Benin's service imports (current US$, BoP) was US$1.54 billion in 2023, the latest year in the World Bank's World Development Indicators. That is up 102.37% from US$761.2 million in 2013 (7.3% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$1.54 billion | 2023 |
| Five years earlier | US$768.75 million | 2018 |
| Ten years earlier | US$761.2 million | 2013 |
| Highest | US$1.54 billion | 2023 |
| Lowest | US$40.63 million | 1974 |
| Average since 2014 | US$870.25 million | 2014–2023 |
| First recorded | US$40.63 million |
What the numbers say
In 2023, Benin's service imports (current US$, BoP) rose 63.9% on 2022 (from US$939.93 million to US$1.54 billion).
Across the 30 yearly changes before that (1993 to 2022), the average change was +7.2% and a typical year strayed about 18.5% from that (the standard deviation). This year's change was 3.1 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 63.9% in 2023 and the biggest yearly fall was 34.9% 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 2014 to 2023 the straight-line trend is upward, about US$57.92 million a year. A straight line explains 46% 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 6th highest value of the 12 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$1.54 billion | 2023 |
| World | US$8.75 trillion | 2025 |
| Sub-Saharan Africa | US$151.53 billion | 2025 |
| Lower middle income | US$424.83 billion | 2025 |
Closest to Benin in the 2023 ranking
- Guyana — 3rd of 12: US$4.95 billion
- Senegal — 4th of 12: US$4.08 billion
- South Sudan — 5th of 12: US$2.19 billion
- Aruba — 7th of 12: US$1.18 billion
- Curaçao — 8th of 12: US$934.55 million
- Sint Maarten (Dutch part) — 9th of 12: US$330.39 million
What this measures
Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 50 values
| Year | Service imports (current US$, BoP) |
|---|---|
| 2023 | 1,540,431,081 |
| 2022 | 939,928,688 |
| 2021 | 930,930,238 |
| 2020 | 789,857,470 |
| 2019 | 805,664,518 |
| 2018 | 768,750,531 |
| 2017 | 693,637,128 |
| 2016 | 769,508,817 |
| 2015 | 577,250,926 |
| 2014 | 886,562,029 |
| 2013 |
Service imports (current US$, BoP) in nearby economies
- Angola — US$8.46 billion (2025)
- Botswana — US$1.3 billion (2025)
- Burkina Faso — US$1.47 billion (2024)
- Burundi — US$406.28 million (2025)
- Cabo Verde — US$349.3 million (2025)
- Cameroon — US$2.4 billion (2024)
- Comoros — US$205.36 million (2023)
- Congo, Dem. Rep. — US$5.02 billion (2025)
- Congo, Rep. — US$1.71 billion (2021)
- Côte d'Ivoire — US$6.63 billion (2024)
- Eswatini
More economic policy & debt data for Benin
- General government final consumption expenditure (current US$) — 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 service imports (current US$, BoP)?
- US$1.54 billion in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1974?
- It is up 3,691% from US$40.63 million in 1974 (7.7% a year on average, compounded). The highest value was US$1.54 billion in 2023 and the lowest US$40.63 million in 1974.
- How does Benin rank?
- 6th highest of 12 economies with data for 2023.
- Is the latest change in service imports (current US$, BoP) unusual for Benin?
- In 2023, Benin's service imports (current US$, BoP) rose 63.9% on 2022 (from US$939.93 million to US$1.54 billion). Across the 30 yearly changes before that (1993 to 2022), the average change was +7.2% and a typical year strayed about 18.5% from that (the standard deviation). This year's change was 3.1 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator BM.GSR.NFSV.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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