Economy · Remittance inflows · Benin
Benin’s remittance inflows was $0.34bn in 2023.
$0.34bn
2023
Up $0.09bn from 2022.
Stale — last updated 8 Oct 2026
In plain words
$0.34bn
What it is. Remittance inflows add up the money and goods that migrant workers and other people abroad send to households in Benin, valued in current US dollars. The figure combines personal transfers with the pay of short-term workers abroad, and it is usually built from balance-of-payments records and central bank surveys. Money carried by hand or moved through informal channels is hard to capture, so the true total is likely to differ from the recorded one.
Higher is better. Higher is better here because remittances bring in foreign currency and give recipient households income that does not depend on local jobs. The latest figure, for 2023, is $0.34bn, up from $0.25bn a year earlier, a rise of 35.2%. That is the highest level since 2014, the start of the window. The lowest point in the same span was $0.2bn in 2017, so inflows now sit well above the bottom of their range.
Why it matters. For Beninese households that receive transfers, the extra money helps cover food, school fees and health costs. For the state, a larger inflow adds to the foreign currency entering the economy. Recorded flows of $0.34bn remain modest in absolute terms, so the effect is concentrated among the families with relatives abroad.
| Period | Remittance inflows · Benin |
|---|---|
| 2014 | $0.3bn |
| 2015 | $0.21bn |
| 2016 | $0.22bn |
| 2017 | $0.2bn |
| 2018 | $0.2bn |
| 2019 | $0.22bn |
| 2020 | $0.2bn |
| 2021 | $0.23bn |
| 2022 | $0.25bn |
| 2023 | $0.34bn |
Source: World Bank, World Development Indicators (CC BY 4.0) · Licence: CC BY 4.0
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Strata-AF™ Data, Remittance inflows, Benin, 2023; source World Bank, World Development Indicators (CC BY 4.0), retrieved 8 Oct 2026; https://data.strata-af.com/economy/remittance-inflows/benin
Data insights · Worked out from the published figures
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Methodology
Personal remittances received, current US dollars. Unit: USD bn.
Source: World Bank, World Development Indicators (series BX.TRF.PWKR.CD.DT), retrieved through the World Bank API and published under CC BY 4.0. Updated annually; the World Bank's own source notes apply.