Public and publicly guaranteed debt service in Benin
Benin: Public and publicly guaranteed debt service was 4.5% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in Benin, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, public and publicly guaranteed debt service in Benin stood at 4.5%. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 14.9% on the previous year and up 732.3% over ten years.
Over the whole period, public and publicly guaranteed debt service in Benin peaked at 4.5% in 2024 and was at its lowest, 0.3%, in 2008.
That places Benin 25th out of 123 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Public and publicly guaranteed debt service in Benin, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 0.5% | — |
| 1971 | 1.1% | +110.3% |
| 1972 | 0.7% | -34.2% |
| 1973 | 0.5% | -37.2% |
| 1974 | 1.1% | +144.0% |
| 1975 | 0.9% | -19.5% |
| 1976 | 0.6% | -31.7% |
| 1977 | 0.5% | -15.8% |
| 1978 | 0.6% | +7.2% |
| 1979 | 0.5% | -1.7% |
| 1980 | 0.6% | +14.0% |
| 1981 | 0.8% | +25.1% |
| 1982 | 1.2% | +48.0% |
| 1983 | 2.4% | +104.5% |
| 1984 | 3.9% | +63.5% |
| 1985 | 4.0% | +4.4% |
| 1986 | 3.9% | -2.0% |
| 1987 | 1.9% | -52.0% |
| 1988 | 1.1% | -40.9% |
| 1989 | 1.3% | +17.7% |
| 1990 | 1.6% | +24.5% |
| 1991 | 1.4% | -13.9% |
| 1992 | 1.6% | +11.3% |
| 1993 | 1.3% | -14.5% |
| 1994 | 2.4% | +77.8% |
| 1995 | 2.1% | -13.3% |
| 1996 | 1.7% | -17.0% |
| 1997 | 1.9% | +11.8% |
| 1998 | 2.0% | +3.4% |
| 1999 | 1.5% | -24.3% |
| 2000 | 1.7% | +14.1% |
| 2001 | 0.9% | -44.6% |
| 2002 | 1.1% | +10.7% |
| 2003 | 0.7% | -31.3% |
| 2004 | 0.5% | -28.6% |
| 2005 | 0.6% | +14.9% |
| 2006 | 0.6% | -3.9% |
| 2007 | 0.4% | -36.7% |
| 2008 | 0.3% | -24.7% |
| 2009 | 0.4% | +65.3% |
| 2010 | 0.4% | -8.8% |
| 2011 | 0.4% | -2.0% |
| 2012 | 0.5% | +26.5% |
| 2013 | 0.7% | +28.6% |
| 2014 | 0.5% | -17.4% |
| 2015 | 0.6% | +13.8% |
| 2016 | 0.8% | +22.7% |
| 2017 | 0.7% | -8.8% |
| 2018 | 1.5% | +115.6% |
| 2019 | 1.3% | -10.1% |
| 2020 | 1.4% | +1.9% |
| 2021 | 4.2% | +207.9% |
| 2022 | 2.6% | -36.8% |
| 2023 | 3.9% | +48.1% |
| 2024 | 4.5% | +14.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.7% | 0.5% | 1.1% | 10 |
| 1980s | 2.1% | 0.6% | 4.0% | 10 |
| 1990s | 1.8% | 1.3% | 2.4% | 10 |
| 2000s | 0.7% | 0.3% | 1.7% | 10 |
| 2010s | 0.7% | 0.4% | 1.5% | 10 |
| 2020s | 3.3% | 1.4% | 4.5% | 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)
- 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)
- Net financial flows, IDA (NFL, current US$), annual growth rate 18.91 % change on previous year (2024)
Frequently asked questions
- What is public and publicly guaranteed debt service in Benin?
- Public and publicly guaranteed debt service in Benin was 4.5% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Benin?
- The highest recorded value was 4.5% in 2024.
- What is the lowest public and publicly guaranteed debt service recorded in Benin?
- The lowest recorded value was 0.3% in 2008.
- How does Benin rank for public and publicly guaranteed debt service?
- Benin ranks 25th out of 123 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Benin?
- Over the last ten years it is up 732.3%. 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 Public and publicly guaranteed debt service (% of GNI). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Public and publicly guaranteed debt service to gross national income. 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. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.