Benin BJ: BOP: Financial Account: Foreign Direct Investment: Net Outflows: % of GDP

Benin BJ: BOP: Financial Account: Foreign Direct Investment: Net Outflows: % of GDP data was reported at 0.249 % in 2023. This records a decrease from the previous number of 0.267 % for 2022. Benin BJ: BOP: Financial Account: Foreign Direct Investment: Net Outflows: % of GDP data is updated yearly, averaging 0.000 % from Dec 1974 (Median) to 2023, with 50 observations. The data reached an all-time high of 0.559 % in 2011 and a record low of -6.060 % in 1991. Benin BJ: BOP: Financial Account: Foreign Direct Investment: Net Outflows: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Benin – Table BJ.World Bank.WDI: Balance of Payments: Capital and Financial Account. Foreign direct investment refers to direct investment equity flows in an economy. It is the sum of equity capital, reinvestment of earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. This series shows net outflows of investment from the reporting economy to the rest of the world, and is divided by GDP.;International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and Development and official national sources.;Weighted average;Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

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