Net official development assistance received in Benin
Benin: Net official development assistance received was 570.27 million current US$ in 2018. ▲ Rising
Net official development assistance received in Benin, 1990–2018
Source: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a. Measured in current US$.
Analysis
In 2018, net official development assistance received in Benin stood at 570.27 million current US$.
Compared with earlier readings it is down 16.1% on the previous year and down 10.4% over ten years.
Over the whole period, net official development assistance received in Benin peaked at 689.27 million current US$ in 2010 and was at its lowest, 205.23 million current US$, in 1998.
That places Benin 57th out of 167 countries with data for 2018, putting it in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 255.34 million current US$ | 205.23 million current US$ | 288.29 million current US$ | 10 |
| 2000s | 397.95 million current US$ | 221.54 million current US$ | 677.56 million current US$ | 10 |
| 2010s | 590.77 million current US$ | 436.63 million current US$ | 689.27 million current US$ | 9 |
Countries ranked near Benin
More external debt data for Benin
- IFC, private nonguaranteed 41.44 million NFL, US$ (2024)
- Public and publicly guaranteed debt service 4.5% (2024)
- Net financial flows, IDA 448.24 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 15.7% (2023)
- Use of IMF credit 1.18 billion DOD, current US$ (2024)
- External debt stocks, public and publicly guaranteed (PPG) 8.92 billion DOD, current US$ (2024)
- IBRD loans and IDA credits 2.32 billion DOD, current US$ (2024)
- Net financial flows, bilateral 284.77 million NFL, current US$ (2024)
- Net financial flows, multilateral 804.28 million NFL, current US$ (2024)
- PPG, official creditors 1.09 billion NFL, US$ (2024)
Frequently asked questions
- What is net official development assistance received in Benin?
- Net official development assistance received in Benin was 570.27 million current US$ in 2018, according to Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a.
- What is the highest net official development assistance received recorded in Benin?
- The highest recorded value was 689.27 million current US$ in 2010.
- What is the lowest net official development assistance received recorded in Benin?
- The lowest recorded value was 205.23 million current US$ in 1998.
- How does Benin rank for net official development assistance received?
- Benin ranks 57th out of 167 countries with data for 2018.
- Is net official development assistance received rising or falling in Benin?
- Over the last ten years it is down 10.4%. The long-run trend across the full record is rising.
- Where does this Benin data come from?
- The figures come from Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a, published as part of Net official development assistance received (current US$). Statizoid updates them automatically from the source API.
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About this data
Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent). Data are in current U.S. dollars.