Benin - Trade in services (% of GDP)

Trade in services (% of GDP) in Benin was 8.31 as of 2020. Its highest value over the past 46 years was 21.50 in 1995, while its lowest value was 7.24 in 2005.

Definition: Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1974 11.30
1975 12.71
1976 13.14
1977 13.84
1978 13.37
1979 11.66
1980 12.16
1981 16.22
1982 14.33
1983 13.02
1984 14.48
1985 14.24
1986 14.29
1987 14.74
1988 14.87
1989 14.61
1990 13.11
1991 16.89
1992 20.19
1993 14.14
1994 20.25
1995 21.50
1996 13.22
1997 12.71
1998 13.60
1999 10.73
2000 9.37
2001 9.26
2002 8.67
2003 7.99
2004 8.17
2005 7.24
2006 8.15
2007 9.83
2008 8.80
2009 7.39
2010 9.35
2011 8.57
2012 9.15
2013 10.19
2014 10.28
2015 8.09
2016 9.51
2017 8.09
2018 8.92
2019 9.27
2020 8.31

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments