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$, in 2023.
Benin ranks 171st of 193 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -7.80 million BoP, current US$ | -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
- 168 Zambia -829.98 million BoP, current US$ compare
- 169 Angola -937.09 million BoP, current US$ compare
- 170 Haiti -1.16 billion BoP, current US$ compare
- 172 Yemen -1.37 billion BoP, current US$ compare
- 173 Bolivia -1.50 billion BoP, current US$ compare
- 174 Botswana -1.54 billion 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 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 171st out of 193 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.