Benin | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 611.73 620 626 632 638 736 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Annual Growth Rate 6.10 5.2 5.8 5.7 5.5 5.8 percent [+]
GDP 8.48 8.9 9.04 9.17 9.31 9.7 USD Billion [+]
GDP per capita 827.20 826 829 831 833 861 USD [+]
GDP per capita PPP 1985.61 1989 1996 2003 2010 2102 USD [+]
GDP Constant Prices 4048.60 3771 3931 4091 4251 3540 XOF Billion [+]
GDP From Agriculture 881.30 686 706 726 746 1071 XOF Billion [+]
GDP From Manufacturing 778.80 797 781 764 747 506 XOF Billion [+]
GDP From Mining 10.70 9.13 9.54 9.95 10.36 15.19 XOF Billion [+]
GDP From Public Administration 315.00 355 365 375 384 499 XOF Billion [+]
GDP From Services 1491.30 1424 1437 1450 1464 1080 XOF Billion [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 1.00 1 1 1 1.28 1 percent [+]
Population 10.88 11.17 11.24 11.31 11.38 12.34 Million [+]
Living Wage Individual 63300.00 63450 63450 63450 63450 63450 XOF/Month [+]
Wages High Skilled 120000.00 115000 115000 115000 115000 115000 XOF/Month [+]
Wages Low Skilled 48000.00 48000 48000 48000 48000 48000 XOF/Month [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate -3.40 -2.86 0.2 0.4 0.5 1.61 percent [+]
Food Inflation -6.20 -3.37 -4.09 -3.77 -3.92 -3.87 percent [+]
Consumer Price Index CPI 108.80 110 110 110 110 110 Index Points [+]
Cpi Transportation 109.60 110 110 110 110 110 Index Points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 3.50 3.5 3.5 3.5 3.5 3.5 percent [+]
Deposit Interest Rate 3.50 3.5 3.5 3.5 3.5 3.5 percent [+]
Interbank Rate 3.96 5.03 4.88 4.85 4.87 4.87 percent [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -278.15 -284 -237 -222 -263 -253 CFA Franc Billion [+]
Exports 42.33 55.83 68.66 52.22 44.76 53.24 CFA Franc Billion [+]
Imports 320.48 322 283 281 295 274 CFA Franc Billion [+]
Current Account -884.91 -964 -989 -1015 -1040 -1525 USD Million [+]
Current Account to GDP -15.10 -11.08 -11.1 -11.13 -11.15 -12.54 percent [+]
Terrorism Index 0.00 0.07 0.07 0.08 0.08 0.07 [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 20.80 18.85 19.1 19.35 19.6 19.71 percent [+]
Government Budget -4.30 -3.09 -2.86 -2.64 -2.41 -2.57 percent of GDP [+]
Military Expenditure 108.20 106 111 115 117 134 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Leading Economic Index 0.70 0.7 0.69 0.69 0.69 0.69 [+]
Ease of Doing Business 155.00 157 157 158 158 162 [+]
Industrial Production -4.70 2.24 -3 -0.44 -0.45 -0.57 percent [+]
Capacity Utilization 55.40 64.09 74.42 73.32 72.93 69.44 percent [+]
Competitiveness Index 3.47 3.54 3.54 3.54 3.54 3.52 Points [+]
Competitiveness Rank 124.00 122 122 122 122 109 [+]
Corruption Index 37.00 34.49 34.05 33.61 33.18 31.69 Points [+]
Corruption Rank 83.00 97.78 98.34 98.89 99.44 98.08 [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Retail Sales Yoy -18.80 32.23 25.32 25.32 -0.39 7.34 percent [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Sales Tax Rate 18.00 18 18 18 18 18 percent [+]





Economic Forecasts for Benin including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Benin economy. 12/7/2016