Bank Interest Rate Spread Statistics in Benin (2026)
As of 2021, the bank interest rate spread in Benin was 1 percentage points, per World Bank World Development Indicators data. Down from 1.4 percentage points in 2020 to 1 percentage points in 2021 (−0.5 percentage points). Benin ranks #2 of 25 economies in Sub-Saharan Africa on this measure, and #2 of 105 globally.
Key Statistics
- Latest value (2021)
- 1 percentage points (2021)
- Bank Interest Rate Spread in Benin as of 2021, the most recent observation in World Bank World Development Indicators data.
- Change since 2020
- −0.5 pp (2021)
- Down from 1.4 percentage points in 2020 to 1 percentage points in 2021 (−0.5 percentage points).
- Earliest value in this dataset (2005)
- 0.4 percentage points (2005)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 0.4 percentage points in 2005 to 1 percentage points in 2021.
- Peak value (2017)
- 1.7 percentage points (2017)
- Highest value in the available series; the 2021 value is 1 percentage points.
- Rank in Sub-Saharan Africa (lower is better; rank 1 = lowest)
- #2 of 25 (2021)
- Benin ranks 2 of 25 countries in Sub-Saharan Africa with data, based on each country's latest value. Ranked ascending because lower values are better for this metric.
- Global rank (lower is better; rank 1 = lowest)
- #2 of 105 (2021)
- Benin ranks 2 of 105 countries with data globally. Ranked ascending because lower values are better for this metric.
- Sub-Saharan Africa average
- 11.3 percentage points (2021)
- Benin (1 percentage points) is below the average of 11.3 percentage points across the 25 countries in Sub-Saharan Africa with data.
- Lending interest rate (%) (2021)
- 6.3% (2021)
- Related indicator from World Bank World Development Indicators.
- Deposit interest rate (%) (2021)
- 5.3% (2021)
- Related indicator from World Bank World Development Indicators.
- Internet use in Benin (2024)
- 34% (2024)
- 34% of the population in Benin used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 14.5 million (2024)
- Benin had a population of 14.5 million in 2024 (World Bank); shown for scale only.
Trend, 2005–2021
| Year | percentage points | Change |
|---|---|---|
| 2021 | 0.9 | −34.1% |
| 2020 | 1.4 | +4.8% |
| 2019 | 1.4 | +0.5% |
| 2018 | 1.4 | −17.8% |
| 2017 | 1.7 | +202.3% |
| 2016 | -1.6 | +11.6% |
| 2015 | -1.8 | +3.9% |
| 2014 | -1.9 | +18.9% |
| 2013 | -2.4 | +19.9% |
| 2012 | -3 | +9.0% |
| 2011 | -3.2 | +0.9% |
| 2010 | -3.3 | +9.1% |
| 2009 | -3.6 | −14.7% |
| 2008 | -3.1 | −2.6% |
| 2007 | -3.1 | +0.8% |
| 2006 | -3.1 | −806.5% |
| 2005 | 0.4 | — |
Frequently asked questions
What is the latest figure for bank interest rate spread in Benin?
The bank interest rate spread in Benin stood at 1 percentage points in 2021, according to World Bank World Development Indicators data.
How recent is the bank interest rate spread data for Benin?
The most recent observation is from 2021. World Bank World Development Indicators data is reported with a lag, so 2021 is the latest available year for Benin.
Where does the bank interest rate spread data for Benin come from?
The data comes from the World Bank World Development Indicators (indicator FR.INR.LNDP). The latest observation for Benin is from 2021; the snapshot was retrieved on 2026-06-10.
How has bank interest rate spread in Benin changed over time?
World Bank World Development Indicators data show a rise from 0.4 percentage points in 2005 to 1 percentage points in 2021.
How does Benin compare with other countries in Sub-Saharan Africa?
Benin ranks 2 of 25 countries in Sub-Saharan Africa with data (ranked ascending; lower is better), with 1 percentage points versus a regional average of 11.3 percentage points (latest values per country).
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.LNDP, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .