Money sent or brought back by migrants as a share of gdp in Benin
Benin: Money sent or brought back by migrants as a share of gdp was 1.72 in 2023. ◆ Volatile
Latest (2023)
1.72
Change on year
up 19.7%
World rank
109th
of 194 countries
All-time high
8.04
in 1992
All-time low
1.02
in 2004
Years of data
50
1974–2023
Money sent or brought back by migrants as a share of gdp in Benin, 1974–2023
Source: Our World in Data.
Analysis
The most recent figure for money sent or brought back by migrants as a share of gdp in Benin is 1.72, measured in 2023.
That represents a change of up 19.7% on the previous year and down 13.4% over ten years.
Over the whole period, money sent or brought back by migrants as a share of gdp in Benin peaked at 8.04 in 1992 and was at its lowest, 1.02, in 2004.
That places Benin 109th out of 194 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Money sent or brought back by migrants as a share of gdp in Benin, year by year
| Year | Value | Change |
|---|---|---|
| 1974 | 1.33 | — |
| 1975 | 2.6 | +95.3% |
| 1976 | 4.01 | +54.5% |
| 1977 | 5.22 | +30.1% |
| 1978 | 6.05 | +15.9% |
| 1979 | 6.15 | +1.5% |
| 1980 | 5.48 | -10.9% |
| 1981 | 4.8 | -12.4% |
| 1982 | 2.91 | -39.3% |
| 1983 | 4 | +37.3% |
| 1984 | 4 | -0.0% |
| 1985 | 3.85 | -3.7% |
| 1986 | 3.8 | -1.3% |
| 1987 | 3.85 | +1.3% |
| 1988 | 4.39 | +13.9% |
| 1989 | 6.08 | +38.5% |
| 1990 | 5.16 | -15.2% |
| 1991 | 5.94 | +15.2% |
| 1992 | 8.04 | +35.4% |
| 1993 | 4.79 | -40.5% |
| 1994 | 5.6 | +17.0% |
| 1995 | 4.56 | -18.6% |
| 1996 | 3.6 | -21.1% |
| 1997 | 3.09 | -14.1% |
| 1998 | 3.63 | +17.5% |
| 1999 | 2.04 | -43.8% |
| 2000 | 2.44 | +19.6% |
| 2001 | 2.27 | -7.1% |
| 2002 | 1.81 | -19.9% |
| 2003 | 1.04 | -42.9% |
| 2004 | 1.02 | -1.6% |
| 2005 | 2.24 | +119.4% |
| 2006 | 2.78 | +24.3% |
| 2007 | 2.95 | +6.0% |
| 2008 | 2.12 | -28.0% |
| 2009 | 1.3 | -38.9% |
| 2010 | 1.46 | +12.7% |
| 2011 | 1.61 | +10.0% |
| 2012 | 1.86 | +15.8% |
| 2013 | 1.99 | +6.6% |
| 2014 | 2.29 | +15.4% |
| 2015 | 1.88 | -17.9% |
| 2016 | 1.88 | -0.4% |
| 2017 | 1.54 | -17.8% |
| 2018 | 1.39 | -9.6% |
| 2019 | 1.51 | +8.2% |
| 2020 | 1.3 | -13.5% |
| 2021 | 1.31 | +0.1% |
| 2022 | 1.44 | +10.1% |
| 2023 | 1.72 | +19.7% |
Benin compared with similar countries
- Benin's 1.72 is below the median for lower middle income countries, which is 6.01, 29% of the median. (47 countries reporting)
- Benin's 1.72 is below the median for Sub-Saharan Africa, which is 2.52, 68% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.23 | 1.33 | 6.15 | 6 |
| 1980s | 4.32 | 2.91 | 6.08 | 10 |
| 1990s | 4.64 | 2.04 | 8.04 | 10 |
| 2000s | 2 | 1.02 | 2.95 | 10 |
| 2010s | 1.74 | 1.39 | 2.29 | 10 |
| 2020s | 1.44 | 1.3 | 1.72 | 4 |
Countries ranked near Benin
More population data for Benin
- Population regions with projections, annual growth rate 0.4203 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -4.22 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.4203 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.6566 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 25,264 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 2.48 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.1997 % change on previous year (2100)
- Population growth rate 0.41 (2100)
- Population density 351.08 (2100)
- Projected population under age 5 2.95 million (2100)
Frequently asked questions
- What is money sent or brought back by migrants as a share of gdp in Benin?
- Money sent or brought back by migrants as a share of gdp in Benin was 1.72 in 2023, according to Our World in Data.
- What is the highest money sent or brought back by migrants as a share of gdp recorded in Benin?
- The highest recorded value was 8.04 in 1992.
- What is the lowest money sent or brought back by migrants as a share of gdp recorded in Benin?
- The lowest recorded value was 1.02 in 2004.
- How does Benin rank for money sent or brought back by migrants as a share of gdp?
- Benin ranks 109th out of 194 countries with data for 2023.
- Is money sent or brought back by migrants as a share of gdp rising or falling in Benin?
- Over the last ten years it is down 13.4%. The long-run trend across the full record is volatile.
- Where does this Benin data come from?
- The figures come from Our World in Data, published as part of Money sent or brought back by migrants as a share of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (Our World in Data).