Business Investment Financing Statistics in Benin (2026)
According to World Bank World Development Indicators data, 26.6% of firms in Benin used banks to finance investment in 2024. Up from 12% in 2016 to 26.6% in 2024 (+14.6 percentage points). Benin ranks #15 of 44 economies in Sub-Saharan Africa on this measure, and #73 of 144 globally.
Key Statistics
- Latest value (2024)
- 26.6% (2024)
- Business Investment Financing in Benin as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2016
- +14.6 pp (2024)
- Up from 12% in 2016 to 26.6% in 2024 (+14.6 percentage points).
- Earliest value in this dataset (2009)
- 3.8% (2009)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 3.8% in 2009 to 26.6% in 2024.
- Record high (2024)
- 26.6% (2024)
- The 2024 value is the highest in the available World Bank World Development Indicators series for Benin.
- Rank in Sub-Saharan Africa
- #15 of 44 (2024)
- Benin ranks 15 of 44 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #73 of 144 (2024)
- Benin ranks 73 of 144 countries with data globally.
- Sub-Saharan Africa average
- 22.2% (2024)
- Benin (26.6%) is above the average of 22.2% across the 44 countries in Sub-Saharan Africa with data.
- Firms with a bank loan/line of credit (% of firms) (2024)
- 40.9% (2024)
- 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, 2009–2024
| Year | % of firms | Change |
|---|---|---|
| 2024 | 26.6% | +14.6 pp |
| 2016 | 12% | +8.2 pp |
| 2009 | 3.8% | — |
Frequently asked questions
What share of firms in Benin used banks to finance investment?
26.6% of firms in Benin used banks to finance investment in 2024, according to World Bank World Development Indicators data.
How has business investment financing in Benin changed over time?
World Bank World Development Indicators data show a rise from 3.8% in 2009 to 26.6% in 2024.
How does Benin compare with other countries in Sub-Saharan Africa?
Benin ranks 15 of 44 countries in Sub-Saharan Africa with data, with 26.6% versus a regional average of 22.2% (latest values per country).
Where does Benin rank globally on business investment financing?
Benin ranks 73 of 144 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
Source & methodology
Source: World Bank, World Development Indicators, indicator
IC.FRM.BNKS.ZS, 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 .