Total debt service in Benin
Benin: Total debt service was 5.4% in 2024. ◆ Volatile
Total debt service in Benin, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for total debt service in Benin is 5.4%, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 19.3% on the previous year and up 605.4% over ten years.
Over the whole period, total debt service in Benin peaked at 5.4% in 2024 and was at its lowest, 0.5%, in 1973.
Benin ranks 49th of 121 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total debt service in Benin, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 0.5% | — |
| 1971 | 1.1% | +110.3% |
| 1972 | 0.7% | -34.2% |
| 1973 | 0.5% | -37.2% |
| 1974 | 1.1% | +144.0% |
| 1975 | 0.9% | -19.5% |
| 1976 | 0.6% | -31.7% |
| 1977 | 0.5% | -15.8% |
| 1978 | 0.6% | +7.6% |
| 1979 | 0.5% | -1.5% |
| 1980 | 1.4% | +162.0% |
| 1981 | 1.8% | +22.0% |
| 1982 | 2.0% | +13.1% |
| 1983 | 3.0% | +53.4% |
| 1984 | 4.6% | +52.3% |
| 1985 | 4.8% | +3.4% |
| 1986 | 4.7% | -1.5% |
| 1987 | 2.7% | -43.7% |
| 1988 | 1.8% | -33.3% |
| 1989 | 1.8% | -0.3% |
| 1990 | 1.9% | +9.2% |
| 1991 | 1.5% | -19.9% |
| 1992 | 1.7% | +8.9% |
| 1993 | 1.4% | -16.0% |
| 1994 | 2.5% | +79.4% |
| 1995 | 2.3% | -10.8% |
| 1996 | 1.9% | -16.2% |
| 1997 | 2.3% | +19.0% |
| 1998 | 2.5% | +9.0% |
| 1999 | 2.1% | -13.3% |
| 2000 | 2.2% | +4.8% |
| 2001 | 1.5% | -33.1% |
| 2002 | 1.5% | +3.4% |
| 2003 | 1.1% | -29.3% |
| 2004 | 1.2% | +8.5% |
| 2005 | 0.9% | -22.7% |
| 2006 | 0.9% | -3.4% |
| 2007 | 0.7% | -20.1% |
| 2008 | 0.5% | -26.3% |
| 2009 | 0.6% | +10.6% |
| 2010 | 0.5% | -10.5% |
| 2011 | 3.1% | +496.0% |
| 2012 | 0.7% | -76.9% |
| 2013 | 0.8% | +10.2% |
| 2014 | 0.8% | -2.6% |
| 2015 | 1.9% | +144.8% |
| 2016 | 1.2% | -37.6% |
| 2017 | 1.0% | -14.1% |
| 2018 | 2.2% | +118.6% |
| 2019 | 1.8% | -18.2% |
| 2020 | 1.7% | -5.9% |
| 2021 | 4.4% | +162.4% |
| 2022 | 3.0% | -32.3% |
| 2023 | 4.5% | +51.0% |
| 2024 | 5.4% | +19.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.7% | 0.5% | 1.1% | 10 |
| 1980s | 2.9% | 1.4% | 4.8% | 10 |
| 1990s | 2.0% | 1.4% | 2.5% | 10 |
| 2000s | 1.1% | 0.5% | 2.2% | 10 |
| 2010s | 1.4% | 0.5% | 3.1% | 10 |
| 2020s | 3.8% | 1.7% | 5.4% | 5 |
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)
- Industry (including construction), value added (constant 2015 US$) 9.82 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1466 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 243.18 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 9.82 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 86.7 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 143,771 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 17.12 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5006 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is total debt service in Benin?
- Total debt service in Benin was 5.4% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Benin?
- The highest recorded value was 5.4% in 2024.
- What is the lowest total debt service recorded in Benin?
- The lowest recorded value was 0.5% in 1973.
- How does Benin rank for total debt service?
- Benin ranks 49th out of 121 countries with data for 2024.
- Is total debt service rising or falling in Benin?
- Over the last ten years it is up 605.4%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.