Benin

Benin Economic Outlook

  • Driven by agriculture and trade, real GDP growth is estimated at 5.0% in 2013, down from 5.4% in 2012.
  • Reforms have continued in public finances and in the port sector, but a clear national strategy remains to be defined for managing the cotton sector.
  • Global value chains (GVCs) are embryonic in Benin, but some activity sectors may
    be integrated into them provided the constraints weighing on the private sector are eased.

Benin and the AfDB

Cooperation between the African Development Bank and Benin dates back to 1972. Financing provided by the Bank since that date amounts to UA 709 million, corresponding nearly to FCFA 550 billion, and covering several areas. The Bank’s investments in this country are as follows: transport, 27.8 per cent; agriculture, 26.3 per cent; multi-sector, 18.8 per cent; social sector, 15.8 per cent, electricity, water, sanitation and communication, 10.5 per cent; finance 0.5 per cent and industry 0.3 per cent.

Contacts

Bureau de Liaison du Bénin

S/C PNUD
Rue des Dominicains Lot 111 – Zone Résidentielle
Cotonou, Bénin

Tél : (+229) 21313134 / 21313079

M. Daniel Ndoye, Economiste Pays Résident

Department West Africa Region

Mr. Franck Perrault, Director West Africa Region

African Development Bank Group
24ème  Etage, Immeuble  CCIA, Plateau
01 Boite Postale 1387 Abidjan 01
Côte d’Ivoire

Phone: (+225) 20 20 40 46


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Key Facts

Flag:
Capital: Porto Novo
Area: 112,620 sq km
Total Population 2013: 10.3 Million
Urban Population 2013: 46.22%
Female Population 2013: 50.17%
GDP: US$ 8.4 Billion
GNI Per Capita 2013: US$ 750
Inflation Rate: 2.60%
Crude Birth Rate (per 1000): 36.41%
Human Development Index (rank / 187): 166
Human Development Index (scale 0 to 1): 0.436
Membership Date: 10/09/1964
Cumulative Approvals (1967-2013): UA 665.3 Million

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