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Benin - Gross Savings 2024

Name: Benin Gross Savings 2024
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Gross savings as % of GDP · World Bank

28.46% +2.11% from 2023 Global rank: 45th

Benin's gross savings was 28.46% in 2024, increased +2.11% from 30.15% in 2023. This was the 45th highest globally.

Global Ranking - 2024▾

Gross Savings by Country - 2024
Rank	Country	Value	YoY
1st	Qatar	50.47%	-3.4%
2nd	Kuwait	50.31%	3.1%
3rd	Iran, Islamic Republic of	49.61%	4.3%
4th	Brunei Darussalam	47.65%	3.9%
5th	China	42.83%	0.6%
6th	Iraq	41.94%	101.0%
7th	Norway	40.84%	-1.9%
8th	Cambodia	40.53%	17.1%
9th	Singapore	40.28%	3.5%
10th	Algeria	39.42%	-3.2%
11th	Gabon	39.41%	-5.8%
12th	United Arab Emirates	37.65%	-9.0%
13th	Viet Nam	36.69%	-3.5%
14th	Tanzania	36.37%	8.8%
15th	Nepal	35.84%	18.4%
16th	Denmark	35.40%	2.2%
17th	Korea	35.26%	5.2%
18th	Ireland	34.86%	3.5%
19th	Indonesia	34.65%	14.8%
20th	Mauritania	34.42%	7.7%
21st	Zambia	34.42%	21.2%
22nd	Bangladesh	34.39%	14.9%
23rd	Botswana	33.39%	7.3%
24th	Aruba	33.36%	16.5%
25th	Panama	33.28%	-3.3%
26th	Bahrain	33.27%	-5.3%
27th	Lesotho	32.34%	10.8%
28th	Switzerland	31.81%	0.1%
29th	Japan	31.07%	4.2%
30th	Sweden	30.74%	-1.1%
31st	Russian Federation	30.63%	4.2%
32nd	Myanmar	30.29%	2.8%
33rd	India	30.27%	-7.3%
34th	Türkiye	30.11%	-5.3%
35th	Guyana	30.10%	22.2%
36th	Samoa	30.01%	14.7%
37th	Suriname	29.90%	-11.6%
38th	Saudi Arabia	29.86%	-6.9%
39th	Philippines	29.24%	42.1%
40th	Morocco	28.99%	4.3%
41st	Czechia	28.87%	2.7%
42nd	Netherlands	28.81%	-2.3%
43rd	Hong Kong SAR, China	28.71%	16.6%
44th	Kazakhstan	28.70%	17.1%
45th	Benin	28.46%	8.0%
46th	North Macedonia	28.45%	-5.2%
47th	Sri Lanka	28.35%	3.0%
48th	Uzbekistan	28.30%	5.9%
49th	Congo, Democratic Republic of	28.29%	199.1%
50th	Chad	28.21%	-13.1%
51st	Nicaragua	28.02%	-7.7%
52nd	Oman	27.71%	-4.5%
53rd	Azerbaijan	27.59%	-0.7%
54th	Congo, Republic of	27.22%	-15.2%
55th	Tajikistan	27.21%	17.0%
56th	Germany	27.14%	-1.3%
57th	Slovenia	26.19%	-1.6%
58th	Israel	26.13%	-11.5%
59th	Gambia, The	25.93%	29.8%
60th	Malta	25.67%	-1.8%
61st	Mongolia	25.64%	-25.7%
62nd	Equatorial Guinea	25.63%	0.9%
63rd	Kosovo	25.54%	-4.0%
64th	Austria	25.44%	-4.9%
65th	Senegal	25.43%	-7.1%
66th	Antigua and Barbuda	25.24%	-0.3%
67th	São Tomé and Principe	25.14%	95.5%
68th	Hungary	25.10%	-4.3%
69th	Uganda	25.06%	73.1%
70th	European Union	24.71%	-1.1%
71st	Trinidad and Tobago	24.49%	-7.6%
72nd	Iceland	24.36%	1.0%
73rd	Spain	24.35%	2.1%
74th	Belgium	24.12%	-2.3%
75th	Lithuania	24.09%	4.2%
76th	Estonia	23.97%	-0.1%
77th	Jamaica	23.96%	-12.3%
78th	Ecuador	23.89%	5.7%
79th	Thailand	23.78%	-0.3%
80th	Togo	23.65%	-1.3%
81st	Italy	23.65%	2.5%
82nd	Nigeria	23.61%	25.1%
83rd	Belarus	23.54%	1.8%
84th	Dominican Republic	23.50%	-2.7%
85th	Malaysia	23.38%	-2.2%
86th	Australia	22.92%	-3.2%
87th	Côte d'Ivoire	22.63%	22.7%
88th	Albania	22.50%	-2.5%
89th	Croatia	22.15%	-6.5%
90th	St. Lucia	22.11%	3.6%
91st	Peru	21.93%	12.2%
92nd	Portugal	21.86%	4.0%
93rd	Chile	21.76%	7.7%
94th	Finland	21.75%	-1.6%
95th	Eswatini	21.49%	16.4%
96th	France	21.43%	-2.2%
97th	Canada	21.38%	-8.1%
98th	St. Vincent and the Grenadines	21.32%	-1.0%
99th	Bhutan	21.13%	59.2%
100th	Mauritius	21.11%	-5.7%
101st	Bosnia and Herzegovina	21.08%	-10.2%
102nd	Rwanda	21.07%	74.3%
103rd	Belize	20.78%	26.7%
104th	Serbia	20.64%	-7.3%
105th	Cabo Verde	20.28%	25.0%
106th	Guatemala	19.58%	0.2%
107th	Latvia	19.33%	-6.8%
108th	Mexico	19.28%	-16.9%
109th	Armenia	19.24%	-4.6%
110th	Bahamas, The	19.21%	10.3%
111th	Georgia	19.18%	-1.4%
112th	Paraguay	19.01%	-3.8%
113th	Bulgaria	18.84%	-0.1%
114th	El Salvador	18.56%	-5.3%
115th	Poland	18.12%	-6.8%
116th	United States	17.81%	4.6%
117th	Honduras	17.75%	-3.0%
118th	New Zealand	17.48%	0.8%
119th	United Kingdom	17.00%	19.0%
120th	Madagascar	16.87%	6.4%
121st	Romania	16.84%	-12.1%
122nd	Cameroon	16.83%	9.5%
123rd	Argentina	16.70%	5.0%
124th	Grenada	16.27%	10.5%
125th	Burkina Faso	16.23%	5.8%
126th	Kenya	15.99%	23.3%
127th	Slovak Republic	15.86%	-12.9%
128th	Angola	15.73%	-57.3%
129th	Djibouti	14.86%	0.2%
130th	Costa Rica	14.74%	6.6%
131st	Uruguay	14.71%	4.1%
132nd	Jordan	14.57%	-3.7%
133rd	Sierra Leone	14.45%	41.2%
134th	Brazil	14.14%	-2.4%
135th	Niger	14.09%	41.7%
136th	Ghana	14.02%	64.0%
137th	Pakistan	13.85%	6.6%
138th	Bolivia, Plurinational State of	13.85%	14.6%
139th	Colombia	13.64%	-3.8%
140th	South Africa	13.58%	-5.1%
141st	Mali	12.83%	26.0%
142nd	Barbados	12.58%	74.4%
143rd	St. Kitts and Nevis	12.57%	-18.7%
144th	Luxembourg	12.53%	-42.9%
145th	Cyprus	12.47%	34.2%
146th	Ukraine	12.02%	-6.1%
147th	Maldives	11.98%	3.7%
148th	Burundi	11.00%	45.9%
149th	Greece	10.78%	8.2%
150th	Zimbabwe	10.70%	-11.4%
151st	Guinea	9.59%	54.7%
152nd	Haiti	9.46%	-8.8%
153rd	Guinea-Bissau	9.27%	7.3%
154th	Egypt, Arab Republic of	9.26%	-39.5%
155th	Montenegro	8.79%	-38.3%
156th	Namibia	8.66%	-32.1%
157th	Central African Republic	6.58%	6.8%
158th	Tunisia	5.50%	-42.6%
159th	Comoros	4.89%	-24.6%
160th	Moldova	4.48%	-48.8%
161st	Dominica	2.82%	-27.1%
162nd	West Bank and Gaza	1.88%	-85.6%
163rd	Mozambique	1.68%	-80.5%
164th	Solomon Islands	1.23%	-90.5%
165th	Lebanon	0.69%	131.6%
166th	South Sudan	0.50%	-93.7%
167th	Sudan	0.03%	110.6%
168th	Seychelles	-5.02%	-127.6%
169th	Kyrgyz Republic	-5.88%	76.7%
170th	Malawi	-9.19%	-66.4%
171st	Yemen, Republic of	-11.67%	-84.9%
172nd	Timor-Leste	-21.13%	-149.0%
173rd	Afghanistan	-27.87%	-450.6%

FAQ

What was Benin's gross savings in 2024?▾

Benin's gross savings in 2024 was 28.46%. This ranked 45th globally.

How did Benin's gross savings change in 2024?▾

Benin's gross savings increased by 8.0% in 2024 compared to 2023.

Which country had the highest gross savings in 2024?▾

Qatar had the highest gross savings in 2024 at 50.47%.

What is the gross savings of Benin in 2024?▾

The gross savings of Benin in 2024 was 28.46%. This ranked 45th globally.

How does 2024 compare to 2023 for Benin's gross savings?▾

Benin's gross savings went from 30.15% in 2023 to 28.46% in 2024, a 8.0% increase.

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