Number of Household Sector Borrowers at All Microfinance Institutions in Benin
Benin: Number of Household Sector Borrowers at All Microfinance Institutions was 123.52 in 2023. ▲ Rising
Number of Household Sector Borrowers at All Microfinance Institutions in Benin, 2004–2023
Source: International Monetary Fund.
Analysis
Benin recorded 123.52 for number of household sector borrowers at all microfinance institutions in 2023.
The figure is up 38.1% on the previous year and up 15.0% over ten years.
Over the whole period, number of household sector borrowers at all microfinance institutions in Benin peaked at 188.19 in 2010 and was at its lowest, 23.72, in 2007.
That places Benin 12th out of 60 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Number of Household Sector Borrowers at All Microfinance Institutions in Benin, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 39.39 | — |
| 2005 | 31.72 | -19.5% |
| 2006 | 27.19 | -14.3% |
| 2007 | 23.72 | -12.8% |
| 2008 | 122.59 | +416.8% |
| 2009 | 144.29 | +17.7% |
| 2010 | 188.19 | +30.4% |
| 2011 | 78.52 | -58.3% |
| 2012 | 53.91 | -31.3% |
| 2013 | 107.42 | +99.3% |
| 2014 | 89.42 | -16.8% |
| 2015 | 72.04 | -19.4% |
| 2016 | 80.02 | +11.1% |
| 2017 | 84.36 | +5.4% |
| 2018 | 96.09 | +13.9% |
| 2019 | 91.14 | -5.2% |
| 2020 | 96.54 | +5.9% |
| 2021 | 89.7 | -7.1% |
| 2022 | 89.47 | -0.3% |
| 2023 | 123.52 | +38.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 64.82 | 23.72 | 144.29 | 6 |
| 2010s | 94.11 | 53.91 | 188.19 | 10 |
| 2020s | 99.81 | 89.47 | 123.52 | 4 |
Countries ranked near Benin
- 9 Myanmar 134.72 compare
- 10 Tajikistan 128.55 compare
- 11 Bolivia, Plurinational State of 126.1 compare
- 13 Nicaragua 122.69 compare
- 14 Kyrgyzstan 117.92 compare
- 15 Bosnia and Herzegovina 106.25 compare
More gender data for Benin
- Child population (UN estimates and projections) 6,548 (2030)
- Child population (UN estimates and projections) (0-14), annual growth 1.19 % change on previous year (2030)
- Population 10,071 (2030)
- Working-age population (UN estimates and projections) 10,071 (2030)
- Population (UN estimates and projections), annual growth rate 2.95 % change on previous year (2030)
- Age population, age 00, female, interpolated 229,200 (2025)
- Age population, age 00, male, interpolated 237,041 (2025)
- Age population, age 01, female, interpolated 223,456 (2025)
- Age population, age 01, male, interpolated 230,273 (2025)
- Age population, age 02, female, interpolated 219,192 (2025)
Frequently asked questions
- What is number of household sector borrowers at all microfinance institutions in Benin?
- Number of household sector borrowers at all microfinance institutions in Benin was 123.52 in 2023, according to International Monetary Fund.
- What is the highest number of household sector borrowers at all microfinance institutions recorded in Benin?
- The highest recorded value was 188.19 in 2010.
- What is the lowest number of household sector borrowers at all microfinance institutions recorded in Benin?
- The lowest recorded value was 23.72 in 2007.
- How does Benin rank for number of household sector borrowers at all microfinance institutions?
- Benin ranks 12th out of 60 countries with data for 2023.
- Is number of household sector borrowers at all microfinance institutions rising or falling in Benin?
- Over the last ten years it is up 15.0%. The long-run trend across the full record is rising.
- Where does this Benin data come from?
- The figures come from International Monetary Fund, published as part of Number of Household Sector Borrowers at All Microfinance Institutions per 1,000 Adults. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.