Saved at a bank or similar financial institution in Benin

Benin: Saved at a bank or similar financial institution was 7.5% in 2024. ▼ Falling

Latest (2024)
7.5%
Change on year
up 46.6%
World rank
66th
of 80 countries
All-time high
9.8%
in 2017
All-time low
5.1%
in 2021
Years of data
5
2011–2024

Saved at a bank or similar financial institution in Benin, 2011–2024

02468102011201720242011: 7 % age 15+2014: 7.1 % age 15+2017: 9.8 % age 15+2021: 5.1 % age 15+2024: 7.5 % age 15+

Source: Global Findex Database. Measured in % age 15+.

Analysis

Benin recorded 7.5% for saved at a bank or similar financial institution in 2024.

That represents a change of up 46.6% on the previous year and up 5.6% over ten years.

Over the whole period, saved at a bank or similar financial institution in Benin peaked at 9.8% in 2017 and was at its lowest, 5.1%, in 2021.

That places Benin 66th out of 80 countries with data for 2024, putting it in the bottom quarter.

Saved at a bank or similar financial institution in Benin, year by year

Annual values for Saved at a bank or similar financial institution (% age 15+) in Benin, 2011 to 2024.
Year % age 15+ Change
2011 7.0%
2014 7.1% +1.8%
2017 9.8% +37.2%
2021 5.1% -47.5%
2024 7.5% +46.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s 8.0% 7.0% 9.8% 3
2020s 6.3% 5.1% 7.5% 2

Countries ranked near Benin

  1. 63 Democratic Republic of Congo 8.5% compare
  2. 64 Egypt 7.9% compare
  3. 65 Tanzania 7.6% compare
  4. 67 Iraq 7.2% compare
  5. 68 Moldova 7.1% compare
  6. 69 Pakistan 7.0% compare

See the full ranking of 90 places →

More reference data data for Benin

All data for Benin →

Frequently asked questions

What is saved at a bank or similar financial institution in Benin?
Saved at a bank or similar financial institution in Benin was 7.5% in 2024, according to Global Findex Database.
What is the highest saved at a bank or similar financial institution recorded in Benin?
The highest recorded value was 9.8% in 2017.
What is the lowest saved at a bank or similar financial institution recorded in Benin?
The lowest recorded value was 5.1% in 2021.
How does Benin rank for saved at a bank or similar financial institution?
Benin ranks 66th out of 80 countries with data for 2024.
Is saved at a bank or similar financial institution rising or falling in Benin?
Over the last ten years it is up 5.6%. The long-run trend across the full record is falling.
Where does this Benin data come from?
The figures come from Global Findex Database, published as part of Saved at a bank or similar financial institution (% age 15+). Statizoid updates them automatically from the source API.

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Saved at a bank or similar financial institution in Benin. Statizoid, drawing on Global Findex Database. Retrieved 27 August 2026, from https://reference.statizoid.com/stat/saved-at-a-bank-or-similar-financial-institution-percent-age-15/benin/

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About this data

Indicator
Saved at a bank or similar financial institution (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
90 places, 450 data points, 2011–2024
Last refreshed

The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution in the past year, (% age 15+)