Benin: Business credit
* indicates monthly or quarterly data series
The most recent value is 1588.9 billion CFA Franc as of September 2024, a decline compared to the previous value of 1733.7 billion CFA Franc. Historically, the average for Benin from January 2004 to September 2024 is 713.55 billion CFA Franc. The minimum of 145.1 billion CFA Franc was recorded in May 2004, while the maximum of 1756.5 billion CFA Franc was reached in June 2024.
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* indicates monthly or quarterly data series
- Measure: billion CFA Franc
- Source: Central Bank of West African States
| Recent values | Benin: Business credit, billion currency units |
|---|---|
| 2024 Sep | 1588.9 |
| 2024 Aug | 1733.7 |
| 2024 Jul | 1743.8 |
| 2024 Jun | 1756.5 |
| 2024 May | 1749.8 |
| 2024 Apr | 1743.8 |
| 2024 Mar | 1732.1 |
| 2024 Feb | 1705.9 |
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Definition: Business credit includes credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms. Included are all credit institutions: domestic and foreign owned as well as private and public ones.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 2.7 | 2023 | percent |
| Exchange rate regimes | 3 | 2022 | index points |
| USD exchange rate | 616.4319 | 11/2024 | Local Currency Units per USD |
| Money supply (broad money) | 3,549.60 | 9/2024 | billion |
| Consumer Price Index (CPI) | 110.6000 | 10/2024 | index points |
| Inflation, monthly | 0.27 | 10/2024 | percent |
| Inflation, annual | 2.03 | 10/2024 | percent |
| Private sector credit | 2,138.90 | 9/2024 | billion |
| Business credit | 1,588.90 | 9/2024 | billion |
| Household credit | 550.00 | 9/2024 | billion |
| Deposit interest rate | 5.40 | Q2/2024 | percent |
| Business credit interest rate | 7.15 | 12/2023 | percent |
| Mortgage credit interest rate | 6.93 | 12/2023 | percent |