Service exports in Benin
Benin: Service exports was 461.10 million BoP, current US$ in 2023. ◆ Volatile
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$, in 1974.
Benin ranks 160th of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 32.59 million BoP, current US$ | 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 Zimbabwe 457.12 million BoP, current US$ compare
- 162 Saint Vincent and the Grenadines 381.78 million BoP, current US$ compare
- 163 Samoa 328.00 million 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 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 198 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.