Markets Actual Q2 Q3 Q4 Q1 2022
Currency 539.75 546 550 554 558 566

Overview Actual Q2 Q3 Q4 Q1 2022
GDP Annual Growth Rate (%) 3.40 4.5 4.2 4.4 4.6 6.5
Unemployment Rate (%) 2.00 2.3 2.3 2.3 2.2 2.2
Inflation Rate (%) -0.50 1.7 3.6 4 3.6 3.7
Interest Rate (%) 4.00 4 4 4 4 4
Balance of Trade (CFA Franc Billion) -284.82 -335 -335 -308 -308 -335
Current Account to GDP (%) -5.50 -6 -6 -6 -6 -5
Government Debt to GDP (%) 21.60 22 22 22 22 20
Government Budget (% of GDP) -3.70 -3.7 -3.7 -3.7 -3.7 -3.5

GDP Actual Q2 Q3 Q4 Q1 2022
GDP Annual Growth Rate (%) 3.40 4.5 4.2 4.4 4.6 6.5
GDP (USD Billion) 14.39 14 14 14 14 17
GDP per capita (USD) 1259.81 1200 1200 1200 1200 1260
GDP per capita PPP (USD) 3287.30 2850 2850 2850 2850 3000
GDP Constant Prices (XOF Billion) 4629.70 4838 4824 4833 4843 5148
GDP From Agriculture (XOF Billion) 2083280.00 2116292 2110217 2174944 2179111 2316316
GDP From Manufacturing (XOF Billion) 1012.80 1058 1055 1057 1059 1126
GDP From Mining (XOF Billion) 15.90 16.62 16.57 16.6 16.63 17.68
GDP From Public Administration (XOF Billion) 330.00 345 344 345 345 367
GDP From Services (XOF Billion) 3841360.00 3985222 3973782 4010380 4018063 4271055

Labour Actual Q2 Q3 Q4 Q1 2022
Unemployment Rate (%) 2.00 2.3 2.3 2.3 2.2 2.2
Population (Million) 12.11 12.46 12.46 12.42 12.42 12.73

Prices Actual Q2 Q3 Q4 Q1 2022
Inflation Rate (%) -0.50 1.7 3.6 4 3.6 3.7
Food Inflation (%) 1.20 2.4 5 4 1.4 3
Inflation Rate Mom (%) 0.90 1 0.7 1.3 1.3 1.4
CPI Transportation (points) 105.00 108 116 112 109 116
Consumer Price Index CPI (points) 103.20 106 108 107 107 111

Money Actual Q2 Q3 Q4 Q1 2022
Interest Rate (%) 4.00 4 4 4 4 4
Interbank Rate (%) 4.55 4.55 4.55 4.55 4.55 4.55

Trade Actual Q2 Q3 Q4 Q1 2022
Balance of Trade (CFA Franc Billion) -284.82 -335 -335 -308 -308 -335
Current Account to GDP (%) -5.50 -6 -6 -6 -6 -5
Imports (CFA Franc Billion) 379.65 460 460 480 480 480
Exports (CFA Franc Billion) 94.83 125 125 145 145 145

Government Actual Q2 Q3 Q4 Q1 2022
Government Debt to GDP (%) 21.60 22 22 22 22 20
Government Budget (% of GDP) -3.70 -3.7 -3.7 -3.7 -3.7 -3.5

Taxes Actual Q2 Q3 Q4 Q1 2022
Sales Tax Rate (%) 18.00 18 18 18 18 18


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.