Benin's debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) was US$952.67 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 1,239% from US$71.15 million in 2014 (29.62% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$952.67 million | 2024 |
| Five years earlier | US$190.05 million | 2019 |
| Ten years earlier | US$71.15 million | 2014 |
| Highest | US$952.67 million | 2024 |
| Lowest | US$1.75 million | 1970 |
| Average since 2015 | US$375.16 million | 2015–2024 |
| First recorded | US$1.75 million |
What the numbers say
In 2024, Benin's debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) rose 25.3% on 2023 (from US$760.03 million to US$952.67 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was +19.6% and a typical year strayed about 55.4% from that (the standard deviation). This year's change was 0.1 standard deviations above 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 246.1% in 2021 and the biggest yearly fall was 43.8% in 1987. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about US$97.4 million a year. A straight line explains 81% 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.
How it compares
In 2024, Benin had the 50th highest value of the 120 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.
| Value | Year | |
|---|---|---|
| Benin | US$952.67 million | 2024 |
| Lower middle income | US$142.27 billion | 2024 |
Closest to Benin in the 2024 ranking
- Ethiopia — 46th of 120: US$1.09 billion
- Congo, Rep. — 47th of 120: US$1.05 billion
- Mauritius — 48th of 120: US$1.03 billion
- Mozambique — 50th of 120: US$948.86 million
- Turkmenistan — 51st of 120: US$948.8 million
- Honduras — 52nd of 120: US$923.9 million
What this measures
Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 55 values
| Year | Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) |
|---|---|
| 2024 | 952,672,658 |
| 2023 | 760,027,100 |
| 2022 | 455,380,329 |
| 2021 | 728,615,887 |
| 2020 | 210,515,686 |
| 2019 | 190,054,789 |
| 2018 | 209,720,557 |
| 2017 | 86,766,233 |
| 2016 | 88,519,733 |
| 2015 | 69,327,300 |
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) in nearby economies
- Angola — US$9.86 billion (2024)
- Botswana — US$253.41 million (2024)
- Burkina Faso — US$295.93 million (2024)
- Burundi — US$21.19 million (2024)
- Cabo Verde — US$128.71 million (2024)
- Cameroon — US$1.4 billion (2024)
- Central African Republic — US$14.07 million (2024)
- Chad
More economic policy & debt data for Benin
- General government final consumption expenditure (current US$) — 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
Questions people ask
- What is Benin's debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$)?
- US$952.67 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 54,440% from US$1.75 million in 1970 (12.38% a year on average, compounded). The highest value was US$952.67 million in 2024 and the lowest US$1.75 million in 1970.
- How does Benin rank?
- 50th highest of 120 economies with data for 2024.
- Is the latest change in debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) unusual for Benin?
- In 2024, Benin's debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) rose 25.3% on 2023 (from US$760.03 million to US$952.67 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +19.6% and a typical year strayed about 55.4% from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator DT.TDS.DPPG.CD, licensed CC BY 4.0. Original source: International Debt Statistics, 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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