Service imports (BoP, current US$) in Benin
Benin: Service imports (BoP, current US$) was 1.54 billion BoP, current US$ in 2023. ◆ Volatile
Latest (2023)
1.54 billion BoP, current US$
Change on year
up 63.9%
World rank
136th
of 200 countries
All-time high
1.54 billion BoP, current US$
in 2023
All-time low
40.63 million BoP, current US$
in 1974
Years of data
50
1974–2023
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$, in 1974.
That places Benin 136th out of 200 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports (BoP, current US$) in Benin, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 40.63 million BoP, current US$ | — |
| 1975 | 57.88 million BoP, current US$ | +42.4% |
| 1976 | 60.98 million BoP, current US$ | +5.3% |
| 1977 | 71.27 million BoP, current US$ | +16.9% |
| 1978 | 85.49 million BoP, current US$ | +20.0% |
| 1979 | 94.91 million BoP, current US$ | +11.0% |
| 1980 | 108.59 million BoP, current US$ | +14.4% |
| 1981 | 142.67 million BoP, current US$ | +31.4% |
| 1982 | 133.67 million BoP, current US$ | -6.3% |
| 1983 | 92.44 million BoP, current US$ | -30.8% |
| 1984 | 93.85 million BoP, current US$ | +1.5% |
| 1985 | 111.29 million BoP, current US$ | +18.6% |
| 1986 | 119.26 million BoP, current US$ | +7.2% |
| 1987 | 139.42 million BoP, current US$ | +16.9% |
| 1988 | 126.55 million BoP, current US$ | -9.2% |
| 1989 | 119.06 million BoP, current US$ | -5.9% |
| 1990 | 130.59 million BoP, current US$ | +9.7% |
| 1991 | 189.58 million BoP, current US$ | +45.2% |
| 1992 | 186.16 million BoP, current US$ | -1.8% |
| 1993 | 175.09 million BoP, current US$ | -5.9% |
| 1994 | 181.40 million BoP, current US$ | +3.6% |
| 1995 | 272.24 million BoP, current US$ | +50.1% |
| 1996 | 185.88 million BoP, current US$ | -31.7% |
| 1997 | 172.35 million BoP, current US$ | -7.3% |
| 1998 | 191.62 million BoP, current US$ | +11.2% |
| 1999 | 217.79 million BoP, current US$ | +13.7% |
| 2000 | 193.45 million BoP, current US$ | -11.2% |
| 2001 | 192.26 million BoP, current US$ | -0.6% |
| 2002 | 210.74 million BoP, current US$ | +9.6% |
| 2003 | 254.71 million BoP, current US$ | +20.9% |
| 2004 | 289.95 million BoP, current US$ | +13.8% |
| 2005 | 281.34 million BoP, current US$ | -3.0% |
| 2006 | 356.31 million BoP, current US$ | +26.6% |
| 2007 | 501.40 million BoP, current US$ | +40.7% |
| 2008 | 512.09 million BoP, current US$ | +2.1% |
| 2009 | 497.88 million BoP, current US$ | -2.8% |
| 2010 | 515.20 million BoP, current US$ | +3.5% |
| 2011 | 504.54 million BoP, current US$ | -2.1% |
| 2012 | 585.12 million BoP, current US$ | +16.0% |
| 2013 | 761.20 million BoP, current US$ | +30.1% |
| 2014 | 886.56 million BoP, current US$ | +16.5% |
| 2015 | 577.25 million BoP, current US$ | -34.9% |
| 2016 | 769.51 million BoP, current US$ | +33.3% |
| 2017 | 693.64 million BoP, current US$ | -9.9% |
| 2018 | 768.75 million BoP, current US$ | +10.8% |
| 2019 | 805.66 million BoP, current US$ | +4.8% |
| 2020 | 789.86 million BoP, current US$ | -2.0% |
| 2021 | 930.93 million BoP, current US$ | +17.9% |
| 2022 | 939.93 million BoP, current US$ | +1.0% |
| 2023 | 1.54 billion BoP, current US$ | +63.9% |
Benin compared with similar countries
- Benin's 1.54 billion BoP, current US$ is below the median for lower middle income countries, which is 2.40 billion BoP, current US$, 64% of the median. (47 countries reporting)
- Benin's 1.54 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 1.47 billion BoP, current US$, 1.0× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 68.53 million BoP, current US$ | 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
- 133 Zimbabwe 1.66 billion BoP, current US$ compare
- 134 Laos 1.65 billion BoP, current US$ compare
- 135 Bosnia and Herzegovina 1.58 billion BoP, current US$ compare
- 137 Brunei 1.54 billion BoP, current US$ compare
- 138 Burkina Faso 1.47 billion BoP, current US$ compare
- 139 Yemen 1.46 billion 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 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 136th out of 200 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.