Benin

Benin Economic Outlook

  • Growth in 2014, estimated at 5.5%, was driven by the agricultural and services sectors and by the country’s dynamic construction industry.
  • Based on the implementation of the structural-investments programme, growth is projected at 5.6% in 2015 and 6.0% in 2016, but will depend on how the political and social environment evolves.
  • Reducing regional disparities remains a challenge in Benin and will require implementing a spatial-inclusion policy and promoting regional business clusters.

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

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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