Reserves and related items in Benin
Benin: Reserves and related items was -1.22 billion BoP, current US$ in 2023. ◆ Volatile
Reserves and related items in Benin, 1974–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, reserves and related items in Benin stood at -1.22 billion BoP, current US$. That is the lowest value across all 50 years on record.
Compared with earlier readings it is down 108.1% on the previous year and down 2,211.2% over ten years.
Over the whole period, reserves and related items in Benin peaked at 444.31 million BoP, current US$ in 2017 and was at its lowest, -1.22 billion BoP, current US$, in 2023.
Benin ranks 173rd of 195 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Reserves and related items in Benin, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 461,146 BoP, current US$ | — |
| 1975 | -19.85 million BoP, current US$ | -4405.4% |
| 1976 | -2.80 million BoP, current US$ | -85.9% |
| 1977 | -3.90 million BoP, current US$ | +39.0% |
| 1978 | -19.20 million BoP, current US$ | +392.5% |
| 1979 | -1.49 million BoP, current US$ | -92.3% |
| 1980 | -20.35 million BoP, current US$ | +1270.1% |
| 1981 | 33.23 million BoP, current US$ | -263.3% |
| 1982 | -48.08 million BoP, current US$ | -244.7% |
| 1983 | -37.43 million BoP, current US$ | -22.1% |
| 1984 | -23.34 million BoP, current US$ | -37.6% |
| 1985 | -29.45 million BoP, current US$ | +26.2% |
| 1986 | -79.25 million BoP, current US$ | +169.1% |
| 1987 | -52.28 million BoP, current US$ | -34.0% |
| 1988 | -159.87 million BoP, current US$ | +205.8% |
| 1989 | -202.26 million BoP, current US$ | +26.5% |
| 1990 | -99.56 million BoP, current US$ | -50.8% |
| 1991 | -265.34 million BoP, current US$ | +166.5% |
| 1992 | -65.02 million BoP, current US$ | -75.5% |
| 1993 | -156.13 million BoP, current US$ | +140.1% |
| 1994 | 18.08 million BoP, current US$ | -111.6% |
| 1995 | -253.84 million BoP, current US$ | -1504.0% |
| 1996 | -148.96 million BoP, current US$ | -41.3% |
| 1997 | -99.97 million BoP, current US$ | -32.9% |
| 1998 | -86.70 million BoP, current US$ | -13.3% |
| 1999 | -88.77 million BoP, current US$ | +2.4% |
| 2000 | -20.32 million BoP, current US$ | -77.1% |
| 2001 | -68.80 million BoP, current US$ | +238.6% |
| 2002 | -261.78 million BoP, current US$ | +280.5% |
| 2003 | -100.23 million BoP, current US$ | -61.7% |
| 2004 | -299.30 million BoP, current US$ | +198.6% |
| 2005 | -51.63 million BoP, current US$ | -82.7% |
| 2006 | -1.12 billion BoP, current US$ | +2063.4% |
| 2007 | -177.54 million BoP, current US$ | -84.1% |
| 2008 | -148.89 million BoP, current US$ | -16.1% |
| 2009 | -423.25 million BoP, current US$ | +184.3% |
| 2010 | -294.43 million BoP, current US$ | -30.4% |
| 2011 | -531.82 million BoP, current US$ | +80.6% |
| 2012 | -394.84 million BoP, current US$ | -25.8% |
| 2013 | -52.73 million BoP, current US$ | -86.6% |
| 2014 | 106.11 million BoP, current US$ | -301.2% |
| 2015 | 79.57 million BoP, current US$ | -25.0% |
| 2016 | -564.89 million BoP, current US$ | -810.0% |
| 2017 | 444.31 million BoP, current US$ | -178.7% |
| 2018 | 234.78 million BoP, current US$ | -47.2% |
| 2019 | 26.75 million BoP, current US$ | -88.6% |
| 2020 | 11.17 million BoP, current US$ | -58.2% |
| 2021 | -671,279 BoP, current US$ | -106.0% |
| 2022 | -585.60 million BoP, current US$ | +87136.6% |
| 2023 | -1.22 billion BoP, current US$ | +108.1% |
Benin compared with similar countries
- Benin's -1.22 billion BoP, current US$ is below the median for lower middle income countries, which is 75.53 million BoP, current US$. (47 countries reporting)
- Benin's -1.22 billion BoP, current US$ is below the median for Sub-Saharan Africa, which is 19.61 million BoP, current US$. (47 countries reporting)
Biggest year-on-year movements
Years where Reserves and related items in Benin changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | -87136.6% | -671,279 BoP, current US$ | -585.60 million BoP, current US$ |
| 1975 | -4405.4% | 461,146 BoP, current US$ | -19.85 million BoP, current US$ |
| 2006 | -2063.4% | -51.63 million BoP, current US$ | -1.12 billion BoP, current US$ |
| 1995 | -1504.0% | 18.08 million BoP, current US$ | -253.84 million BoP, current US$ |
| 1980 | -1270.1% | -1.49 million BoP, current US$ | -20.35 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -7.80 million BoP, current US$ | -19.85 million BoP, current US$ | 461,146 BoP, current US$ | 6 |
| 1980s | -61.91 million BoP, current US$ | -202.26 million BoP, current US$ | 33.23 million BoP, current US$ | 10 |
| 1990s | -124.62 million BoP, current US$ | -265.34 million BoP, current US$ | 18.08 million BoP, current US$ | 10 |
| 2000s | -266.88 million BoP, current US$ | -1.12 billion BoP, current US$ | -20.32 million BoP, current US$ | 10 |
| 2010s | -94.72 million BoP, current US$ | -564.89 million BoP, current US$ | 444.31 million BoP, current US$ | 10 |
| 2020s | -448.45 million BoP, current US$ | -1.22 billion BoP, current US$ | 11.17 million BoP, current US$ | 4 |
Countries ranked near Benin
- 170 Zambia -829.98 million BoP, current US$ compare
- 171 Angola -937.09 million BoP, current US$ compare
- 172 Haiti -1.16 billion BoP, current US$ compare
- 174 Yemen -1.37 billion BoP, current US$ compare
- 175 Bolivia -1.50 billion BoP, current US$ compare
- 176 Botswana -1.54 billion 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$) 12.54 % change on previous year (2025)
Frequently asked questions
- What is reserves and related items in Benin?
- Reserves and related items in Benin was -1.22 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest reserves and related items recorded in Benin?
- The highest recorded value was 444.31 million BoP, current US$ in 2017.
- What is the lowest reserves and related items recorded in Benin?
- The lowest recorded value was -1.22 billion BoP, current US$ in 2023.
- How does Benin rank for reserves and related items?
- Benin ranks 173rd out of 195 countries with data for 2023.
- Is reserves and related items rising or falling in Benin?
- Over the last ten years it is down 2,211.2%. 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 Reserves and related items (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Reserves and related items is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency.Also included are net credit and loans from the IMF (excluding reserve position) and total exceptional financing. 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.