Questions
Questions on the economy of Benin
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What is the GDP of Benin?
24.6 bn$ in 2025 (IMF, current dollars): no. 24 of 53 African economies.
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What is the economic growth of Benin?
Real GDP growth of +8.1 % in 2025 (IMF estimate). The IMF projects +7.0 % for 2026.
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What GDP does the IMF project for Benin in 2030?
38.3 bn$ in 2030 according to the IMF projections, against 24.6 bn$ in 2025: real growth of 6.8 % a year on average.
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Is Benin a rich country?
GDP per capita of 1,661 $ in 2025, close to the African median (1,768 $): no. 28 of 53 in Africa per person (IMF).
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How many people live in Benin?
14.8 M inhabitants in 2025 (IMF): no. 28 in Africa by population.
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What is the inflation rate in Benin?
1.1 % in 2025, average annual change in consumer prices (IMF). Projection for 2026: 0.8 %.
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Is Benin highly indebted?
Public debt of 59.3 % of GDP in 2025, against a median of 53.2 % in Africa: no. 22 of 52 from the most indebted (IMF).
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Is Benin in default?
No. Its rating is BB− (S&P BB− · Moody's Ba3 · Fitch B+). Risk of debt distress: moderate (IMF-World Bank, 14 Jul 2025).
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What is the credit rating of Benin?
S&P BB− · Moody's Ba3 · Fitch B+: fair rating, no. 7 of the 34 African countries rated.
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What is the currency of Benin?
Its currency: West African CFA franc (XOF). Fixed rate: 655.957 XOF for 1 EUR.
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What does Benin export?
In 2024, mostly: Cotton (36.2 %), Oil seeds (27.4 %), Food residues, animal feed (8.0 %). First client: Bangladesh (CEPII, BACI).
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Which economic communities is Benin part of?
ECOWAS (Economic Community of West African States), WAEMU (West African Economic and Monetary Union).
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Does Benin have a stock exchange?
Its companies are listed on the Bourse Régionale des Valeurs Mobilières, the regional exchange shared by 8 countries (48 listed securities).
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What share of the population of Benin has electricity?
59.0 % of the population in 2024 (World Bank).
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Answers written from the latest figures of the IMF, the World Bank, CEPII, the rating agencies and the IMF-World Bank debt analyses. Method and sources