Benin's net capital account (BoP, current US$) was US$58.62 million in 2023, the latest year in the World Bank's World Development Indicators. That is down 68.48% from US$185.97 million in 2013 (10.9% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$58.62 million | 2023 |
| Five years earlier | US$196.5 million | 2018 |
| Ten years earlier | US$185.97 million | 2013 |
| Highest | US$265.73 million | 2011 |
| Lowest | US$5.11 million | 1996 |
| Average since 2014 | US$137.25 million | 2014–2023 |
| First recorded | US$87.33 million |
What the numbers say
In 2023, Benin's net capital account (BoP, current US$) fell 37% on 2022 (from US$92.98 million to US$58.62 million).
Across the 30 yearly changes before that (1993 to 2022), the average change was +67.9% and a typical year strayed about 289.2% from that (the standard deviation). This year's change was 0.4 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 1,532.4% in 1997 and the biggest yearly fall was 93.9% in 1996. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is downward, about US$16.54 million a year. A straight line explains 47% 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 2023, Benin had the 5th highest value of the 11 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 2023 ranking
- South Sudan — 2nd of 11: US$441.15 million
- Senegal — 3rd of 11: US$272.98 million
- Sint Maarten (Dutch part) — 4th of 11: US$99.87 million
- Comoros — 6th of 11: US$38.2 million
- Palau — 7th of 11: US$19.4 million
- Guyana — 8th of 11: US$15.25 million
What this measures
Net capital account records acquisitions and disposals of nonproduced nonfinancial assets, such as land sold to embassies and sales of leases and licenses, as well as capital transfers, including government debt forgiveness. The use of the term capital account in this context is designed to be consistent with the System of National Accounts, which distinguishes between capital transactions and financial transactions. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 36 values
| Year | Net capital account (BoP, current US$) |
|---|---|
| 2023 | 58,622,810 |
| 2022 | 92,984,655 |
| 2021 | 93,480,781 |
| 2020 | 19,742,465 |
| 2019 | 198,487,872 |
| 2018 | 196,503,602 |
| 2017 | 196,131,140 |
| 2016 | 137,643,481 |
| 2015 | 125,364,569 |
| 2014 | 253,576,995 |
| 2013 |
Net capital account (BoP, current US$) in nearby economies
- Angola — −US$5.72 million (2025)
- Botswana — −US$396,586 (2025)
- Burkina Faso — US$393.78 million (2024)
- Burundi — US$131.38 million (2025)
- Cabo Verde — US$26.5 million (2025)
- Cameroon — US$219.61 million (2024)
- Comoros — US$38.2 million (2023)
- Congo, Dem. Rep. — US$761.64 million (2025)
- Congo, Rep. — US$24.84 million (2021)
- Côte d'Ivoire — US$165.3 million (2024)
More economic policy & debt data for Benin
- General government final consumption expenditure (current US$) — 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 net capital account (BoP, current US$)?
- US$58.62 million in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1988?
- It is down 32.87% from US$87.33 million in 1988 (1.13% a year on average, compounded). The highest value was US$265.73 million in 2011 and the lowest US$5.11 million in 1996.
- How does Benin rank?
- 5th highest of 11 economies with data for 2023.
- Is the latest change in net capital account (BoP, current US$) unusual for Benin?
- In 2023, Benin's net capital account (BoP, current US$) fell 37% on 2022 (from US$92.98 million to US$58.62 million). Across the 30 yearly changes before that (1993 to 2022), the average change was +67.9% and a typical year strayed about 289.2% from that (the standard deviation). This year's change was 0.4 standard deviations below 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 BN.TRF.KOGT.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) 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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