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In 2016, M1 for Benin was 1,241,747 million LCU. M1 of Benin increased from 572,529 million LCU in 2007 to 1,241,747 million LCU in 2016 growing at an average annual rate of 9.43 %.The description is composed by our digital data assistant.
Money is the sum of currency outside banks and demand deposits other than those of central government. This series, frequently referred to as M1 is a narrower definition of money than M2. Data are in current local currency.