GDP | -8.2% |
| 2020 | 0.0059 current US$ per US$ of GDP | -3.5% |
| 2021 | 0.0057 current US$ per US$ of GDP | -3.5% |
| 2022 | 0.0059 current US$ per US$ of GDP | +4.1% |
| 2023 | 0.0055 current US$ per US$ of GDP | -6.7% |
Benin compared with similar countries
- Benin's 0.0055 current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.0053 current US$ per US$ of GDP, 1.0× the median. (47 countries reporting)
- Benin's 0.0055 current US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.0064 current US$ per US$ of GDP, 86% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, paid (current US$), per unit of GDP in Benin changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1982 | +1175.0% | 0.0015 current US$ per US$ of GDP | 0.0188 current US$ per US$ of GDP |
| 2005 | +460.8% | 0.0009 current US$ per US$ of GDP | 0.0051 current US$ per US$ of GDP |
| 1988 | +349.7% | 0.0021 current US$ per US$ of GDP | 0.0096 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0026 current US$ per US$ of GDP | 0.0016 current US$ per US$ of GDP | 0.0048 current US$ per US$ of GDP | 6 |
| 1980s | 0.0104 current US$ per US$ of GDP | 0.0015 current US$ per US$ of GDP | 0.0273 current US$ per US$ of GDP | 10 |
| 1990s | 0.0105 current US$ per US$ of GDP | 0.0016 current US$ per US$ of GDP | 0.0145 current US$ per US$ of GDP | 10 |
| 2000s | 0.0051 current US$ per US$ of GDP | 0.0009 current US$ per US$ of GDP | 0.0132 current US$ per US$ of GDP | 10 |
| 2010s | 0.0074 current US$ per US$ of GDP | 0.0057 current US$ per US$ of GDP | 0.0109 current US$ per US$ of GDP | 10 |
| 2020s | 0.0057 current US$ per US$ of GDP | 0.0055 current US$ per US$ of GDP | 0.0059 current US$ per US$ of GDP | 4 |
Countries ranked near Benin
- 119 Trinidad and Tobago 0.0058 current US$ per US$ of GDP compare
- 120 Finland 0.0056 current US$ per US$ of GDP compare
- 121 Eswatini 0.0056 current US$ per US$ of GDP compare
- 123 Italy 0.0055 current US$ per US$ of GDP compare
- 124 Hungary 0.0055 current US$ per US$ of GDP compare
- 125 Poland 0.0054 current US$ per US$ of GDP 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$) 12.54 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, paid (current us$), per unit of gdp in Benin?
- Personal remittances, paid (current us$), per unit of gdp in Benin was 0.0055 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), per unit of gdp recorded in Benin?
- The highest recorded value was 0.0273 current US$ per US$ of GDP in 1984.
- What is the lowest personal remittances, paid (current us$), per unit of gdp recorded in Benin?
- The lowest recorded value was 0.0009 current US$ per US$ of GDP in 2004.
- How does Benin rank for personal remittances, paid (current us$), per unit of gdp?
- Benin ranks 122nd out of 195 countries with data for 2023.
- Is personal remittances, paid (current us$), per unit of gdp rising or falling in Benin?
- Over the last ten years it is down 31.9%. 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 Personal remittances, paid (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, paid (current US$) ÷ GDP (current US$)
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.