Benin: Adjusted savings, net national savings (current US$)

Key figures

What the numbers say

In 2020, Benin's adjusted savings, net national savings (current US$) rose US$35.01 million on 2019 (from US$1.65 billion to US$1.68 billion).

Across the 30 yearly changes before that (1990 to 2019), the average change was +US$57.01 million and a typical year strayed about US$219.93 million from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was US$524.33 million in 2013 and the biggest yearly fall was US$615.11 million in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2011 to 2020 the straight-line trend is upward, about US$178.7 million a year. A straight line explains 84% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

A straight-line projection, tested first

Extending that straight line gives about US$2.25 billion for 2023. We show this only because the same method, fitted on earlier years, predicted 2018 to 2020 better than "no change" would have: its average miss was US$341.48 million, against US$620.24 million for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2020, Benin had the 7th highest value of the 20 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Benin in the 2020 ranking

• Côte d'Ivoire — 4th of 20: US$11.01 billion
• Tajikistan — 5th of 20: US$2.03 billion
• Mali — 6th of 20: US$1.83 billion
• Zimbabwe — 8th of 20: US$1.57 billion
• Niger — 9th of 20: US$1.32 billion
• Togo — 10th of 20: US$1.24 billion

What this measures

Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.

All 47 values

Adjusted savings, net national savings (current US$) in nearby economies

• Angola — US$22.01 billion (2021)
• Botswana — US$434.8 million (2021)
• Burkina Faso — US$1.53 billion (2019)
• Burundi — −US$226.97 million (2018)
• Cabo Verde — US$402.43 million (2021)
• Cameroon — US$1.35 billion (2021)
• Comoros — US$88.76 million (2021)
• Congo, Dem. Rep. — US$10.99 billion (2021)
• Congo, Rep. — −US$938.81 million (2020)

More economic policy & debt data for Benin

• General government final consumption expenditure (current US$) — US$2.18 billion (2025)
• General government final consumption expenditure (current LCU) — 1.27 trillion (2025)
• General government final consumption expenditure (constant 2015 US$) — US$2.01 billion (2025)
• General government final consumption expenditure (constant LCU) — 1.19 trillion (2025)
• General government final consumption expenditure (% of GDP) — 8.87% (2025)
• Households and NPISHs final consumption expenditure (current US$) — US$14.33 billion (2025)
• Households and NPISHs final consumption expenditure (current LCU) — 8.34 trillion (2025)
• Households and NPISHs final consumption expenditure (constant 2015 US$)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Benin's adjusted savings, net national savings (current US$)?

US$1.68 billion in 2020, according to the World Bank (World Development Indicators).

How has it changed since 1974?

It is up 4,353% from US$37.78 million in 1974 (8.6% a year on average, compounded). The highest value was US$1.68 billion in 2020 and the lowest −US$207.04 million in 2010.

Source

World Bank, World Development Indicators, indicator NY.ADJ.NNAT.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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