Short-term debt in Benin
Benin: Short-term debt was 26.7% in 2023. ▲ Rising
Short-term debt in Benin, 1974–2023
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2023, short-term debt in Benin stood at 26.7%.
The figure is down 26.2% on the previous year and down 30.2% over ten years.
Over the whole period, short-term debt in Benin peaked at 53.6% in 1979 and was at its lowest, 3.4%, in 1974.
Benin ranks 25th of 119 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 50 years of available data.
Short-term debt in Benin, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1974 | 3.4% | — |
| 1975 | 3.6% | +4.5% |
| 1976 | 4.2% | +16.3% |
| 1977 | 19.7% | +372.9% |
| 1978 | 37.0% | +88.1% |
| 1979 | 53.6% | +45.1% |
| 1980 | 30.4% | -43.3% |
| 1981 | 18.1% | -40.3% |
| 1982 | 40.4% | +122.3% |
| 1983 | 44.4% | +10.1% |
| 1984 | 30.6% | -31.2% |
| 1985 | 42.6% | +39.3% |
| 1986 | 44.7% | +4.9% |
| 1987 | 45.6% | +2.0% |
| 1988 | 49.0% | +7.4% |
| 1989 | 24.1% | -50.8% |
| 1990 | 14.8% | -38.7% |
| 1991 | 11.4% | -22.9% |
| 1992 | 5.1% | -54.8% |
| 1993 | 5.7% | +11.4% |
| 1994 | 5.5% | -3.4% |
| 1995 | 7.4% | +33.1% |
| 1996 | 6.8% | -7.2% |
| 1997 | 16.0% | +134.6% |
| 1998 | 16.5% | +3.0% |
| 1999 | 28.9% | +74.6% |
| 2000 | 15.4% | -46.5% |
| 2001 | 28.8% | +86.9% |
| 2002 | 36.2% | +25.6% |
| 2003 | 21.5% | -40.6% |
| 2004 | 39.5% | +83.3% |
| 2005 | 32.3% | -18.2% |
| 2006 | 47.1% | +45.8% |
| 2007 | 31.5% | -33.1% |
| 2008 | 29.2% | -7.1% |
| 2009 | 38.5% | +31.9% |
| 2010 | 38.5% | -0.1% |
| 2011 | 40.8% | +6.1% |
| 2012 | 49.5% | +21.1% |
| 2013 | 38.2% | -22.7% |
| 2014 | 41.8% | +9.4% |
| 2015 | 45.5% | +8.8% |
| 2016 | 32.7% | -28.0% |
| 2017 | 27.5% | -16.0% |
| 2018 | 52.5% | +90.8% |
| 2019 | 35.4% | -32.6% |
| 2020 | 39.6% | +11.9% |
| 2021 | 40.6% | +2.5% |
| 2022 | 36.1% | -11.0% |
| 2023 | 26.7% | -26.2% |
Benin compared with similar countries
- Benin's 26.7% is above the median for lower middle income countries, which is 13.3%, 2.0× the median. (43 countries reporting)
- Benin's 26.7% is above the median for Sub-Saharan Africa, which is 9.1%, 2.9× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Short-term debt 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 |
|---|---|---|---|
| 1977 | +372.9% | 4.2% | 19.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.2% | 3.4% | 53.6% | 6 |
| 1980s | 37.0% | 18.1% | 49.0% | 10 |
| 1990s | 11.8% | 5.1% | 28.9% | 10 |
| 2000s | 32.0% | 15.4% | 47.1% | 10 |
| 2010s | 40.2% | 27.5% | 52.5% | 10 |
| 2020s | 35.7% | 26.7% | 40.6% | 4 |
Countries ranked near Benin
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 short-term debt in Benin?
- Short-term debt in Benin was 26.7% in 2023, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Benin?
- The highest recorded value was 53.6% in 1979.
- What is the lowest short-term debt recorded in Benin?
- The lowest recorded value was 3.4% in 1974.
- How does Benin rank for short-term debt?
- Benin ranks 25th out of 119 countries with data for 2023.
- Is short-term debt rising or falling in Benin?
- Over the last ten years it is down 30.2%. The long-run trend across the full record is rising.
- Where does this Benin data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of exports of goods, services and primary income). 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
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.