Primary income receipts in Benin
Benin: Primary income receipts was 344.02 million BoP, current US$ in 2023. ◆ Volatile
Latest (2023)
344.02 million BoP, current US$
Change on year
up 9.9%
World rank
125th
of 199 countries
All-time high
344.02 million BoP, current US$
in 2023
All-time low
2.89 million BoP, current US$
in 1986
Years of data
50
1974–2023
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$, in 1986.
That places Benin 125th out of 199 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income receipts in Benin, year by year
| Year | BoP, current US$ | 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 377.30 million BoP, current US$, 91% of the median. (47 countries reporting)
- Benin's 344.02 million BoP, current US$ is above the median for Sub-Saharan Africa, which is 160.79 million BoP, current US$, 2.1× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.03 million BoP, current US$ | 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 Mozambique 401.64 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
- 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$) 12.54 % change on previous year (2025)
Frequently asked questions
- What is primary income receipts in Benin?
- Primary income receipts in Benin was 344.02 million BoP, current US$ 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.