Short-term debt (% of total external debt) in Benin
Benin: Short-term debt (% of total external debt) was 9.0% in 2024. ◆ Volatile
Short-term debt in Benin, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
In 2024, short-term debt in Benin stood at 9.0%.
That represents a change of down 13.2% on the previous year and down 75.6% over ten years.
Over the whole period, short-term debt in Benin peaked at 36.7% in 2014 and was at its lowest, 2.0%, in 1970.
Benin ranks 64th of 122 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt (% of total external debt) in Benin, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 2.0% | — |
| 1971 | 2.4% | +17.7% |
| 1972 | 4.3% | +77.6% |
| 1973 | 3.2% | -24.3% |
| 1974 | 3.7% | +16.1% |
| 1975 | 4.4% | +18.3% |
| 1976 | 3.5% | -20.3% |
| 1977 | 15.3% | +332.9% |
| 1978 | 21.9% | +43.3% |
| 1979 | 21.6% | -1.6% |
| 1980 | 15.5% | -28.3% |
| 1981 | 15.5% | +0.6% |
| 1982 | 10.3% | -33.6% |
| 1983 | 10.4% | +1.0% |
| 1984 | 11.6% | +11.3% |
| 1985 | 16.2% | +39.1% |
| 1986 | 16.5% | +2.1% |
| 1987 | 16.9% | +2.3% |
| 1988 | 12.9% | -23.3% |
| 1989 | 6.6% | -48.9% |
| 1990 | 5.0% | -24.4% |
| 1991 | 5.4% | +7.6% |
| 1992 | 2.3% | -57.3% |
| 1993 | 2.6% | +13.5% |
| 1994 | 2.2% | -14.1% |
| 1995 | 3.4% | +50.3% |
| 1996 | 3.4% | +1.1% |
| 1997 | 6.6% | +94.0% |
| 1998 | 6.6% | +0.3% |
| 1999 | 11.6% | +74.7% |
| 2000 | 5.7% | -50.9% |
| 2001 | 9.6% | +69.5% |
| 2002 | 12.2% | +26.8% |
| 2003 | 9.3% | -23.8% |
| 2004 | 16.0% | +71.9% |
| 2005 | 13.7% | -14.2% |
| 2006 | 36.7% | +167.1% |
| 2007 | 29.2% | -20.4% |
| 2008 | 28.9% | -0.9% |
| 2009 | 28.6% | -1.0% |
| 2010 | 28.8% | +0.8% |
| 2011 | 33.0% | +14.4% |
| 2012 | 36.5% | +10.6% |
| 2013 | 33.0% | -9.5% |
| 2014 | 36.7% | +11.3% |
| 2015 | 35.7% | -2.7% |
| 2016 | 25.8% | -27.7% |
| 2017 | 19.2% | -25.7% |
| 2018 | 30.1% | +56.8% |
| 2019 | 18.9% | -37.2% |
| 2020 | 17.3% | -8.6% |
| 2021 | 17.3% | +0.2% |
| 2022 | 15.2% | -12.5% |
| 2023 | 10.3% | -31.9% |
| 2024 | 9.0% | -13.2% |
Benin compared with similar countries
- Benin's 9.0% is above the median for lower middle income countries, which is 9.0%, 1.0× the median. (43 countries reporting)
- Benin's 9.0% is above the median for Sub-Saharan Africa, which is 5.2%, 1.7× the median. (44 countries reporting)
Biggest year-on-year movements
Years where Short-term debt (% of total external debt) in Benin changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +332.9% | 3.5% | 15.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.2% | 2.0% | 21.9% | 10 |
| 1980s | 13.2% | 6.6% | 16.9% | 10 |
| 1990s | 4.9% | 2.2% | 11.6% | 10 |
| 2000s | 19.0% | 5.7% | 36.7% | 10 |
| 2010s | 29.8% | 18.9% | 36.7% | 10 |
| 2020s | 13.8% | 9.0% | 17.3% | 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 short-term debt in Benin?
- Short-term debt in Benin was 9.0% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Benin?
- The highest recorded value was 36.7% in 2014.
- What is the lowest short-term debt recorded in Benin?
- The lowest recorded value was 2.0% in 1970.
- How does Benin rank for short-term debt?
- Benin ranks 64th out of 122 countries with data for 2024.
- Is short-term debt rising or falling in Benin?
- Over the last ten years it is down 75.6%. 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 Short-term debt (% of total external debt). 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
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.