Official External Debt: Debtor Based for Benin
BENDGGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42.84
Year-over-Year Change
218.48%
Date Range
1/1/2000 - 1/1/2026
Summary
This economic trend tracks Benin's official external debt as a percentage of its gross domestic product. It's a key indicator for assessing the country's financial stability and ability to service its foreign liabilities.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Official External Debt: Debtor Based for Benin metric represents the total public and publicly guaranteed debt owed to non-residents, expressed as a ratio to the country's GDP. This measure is widely used by economists, policymakers, and investors to evaluate Benin's external debt burden and creditworthiness.
Methodology
The data is collected and calculated by the World Bank based on reports from national authorities and creditors.
Historical Context
Benin's external debt levels and trends are closely monitored by international institutions and markets to gauge the government's fiscal policies and the overall macroeconomic environment.
Key Facts
- Benin's external debt was 31.9% of GDP in 2021.
- External debt has declined from a high of 43.4% of GDP in 2017.
- Benin's external debt is largely concessional, with favorable interest rates and repayment terms.
FAQs
Q: What does this economic trend measure?
A: This trend measures Benin's official external debt as a percentage of its gross domestic product, providing insight into the country's external debt burden.
Q: Why is this trend relevant for users or analysts?
A: This metric is a crucial indicator of Benin's financial stability and ability to service its foreign liabilities, which is closely monitored by economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on reports from national authorities and creditors.
Q: How is this trend used in economic policy?
A: Benin's external debt levels and trends are closely monitored by international institutions and markets to gauge the government's fiscal policies and the overall macroeconomic environment.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in reporting by national authorities and creditors.
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Citation
U.S. Federal Reserve, Official External Debt: Debtor Based for Benin (BENDGGDPPT), retrieved from FRED.