External borrowing, net in Benin
Benin: External borrowing, net was 52.88 billion current LCU in 2005. ◆ Volatile
External borrowing, net in Benin, 1989–2005
Source: World Bank country economists. Measured in current LCU.
Analysis
Benin recorded 52.88 billion current LCU for external borrowing, net in 2005.
Compared with earlier readings it is up 35.2% on the previous year and down 36.7% over ten years.
Over the whole period, external borrowing, net in Benin peaked at 133.90 billion current LCU in 1989 and was at its lowest, 7.20 billion current LCU, in 1997.
That places Benin 15th out of 50 countries with data for 2005, 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 |
|---|---|---|---|---|
| 1980s | 133.90 billion current LCU | 133.90 billion current LCU | 133.90 billion current LCU | 1 |
| 1990s | 48.23 billion current LCU | 7.20 billion current LCU | 86.30 billion current LCU | 10 |
| 2000s | 45.52 billion current LCU | 26.20 billion current LCU | 57.90 billion current LCU | 6 |
Countries ranked near Benin
- 12 Rwanda 133.18 billion current LCU compare
- 13 South Africa 111.84 billion current LCU compare
- 14 Burkina Faso 108.53 billion current LCU compare
- 16 Burundi 46.45 billion current LCU compare
- 17 Mauritania 32.60 billion current LCU compare
- 18 Niger 28.90 billion current LCU compare
More science & technology data for Benin
- Scientific and technical journal articles 437.17 (2023)
- Mobile phone subscriptions 18.21 million (2024)
- Mobile phone subscriptions per 100 people 125.94 per 100 people (2024)
- Mobile and landline phone subscriptions per 100 people 125.94 per 100 people (2024)
- Share of the population using the Internet 34.0% (2024)
- Number of people using the Internet 3.78 million users (2021)
- Landline Internet subscriptions per 100 people 0.2774 per 100 people (2024)
- Landline Internet subscriptions 40,117 (2024)
- Landline Internet subscriptions per 100 people, by download speed 0.17 per 100 population (2023)
- Net official development assistance to medical research and basic health sectors 74.64 million millions of constant united states dollars (2023)
Frequently asked questions
- What is external borrowing, net in Benin?
- External borrowing, net in Benin was 52.88 billion current LCU in 2005, according to World Bank country economists.
- What is the highest external borrowing, net recorded in Benin?
- The highest recorded value was 133.90 billion current LCU in 1989.
- What is the lowest external borrowing, net recorded in Benin?
- The lowest recorded value was 7.20 billion current LCU in 1997.
- How does Benin rank for external borrowing, net?
- Benin ranks 15th out of 50 countries with data for 2005.
- Is external borrowing, net rising or falling in Benin?
- Over the last ten years it is down 36.7%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from World Bank country economists, published as part of External borrowing, net (current LCU). Statizoid updates them automatically from the source API.
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About this data
Financing from abroad (obtained from nonresidents) refer to the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. It includes all government liabilities--other. Data are in current local currency.