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Benin Benin
Benin

Benin

Benin ( ben-EEN, bin-EEN; French: Bénin [benɛ̃], Fon: Benɛ, Fula: Benen), officially the Republic of Benin (French: République du Bénin), and formerly Dahomey, is a country in West Africa. It is bordered by Togo to the west, Nigeria to the east, Burkina Faso to the north-west, and Niger to the north-east. The majority of its population lives on the southern coastline of the Bight of Benin, part of the Gulf of Guinea in the northernmost tropical portion of the Atlantic Ocean. The capital is Porto-Novo, and the seat of government is in Cotonou, the most populous city and economic capital. Benin covers an area of 114,763 square kilometres (44,310 sq mi) and its population in 2021 was estimated to be approximately 13 million. It is a small, tropical country. It is one of the least developed, with an economy significantly dependent on agriculture, and is an exporter of palm oil and cotton. Some employment and income arise from subsistence farming.From the 17th to the 19th century, political entities in the area included the Kingdom of Dahomey, the city-state of Porto-Novo, and other states to the north. This region was referred to as the Slave Coast from the early 17th century due to the high number of people... [More]
  • Last : 27,616.27
  • High : 27,873.78
  • Low : 27,347.79
  • Max Fluctuation : 217.11
  • Max Fluctuation % : 0.98%
  • Open : 27,843.21
  • Time : 03:25:25
  • Yesterday : 27,843.21
  • Change % : 0.82%
  • Change : 226.94
  • Last : 1,826.91
  • High : 1,829.2
  • Low : 1,821.29
  • Max Fluctuation : 3.78
  • Max Fluctuation % : 0.25%
  • Open : 1,827.62
  • Time : 03:25:15
  • Yesterday : 1,827.6
  • Change % : 0.04%
  • Change : 0.69
  • Last : 88.57
  • High : 88.72
  • Low : 88.4
  • Max Fluctuation : 0.07
  • Max Fluctuation % : 0.14%
  • Open : 88.72
  • Time : 03:25:15
  • Yesterday : 88.72
  • Change % : 0.17%
  • Change : 0.15
  • Last : 0.9542
  • High : 0.9547
  • Low : 0.9523
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : 0.9543
  • Time : 03:25:22
  • Yesterday : 0.9543
  • Change % : 0.01%
  • Change : 0.0001

Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Metric
Balance of Trade
-348 23 Jun -464 XOF Billion
CPI Housing Utilities
109 23 Aug 109 points
CPI Transportation
132 23 Aug 130 points
Capacity Utilization
68.6 23 Jun 64.3 percent
Competitiveness Index
45.82 19 Dec 44.4 Points
Competitiveness Rank
125 19 Dec 123
Consumer Price Index CPI
108 23 Aug 111 points
Coronavirus Cases
28014 23 May 27999 Persons
Coronavirus Deaths
163 22 Jul 162 Persons
Corruption Index
43 22 Dec 42 Points
Corruption Rank
72 22 Dec 78
Credit Rating
33 23 Jul
Currency
616 23 Sep 617
Current Account
-735 21 Dec -274 USD Million
Current Account to GDP
-5.7 22 Dec -4.5 percent of GDP
Ease of Doing Business
149 19 Dec 153
Exports
167 23 Jun 177 XOF Billion
Food Inflation
-3.8 23 Aug 1.3 percent
GDP
17.4 22 Dec 17.69 USD Billion
GDP Annual Growth Rate
5.8 23 Jun 5.9 percent
GDP Constant Prices
9912 22 Dec 9329 XOF Billion
GDP From Agriculture
2638 22 Dec 2516 XOF Billion
GDP From Manufacturing
962 22 Dec 897 XOF Billion
GDP From Mining
41.6 22 Dec 39.3 XOF Billion
GDP From Public Administration
694 22 Dec 641 XOF Billion
GDP From Services
4695 22 Dec 4429 XOF Billion
GDP From Transport
865 22 Dec 811 XOF Billion
GDP From Utilities
84.1 22 Dec 77.9 XOF Billion
GDP per capita
1256 22 Dec 1214 USD
GDP per capita PPP
3435 22 Dec 3322 USD
Government Budget
-5.5 22 Dec -5.7 percent of GDP
Government Debt to GDP
52.8 22 Dec 50.3 percent of GDP
IP Addresses
5580 17 Mar 5652 IP
Imports
514 23 Jun 642 XOF Billion
Industrial Production
0.2 23 Jun 1.1 percent
Inflation Rate
2.1 23 Aug 3.9 percent
Inflation Rate Mom
-2.8 23 Aug 0.3 percent
Interbank Rate
4.48 23 Jun 5.18 percent
Interest Rate
5.25 23 Sep 5 percent
Internet Speed
1517 17 Mar 1642 KBps
Military Expenditure
97.2 22 Dec 97.4 USD Million
Money Supply M0
1030144 23 Jun 1052801 XOF Million
Population
12.91 22 Dec 12.51 Million
Rent Inflation
2.2 23 Aug 2.3 percent
Retail Sales YoY
-3.2 23 Jun 8.4 percent
Terrorism Index
4.84 22 Dec 3.16 Points
Unemployment Rate
1.7 22 Dec 1.8 percent
Indicator Actual Q1 Q2 Q3 Q4 Metric
CPI Transportation 132 132 133 134 135 points
Consumer Price Index CPI 108 115 116 114 110 points
Currency 616 638 661 686 711
Current Account to GDP -5.7 -6 percent of GDP
Exports 167 150 130 130 130 XOF Billion
Food Inflation -3.8 2 1.5 2.4 1.7 percent
GDP 17.4 18.46 USD Billion
GDP Annual Growth Rate 5.8 6.1 5.7 6 6 percent
GDP Constant Prices 9912 10517 XOF Billion
GDP From Agriculture 2638 2798 XOF Billion
GDP From Services 4695 4981 XOF Billion
GDP per capita 1256 1332 USD
GDP per capita PPP 3435 3645 USD
Government Budget -5.5 -5.6 percent of GDP
Government Debt to GDP 52.8 53 percent of GDP
Imports 514 450 500 500 500 XOF Billion
Inflation Rate 2.1 3.7 3.2 2.5 2 percent
Inflation Rate Mom -2.8 0.5 0.3 1 0.7 percent
Interbank Rate 4.48 4.48 4.23 3.98 3.98 percent
Interest Rate 5.25 5.25 5 4.75 4.75 percent
Population 12.91 12.78 Million
Unemployment Rate 1.7 1.8 percent