Personal remittances, received (current US$), annual growth rate in Benin
Benin: Personal remittances, received (current US$), annual growth rate was 35.2 % change on previous year in 2023. ◆ Volatile
Latest (2023)
35.2 % change on previous year
Change on year
up 316.9%
World rank
12th
of 192 countries
All-time high
138.28 % change on previous year
in 1975
All-time low
-40.41 % change on previous year
in 1982
Years of data
49
1975–2023
Personal remittances, received (current US$), annual growth rate in Benin, 1975–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for personal remittances, received (current us$), annual growth rate in Benin is 35.2 % change on previous year, measured in 2023.
The figure is up 316.9% on the previous year and up 78.2% over ten years.
Over the whole period, personal remittances, received (current us$), annual growth rate in Benin peaked at 138.28 % change on previous year in 1975 and was at its lowest, -40.41 % change on previous year, in 1982.
Benin ranks 12th of 192 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received (current US$), annual growth rate in Benin, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1975 | 138.28 % change on previous year | — |
| 1976 | 59.39 % change on previous year | -57.0% |
| 1977 | 39.74 % change on previous year | -33.1% |
| 1978 | 43.53 % change on previous year | +9.5% |
| 1979 | 29.67 % change on previous year | -31.8% |
| 1980 | 5.6 % change on previous year | -81.1% |
| 1981 | -19.47 % change on previous year | -448.0% |
| 1982 | -40.41 % change on previous year | +107.5% |
| 1983 | 18.66 % change on previous year | -146.2% |
| 1984 | -4.06 % change on previous year | -121.7% |
| 1985 | -4.23 % change on previous year | +4.1% |
| 1986 | 26.15 % change on previous year | -718.7% |
| 1987 | 18.5 % change on previous year | -29.2% |
| 1988 | 18.08 % change on previous year | -2.3% |
| 1989 | 28.43 % change on previous year | +57.2% |
| 1990 | 10.63 % change on previous year | -62.6% |
| 1991 | 16.75 % change on previous year | +57.5% |
| 1992 | 15.54 % change on previous year | -7.2% |
| 1993 | -20.11 % change on previous year | -229.4% |
| 1994 | -17.83 % change on previous year | -11.4% |
| 1995 | 10.56 % change on previous year | -159.2% |
| 1996 | -14.17 % change on previous year | -234.1% |
| 1997 | -17.44 % change on previous year | +23.1% |
| 1998 | 27.2 % change on previous year | -256.0% |
| 1999 | -15.87 % change on previous year | -158.3% |
| 2000 | 14.46 % change on previous year | -191.1% |
| 2001 | -3.27 % change on previous year | -122.6% |
| 2002 | -8.37 % change on previous year | +155.7% |
| 2003 | -27.21 % change on previous year | +224.9% |
| 2004 | 13.93 % change on previous year | -151.2% |
| 2005 | 132.8 % change on previous year | +853.6% |
| 2006 | 33.17 % change on previous year | -75.0% |
| 2007 | 23.06 % change on previous year | -30.5% |
| 2008 | -13.68 % change on previous year | -159.3% |
| 2009 | -39.16 % change on previous year | +186.4% |
| 2010 | 10.37 % change on previous year | -126.5% |
| 2011 | 23.37 % change on previous year | +125.4% |
| 2012 | 20.66 % change on previous year | -11.6% |
| 2013 | 19.75 % change on previous year | -4.4% |
| 2014 | 22.45 % change on previous year | +13.7% |
| 2015 | -29.61 % change on previous year | -231.9% |
| 2016 | 3.39 % change on previous year | -111.5% |
| 2017 | -11.7 % change on previous year | -444.9% |
| 2018 | 1.51 % change on previous year | -112.9% |
| 2019 | 9.18 % change on previous year | +506.4% |
| 2020 | -5.7 % change on previous year | -162.1% |
| 2021 | 12.85 % change on previous year | -325.4% |
| 2022 | 8.44 % change on previous year | -34.3% |
| 2023 | 35.2 % change on previous year | +316.9% |
Benin compared with similar countries
- Benin's 35.2 % change on previous year is above the median for lower middle income countries, which is 9.47 % change on previous year, 3.7× the median. (47 countries reporting)
- Benin's 35.2 % change on previous year is above the median for Sub-Saharan Africa, which is 6.32 % change on previous year, 5.6× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 62.12 % change on previous year | 29.67 % change on previous year | 138.28 % change on previous year | 5 |
| 1980s | 4.73 % change on previous year | -40.41 % change on previous year | 28.43 % change on previous year | 10 |
| 1990s | -0.4726 % change on previous year | -20.11 % change on previous year | 27.2 % change on previous year | 10 |
| 2000s | 12.57 % change on previous year | -39.16 % change on previous year | 132.8 % change on previous year | 10 |
| 2010s | 6.94 % change on previous year | -29.61 % change on previous year | 23.37 % change on previous year | 10 |
| 2020s | 12.7 % change on previous year | -5.7 % change on previous year | 35.2 % change on previous year | 4 |
Countries ranked near Benin
- 9 Tajikistan 49.72 % change on previous year compare
- 10 Egypt 40.46 % change on previous year compare
- 11 Zambia 36.07 % change on previous year compare
- 13 Côte d'Ivoire 35.06 % change on previous year compare
- 14 Paraguay 34.27 % change on previous year compare
- 15 Sudan 33.99 % 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$) 12.54 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, received (current us$), annual growth rate in Benin?
- Personal remittances, received (current us$), annual growth rate in Benin was 35.2 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest personal remittances, received (current us$), annual growth rate recorded in Benin?
- The highest recorded value was 138.28 % change on previous year in 1975.
- What is the lowest personal remittances, received (current us$), annual growth rate recorded in Benin?
- The lowest recorded value was -40.41 % change on previous year in 1982.
- How does Benin rank for personal remittances, received (current us$), annual growth rate?
- Benin ranks 12th out of 192 countries with data for 2023.
- Is personal remittances, received (current us$), annual growth rate rising or falling in Benin?
- Over the last ten years it is up 78.2%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from Statizoid (derived), published as part of Personal remittances, received (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Personal remittances, received (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Personal remittances, received IMF balance of payments data, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Personal remittances, received (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.