Interest on external debt in Benin
Benin: Interest on external debt was 5.00 billion current LCU in 2005. ▼ Falling
Interest on external debt in Benin, 1989–2005
Source: World Bank country economists. Measured in current LCU.
Analysis
In 2005, interest on external debt in Benin stood at 5.00 billion current LCU. That is the lowest value across all 17 years on record.
The figure is down 13.5% on the previous year and down 80.1% over ten years.
Over the whole period, interest on external debt in Benin peaked at 25.19 billion current LCU in 1995 and was at its lowest, 5.00 billion current LCU, in 2005.
Benin ranks 23rd of 50 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Interest on external debt in Benin, year by year
| Year | current LCU | Change |
|---|---|---|
| 1989 | 12.20 billion current LCU | — |
| 1990 | 10.60 billion current LCU | -13.1% |
| 1991 | 8.70 billion current LCU | -17.9% |
| 1992 | 16.00 billion current LCU | +83.9% |
| 1993 | 11.28 billion current LCU | -29.5% |
| 1994 | 22.51 billion current LCU | +99.5% |
| 1995 | 25.19 billion current LCU | +11.9% |
| 1996 | 24.14 billion current LCU | -4.1% |
| 1997 | 18.38 billion current LCU | -23.9% |
| 1998 | 11.73 billion current LCU | -36.2% |
| 1999 | 11.59 billion current LCU | -1.2% |
| 2000 | 12.44 billion current LCU | +7.3% |
| 2001 | 13.46 billion current LCU | +8.2% |
| 2002 | 14.34 billion current LCU | +6.5% |
| 2003 | 11.30 billion current LCU | -21.2% |
| 2004 | 5.78 billion current LCU | -48.8% |
| 2005 | 5.00 billion current LCU | -13.5% |
Benin compared with similar countries
- Benin's 5.00 billion current LCU is above the median for Sub-Saharan Africa, which is 4.02 billion current LCU, 1.2× the median. (46 countries reporting)
- Benin's 5.00 billion current LCU is above the median for lower middle income countries, which is 5.00 billion current LCU, 1.0× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 12.20 billion current LCU | 12.20 billion current LCU | 12.20 billion current LCU | 1 |
| 1990s | 16.01 billion current LCU | 8.70 billion current LCU | 25.19 billion current LCU | 10 |
| 2000s | 10.39 billion current LCU | 5.00 billion current LCU | 14.34 billion current LCU | 6 |
Countries ranked near Benin
More science & technology data for Benin
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 125.94 (2024)
- Mobile cellular subscriptions by country, per capita 1.26 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0008 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 18.21 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 145.21 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 8.54 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 11.24 % change on previous year (2024)
- Scientific and technical journal articles 437.17 (2023)
- Scientific and technical journal articles, per capita 0 units per person (2023)
Frequently asked questions
- What is interest on external debt in Benin?
- Interest on external debt in Benin was 5.00 billion current LCU in 2005, according to World Bank country economists.
- What is the highest interest on external debt recorded in Benin?
- The highest recorded value was 25.19 billion current LCU in 1995.
- What is the lowest interest on external debt recorded in Benin?
- The lowest recorded value was 5.00 billion current LCU in 2005.
- How does Benin rank for interest on external debt?
- Benin ranks 23rd out of 50 countries with data for 2005.
- Is interest on external debt rising or falling in Benin?
- Over the last ten years it is down 80.1%. The long-run trend across the full record is falling.
- Where does this Benin data come from?
- The figures come from World Bank country economists, published as part of Interest on external debt (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest on external debt (current LCU). Data are in current local currency.