Foreign debt rose 16.3% to USD 12,483 bil in Benin in 2023, according to the National Statistical Office.
Historically, foreign debt in Benin reached an all time high of USD 12,483 bil in 2023 and an all time low of USD 43.2 bil in 1970. When compared to Benin's main peers, foreign debt in Burkina Faso amounted to USD 10,397 bil, USD 5,613 bil in Niger, USD 102,482 bil in Nigeria and USD 3,375 bil in Togo in 2023.
Benin has been ranked 62nd within the group of 110 countries we follow in terms of foreign debt, 23 places above the position seen 10 years ago.
| Foreign Debt (USD) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Algeria | USD bil | 5,707 | 5,710 | 5,492 | 5,178 | 7,379 | ||||||||||||||||
| Benin | USD bil | 4,821 | 6,901 | 6,949 | 8,420 | 10,080 | ||||||||||||||||
| Burkina Faso | USD bil | 12,771 | 10,624 | 9,159 | 9,761 | 10,296 | ||||||||||||||||
| Cameroon | USD bil | 10,050 | 11,005 | 12,929 | 14,723 | 15,377 | ||||||||||||||||
| Chad | USD bil | 3,134 | 3,181 | 3,216 | 3,487 | 3,586 | ||||||||||||||||
| Ghana | USD bil | 33,835 | 35,613 | 32,595 | 40,594 | 43,805 | ||||||||||||||||
| Ivory Coast | USD bil | 13,449 | 16,198 | 19,831 | 25,107 | 29,768 | ||||||||||||||||
| Libya | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Mali | USD bil | 4,320 | 4,595 | 4,994 | 5,809 | 6,375 | ||||||||||||||||
| Niger | USD bil | 3,035 | 3,176 | 3,584 | 4,549 | 4,967 | ||||||||||||||||
| Nigeria | USD bil | 65,143 | 69,455 | 81,375 | 87,647 | 96,310 | ||||||||||||||||
| Togo | USD bil | 1,633 | 1,705 | 1,996 | 2,546 | 3,495 |
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