household debts in Benin

Gross debt in Benin

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Benin in the period from 1998 to 2021 was between 588.5 million and 8.6 billion USD. The highest level of the last years at nine billion US Dollar was reached in 2021.

Based on the number of inhabitants, this is a debt of 659 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,695 USD.

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Gross debt of the last 23 years in billion USD

YearBenin totalBenin per capitaEU per capita
19981.02 bn USD158 USD14,079 USD
19991.45 bn USD217 USD14,032 USD
20001.39 bn USD203 USD11,232 USD
20011.39 bn USD197 USD11,255 USD
20021.29 bn USD177 USD12,258 USD
20031.25 bn USD166 USD15,286 USD
20041.33 bn USD172 USD17,595 USD
20051.77 bn USD222 USD18,327 USD
20060.59 bn USD72 USD18,877 USD
20071.17 bn USD138 USD20,898 USD
20081.79 bn USD206 USD24,086 USD
20091.83 bn USD204 USD25,361 USD
20102.00 bn USD218 USD26,496 USD
20112.34 bn USD247 USD29,231 USD
20122.18 bn USD224 USD28,174 USD
20132.32 bn USD232 USD29,981 USD
20142.96 bn USD288 USD30,648 USD
20153.52 bn USD322 USD25,918 USD
20164.25 bn USD377 USD26,261 USD
20175.03 bn USD434 USD27,024 USD
20185.86 bn USD491 USD28,448 USD
20195.93 bn USD483 USD27,168 USD
20207.22 bn USD571 USD30,783 USD
20218.56 bn USD659 USD33,695 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Benin       European Union

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