Primary income payments in Benin
Benin: Primary income payments was 533.30 million BoP, current US$ in 2023. ◆ Volatile
Primary income payments in Benin, 1974–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for primary income payments in Benin is 533.30 million BoP, current US$, measured in 2023. That is the highest value across all 50 years on record.
That represents a change of up 21.6% on the previous year and up 138.8% over ten years.
Over the whole period, primary income payments in Benin peaked at 533.30 million BoP, current US$ in 2023 and was at its lowest, 1.79 million BoP, current US$, in 1974.
That places Benin 135th out of 198 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.63 million BoP, current US$ | 1.79 million BoP, current US$ | 4.78 million BoP, current US$ | 6 |
| 1980s | 32.26 million BoP, current US$ | 6.95 million BoP, current US$ | 55.44 million BoP, current US$ | 10 |
| 1990s | 37.63 million BoP, current US$ | 21.68 million BoP, current US$ | 57.50 million BoP, current US$ | 10 |
| 2000s | 55.58 million BoP, current US$ | 35.82 million BoP, current US$ | 86.19 million BoP, current US$ | 10 |
| 2010s | 164.06 million BoP, current US$ | 102.98 million BoP, current US$ | 223.34 million BoP, current US$ | 10 |
| 2020s | 449.47 million BoP, current US$ | 333.65 million BoP, current US$ | 533.30 million BoP, current US$ | 4 |
Countries ranked near Benin
- 132 Botswana 564.76 million BoP, current US$ compare
- 133 South Sudan 558.91 million BoP, current US$ compare
- 134 Bermuda 550.10 million BoP, current US$ compare
- 136 Montenegro 530.27 million BoP, current US$ compare
- 137 Brunei 513.40 million BoP, current US$ compare
- 138 Niger 505.39 million BoP, current US$ compare
More economy & growth data for Benin
- External balance on goods and services as a percent of GDP -3.0% (2025)
- Inflation of consumer prices 1.1% (2025)
- GDP per capita 1,398 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 10.2% (2025)
- Gross domestic product (GDP) 20.71 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 1,398 constant 2015 US$ (2025)
- DEC alternative conversion factor 581.93 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 178.36 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 306.50 million current US$ (2025)
- Taxes less subsidies on products 1.36 trillion current LCU (2025)
Frequently asked questions
- What is primary income payments in Benin?
- Primary income payments in Benin was 533.30 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Benin?
- The highest recorded value was 533.30 million BoP, current US$ in 2023.
- What is the lowest primary income payments recorded in Benin?
- The lowest recorded value was 1.79 million BoP, current US$ in 1974.
- How does Benin rank for primary income payments?
- Benin ranks 135th out of 198 countries with data for 2023.
- Is primary income payments rising or falling in Benin?
- Over the last ten years it is up 138.8%. 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 Primary income payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).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.