Service imports (BoP, current US$), annual growth rate in Benin
Benin: Service imports (BoP, current US$), annual growth rate was 63.89 % change on previous year in 2023. ◆ Volatile
Service imports (BoP, current US$), annual growth rate in Benin, 1975–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for service imports (bop, current us$), annual growth rate in Benin is 63.89 % change on previous year, measured in 2023. That is the highest value across all 49 years on record.
That represents a change of up 6,509.1% on the previous year and up 112.3% over ten years.
Over the whole period, service imports (bop, current us$), annual growth rate in Benin peaked at 63.89 % change on previous year in 2023 and was at its lowest, -34.89 % change on previous year, in 2015.
Benin ranks 4th of 199 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports (BoP, current US$), annual growth rate in Benin, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1975 | 42.45 % change on previous year | — |
| 1976 | 5.34 % change on previous year | -87.4% |
| 1977 | 16.88 % change on previous year | +216.0% |
| 1978 | 19.96 % change on previous year | +18.2% |
| 1979 | 11.02 % change on previous year | -44.8% |
| 1980 | 14.41 % change on previous year | +30.8% |
| 1981 | 31.38 % change on previous year | +117.7% |
| 1982 | -6.3 % change on previous year | -120.1% |
| 1983 | -30.84 % change on previous year | +389.3% |
| 1984 | 1.52 % change on previous year | -104.9% |
| 1985 | 18.59 % change on previous year | +1124.5% |
| 1986 | 7.16 % change on previous year | -61.5% |
| 1987 | 16.9 % change on previous year | +136.1% |
| 1988 | -9.23 % change on previous year | -154.6% |
| 1989 | -5.93 % change on previous year | -35.8% |
| 1990 | 9.68 % change on previous year | -263.4% |
| 1991 | 45.18 % change on previous year | +366.5% |
| 1992 | -1.8 % change on previous year | -104.0% |
| 1993 | -5.95 % change on previous year | +229.9% |
| 1994 | 3.61 % change on previous year | -160.6% |
| 1995 | 50.07 % change on previous year | +1288.6% |
| 1996 | -31.72 % change on previous year | -163.4% |
| 1997 | -7.28 % change on previous year | -77.1% |
| 1998 | 11.18 % change on previous year | -253.6% |
| 1999 | 13.66 % change on previous year | +22.2% |
| 2000 | -11.18 % change on previous year | -181.8% |
| 2001 | -0.6121 % change on previous year | -94.5% |
| 2002 | 9.61 % change on previous year | -1670.1% |
| 2003 | 20.87 % change on previous year | +117.1% |
| 2004 | 13.84 % change on previous year | -33.7% |
| 2005 | -2.97 % change on previous year | -121.5% |
| 2006 | 26.64 % change on previous year | -997.3% |
| 2007 | 40.72 % change on previous year | +52.8% |
| 2008 | 2.13 % change on previous year | -94.8% |
| 2009 | -2.77 % change on previous year | -230.1% |
| 2010 | 3.48 % change on previous year | -225.4% |
| 2011 | -2.07 % change on previous year | -159.5% |
| 2012 | 15.97 % change on previous year | -871.7% |
| 2013 | 30.09 % change on previous year | +88.4% |
| 2014 | 16.47 % change on previous year | -45.3% |
| 2015 | -34.89 % change on previous year | -311.9% |
| 2016 | 33.31 % change on previous year | -195.5% |
| 2017 | -9.86 % change on previous year | -129.6% |
| 2018 | 10.83 % change on previous year | -209.8% |
| 2019 | 4.8 % change on previous year | -55.7% |
| 2020 | -1.96 % change on previous year | -140.9% |
| 2021 | 17.86 % change on previous year | -1010.3% |
| 2022 | 0.9667 % change on previous year | -94.6% |
| 2023 | 63.89 % change on previous year | +6509.1% |
Benin compared with similar countries
- Benin's 63.89 % change on previous year is above the median for lower middle income countries, which is 6.03 % change on previous year, 10.6× the median. (47 countries reporting)
- Benin's 63.89 % change on previous year is above the median for Sub-Saharan Africa, which is 4.99 % change on previous year, 12.8× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Service imports (BoP, current US$), annual growth rate in Benin changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +6509.1% | 0.9667 % change on previous year | 63.89 % change on previous year |
| 2002 | +1670.1% | -0.6121 % change on previous year | 9.61 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.13 % change on previous year | 5.34 % change on previous year | 42.45 % change on previous year | 5 |
| 1980s | 3.77 % change on previous year | -30.84 % change on previous year | 31.38 % change on previous year | 10 |
| 1990s | 8.66 % change on previous year | -31.72 % change on previous year | 50.07 % change on previous year | 10 |
| 2000s | 9.63 % change on previous year | -11.18 % change on previous year | 40.72 % change on previous year | 10 |
| 2010s | 6.81 % change on previous year | -34.89 % change on previous year | 33.31 % change on previous year | 10 |
| 2020s | 20.19 % change on previous year | -1.96 % change on previous year | 63.89 % change on previous year | 4 |
Countries ranked near Benin
- 1 Equatorial Guinea 144.35 % change on previous year compare
- 2 Suriname 104.99 % change on previous year compare
- 3 Congo 63.95 % change on previous year compare
- 5 Sri Lanka 47.04 % change on previous year compare
- 6 Nauru 44.21 % change on previous year compare
- 7 Sint Maarten (Dutch part) 40.53 % change on previous year compare
More economy & growth data for Benin
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.42 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.03 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$) 12.54 % change on previous year (2025)
Frequently asked questions
- What is service imports (bop, current us$), annual growth rate in Benin?
- Service imports (bop, current us$), annual growth rate in Benin was 63.89 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest service imports (bop, current us$), annual growth rate recorded in Benin?
- The highest recorded value was 63.89 % change on previous year in 2023.
- What is the lowest service imports (bop, current us$), annual growth rate recorded in Benin?
- The lowest recorded value was -34.89 % change on previous year in 2015.
- How does Benin rank for service imports (bop, current us$), annual growth rate?
- Benin ranks 4th out of 199 countries with data for 2023.
- Is service imports (bop, current us$), annual growth rate rising or falling in Benin?
- Over the last ten years it is up 112.3%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from Statizoid (derived), published as part of Service imports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Service imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Service imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.