Benin: Private sector credit
* indicates monthly or quarterly data series
The most recent value is 2291.9 billion CFA Franc as of June 2024, an increase compared to the previous value of 2279.4 billion CFA Franc. Historically, the average for Benin from January 2004 to June 2024 is 983.27 billion CFA Franc. The minimum of 189.92 billion CFA Franc was recorded in May 2004, while the maximum of 2291.9 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: Private sector credit, billion currency units |
|---|---|
| 2024 Jun | 2291.9 |
| 2024 May | 2279.4 |
| 2024 Apr | 2281.9 |
| 2024 Mar | 2289.1 |
| 2024 Feb | 2273.9 |
| 2024 Jan | 2234.2 |
| 2023 Dec | 2202.8 |
| 2023 Nov | 2194 |
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Definition: Private sector credit refers to the credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms and households. 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 | 2021 | index points |
| USD exchange rate | 613.6785 | 9/2023 | Local Currency Units per USD |
| Money supply (broad money) | 3,615.70 | 9/2023 | billion |
| Consumer Price Index (CPI) | 107.5000 | 9/2023 | index points |
| Inflation, monthly | -0.65 | 9/2023 | percent |
| Inflation, annual | 1.51 | 9/2023 | percent |
| Private sector credit | 2,145.90 | 9/2023 | billion |
| Business credit | 1,607.90 | 9/2023 | billion |
| Household credit | 538.00 | 9/2023 | billion |
| Deposit interest rate | 5.30 | Q3/2023 | percent |
| Business credit interest rate | 7.22 | 9/2023 | percent |
| Mortgage credit interest rate | 8.32 | 9/2023 | percent |