Primary income receipts (BoP, current US$) in Benin
Benin: Primary income receipts (BoP, current US$) was 344.02 million BoP, current US$ in 2023. ◆ Volatile
Primary income receipts in Benin, 1974–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Benin recorded 344.02 million BoP, current US$ for primary income receipts in 2023. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 9.9% on the previous year and up 122.9% over ten years.
Over the whole period, primary income receipts in Benin peaked at 344.02 million BoP, current US$ in 2023 and was at its lowest, 2.89 million BoP, current US$, in 1986.
That places Benin 125th out of 199 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income receipts (BoP, current US$) in Benin, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 4.07 million BoP, current US$ | — |
| 1975 | 3.50 million BoP, current US$ | -14.0% |
| 1976 | 3.19 million BoP, current US$ | -8.9% |
| 1977 | 3.42 million BoP, current US$ | +7.2% |
| 1978 | 3.93 million BoP, current US$ | +14.8% |
| 1979 | 6.05 million BoP, current US$ | +54.0% |
| 1980 | 15.06 million BoP, current US$ | +149.1% |
| 1981 | 10.58 million BoP, current US$ | -29.8% |
| 1982 | 10.66 million BoP, current US$ | +0.8% |
| 1983 | 4.95 million BoP, current US$ | -53.6% |
| 1984 | 7.35 million BoP, current US$ | +48.6% |
| 1985 | 6.68 million BoP, current US$ | -9.2% |
| 1986 | 2.89 million BoP, current US$ | -56.8% |
| 1987 | 3.33 million BoP, current US$ | +15.2% |
| 1988 | 4.74 million BoP, current US$ | +42.4% |
| 1989 | 5.58 million BoP, current US$ | +17.8% |
| 1990 | 12.22 million BoP, current US$ | +119.0% |
| 1991 | 24.07 million BoP, current US$ | +97.0% |
| 1992 | 34.14 million BoP, current US$ | +41.8% |
| 1993 | 37.81 million BoP, current US$ | +10.8% |
| 1994 | 18.81 million BoP, current US$ | -50.2% |
| 1995 | 23.47 million BoP, current US$ | +24.8% |
| 1996 | 36.54 million BoP, current US$ | +55.7% |
| 1997 | 25.40 million BoP, current US$ | -30.5% |
| 1998 | 31.07 million BoP, current US$ | +22.3% |
| 1999 | 27.69 million BoP, current US$ | -10.9% |
| 2000 | 23.53 million BoP, current US$ | -15.0% |
| 2001 | 22.42 million BoP, current US$ | -4.7% |
| 2002 | 20.88 million BoP, current US$ | -6.9% |
| 2003 | 22.81 million BoP, current US$ | +9.3% |
| 2004 | 22.90 million BoP, current US$ | +0.4% |
| 2005 | 25.42 million BoP, current US$ | +11.0% |
| 2006 | 23.85 million BoP, current US$ | -6.1% |
| 2007 | 37.67 million BoP, current US$ | +57.9% |
| 2008 | 45.09 million BoP, current US$ | +19.7% |
| 2009 | 43.27 million BoP, current US$ | -4.0% |
| 2010 | 49.44 million BoP, current US$ | +14.3% |
| 2011 | 103.67 million BoP, current US$ | +109.7% |
| 2012 | 92.20 million BoP, current US$ | -11.1% |
| 2013 | 154.32 million BoP, current US$ | +67.4% |
| 2014 | 157.11 million BoP, current US$ | +1.8% |
| 2015 | 96.68 million BoP, current US$ | -38.5% |
| 2016 | 110.61 million BoP, current US$ | +14.4% |
| 2017 | 118.84 million BoP, current US$ | +7.4% |
| 2018 | 106.81 million BoP, current US$ | -10.1% |
| 2019 | 124.00 million BoP, current US$ | +16.1% |
| 2020 | 212.28 million BoP, current US$ | +71.2% |
| 2021 | 303.08 million BoP, current US$ | +42.8% |
| 2022 | 313.13 million BoP, current US$ | +3.3% |
| 2023 | 344.02 million BoP, current US$ | +9.9% |
Benin compared with similar countries
- Benin's 344.02 million BoP, current US$ is below the median for lower middle income countries, which is 401.38 million BoP, current US$, 86% of the median. (47 countries reporting)
- Benin's 344.02 million BoP, current US$ is above the median for Sub-Saharan Africa, which is 152.65 million BoP, current US$, 2.3× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.03 million BoP, current US$ | 3.19 million BoP, current US$ | 6.05 million BoP, current US$ | 6 |
| 1980s | 7.18 million BoP, current US$ | 2.89 million BoP, current US$ | 15.06 million BoP, current US$ | 10 |
| 1990s | 27.12 million BoP, current US$ | 12.22 million BoP, current US$ | 37.81 million BoP, current US$ | 10 |
| 2000s | 28.78 million BoP, current US$ | 20.88 million BoP, current US$ | 45.09 million BoP, current US$ | 10 |
| 2010s | 111.37 million BoP, current US$ | 49.44 million BoP, current US$ | 157.11 million BoP, current US$ | 10 |
| 2020s | 293.13 million BoP, current US$ | 212.28 million BoP, current US$ | 344.02 million BoP, current US$ | 4 |
Countries ranked near Benin
- 122 Kenya 401.38 million BoP, current US$ compare
- 123 Democratic Republic of Congo 399.87 million BoP, current US$ compare
- 124 Nicaragua 377.30 million BoP, current US$ compare
- 126 Syria 312.82 million BoP, current US$ compare
- 127 Tanzania 311.73 million BoP, current US$ compare
- 128 Burkina Faso 311.54 million BoP, current US$ compare
More economy & growth data for Benin
- Real gdp growth, annual growth rate 17.31 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -3.83 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0103 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 17.01 units per person (2025)
- SDRs holdings, SDR, annual growth rate -8.42 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0075 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 12.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -0.7436 % change on previous year (2025)
Frequently asked questions
- What is primary income receipts in Benin?
- Primary income receipts in Benin was 344.02 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 receipts recorded in Benin?
- The highest recorded value was 344.02 million BoP, current US$ in 2023.
- What is the lowest primary income receipts recorded in Benin?
- The lowest recorded value was 2.89 million BoP, current US$ in 1986.
- How does Benin rank for primary income receipts?
- Benin ranks 125th out of 199 countries with data for 2023.
- Is primary income receipts rising or falling in Benin?
- Over the last ten years it is up 122.9%. 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 receipts (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). 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.