Benin Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Benin's credit to gdp was 20.13% in 2025, ranked 122nd globally. This represents a 6.1% increase from 2024. Data from World Bank, covering 1960–2025.
Overview
Benin's credit to gdp stood at 20.13% in 2025, a rise of +1.15% from 2024. Based on recent trends, this figure is projected to reach 20.13% by 2025. Benin ranked 122nd globally.
Benin’s credit to GDP ratio has risen from 5.01 in 1960 to 20.13 in 2025, placing the country 122nd in the world and indicating a moderate expansion of external financing relative to economic output. The indicator reached its all‑time high of 31.84 in 1983, a period marked by structural adjustment programs that encouraged borrowing, before falling to a trough of 4.83 in 2002 as debt‑service constraints tightened. Over the 66‑year series, the long‑term trend is upward, yet the current level remains below peers such as Ireland (21.14) and Rwanda (21.28), suggesting room for further credit growth without exceeding regional norms. Continued improvements in fiscal management, diversification of the financial sector, and stable macro‑economic conditions could sustain the gradual increase, while any reversal in external debt policy or a sharp slowdown in growth would likely curb the trajectory.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 22.12% | - | - |
| 2026* trend | 21.13% | - | - |
| 2025* trend | 20.13% | - | - |
| 2025 | 20.13% | +1.15% | #122 |
| 2024 | 18.98% | +0.37% | #17 |
| 2023 | 18.61% | +1.51% | #28 |
| 2022 | 17.10% | +1.51% | #31 |
| 2021 | 15.59% | +0.05% | #30 |
| 2020 | 15.54% | −2.07% | #29 |
| 2019 | 17.61% | +0.86% | #35 |
| 2018 | 16.75% | +0.17% | #34 |
| 2017 | 16.58% | −0.90% | #35 |
| 2016 | 17.48% | +0.75% | #31 |
| 2015 | 16.74% | −0.00% | #28 |
| 2014 | 16.74% | +0.28% | #33 |
| 2013 | 16.45% | +0.81% | #38 |
| 2012 | 15.65% | −0.93% | #35 |
| 2011 | 16.57% | +0.74% | #39 |
Analysis
Benin's credit to gdp was 20.13% in 2025, a rise of +1.15% from 2024. Based on trends, estimated 20.13% by 2025.
Frequently Asked Questions
Benin's credit to gdp was 20.13% in 2025. Ranked 122nd globally. This represents a 6.1% increase from the previous year.
Benin's credit to gdp peaked at 31.84% in 1983.
The lowest credit to gdp in Benin was 4.83% in 2002.
Benin ranks 122nd globally in credit to gdp as of 2025.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
Benin's credit to gdp is projected to reach 20.13% by 2025 based on trend extrapolation.
The credit to gdp of Benin in 2025 was 20.13%. This ranks 122nd in the world.
Cite this page
@misc{historysaid_benin_credit-to-gdp,
title = {Benin Credit to GDP},
url = {https://historysaid.com/benin/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}