Benin: Savings, percent of GDP

* indicates monthly or quarterly data series
 Benin

Savings as percent of GDP

 Latest value 28.96
 Year 2022
 Measure percent
 Data availability 1974 - 2022
 Average 12.41
 Min - Max -3.25 - 28.96
 Source The World Bank
The latest value from 2022 is 28.96 percent, an increase from 23.4 percent in 2021. In comparison, the world average is 23.18 percent, based on data from 140 countries. Historically, the average for Benin from 1974 to 2022 is 12.41 percent. The minimum value, -3.25 percent, was reached in 1981 while the maximum of 28.96 percent was recorded in 2022. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Benin - Savings, percent of GDP - Recent values chart

Historical series
Benin - Savings, percent of GDP - historical chart - 1974-2022




The savings in Benin and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Share of industry 17.30 2023 percent
 Share of manufacturing 10.06 2023 percent
 Share of services 47.72 2023 percent
 Industry value added 3.40 2023 billion U.S. dollars
 Manufacturing value added 1.98 2023 billion U.S. dollars
 Services value added 9.39 2023 billion U.S. dollars
 Savings, percent of GDP 28.96 2022 percent
 Savings, in dollars 4.14 2021 billion U.S. dollars
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