Bank assets as a share of GDP reached 69.1 % in 2015 in Benin, according to the National Central Bank. This is 4.2 % more than in the previous year.
Historically, bank assets as a share of GDP in Benin reached an all time high of 69.1 % in 2015 and an all time low of 8.15 % in 1998. When compared to Benin's main peers, bank assets as a share of GDP in Burkina Faso amounted to 57.7 %, 30.2 % in Niger, 30.3 % in Nigeria and 79.6 % in Togo in 2015.
Benin has been ranked 87th within the group of 147 countries we follow in terms of bank assets as a share of GDP, 19 places above the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.