Multilateral debt service in Benin
Benin: Multilateral debt service was 21.0% in 2024. ◆ Volatile
Multilateral debt service in Benin, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of public and publicly guaranteed debt service.
Analysis
In 2024, multilateral debt service in Benin stood at 21.0%.
That represents a change of down 43.5% on the previous year and down 73.0% over ten years.
Over the whole period, multilateral debt service in Benin peaked at 96.1% in 2003 and was at its lowest, 0.1%, in 1970.
Benin ranks 97th of 123 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Multilateral debt service in Benin, year by year
| Year | % of public and publicly guaranteed debt service | Change |
|---|---|---|
| 1970 | 0.1% | — |
| 1971 | 0.4% | +564.2% |
| 1972 | 1.6% | +319.1% |
| 1973 | 2.8% | +73.8% |
| 1974 | 1.9% | -30.8% |
| 1975 | 2.7% | +40.8% |
| 1976 | 4.7% | +74.8% |
| 1977 | 7.5% | +59.6% |
| 1978 | 21.6% | +186.6% |
| 1979 | 27.2% | +26.1% |
| 1980 | 26.7% | -2.0% |
| 1981 | 28.8% | +7.9% |
| 1982 | 35.6% | +23.8% |
| 1983 | 25.2% | -29.2% |
| 1984 | 14.3% | -43.1% |
| 1985 | 25.9% | +80.6% |
| 1986 | 22.8% | -12.0% |
| 1987 | 37.5% | +64.5% |
| 1988 | 60.6% | +61.5% |
| 1989 | 58.6% | -3.3% |
| 1990 | 95.6% | +63.1% |
| 1991 | 76.6% | -19.9% |
| 1992 | 80.3% | +4.8% |
| 1993 | 79.8% | -0.6% |
| 1994 | 54.0% | -32.4% |
| 1995 | 54.8% | +1.6% |
| 1996 | 60.2% | +9.9% |
| 1997 | 62.6% | +4.0% |
| 1998 | 56.3% | -10.1% |
| 1999 | 56.5% | +0.4% |
| 2000 | 44.1% | -22.0% |
| 2001 | 65.9% | +49.5% |
| 2002 | 60.9% | -7.6% |
| 2003 | 96.1% | +57.7% |
| 2004 | 90.4% | -5.9% |
| 2005 | 85.4% | -5.6% |
| 2006 | 83.3% | -2.4% |
| 2007 | 90.0% | +8.1% |
| 2008 | 83.8% | -6.9% |
| 2009 | 64.3% | -23.3% |
| 2010 | 84.7% | +31.7% |
| 2011 | 84.7% | -0.1% |
| 2012 | 63.3% | -25.2% |
| 2013 | 53.1% | -16.2% |
| 2014 | 77.9% | +46.8% |
| 2015 | 70.8% | -9.1% |
| 2016 | 74.0% | +4.5% |
| 2017 | 81.1% | +9.6% |
| 2018 | 90.6% | +11.6% |
| 2019 | 61.8% | -31.7% |
| 2020 | 43.3% | -30.0% |
| 2021 | 14.8% | -65.9% |
| 2022 | 38.1% | +158.4% |
| 2023 | 37.2% | -2.5% |
| 2024 | 21.0% | -43.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.0% | 0.1% | 27.2% | 10 |
| 1980s | 33.6% | 14.3% | 60.6% | 10 |
| 1990s | 67.7% | 54.0% | 95.6% | 10 |
| 2000s | 76.4% | 44.1% | 96.1% | 10 |
| 2010s | 74.2% | 53.1% | 90.6% | 10 |
| 2020s | 30.9% | 14.8% | 43.3% | 5 |
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 multilateral debt service in Benin?
- Multilateral debt service in Benin was 21.0% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Benin?
- The highest recorded value was 96.1% in 2003.
- What is the lowest multilateral debt service recorded in Benin?
- The lowest recorded value was 0.1% in 1970.
- How does Benin rank for multilateral debt service?
- Benin ranks 97th out of 123 countries with data for 2024.
- Is multilateral debt service rising or falling in Benin?
- Over the last ten years it is down 73.0%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Multilateral debt service (% of public and publicly guaranteed debt service). Statizoid updates them automatically from the source API.
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About this data
Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity.