Benin - Imports of goods and services

Imports of goods and services (BoP, current US$)

The latest value for Imports of goods and services (BoP, current US$) in Benin was $3,941,918,000 as of 2020. Over the past 46 years, the value for this indicator has fluctuated between $4,668,666,000 in 2018 and $188,899,500 in 1974.

Definition: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1974 $188,899,500
1975 $263,516,600
1976 $269,545,400
1977 $326,779,200
1978 $370,258,500
1979 $383,872,500
1980 $420,831,100
1981 $669,466,100
1982 $648,134,300
1983 $378,784,700
1984 $384,722,400
1985 $437,605,600
1986 $521,504,300
1987 $602,588,900
1988 $457,905,700
1989 $369,625,200
1990 $453,954,000
1991 $862,950,800
1992 $746,702,000
1993 $736,447,600
1994 $632,907,800
1995 $894,696,000
1996 $743,679,000
1997 $749,217,700
1998 $764,012,100
1999 $850,797,200
2000 $709,500,000
2001 $745,573,100
2002 $891,892,700
2003 $1,075,078,000
2004 $1,131,196,000
2005 $1,145,051,000
2006 $1,399,198,000
2007 $2,105,113,000
2008 $2,409,446,000
2009 $2,242,651,000
2010 $2,292,106,000
2011 $2,307,247,000
2012 $2,587,099,000
2013 $3,355,646,000
2014 $4,164,584,000
2015 $3,493,293,000
2016 $3,715,713,000
2017 $4,017,846,000
2018 $4,668,666,000
2019 $4,306,601,000
2020 $3,941,918,000

Imports of goods and services (current US$)

The latest value for Imports of goods and services (current US$) in Benin was $3,906,745,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $4,923,521,000 in 2018 and $22,470,100 in 1961.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $27,392,930
1961 $22,470,100
1962 $23,547,270
1963 $29,521,370
1964 $33,034,380
1965 $43,212,960
1966 $49,061,970
1967 $60,547,030
1968 $62,251,310
1969 $70,874,400
1970 $81,609,770
1971 $93,259,570
1972 $109,969,600
1973 $130,886,400
1974 $163,593,500
1975 $226,162,500
1976 $216,705,700
1977 $260,873,200
1978 $320,872,300
1979 $439,164,000
1980 $524,469,500
1981 $567,561,800
1982 $508,205,500
1983 $345,886,000
1984 $325,136,000
1985 $383,239,100
1986 $435,776,300
1987 $483,576,000
1988 $519,825,000
1989 $372,643,200
1990 $520,152,800
1991 $602,729,500
1992 $567,957,700
1993 $748,725,700
1994 $576,481,300
1995 $790,421,200
1996 $708,783,100
1997 $715,320,100
1998 $797,921,900
1999 $1,154,049,000
2000 $941,346,000
2001 $1,040,789,000
2002 $1,008,396,000
2003 $1,228,828,000
2004 $1,324,063,000
2005 $1,353,744,000
2006 $1,527,582,000
2007 $2,211,438,000
2008 $2,509,051,000
2009 $2,412,712,000
2010 $2,704,110,000
2011 $2,819,549,000
2012 $2,990,341,000
2013 $3,959,348,000
2014 $4,495,143,000
2015 $3,648,295,000
2016 $3,709,467,000
2017 $4,352,985,000
2018 $4,923,521,000
2019 $4,900,485,000
2020 $3,906,745,000

Imports of goods and services (current LCU)

The value for Imports of goods and services (current LCU) in Benin was 2,248,670,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 2,871,250,000,000 in 2019 and a minimum value of 5,511,018,000 in 1961.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 6,716,613,000
1961 5,511,018,000
1962 5,769,409,000
1963 7,233,220,000
1964 8,094,323,000
1965 10,589,810,000
1966 12,053,470,000
1967 14,894,620,000
1968 15,411,230,000
1969 18,424,550,000
1970 22,557,190,000
1971 25,679,630,000
1972 27,715,360,000
1973 29,173,170,000
1974 39,377,720,000
1975 48,469,540,000
1976 51,781,930,000
1977 64,091,240,000
1978 72,406,730,000
1979 93,419,680,000
1980 110,810,000,000
1981 154,224,000,000
1982 167,000,000,000
1983 131,805,000,000
1984 142,070,000,000
1985 172,175,000,000
1986 150,912,000,000
1987 145,332,000,000
1988 154,829,000,000
1989 118,876,000,000
1990 141,619,000,000
1991 170,034,000,000
1992 199,139,000,000
1993 212,011,000,000
1994 320,065,000,000
1995 394,537,000,000
1996 362,580,000,000
1997 417,510,000,000
1998 470,735,000,000
1999 710,287,000,000
2000 668,551,000,000
2001 762,271,000,000
2002 699,538,000,000
2003 712,594,000,000
2004 698,229,000,000
2005 713,773,000,000
2006 798,048,000,000
2007 1,058,470,000,000
2008 1,119,040,000,000
2009 1,134,680,000,000
2010 1,337,980,000,000
2011 1,328,710,000,000
2012 1,526,740,000,000
2013 1,955,520,000,000
2014 2,219,510,000,000
2015 2,156,920,000,000
2016 2,198,250,000,000
2017 2,527,590,000,000
2018 2,734,750,000,000
2019 2,871,250,000,000
2020 2,248,670,000,000

Imports of goods and services (constant 2010 US$)

The latest value for Imports of goods and services (constant 2010 US$) in Benin was 3,746,009,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 4,670,415,000 in 2019 and 153,130,400 in 1961.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 189,092,500
1961 153,130,400
1962 160,089,900
1963 199,532,500
1964 218,093,700
1965 277,255,800
1966 356,140,400
1967 444,305,200
1968 468,665,400
1969 509,267,300
1970 551,032,200
1971 659,263,100
1972 711,460,200
1973 702,520,300
1974 711,171,700
1975 754,424,300
1976 704,751,900
1977 771,826,500
1978 815,958,200
1979 1,040,219,000
1980 1,227,147,000
1981 1,343,020,000
1982 1,030,148,000
1983 761,903,700
1984 762,805,300
1985 899,857,900
1986 778,246,100
1987 713,430,100
1988 736,838,800
1989 567,059,500
1990 767,631,100
1991 969,160,800
1992 1,156,094,000
1993 1,252,492,000
1994 1,103,340,000
1995 1,164,091,000
1996 1,042,295,000
1997 1,161,484,000
1998 1,276,215,000
1999 1,488,214,000
2000 1,330,723,000
2001 1,509,663,000
2002 1,457,692,000
2003 1,532,300,000
2004 1,474,046,000
2005 1,409,064,000
2006 1,513,680,000
2007 1,972,358,000
2008 2,055,469,000
2009 2,152,935,000
2010 2,311,168,000
2011 2,205,626,000
2012 2,456,236,000
2013 3,212,044,000
2014 3,683,948,000
2015 3,648,295,000
2016 3,768,811,000
2017 4,308,626,000
2018 4,517,107,000
2019 4,670,415,000
2020 3,746,009,000

Imports of goods and services (annual % growth)

The value for Imports of goods and services (annual % growth) in Benin was -19.79 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 35.37 in 1990 and a minimum value of -26.04 in 1983.

Definition: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 -19.02
1962 4.54
1963 24.64
1964 9.30
1965 27.13
1966 28.45
1967 24.76
1968 5.48
1969 8.66
1970 8.20
1971 19.64
1972 7.92
1973 -1.26
1974 1.23
1975 6.08
1976 -6.58
1977 9.52
1978 5.72
1979 27.48
1980 17.97
1981 9.44
1982 -23.30
1983 -26.04
1984 0.12
1985 17.97
1986 -13.51
1987 -8.33
1988 3.28
1989 -23.04
1990 35.37
1991 26.25
1992 19.29
1993 8.34
1994 -11.91
1995 5.51
1996 -10.46
1997 11.44
1998 9.88
1999 16.61
2000 -10.58
2001 13.45
2002 -3.44
2003 5.12
2004 -3.80
2005 -4.41
2006 7.42
2007 30.30
2008 4.21
2009 4.74
2010 7.35
2011 -4.57
2012 11.36
2013 30.77
2014 14.69
2015 -0.97
2016 3.30
2017 14.32
2018 4.84
2019 3.39
2020 -19.79

Imports of goods and services (constant LCU)

The value for Imports of goods and services (constant LCU) in Benin was 2,214,680,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 2,761,200,000,000 in 2019 and a minimum value of 90,532,470,000 in 1961.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 111,794,000,000
1961 90,532,470,000
1962 94,647,030,000
1963 117,966,000,000
1964 128,940,000,000
1965 163,917,000,000
1966 210,554,000,000
1967 262,678,000,000
1968 277,080,000,000
1969 301,085,000,000
1970 325,777,000,000
1971 389,764,000,000
1972 420,624,000,000
1973 415,338,000,000
1974 420,453,000,000
1975 446,025,000,000
1976 416,658,000,000
1977 456,313,000,000
1978 482,404,000,000
1979 614,990,000,000
1980 725,504,000,000
1981 794,009,000,000
1982 609,035,000,000
1983 450,446,000,000
1984 450,979,000,000
1985 532,006,000,000
1986 460,108,000,000
1987 421,788,000,000
1988 435,628,000,000
1989 335,252,000,000
1990 453,832,000,000
1991 572,979,000,000
1992 683,496,000,000
1993 740,488,000,000
1994 652,307,000,000
1995 688,224,000,000
1996 616,217,000,000
1997 686,683,000,000
1998 754,513,000,000
1999 879,850,000,000
2000 786,739,000,000
2001 892,531,000,000
2002 861,805,000,000
2003 905,914,000,000
2004 871,473,000,000
2005 833,055,000,000
2006 894,905,000,000
2007 1,166,080,000,000
2008 1,215,220,000,000
2009 1,272,840,000,000
2010 1,366,390,000,000
2011 1,303,990,000,000
2012 1,452,160,000,000
2013 1,899,000,000,000
2014 2,177,990,000,000
2015 2,156,920,000,000
2016 2,228,170,000,000
2017 2,547,310,000,000
2018 2,670,570,000,000
2019 2,761,200,000,000
2020 2,214,680,000,000

Imports of goods and services (% of GDP)

Imports of goods and services (% of GDP) in Benin was 24.96 as of 2020. Its highest value over the past 60 years was 43.96 in 1981, while its lowest value was 9.53 in 1961.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 12.11
1961 9.53
1962 9.96
1963 11.63
1964 12.24
1965 14.91
1966 16.20
1967 19.77
1968 19.08
1969 21.43
1970 24.46
1971 27.83
1972 26.80
1973 25.95
1974 29.49
1975 33.41
1976 31.03
1977 34.78
1978 34.55
1979 37.02
1980 37.32
1981 43.96
1982 40.09
1983 31.58
1984 30.93
1985 36.65
1986 32.62
1987 30.95
1988 32.08
1989 24.80
1990 26.54
1991 30.34
1992 33.50
1993 32.92
1994 36.07
1995 36.43
1996 30.02
1997 31.54
1998 32.50
1999 31.38
2000 26.74
2001 28.39
2002 24.04
2003 22.97
2004 21.39
2005 20.61
2006 21.72
2007 27.07
2008 25.63
2009 24.77
2010 28.36
2011 26.37
2012 26.84
2013 31.63
2014 33.84
2015 32.04
2016 31.38
2017 34.27
2018 34.52
2019 34.05
2020 24.96

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments