Personal remittances, received (current US$), per unit of GDP in Benin
Benin: Personal remittances, received (current US$), per unit of GDP was 0.0172 current US$ per US$ of GDP in 2023. ◆ Volatile
Personal remittances, received (current US$), per unit of GDP in Benin, 1974–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Benin recorded 0.0172 current US$ per US$ of GDP for personal remittances, received (current us$), per unit of gdp in 2023.
That represents a change of up 19.7% on the previous year and down 13.4% over ten years.
Over the whole period, personal remittances, received (current us$), per unit of gdp in Benin peaked at 0.0804 current US$ per US$ of GDP in 1992 and was at its lowest, 0.0102 current US$ per US$ of GDP, in 2004.
Benin ranks 111th of 196 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.
Personal remittances, received (current US$), per unit of GDP in Benin, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1974 | 0.0133 current US$ per US$ of GDP | — |
| 1975 | 0.026 current US$ per US$ of GDP | +95.3% |
| 1976 | 0.0401 current US$ per US$ of GDP | +54.5% |
| 1977 | 0.0522 current US$ per US$ of GDP | +30.1% |
| 1978 | 0.0605 current US$ per US$ of GDP | +15.9% |
| 1979 | 0.0615 current US$ per US$ of GDP | +1.5% |
| 1980 | 0.0548 current US$ per US$ of GDP | -10.9% |
| 1981 | 0.048 current US$ per US$ of GDP | -12.4% |
| 1982 | 0.0291 current US$ per US$ of GDP | -39.3% |
| 1983 | 0.04 current US$ per US$ of GDP | +37.3% |
| 1984 | 0.04 current US$ per US$ of GDP | -0.0% |
| 1985 | 0.0385 current US$ per US$ of GDP | -3.7% |
| 1986 | 0.038 current US$ per US$ of GDP | -1.3% |
| 1987 | 0.0385 current US$ per US$ of GDP | +1.3% |
| 1988 | 0.0439 current US$ per US$ of GDP | +13.9% |
| 1989 | 0.0608 current US$ per US$ of GDP | +38.5% |
| 1990 | 0.0516 current US$ per US$ of GDP | -15.2% |
| 1991 | 0.0594 current US$ per US$ of GDP | +15.2% |
| 1992 | 0.0804 current US$ per US$ of GDP | +35.4% |
| 1993 | 0.0479 current US$ per US$ of GDP | -40.5% |
| 1994 | 0.056 current US$ per US$ of GDP | +17.0% |
| 1995 | 0.0456 current US$ per US$ of GDP | -18.6% |
| 1996 | 0.036 current US$ per US$ of GDP | -21.1% |
| 1997 | 0.0309 current US$ per US$ of GDP | -14.1% |
| 1998 | 0.0363 current US$ per US$ of GDP | +17.5% |
| 1999 | 0.0204 current US$ per US$ of GDP | -43.8% |
| 2000 | 0.0244 current US$ per US$ of GDP | +19.6% |
| 2001 | 0.0227 current US$ per US$ of GDP | -7.1% |
| 2002 | 0.0181 current US$ per US$ of GDP | -19.9% |
| 2003 | 0.0104 current US$ per US$ of GDP | -42.9% |
| 2004 | 0.0102 current US$ per US$ of GDP | -1.6% |
| 2005 | 0.0224 current US$ per US$ of GDP | +119.4% |
| 2006 | 0.0278 current US$ per US$ of GDP | +24.3% |
| 2007 | 0.0295 current US$ per US$ of GDP | +6.0% |
| 2008 | 0.0212 current US$ per US$ of GDP | -28.0% |
| 2009 | 0.013 current US$ per US$ of GDP | -38.9% |
| 2010 | 0.0146 current US$ per US$ of GDP | +12.7% |
| 2011 | 0.0161 current US$ per US$ of GDP | +10.0% |
| 2012 | 0.0186 current US$ per US$ of GDP | +15.8% |
| 2013 | 0.0199 current US$ per US$ of GDP | +6.6% |
| 2014 | 0.0229 current US$ per US$ of GDP | +15.4% |
| 2015 | 0.0188 current US$ per US$ of GDP | -17.9% |
| 2016 | 0.0188 current US$ per US$ of GDP | -0.4% |
| 2017 | 0.0154 current US$ per US$ of GDP | -17.8% |
| 2018 | 0.0139 current US$ per US$ of GDP | -9.6% |
| 2019 | 0.0151 current US$ per US$ of GDP | +8.2% |
| 2020 | 0.013 current US$ per US$ of GDP | -13.5% |
| 2021 | 0.0131 current US$ per US$ of GDP | +0.1% |
| 2022 | 0.0144 current US$ per US$ of GDP | +10.1% |
| 2023 | 0.0172 current US$ per US$ of GDP | +19.7% |
Benin compared with similar countries
- Benin's 0.0172 current US$ per US$ of GDP is below the median for lower middle income countries, which is 0.0601 current US$ per US$ of GDP, 29% of the median. (47 countries reporting)
- Benin's 0.0172 current US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.0252 current US$ per US$ of GDP, 68% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0423 current US$ per US$ of GDP | 0.0133 current US$ per US$ of GDP | 0.0615 current US$ per US$ of GDP | 6 |
| 1980s | 0.0432 current US$ per US$ of GDP | 0.0291 current US$ per US$ of GDP | 0.0608 current US$ per US$ of GDP | 10 |
| 1990s | 0.0464 current US$ per US$ of GDP | 0.0204 current US$ per US$ of GDP | 0.0804 current US$ per US$ of GDP | 10 |
| 2000s | 0.02 current US$ per US$ of GDP | 0.0102 current US$ per US$ of GDP | 0.0295 current US$ per US$ of GDP | 10 |
| 2010s | 0.0174 current US$ per US$ of GDP | 0.0139 current US$ per US$ of GDP | 0.0229 current US$ per US$ of GDP | 10 |
| 2020s | 0.0144 current US$ per US$ of GDP | 0.013 current US$ per US$ of GDP | 0.0172 current US$ per US$ of GDP | 4 |
Countries ranked near Benin
- 108 Azerbaijan 0.0197 current US$ per US$ of GDP compare
- 109 Bolivia, Plurinational State of 0.0196 current US$ per US$ of GDP compare
- 110 Mauritius 0.0192 current US$ per US$ of GDP compare
- 112 Malawi 0.0165 current US$ per US$ of GDP compare
- 113 Peru 0.0158 current US$ per US$ of GDP compare
- 114 Lao People's Democratic Republic 0.0149 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$) 12.54 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, received (current us$), per unit of gdp in Benin?
- Personal remittances, received (current us$), per unit of gdp in Benin was 0.0172 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest personal remittances, received (current us$), per unit of gdp recorded in Benin?
- The highest recorded value was 0.0804 current US$ per US$ of GDP in 1992.
- What is the lowest personal remittances, received (current us$), per unit of gdp recorded in Benin?
- The lowest recorded value was 0.0102 current US$ per US$ of GDP in 2004.
- How does Benin rank for personal remittances, received (current us$), per unit of gdp?
- Benin ranks 111th out of 196 countries with data for 2023.
- Is personal remittances, received (current us$), per unit of gdp rising or falling in Benin?
- Over the last ten years it is down 13.4%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Personal remittances, received (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, received (current US$) ÷ GDP (current US$)
Computed from
- Personal remittances, received IMF balance of payments data, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, received (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.