Benin recorded a Current Account deficit of 648.78 USD Million in 2018.

Current Account in Benin averaged -239.72 USD Million from 1974 until 2018, reaching an all time high of 10.55 USD Million in 1994 and a record low of -886.09 USD Million in 2014. This page provides the latest reported value for - Benin Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Benin Current Account - values, historical data and charts - was last updated on July of 2020.

Current Account in Benin is expected to reach -940.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Benin Current Account is projected to trend around -985.34 USD Million in 2021 and -930.52 USD Million in 2022, according to our econometric models.

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Benin Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-648.78 -531.00 10.55 -886.09 1974 - 2018 USD Million Yearly

Benin Trade Last Previous Highest Lowest Unit
Balance of Trade -139.71 -247.67 -8.30 -679.56 CFA Franc Billion [+]
Current Account -648.78 -531.00 10.55 -886.09 USD Million [+]
Current Account to GDP -5.70 -6.00 0.66 -29.75 percent [+]
Imports 300.40 320.71 744.61 27.40 CFA Franc Billion [+]
Exports 160.69 73.04 185.16 0.80 CFA Franc Billion [+]
Terrorism Index 0.00 0.00 0.46 0.00 [+]


Benin Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).