Wealth share of the richest 1% in Benin

Benin: Wealth share of the richest 1% was 24.4% in 2024. ▬ Flat

Latest (2024)
24.4%
Change on year
down 0.0%
World rank
158th
of 215 countries
All-time high
33.6%
in 2015
All-time low
24.4%
in 2021
Years of data
45
1980–2024

Wealth share of the richest 1% in Benin, 1980–2024

01020301980200220241980: 27 %1981: 27 %1982: 27 %1983: 27 %1984: 27 %1985: 26.9 %1986: 27 %1987: 27 %1988: 26.9 %1989: 26.9 %1990: 26.9 %1991: 26.9 %1992: 26.9 %1993: 27 %1994: 26.9 %1995: 27 %1996: 26.9 %1997: 26.9 %1998: 27 %1999: 26.9 %2000: 26.9 %2001: 26.9 %2002: 26.9 %2003: 26.9 %2004: 27.7 %2005: 28.1 %2006: 28.4 %2007: 28.7 %2008: 29 %2009: 29.3 %2010: 29.8 %2011: 30 %2012: 30.8 %2013: 31.4 %2014: 32.2 %2015: 33.6 %2016: 30.6 %2017: 28.4 %2018: 25.9 %2019: 25.3 %2020: 24.8 %2021: 24.4 %2022: 24.4 %2023: 24.4 %2024: 24.4 %

Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.

Analysis

In 2024, wealth share of the richest 1% in Benin stood at 24.4%. That is the lowest value across all 45 years on record.

The figure is down 24.3% over ten years.

Over the whole period, wealth share of the richest 1% in Benin peaked at 33.6% in 2015 and was at its lowest, 24.4%, in 2021.

Benin ranks 158th of 215 countries on this measure, in the middle of the range.

Wealth share of the richest 1% in Benin, year by year

Annual values for Wealth share of the richest 1% in Benin, 1980 to 2024.
Year % Change
1980 27.0%
1981 27.0% +0.0%
1982 27.0% +0.0%
1983 27.0% +0.1%
1984 27.0% -0.1%
1985 26.9% -0.1%
1986 27.0% +0.1%
1987 27.0% +0.0%
1988 26.9% -0.1%
1989 26.9% -0.0%
1990 26.9% +0.0%
1991 26.9% -0.0%
1992 26.9% +0.1%
1993 27.0% +0.1%
1994 26.9% -0.1%
1995 27.0% +0.1%
1996 26.9% -0.1%
1997 26.9% +0.1%
1998 27.0% +0.1%
1999 26.9% -0.1%
2000 26.9% +0.1%
2001 26.9% -0.0%
2002 26.9% +0.0%
2003 26.9% +0.0%
2004 27.7% +2.8%
2005 28.1% +1.3%
2006 28.4% +1.3%
2007 28.7% +0.9%
2008 29.0% +1.0%
2009 29.3% +1.3%
2010 29.8% +1.5%
2011 30.0% +0.8%
2012 30.8% +2.6%
2013 31.4% +1.9%
2014 32.2% +2.5%
2015 33.6% +4.4%
2016 30.6% -9.0%
2017 28.4% -7.1%
2018 25.9% -8.7%
2019 25.3% -2.4%
2020 24.8% -2.2%
2021 24.4% -1.5%
2022 24.4% +0.0%
2023 24.4% +0.0%
2024 24.4% -0.0%

Benin compared with similar countries

  • Benin's 24.4% is below the median for lower middle income countries, which is 27.2%, 90% of the median. (47 countries reporting)
  • Benin's 24.4% is below the median for Sub-Saharan Africa, which is 26.3%, 93% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 27.0% 26.9% 27.0% 10
1990s 26.9% 26.9% 27.0% 10
2000s 27.9% 26.9% 29.3% 10
2010s 29.8% 25.3% 33.6% 10
2020s 24.4% 24.4% 24.8% 5

Countries ranked near Benin

  1. 155 Japan 24.6% compare
  2. 156 Cote d'Ivoire 24.6% compare
  3. 157 Nepal 24.4% compare
  4. 159 Lithuania 24.4% compare
  5. 160 Gabon 24.3% compare
  6. 161 North Korea 24.3% compare

See the full ranking of 215 places →

More reference data data for Benin

All data for Benin →

Frequently asked questions

What is wealth share of the richest 1% in Benin?
Wealth share of the richest 1% in Benin was 24.4% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest wealth share of the richest 1% recorded in Benin?
The highest recorded value was 33.6% in 2015.
What is the lowest wealth share of the richest 1% recorded in Benin?
The lowest recorded value was 24.4% in 2021.
How does Benin rank for wealth share of the richest 1%?
Benin ranks 158th out of 215 countries with data for 2024.
Is wealth share of the richest 1% rising or falling in Benin?
Over the last ten years it is down 24.3%. The long-run trend across the full record is flat.
Where does this Benin data come from?
The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Wealth share of the richest 1%. Statizoid updates them automatically from the source API.

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Wealth share of the richest 1% in Benin. Statizoid, drawing on World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/wealth-share-richest/benin/

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About this data

Indicator
Wealth share of the richest 1%
Unit
%
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
215 places, 10,553 data points, 1800–2024
Last refreshed

Share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.