Benin | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 619.77 640 646 652 659 753 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Annual Growth Rate 5.00 5.8 5.7 5.5 5.3 5.8 percent [+]
GDP 8.29 9.59 9.36 9.13 8.9 9.7 USD Billion [+]
GDP per capita 804.72 818 820 822 824 857 USD [+]
GDP per capita PPP 1931.66 1947 1935 1922 1910 2005 USD [+]
GDP Constant Prices 4048.60 2029 2610 3190 3771 3540 XOF Billion [+]
GDP From Agriculture 881.30 639 659 679 699 1143 XOF Billion [+]
GDP From Manufacturing 778.80 353 501 649 797 506 XOF Billion [+]
GDP From Mining 10.70 3.52 5.39 7.26 9.13 15.19 XOF Billion [+]
GDP From Public Administration 315.00 205 255 305 355 499 XOF Billion [+]
GDP From Services 1491.30 692 936 1180 1424 1080 XOF Billion [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 1.00 1 1 1.12 1.24 1 percent [+]
Population 11.19 10.94 11.02 11.09 11.17 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 Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate -2.80 0.2 0.4 0.5 0.8 1.61 percent [+]
Food Inflation -3.80 -3.48 -3 -3.18 -3.1 -3.12 percent [+]
Consumer Price Index CPI 110.60 110 110 110 110 110 Index Points [+]
Cpi Transportation 108.80 110 110 110 110 110 Index Points [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 4.50 4.5 4.5 4.5 4.5 4.5 percent [+]
Deposit Interest Rate 5.57 5.95 5.93 5.91 5.89 5.88 percent [+]
Interbank Rate 3.96 4.88 4.85 4.87 4.87 4.87 percent [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -278.15 -237 -222 -263 -269 -253 CFA Franc Billion [+]
Exports 42.33 68.66 52.22 44.76 53.65 53.24 CFA Franc Billion [+]
Imports 320.48 283 281 295 294 274 CFA Franc Billion [+]
Current Account -884.91 -869 -901 -932 -964 -1525 USD Million [+]
Current Account to GDP -15.10 -10.82 -10.9 -10.99 -11.08 -12.54 percent [+]
Terrorism Index 0.00 0.06 0.06 0.07 0.07 0.07 [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 20.80 22.22 21.1 19.97 18.85 19.71 percent [+]
Government Budget -4.30 -2.33 -2.58 -2.84 -3.09 -2.57 percent of GDP [+]
Military Expenditure 108.20 106 111 115 117 134 USD Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Leading Economic Index 0.70 0.62 0.68 0.66 0.66 0.66 [+]
Ease of Doing Business 155.00 157 157 158 158 162 [+]
Industrial Production -10.80 -2.06 -0.58 -0.63 -0.63 -0.64 percent [+]
Capacity Utilization 67.20 76 72.41 72.59 67.06 69.85 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 36.67 35.94 35.22 34.49 31.69 Points [+]
Corruption Rank 83.00 88.1 91.33 94.56 97.78 98.08 [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Retail Sales Yoy -32.40 25.32 25.32 -21.9 -13.72 -25.8 percent [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 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. 1/22/2017