Remittances, annual growth rate in Benin
Benin: Remittances, annual growth rate was 19.75 % change on previous year in 2023. ◆ Volatile
Remittances, annual growth rate in Benin, 1975–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Benin recorded 19.75 % change on previous year for remittances, annual growth rate in 2023.
That represents a change of up 96.0% on the previous year and up 200.0% over ten years.
Over the whole period, remittances, annual growth rate in Benin peaked at 119.43 % change on previous year in 2005 and was at its lowest, -43.83 % change on previous year, in 1999.
Benin ranks 17th of 189 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Remittances, annual growth rate in Benin, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1975 | 95.26 % change on previous year | — |
| 1976 | 54.48 % change on previous year | -42.8% |
| 1977 | 30.12 % change on previous year | -44.7% |
| 1978 | 15.9 % change on previous year | -47.2% |
| 1979 | 1.53 % change on previous year | -90.3% |
| 1980 | -10.86 % change on previous year | -807.8% |
| 1981 | -12.36 % change on previous year | +13.8% |
| 1982 | -39.31 % change on previous year | +218.1% |
| 1983 | 37.34 % change on previous year | -195.0% |
| 1984 | -0.023 % change on previous year | -100.1% |
| 1985 | -3.73 % change on previous year | +16127.6% |
| 1986 | -1.27 % change on previous year | -65.9% |
| 1987 | 1.34 % change on previous year | -205.3% |
| 1988 | 13.87 % change on previous year | +936.4% |
| 1989 | 38.52 % change on previous year | +177.7% |
| 1990 | -15.2 % change on previous year | -139.5% |
| 1991 | 15.19 % change on previous year | -199.9% |
| 1992 | 35.38 % change on previous year | +132.9% |
| 1993 | -40.46 % change on previous year | -214.3% |
| 1994 | 16.96 % change on previous year | -141.9% |
| 1995 | -18.56 % change on previous year | -209.5% |
| 1996 | -21.13 % change on previous year | +13.8% |
| 1997 | -14.06 % change on previous year | -33.4% |
| 1998 | 17.53 % change on previous year | -224.6% |
| 1999 | -43.83 % change on previous year | -350.1% |
| 2000 | 19.58 % change on previous year | -144.7% |
| 2001 | -7.13 % change on previous year | -136.4% |
| 2002 | -19.91 % change on previous year | +179.2% |
| 2003 | -42.92 % change on previous year | +115.6% |
| 2004 | -1.55 % change on previous year | -96.4% |
| 2005 | 119.43 % change on previous year | -7801.6% |
| 2006 | 24.34 % change on previous year | -79.6% |
| 2007 | 5.96 % change on previous year | -75.5% |
| 2008 | -27.95 % change on previous year | -568.8% |
| 2009 | -38.86 % change on previous year | +39.0% |
| 2010 | 12.72 % change on previous year | -132.7% |
| 2011 | 10.01 % change on previous year | -21.3% |
| 2012 | 15.81 % change on previous year | +57.9% |
| 2013 | 6.58 % change on previous year | -58.4% |
| 2014 | 15.38 % change on previous year | +133.7% |
| 2015 | -17.89 % change on previous year | -216.3% |
| 2016 | -0.393 % change on previous year | -97.8% |
| 2017 | -17.82 % change on previous year | +4435.9% |
| 2018 | -9.59 % change on previous year | -46.2% |
| 2019 | 8.2 % change on previous year | -185.5% |
| 2020 | -13.49 % change on previous year | -264.4% |
| 2021 | 0.082 % change on previous year | -100.6% |
| 2022 | 10.07 % change on previous year | +12181.5% |
| 2023 | 19.75 % change on previous year | +96.0% |
Benin compared with similar countries
- Benin's 19.75 % change on previous year is above the median for lower middle income countries, which is -0.8794 % change on previous year. (47 countries reporting)
- Benin's 19.75 % change on previous year is above the median for Sub-Saharan Africa, which is -0.6476 % change on previous year. (44 countries reporting)
Biggest year-on-year movements
Years where Remittances, annual growth rate in Benin changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1985 | -16127.6% | -0.023 % change on previous year | -3.73 % change on previous year |
| 2022 | +12181.5% | 0.082 % change on previous year | 10.07 % change on previous year |
| 2005 | +7801.6% | -1.55 % change on previous year | 119.43 % change on previous year |
| 2017 | -4435.9% | -0.393 % change on previous year | -17.82 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 39.46 % change on previous year | 1.53 % change on previous year | 95.26 % change on previous year | 5 |
| 1980s | 2.35 % change on previous year | -39.31 % change on previous year | 38.52 % change on previous year | 10 |
| 1990s | -6.82 % change on previous year | -43.83 % change on previous year | 35.38 % change on previous year | 10 |
| 2000s | 3.1 % change on previous year | -42.92 % change on previous year | 119.43 % change on previous year | 10 |
| 2010s | 2.3 % change on previous year | -17.89 % change on previous year | 15.81 % change on previous year | 10 |
| 2020s | 4.1 % change on previous year | -13.49 % change on previous year | 19.75 % change on previous year | 4 |
Countries ranked near Benin
- 14 Paraguay 21.9 % change on previous year compare
- 15 Bangladesh 21.41 % change on previous year compare
- 16 Kuwait 20.12 % change on previous year compare
- 18 Togo 19.6 % change on previous year compare
- 19 Madagascar 18.9 % change on previous year compare
- 20 Lithuania 17.19 % change on previous year compare
More reference data data for Benin
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1979 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.67 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.03 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1562 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.03 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.6635 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.5244 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 8.56 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 10.71 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.8505 (2050)
Frequently asked questions
- What is remittances, annual growth rate in Benin?
- Remittances, annual growth rate in Benin was 19.75 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest remittances, annual growth rate recorded in Benin?
- The highest recorded value was 119.43 % change on previous year in 2005.
- What is the lowest remittances, annual growth rate recorded in Benin?
- The lowest recorded value was -43.83 % change on previous year in 1999.
- How does Benin rank for remittances, annual growth rate?
- Benin ranks 17th out of 189 countries with data for 2023.
- Is remittances, annual growth rate rising or falling in Benin?
- Over the last ten years it is up 200.0%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from Statizoid (derived), published as part of Remittances, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Remittances Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.