Debt on Non-concessional terms to GDP in Benin
Benin: Debt on Non-concessional terms to GDP was 3.3% in 2011. ◆ Volatile
Debt on Non-concessional terms to GDP in Benin, 1970–2011
Source: World Bank, Global Development Finance. Measured in % of GDP.
Analysis
In 2011, debt on non-concessional terms to gdp in Benin stood at 3.3%.
Compared with earlier readings it is up 15.6% on the previous year and down 69.3% over ten years.
Over the whole period, debt on non-concessional terms to gdp in Benin peaked at 51.0% in 1985 and was at its lowest, 0.0%, in 1970.
Benin ranks 46th of 50 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt on Non-concessional terms to GDP in Benin, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 3.7% | — |
| 1972 | 3.3% | -9.2% |
| 1973 | 3.2% | -3.2% |
| 1974 | 4.2% | +29.5% |
| 1975 | 3.5% | -15.5% |
| 1976 | 3.5% | -1.2% |
| 1977 | 7.0% | +101.3% |
| 1978 | 11.3% | +60.9% |
| 1979 | 22.5% | +99.3% |
| 1980 | 18.3% | -18.7% |
| 1981 | 24.5% | +33.8% |
| 1982 | 37.2% | +51.7% |
| 1983 | 43.6% | +17.2% |
| 1984 | 41.7% | -4.4% |
| 1985 | 51.0% | +22.3% |
| 1986 | 44.3% | -13.2% |
| 1987 | 44.5% | +0.6% |
| 1988 | 37.2% | -16.5% |
| 1989 | 22.8% | -38.7% |
| 1990 | 15.5% | -31.8% |
| 1991 | 16.0% | +3.3% |
| 1992 | 17.1% | +6.8% |
| 1993 | 13.4% | -22.0% |
| 1994 | 21.2% | +58.7% |
| 1995 | 17.6% | -16.8% |
| 1996 | 13.6% | -23.2% |
| 1997 | 16.8% | +23.9% |
| 1998 | 13.7% | -18.2% |
| 1999 | 14.4% | +4.8% |
| 2000 | 11.7% | -18.5% |
| 2001 | 10.7% | -8.8% |
| 2002 | 9.7% | -9.5% |
| 2003 | 4.6% | -52.4% |
| 2004 | 3.6% | -21.6% |
| 2005 | 2.8% | -23.6% |
| 2006 | 1.5% | -45.6% |
| 2007 | 0.6% | -63.0% |
| 2008 | 1.2% | +121.2% |
| 2009 | 2.7% | +122.2% |
| 2010 | 2.8% | +4.1% |
| 2011 | 3.3% | +15.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.2% | 0.0% | 22.5% | 10 |
| 1980s | 36.5% | 18.3% | 51.0% | 10 |
| 1990s | 15.9% | 13.4% | 21.2% | 10 |
| 2000s | 4.9% | 0.6% | 11.7% | 10 |
| 2010s | 3.1% | 2.8% | 3.3% | 2 |
Countries ranked near Benin
More external debt data for Benin
- IFC, private nonguaranteed 41.44 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 2.87 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0019 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 0 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 4.5% (2024)
- Net financial flows, IDA 448.24 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 30.99 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0209 NFL, current US$ per US$ of GDP (2024)
- Public and publicly guaranteed debt service 15.7% (2023)
- Net financial flows, IDA (NFL, current US$), per square kilometre 3,343 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is debt on non-concessional terms to gdp in Benin?
- Debt on non-concessional terms to gdp in Benin was 3.3% in 2011, according to World Bank, Global Development Finance.
- What is the highest debt on non-concessional terms to gdp recorded in Benin?
- The highest recorded value was 51.0% in 1985.
- What is the lowest debt on non-concessional terms to gdp recorded in Benin?
- The lowest recorded value was 0.0% in 1970.
- How does Benin rank for debt on non-concessional terms to gdp?
- Benin ranks 46th out of 50 countries with data for 2011.
- Is debt on non-concessional terms to gdp rising or falling in Benin?
- Over the last ten years it is down 69.3%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from World Bank, Global Development Finance, published as part of Debt on Non-concessional terms to GDP (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Non-concessional LDOD conveys information about the borrower's receipt of aid from official lenders on non-concessional terms as defined by the Development Assistance Committee (DAC) of the OECD. Concessional debt is defined as loans with an original grant element of 25 percent or more. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. Loans from major regional development banks--African Development Bank, Asian Development Bank, and the Inter-American Development Bank--and from the World Bank are classified as concessional according to each institution's classification and not according to the DAC definition, as was the practice in earlier reports. Long-term debt outstanding and disbursed (LDOD) is the total outstanding long-term debt at year end. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents and repayable in currency, goods, or services. Data are in current U.S. dollars.