Benin: Financial markets development

* indicates monthly or quarterly data series
 Benin

Financial markets development

 Latest value 0.010
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.008
 Min - Max 0.003 - 0.018
 Source International Monetary Fund
The latest value from 2021 is 0.01 index points, an increase from 0.006 index points in 2020. In comparison, the world average is 0.239 index points, based on data from 158 countries. Historically, the average for Benin from 1980 to 2021 is 0.008 index points. The minimum value, 0.003 index points, was reached in 2001 while the maximum of 0.018 index points was recorded in 1983. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Benin - Financial markets development - Recent values chart

Historical series
Benin - Financial markets development - historical chart - 1980-2021




Definition: An index for overall financial markets development based on the three subindexes for depth, access, and efficiency listed on the indictors menu. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

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
 Financial development 0.110 2021 index points
 Financial institutions development 0.207 2021 index points
 Financial institutions development, depth 0.051 2021 index points
 Financial institutions development, access 0.059 2021 index points
 Financial institutions development, efficiency 0.588 2021 index points
 Financial markets development 0.010 2021 index points
 Financial markets development, depth 0.026 2021 index points
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