Benin
General information
Capital: Porto-Novo
Currency unit: CFA franc
Official language: French
Area: 112,760 km²
Population in million: 11,485,000.0
GDP per capita (current US dollars): 902
GDP per capita, PPP (current international $): 2,425
Demography
Labor force participation rate (% of total population ages 15+): 71.2
Annual growth rate of the population: 2.7 %
Mortality rate, infant (per 1,000 live births): 60.5 %
Life expectancy at birth: 61.2 ans
Youth literacy rate Literacy rate, youth total (% of people ages 15-24): 42 %
Production
Gross domestic product (GDP) in billions of US dollars: 10,354,300,000.00
Agriculture value added of GDP: 22.6
Industry value added of GDP: 21.5
Services value added of GDP: 6.8
Trade
Total exports in billions of US dollars: 629,814.00
Total imports in billions of US dollars: 4,341,830.00
Major manufactured products (as % of total exports) :
Bars and rods of iron or steel (1.63 %)
Other bars and rods of iron or steel (1.08 %)
Woven fabrics of cotton (0.93 %)
Bars and rods of iron or steel, forged, hot-rolled, hot-drawn (0.57 %)
Hydraulic cements (0.33 %)
Weight of major primary products excluding minerals and oil (as % of total exports) :
Cotton, not carded or combed (14.97 %)
Coconuts, Brazil nuts and cashew nuts (12.43 %)
Wood in the rough (4.99 %)
Meat and edible offal of the poultry (3.14 %)
Rice (2.80 %)
Global Sustainable Competitiveness Indicator
The indicator highlights the scores of each of the three pillars of the sustainable competitiveness. A larger area means a higher score (0-100) and therefore a more favorable economic situation.
| 2020 | Benin | |
|---|---|---|
| Global Sustainable Competitiveness Indicator | 55 | |
| National attractiveness Benin: 48 | 48 | |
| Price competitiveness Benin: 51 | 51 | |
| Durability and resistance to vulnerabilities Benin: 66 | 66 | |
| Revealed competitivenes and economic performances Benin: - | - |
National attractiveness
| 2020 | Benin | |
|---|---|---|
| National attractiveness | 48 | |
| Infrastructures Benin: 40 | 40 | |
| Market Benin: 48 | 48 | |
| Human and financial capital Benin: 24 | 24 | |
| Political and economic governance Benin: 66 | 66 |
Price competitiveness
| Benin | ||
|---|---|---|
| Price competitiveness | 51 | |
| Macroeconomic competitiveness Benin: 40 | 40 | |
| Products competitiveness Benin: 65 | 65 |
Durability and resistance to vulnerabilities
| 2020 | Benin | |
|---|---|---|
| Durability and resistance to vulnerabilities | 66 | |
| Economical vulnerability Benin: 62 | 62 | |
| Physical Vulnerability to Climate Change Index (PVCCI) Benin: 52 | 52 | |
| Internal Violence Index (IVI) Benin: 21 | 21 |
Revealed competitivenes and economic performances
| Benin | ||
|---|---|---|
| Revealed competitivenes and economic performances | - | |
| Weighted market shares index of the 5 major exported primary products (except oil and ores) Benin: 253 | 253 | |
| Weighted market shares index of the 5 major exported manufactured products Benin: 261 | 261 |