Insurance and Financial Services (As % of Service Exports, BoP) in Benin

Source: World Bank
Last Updated: September 1, 2025

Insurance and financial services as a percentage of service exports from the balance of payment reached 11.2% in 2023 in Benin, according to the National Central Bank / OECD. This is 184% more than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Benin reached an all time high of 24.8% in 2018 and an all time low of 0.482% in 2003.

Benin has been ranked 23rd within the group of 142 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment.

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