Total Credit — Value US$ in Benin
Benin: Total Credit — Value US$ was 4,229 million USD in 2024. ◆ Volatile
Total Credit — Value US$ in Benin, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, total credit — value us$ in Benin stood at 4,229 million USD. That is the highest value across all 33 years on record.
The figure is up 4.6% on the previous year and up 85.5% over ten years.
Over the whole period, total credit — value us$ in Benin peaked at 4,229 million USD in 2024 and was at its lowest, 97.37 million USD, in 1998.
Benin ranks 111th of 166 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.
Total Credit — Value US$ in Benin, year by year
| Year | million USD | Change |
|---|---|---|
| 1991 | 264.27 million USD | — |
| 1992 | 251.07 million USD | -5.0% |
| 1993 | 267.3 million USD | +6.5% |
| 1994 | 161.44 million USD | -39.6% |
| 1995 | 133.25 million USD | -17.5% |
| 1996 | 172.67 million USD | +29.6% |
| 1997 | 271.93 million USD | +57.5% |
| 1998 | 97.37 million USD | -64.2% |
| 1999 | 210.48 million USD | +116.2% |
| 2000 | 238.57 million USD | +13.3% |
| 2001 | 214.63 million USD | -10.0% |
| 2002 | 260.36 million USD | +21.3% |
| 2003 | 383.61 million USD | +47.3% |
| 2004 | 623.24 million USD | +62.5% |
| 2005 | 697.84 million USD | +12.0% |
| 2006 | 961.92 million USD | +37.8% |
| 2007 | 1,157 million USD | +20.3% |
| 2008 | 1,448 million USD | +25.1% |
| 2009 | 1,697 million USD | +17.2% |
| 2011 | 1,961 million USD | +15.5% |
| 2012 | 1,323 million USD | -32.5% |
| 2013 | 1,806 million USD | +36.4% |
| 2014 | 2,280 million USD | +26.3% |
| 2015 | 1,812 million USD | -20.5% |
| 2016 | 2,094 million USD | +15.6% |
| 2017 | 2,161 million USD | +3.2% |
| 2018 | 2,404 million USD | +11.2% |
| 2019 | 2,212 million USD | -8.0% |
| 2020 | 2,384 million USD | +7.8% |
| 2021 | 2,797 million USD | +17.3% |
| 2022 | 3,388 million USD | +21.1% |
| 2023 | 4,042 million USD | +19.3% |
| 2024 | 4,229 million USD | +4.6% |
Benin compared with similar countries
- Benin's 4,229 million USD is below the median for lower middle income countries, which is 4,537 million USD, 93% of the median. (38 countries reporting)
- Benin's 4,229 million USD is above the median for Sub-Saharan Africa, which is 2,472 million USD, 1.7× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 203.31 million USD | 97.37 million USD | 271.93 million USD | 9 |
| 2000s | 768.22 million USD | 214.63 million USD | 1,697 million USD | 10 |
| 2010s | 2,006 million USD | 1,323 million USD | 2,404 million USD | 9 |
| 2020s | 3,368 million USD | 2,384 million USD | 4,229 million USD | 5 |
Countries ranked near Benin
- 108 Albania 5,250 million USD compare
- 109 Nicaragua 4,844 million USD compare
- 110 Mozambique 4,356 million USD compare
- 112 Mali 4,022 million USD compare
- 113 Kyrgyzstan 3,910 million USD compare
- 114 Montenegro 3,794 million USD compare
More agriculture & rural data for Benin
- Agriculture, forestry, and fishing, value added (current US$), annual 8.16 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.2292 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 380.06 current US$ per person (2025)
- Rural population, annual growth rate 0.6697 % change on previous year (2025)
- Rural population, per unit of GDP 0.0003 units per US$ of GDP (2025)
- Rural population, per capita 0.4664 units per person (2025)
- Share of GDP from agriculture 22.9% (2025)
- Agriculture as a share of GDP vs. GDP per capita 22.9% (2025)
- Agricultural raw materials exports 52.9% (2024)
- Agricultural raw materials imports 1.8% (2024)
Frequently asked questions
- What is total credit — value us$ in Benin?
- Total credit — value us$ in Benin was 4,229 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$ recorded in Benin?
- The highest recorded value was 4,229 million USD in 2024.
- What is the lowest total credit — value us$ recorded in Benin?
- The lowest recorded value was 97.37 million USD in 1998.
- How does Benin rank for total credit — value us$?
- Benin ranks 111th out of 166 countries with data for 2024.
- Is total credit — value us$ rising or falling in Benin?
- Over the last ten years it is up 85.5%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value US$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.