Benin: Small firms with bank credit

* indicates monthly or quarterly data series

Small firms with bank credit, percent of all small firms

 Latest value 16.00
 Year 2016
 Measure percent
 Data availability 2009 - 2016
 Average 29.10
 Min - Max 16.00 - 42.20
 Source The World Bank
For that indicator, we provide data for Benin from 2009 to 2016. The average value for Benin during that period was 29.1 percent with a minimum of 16 percent in 2016 and a maximum of 42.2 percent in 2009. The latest value from 2016 is 16 percent. For comparison, the world average in 2016 based on 18 countries is 18.82 percent. 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 values chart
Benin - Small firms with bank credit - Recent values chart

Definition: Percentage of small firms (5-19 workers) in the formal sector with a line of credit or a loan from a (formal) financial institution, such as a bank, credit union, microfinance institution, or cooperative.

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Types of financial institutions

 Related indicators Latest value Reference Measure
 ATMs per 100,000 adults 4.26 2021 ATMs per 100,000 adults
 Bank accounts per 1000 adults 322.97 2020 bank accounts
 Bank branches per 100,000 people 3.42 2020 bank branches
 Firms using credit to finance investment 12.00 2016 percent
 Small firms with bank credit 16.00 2016 percent
 Percent people with credit cards 1.41 2021 percent
 Percent people with debit cards 5.41 2021 percent
 Domestic credit to the private sector 15.54 2020 percent
 Bank credit to the private sector 17.07 2022 percent
 Liquid liabilities, percent of GDP 32.44 2021 percent
 Bank assets to GDP 23.66 2021 percent
 Financial system deposits, percent of GDP 24.75 2021 percent
 Bank credit to government 9.59 2020 percent
 Banking system concentration 73.51 2019 percent
 Foreign bank assets 98.00 2009 percent of total bank assets
 Percent people with bank accounts 23.79 2021 percent
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