Charting Benin – Charting Economy

Pages

54 pages

Published

January 2022

Update frequency

On a semi-annual basis

Format

PDF, Horizontal, Screen friendly

Key Questions


Begin With Questions, Not Information

 

Part of Benin’s economic profile, economic structure section gives readers useful views to understand what matters for Benin’s economy.

KEY QUESTIONS ADDRESSED

  • What is the size of Benin’s economy in relation to the world’s major economies?
  • What is the size of Benin’s population?
  • What is the demographic structure of Benin? Is it favorable for economic growth?
  • How has the structure of GDP changed over the years?
  • How much does Benin’s economy rely on external trade?
  • What are the key regions for Benin’s economy?
  • Economic Freedom Index: How free is Benin’s economy?

Part of Benin’s economic profile, this section explores Benin’s competitiveness at the global level. It also covers Benin’s attractiveness to foreign direct investment.

KEY QUESTIONS ADDRESSED

  • How competitive is Benin?
  • How are Benin’s competitive factors compared to those of other countries?
  • How is the average wage in Benin compared to others in the region?
  • How has labor productivity in Benin changed over the years and in relation to comparable countries?
  • Is it easy to do business in Benin?
  • How good is Benin in attracting Foreign Direct Investment?

Part of the country’s economic profile, this section explores Benin’s average income and its distribution, poverty as well as other development indicators.

KEY QUESTIONS ADDRESSED

  • What is the level of income for an average person in Benin?
  • What is the poverty rate in Benin and how does it compare to others?
  • How has an unemployment rate in Benin changed over the recent years?
  • How is income distributed in Benin and how does it compare to others?
  • What is the current level of human development in Benin?
  • How has the quality of life in Benin changed over the years?
  • How many SDG has Benin achieved to date?

Part of Benin’s economic outlook, this section explores Benin’s recent economic growth, its key drivers and well as the growth outlook for the coming years.

KEY QUESTIONS ADDRESSED

  • What has been the growth rate of Benin’s economy over the past 10 years and how does it compare with others?
  • What were the key growth drivers for Benin’s economy in the last year?
  • How much does each sector contribute to the overall growth?
  • What is the growth outlook for Benin’s economy over the next 3 years and how does it compare with others?

Part of Benin’s economic outlook, this section explores Benin’s macro-economic risks, including inflation, financial sector, budget deficit,  balance of payment and exchange rate.

KEY QUESTIONS ADDRESSED

  • What is the risk of inflation in Benin over the next 12 months?
  • What is the health of Benin’s banking sector?
  • What has been the trend in Benin’s fiscal budget deficit and the subsequent fiscal risk over the next 5 years?
  • Breaking down Benin’s Balance of Payment: Where are the key risks?
  • How good is Benin in getting foreign exchange by the mean of commerce?
  • Does Benin have enough international reserves to service its debt and for import?
  • What is the FX risk? How has the currency performed compared to others?

From IMF’s World Economic Outlook Report

GDP growth
Inflation
Population
Unemployment rate
Government budget and debt
Current account

Detailed rankings and scores for Botswana and comparable economies.

Starting a business
Dealing with construction permits
Getting electricity
Registering property
Getting credit
Protecting Minority Investors
Paying taxes
Trading across borders
Enforcing contracts
Resolving Insolvency

 

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