Service exports (BoP, current US$) in Benin
Benin: Service exports (BoP, current US$) was 461.10 million BoP, current US$ in 2023. ◆ Volatile
Latest (2023)
461.10 million BoP, current US$
Change on year
down 16.5%
World rank
160th
of 200 countries
All-time high
552.14 million BoP, current US$
in 2022
All-time low
22.01 million BoP, current US$
in 1974
Years of data
50
1974–2023
Service exports in Benin, 1974–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, service exports in Benin stood at 461.10 million BoP, current US$.
The figure is down 16.5% on the previous year and down 10.4% over ten years.
Over the whole period, service exports in Benin peaked at 552.14 million BoP, current US$ in 2022 and was at its lowest, 22.01 million BoP, current US$, in 1974.
Benin ranks 160th of 200 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$) in Benin, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 22.01 million BoP, current US$ | — |
| 1975 | 28.13 million BoP, current US$ | +27.8% |
| 1976 | 30.83 million BoP, current US$ | +9.6% |
| 1977 | 32.55 million BoP, current US$ | +5.6% |
| 1978 | 38.67 million BoP, current US$ | +18.8% |
| 1979 | 43.36 million BoP, current US$ | +12.1% |
| 1980 | 62.29 million BoP, current US$ | +43.6% |
| 1981 | 66.81 million BoP, current US$ | +7.3% |
| 1982 | 48.01 million BoP, current US$ | -28.1% |
| 1983 | 50.17 million BoP, current US$ | +4.5% |
| 1984 | 58.32 million BoP, current US$ | +16.3% |
| 1985 | 37.62 million BoP, current US$ | -35.5% |
| 1986 | 71.61 million BoP, current US$ | +90.4% |
| 1987 | 90.84 million BoP, current US$ | +26.8% |
| 1988 | 114.35 million BoP, current US$ | +25.9% |
| 1989 | 100.47 million BoP, current US$ | -12.1% |
| 1990 | 126.37 million BoP, current US$ | +25.8% |
| 1991 | 145.99 million BoP, current US$ | +15.5% |
| 1992 | 156.05 million BoP, current US$ | +6.9% |
| 1993 | 146.57 million BoP, current US$ | -6.1% |
| 1994 | 142.17 million BoP, current US$ | -3.0% |
| 1995 | 194.33 million BoP, current US$ | +36.7% |
| 1996 | 126.15 million BoP, current US$ | -35.1% |
| 1997 | 115.99 million BoP, current US$ | -8.1% |
| 1998 | 142.33 million BoP, current US$ | +22.7% |
| 1999 | 176.93 million BoP, current US$ | +24.3% |
| 2000 | 136.39 million BoP, current US$ | -22.9% |
| 2001 | 147.23 million BoP, current US$ | +7.9% |
| 2002 | 152.90 million BoP, current US$ | +3.9% |
| 2003 | 172.72 million BoP, current US$ | +13.0% |
| 2004 | 216.03 million BoP, current US$ | +25.1% |
| 2005 | 193.84 million BoP, current US$ | -10.3% |
| 2006 | 217.26 million BoP, current US$ | +12.1% |
| 2007 | 301.93 million BoP, current US$ | +39.0% |
| 2008 | 349.44 million BoP, current US$ | +15.7% |
| 2009 | 221.82 million BoP, current US$ | -36.5% |
| 2010 | 376.83 million BoP, current US$ | +69.9% |
| 2011 | 411.70 million BoP, current US$ | +9.3% |
| 2012 | 433.91 million BoP, current US$ | +5.4% |
| 2013 | 514.53 million BoP, current US$ | +18.6% |
| 2014 | 479.24 million BoP, current US$ | -6.9% |
| 2015 | 344.12 million BoP, current US$ | -28.2% |
| 2016 | 354.18 million BoP, current US$ | +2.9% |
| 2017 | 333.74 million BoP, current US$ | -5.8% |
| 2018 | 503.30 million BoP, current US$ | +50.8% |
| 2019 | 528.46 million BoP, current US$ | +5.0% |
| 2020 | 510.37 million BoP, current US$ | -3.4% |
| 2021 | 511.58 million BoP, current US$ | +0.2% |
| 2022 | 552.14 million BoP, current US$ | +7.9% |
| 2023 | 461.10 million BoP, current US$ | -16.5% |
Benin compared with similar countries
- Benin's 461.10 million BoP, current US$ is below the median for lower middle income countries, which is 1.27 billion BoP, current US$, 36% of the median. (47 countries reporting)
- Benin's 461.10 million BoP, current US$ is below the median for Sub-Saharan Africa, which is 514.12 million BoP, current US$, 90% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 32.59 million BoP, current US$ | 22.01 million BoP, current US$ | 43.36 million BoP, current US$ | 6 |
| 1980s | 70.05 million BoP, current US$ | 37.62 million BoP, current US$ | 114.35 million BoP, current US$ | 10 |
| 1990s | 147.29 million BoP, current US$ | 115.99 million BoP, current US$ | 194.33 million BoP, current US$ | 10 |
| 2000s | 210.96 million BoP, current US$ | 136.39 million BoP, current US$ | 349.44 million BoP, current US$ | 10 |
| 2010s | 428.00 million BoP, current US$ | 333.74 million BoP, current US$ | 528.46 million BoP, current US$ | 10 |
| 2020s | 508.80 million BoP, current US$ | 461.10 million BoP, current US$ | 552.14 million BoP, current US$ | 4 |
Countries ranked near Benin
- 157 South Sudan 484.47 million BoP, current US$ compare
- 158 Yemen 465.63 million BoP, current US$ compare
- 159 Brunei 463.22 million BoP, current US$ compare
- 161 Gambia 461.00 million BoP, current US$ compare
- 162 Zimbabwe 457.12 million BoP, current US$ compare
- 163 Saint Vincent and the Grenadines 381.78 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 service exports in Benin?
- Service exports in Benin was 461.10 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Benin?
- The highest recorded value was 552.14 million BoP, current US$ in 2022.
- What is the lowest service exports recorded in Benin?
- The lowest recorded value was 22.01 million BoP, current US$ in 1974.
- How does Benin rank for service exports?
- Benin ranks 160th out of 200 countries with data for 2023.
- Is service exports rising or falling in Benin?
- Over the last ten years it is down 10.4%. 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 Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of services are services provided by residents to non-residents. 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.