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$, in 1998.
That places Benin 57th out of 170 countries with data for 2018, putting it in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Net official development assistance received in Benin, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 266.88 million current US$ | — |
| 1991 | 265.66 million current US$ | -0.5% |
| 1992 | 269.04 million current US$ | +1.3% |
| 1993 | 287.76 million current US$ | +7.0% |
| 1994 | 256.38 million current US$ | -10.9% |
| 1995 | 280.56 million current US$ | +9.4% |
| 1996 | 288.29 million current US$ | +2.8% |
| 1997 | 221.15 million current US$ | -23.3% |
| 1998 | 205.23 million current US$ | -7.2% |
| 1999 | 212.44 million current US$ | +3.5% |
| 2000 | 244.77 million current US$ | +15.2% |
| 2001 | 280.42 million current US$ | +14.6% |
| 2002 | 221.54 million current US$ | -21.0% |
| 2003 | 301.99 million current US$ | +36.3% |
| 2004 | 391.79 million current US$ | +29.7% |
| 2005 | 349.08 million current US$ | -10.9% |
| 2006 | 400.31 million current US$ | +14.7% |
| 2007 | 475.29 million current US$ | +18.7% |
| 2008 | 636.72 million current US$ | +34.0% |
| 2009 | 677.56 million current US$ | +6.4% |
| 2010 | 689.27 million current US$ | +1.7% |
| 2011 | 672.61 million current US$ | -2.4% |
| 2012 | 507.88 million current US$ | -24.5% |
| 2013 | 660.20 million current US$ | +30.0% |
| 2014 | 599.32 million current US$ | -9.2% |
| 2015 | 436.63 million current US$ | -27.1% |
| 2016 | 500.72 million current US$ | +14.7% |
| 2017 | 680.00 million current US$ | +35.8% |
| 2018 | 570.27 million current US$ | -16.1% |
Benin compared with similar countries
- Benin's 570.27 million current US$ is below the median for lower middle income countries, which is 659.93 million current US$, 86% of the median. (47 countries reporting)
- Benin's 570.27 million current US$ is below the median for Sub-Saharan Africa, which is 673.12 million current US$, 85% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 255.34 million current US$ | 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)
- 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 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 170 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.