Benin - Economic Forecasts - 2018-2020 Outlook

This page has 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.


MARKETS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 571.87
545 563 581 600 681
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate 5.50
percent
5.2 4.9 5.53 4.8 5.8
GDP 8.58
USD Billion
8.9 9.05 9.2 9.3 9.4
GDP per capita 837.30
USD
831 860 838 871 877
GDP per capita PPP 2010.00
USD
1996 2004 2013 2090 2106
GDP Constant Prices 4094.80
XOF Billion
4308 4295 4529 4291 5067
GDP From Agriculture 855.40
XOF Billion
900 897 946 896 1059
GDP From Manufacturing 874.40
XOF Billion
920 917 967 916 1082
GDP From Mining 14.70
XOF Billion
15.46 15.42 16.26 15.41 18.19
GDP From Public Administration 315.90
XOF Billion
332 331 349 331 391
GDP From Services 1510.50
XOF Billion
1589 1585 1671 1583 1869
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 1.00
percent
1 1 1 1 1
Population 11.50
Million
11.31 11.39 11.48 11.55 12.66
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 1.50
percent
2.2 1.5 2.4 1.6 1.61
Food Inflation 1.40
percent
1.17 1.9 0.61 0.87 1.03
Consumer Price Index CPI 113.00
Index Points
116 112 117 113 120
CPI Transportation 113.50
Index Points
116 114 118 120 122
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 4.50
percent
4.5 4.5 4.5 4.5 4.5
Deposit Interest Rate 7.11
percent
7.33 7.5 7.66 7.71 8.51
Interbank Rate 7.35
percent
5.5 5.5 5.5 5.5 5.5
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 80.95
CFA Franc Billion
-268 -315 -301 -294 -297
Exports 80.98
CFA Franc Billion
118 118 118 118 118
Imports 0.04
CFA Franc Billion
387 433 417 413 415
Current Account -744.72
USD Million
-792 -773 -754 -747 -878
Current Account to GDP -7.10
percent
-8 -8 -8 -7 -5
Terrorism Index 0.00
0.04 0.04 0.04 0.05 0.07
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 23.20
percent
19 19 19 23 20
Government Budget -5.80
percent of GDP
-5.23 -5.04 -4.86 -4.56 -4.18
Military Expenditure 112.26
USD Million
98.74 99.75 101 102 113
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Internet Speed 1516.62
KBps
1549 1501 1534 1534 1530
IP Addresses 5580.00
IP
5071 4990 4914 4844 4352
Leading Economic Index 0.80
Percent
0.76 0.76 0.76 0.76 0.76
Ease of Doing Business 151.00
151 151 151 151 151
Capacity Utilization 55.30
percent
62 62 62 62 62
Competitiveness Index 3.47
Points
3.49 3.49 3.49 3.49 3.51
Competitiveness Rank 120.00
122 122 122 122 122
Corruption Index 39.00
Points
37 38 38 38 35
Corruption Rank 85.00
85 85 85 85 85
Industrial Production 26.60
percent
-16.89 1.26 16.29 30.52 9.85
CONSUMER Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Retail Sales Yoy 21.80
percent
11.96 9.83 8.59 7.86 6.83
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Sales Tax Rate 18.00
percent
18 18 18 18 18
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Temperature 25.99
celsius
28.47 25.5 26.69 28.35 27.85