Benin recorded a government debt equivalent to 26.20 percent of the country's Gross Domestic Product in 2018. source: Central Bank of West African States (BCEAO)

Government Debt to GDP in Benin averaged 27.69 percent from 2000 until 2018, reaching an all time high of 58.20 percent in 2001 and a record low of 10.50 percent in 2007. This page provides - Benin Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Benin Government Debt to GDP - values, historical data and charts - was last updated on May of 2021.

Government Debt to GDP in Benin is expected to reach 23.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Benin Government Debt to GDP is projected to trend around 22.00 percent in 2021 and 20.00 percent in 2022, according to our econometric models.

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Benin Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
21.60 19.30 58.20 10.50 2000 - 2019 percent Yearly

Benin Government Last Previous Highest Lowest Unit
Government Debt to GDP 21.60 19.30 58.20 10.50 percent [+]
Government Budget -3.70 -0.50 0.20 -6.50 percent of GDP [+]
Military Expenditure 72.00 90.20 123.40 14.90 USD Million [+]
Credit Rating 31.00 [+]

Benin Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.