Service imports in Benin
Benin: Service imports was 1.54 billion BoP, current US$ in 2023. ◆ Volatile
Service imports in Benin, 1974–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Benin recorded 1.54 billion BoP, current US$ for service imports in 2023. That is the highest value across all 50 years on record.
That represents a change of up 63.9% on the previous year and up 102.4% over ten years.
Over the whole period, service imports in Benin peaked at 1.54 billion BoP, current US$ in 2023 and was at its lowest, 40.63 million BoP, current US$, in 1974.
That places Benin 133rd out of 198 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 68.53 million BoP, current US$ | 40.63 million BoP, current US$ | 94.91 million BoP, current US$ | 6 |
| 1980s | 118.68 million BoP, current US$ | 92.44 million BoP, current US$ | 142.67 million BoP, current US$ | 10 |
| 1990s | 190.27 million BoP, current US$ | 130.59 million BoP, current US$ | 272.24 million BoP, current US$ | 10 |
| 2000s | 329.01 million BoP, current US$ | 192.26 million BoP, current US$ | 512.09 million BoP, current US$ | 10 |
| 2010s | 686.74 million BoP, current US$ | 504.54 million BoP, current US$ | 886.56 million BoP, current US$ | 10 |
| 2020s | 1.05 billion BoP, current US$ | 789.86 million BoP, current US$ | 1.54 billion BoP, current US$ | 4 |
Countries ranked near Benin
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 imports in Benin?
- Service imports in Benin was 1.54 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service imports recorded in Benin?
- The highest recorded value was 1.54 billion BoP, current US$ in 2023.
- What is the lowest service imports recorded in Benin?
- The lowest recorded value was 40.63 million BoP, current US$ in 1974.
- How does Benin rank for service imports?
- Benin ranks 133rd out of 198 countries with data for 2023.
- Is service imports rising or falling in Benin?
- Over the last ten years it is up 102.4%. 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 imports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Imports of services are services provided by non-residents to 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.