Benin—Firms Using Banks to Finance Investment (%)
Category: FinanceSource: World Bank World Development Indicators ↗Global Rank: #60 of 117Updated May 2026
Latest Value
26.6%
2024
YoY Change
+120.9%
2016 → 2024
Global Rank
#60
of 117 countries
Maximum
26.6%
2024
Minimum
3.8%
2009
CAGR
+13.8%
3 years
Last
26.6%
Previous
12.0%
Highest
26.6%
Lowest
3.8%
Source
World Bank World Development Indicators
Benin's firms using banks to finance investment (%) was 26.6% in 2024, ranking #60 out of 117 countries. This represents a +120.9% change from 2016. Over the past 3 years, the highest recorded value was 26.6% (2024) and the lowest was 3.8% (2009). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 26.6% | +120.9% |
| 2016 | 12.0% | +216.6% |
| 2009 | 3.8% |
Top Countries — Firms Using Banks to Finance Investment (%)
About This Indicator
Definition
Percentage of firms using banks to finance purchases of fixed assets.
Methodology
Data compiled by Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data.