Bank or similar financial institution account, out of laborforce in Benin

Benin: Bank or similar financial institution account, out of laborforce was 8.6% in 2024. ▲ Rising

Latest (2024)
8.6%
Change on year
down 43.1%
World rank
97th
of 98 countries
All-time high
19.9%
in 2017
All-time low
4.4%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, out of laborforce in Benin, 2011–2024

51015202011201720242011: 4.4 % age 15+2014: 10 % age 15+2017: 19.9 % age 15+2021: 15.2 % age 15+2024: 8.6 % age 15+

Source: World Bank. Measured in % age 15+.

Analysis

The most recent figure for bank or similar financial institution account, out of laborforce in Benin is 8.6%, measured in 2024.

That represents a change of down 43.1% on the previous year and down 13.6% over ten years.

Over the whole period, bank or similar financial institution account, out of laborforce in Benin peaked at 19.9% in 2017 and was at its lowest, 4.4%, in 2011.

Benin ranks 97th of 98 countries on this measure, in the bottom quarter.

Bank or similar financial institution account, out of laborforce in Benin, year by year

Annual values for Bank or similar financial institution account, out of laborforce (% age 15+) in Benin, 2011 to 2024.
Year % age 15+ Change
2011 4.4%
2014 10.0% +127.3%
2017 19.9% +99.3%
2021 15.2% -23.8%
2024 8.6% -43.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 11.4% 4.4% 19.9% 3
2020s 11.9% 8.6% 15.2% 2

Countries ranked near Benin

  1. 94 Sierra Leone 11.7% compare
  2. 95 Lebanon 10.9% compare
  3. 96 Congo 9.6% compare
  4. 98 Malawi 8.2% compare

See the full ranking of 110 places →

More reference data data for Benin

All data for Benin →

Frequently asked questions

What is bank or similar financial institution account, out of laborforce in Benin?
Bank or similar financial institution account, out of laborforce in Benin was 8.6% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, out of laborforce recorded in Benin?
The highest recorded value was 19.9% in 2017.
What is the lowest bank or similar financial institution account, out of laborforce recorded in Benin?
The lowest recorded value was 4.4% in 2011.
How does Benin rank for bank or similar financial institution account, out of laborforce?
Benin ranks 97th out of 98 countries with data for 2024.
Is bank or similar financial institution account, out of laborforce rising or falling in Benin?
Over the last ten years it is down 13.6%. The long-run trend across the full record is rising.
Where does this Benin data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, out of laborforce (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, out of laborforce in Benin. Statizoid. Retrieved 09 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-out-of-laborforce-percent-age-15/benin/

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About this data

Indicator
Bank or similar financial institution account, out of laborforce (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
110 places, 550 data points, 2011–2024
Last refreshed