Markets Actual Q1 Q2 Q3 Q4 2022
Currency 537.00 541 545 549 553 561

Overview Actual Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) 1.60 4.2 5 5.6 5.8 6.5
Unemployment Rate (%) 2.00 2.3 2.3 2.3 2.3 2.2
Inflation Rate (%) 2.10 2 2.8 4 4.1 3.7
Interest Rate (%) 4.00 4 4 4 4 4
Balance of Trade (CFA Franc Billion) 247.80 -335 -335 -335 -308 -335
Current Account to GDP (%) -5.70 -6 -6 -6 -6 -5
Government Debt to GDP (%) 21.60 22 22 22 22 20
Government Budget (% of GDP) -2.50 -3.7 -3.7 -3.7 -3.7 -3.5

GDP Actual Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) 1.60 4.2 5 5.6 5.8 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 4872 4755 4824 5154 5154
GDP From Agriculture (XOF Billion) 983.50 1014 1010 1025 1073 1073
GDP From Manufacturing (XOF Billion) 1012.80 1063 1040 1055 1125 1125
GDP From Mining (XOF Billion) 15.90 16.9 16.33 16.57 17.88 17.88
GDP From Public Administration (XOF Billion) 330.00 354 339 344 374 374
GDP From Services (XOF Billion) 1696.10 1795 1742 1767 1899 1899

Labour Actual Q1 Q2 Q3 Q4 2022
Unemployment Rate (%) 2.00 2.3 2.3 2.3 2.3 2.2
Population (Million) 11.88 12.46 12.46 12.46 12.42 12.73

Prices Actual Q1 Q2 Q3 Q4 2022
Inflation Rate (%) 2.10 2 2.8 4 4.1 3.7
Food Inflation (%) 3.40 0.8 1.2 1.5 1.3 1.5
Inflation Rate Mom (%) -0.50 0.8 1 1 1.3 1.4
CPI Transportation (points) 104.60 112 110 109 104 117
Consumer Price Index CPI (points) 102.30 103 106 107 106 107

Money Actual Q1 Q2 Q3 Q4 2022
Interest Rate (%) 4.00 4 4 4 4 4
Interbank Rate (%) 5.17 5.27 3.66 3.66 5.27 5.27

Trade Actual Q1 Q2 Q3 Q4 2022
Balance of Trade (CFA Franc Billion) 247.80 -335 -335 -335 -308 -335
Current Account to GDP (%) -5.70 -6 -6 -6 -6 -5
Imports (CFA Franc Billion) 362.50 460 460 460 480 480
Exports (CFA Franc Billion) 114.70 125 125 125 145 145

Government Actual Q1 Q2 Q3 Q4 2022
Government Debt to GDP (%) 21.60 22 22 22 22 20
Government Budget (% of GDP) -2.50 -3.7 -3.7 -3.7 -3.7 -3.5

Taxes Actual Q1 Q2 Q3 Q4 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.