The total population in Benin was estimated at 11.8 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Benin had a population of 2.4 million people. The population of Benin represents 0.13 percent of the world´s total population which arguably means that one person in every 766 people on the planet is a resident of Benin. This page provides the latest reported value for - Benin Population - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in Benin was last recorded at 4.50 percent. Interest Rate in Benin averaged 4.03 percent from 2010 until 2020, reaching an all time high of 4.50 percent in December of 2016 and a record low of 3.50 percent in September of 2013. Benin is a member of the Economic and Monetary Community of West Africa (UEMOA). In UEMOA, interest rates decisions are taken by the Central Bank of West African States’ Monetary Policy Committee. The Central Bank of West African States’ official rate is the key interest rate. This page provides - Benin Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Benin was recorded at 0.50 percent in January of 2020. Inflation Rate in Benin averaged 2.09 percent from 2001 until 2020, reaching an all time high of 15.20 percent in August of 2008 and a record low of -3.80 percent in April of 2017. In Benin, the main components of the consumer price index are: Food and Non-Alcoholic Beverages (37.5 percent of total weight); Restaurants and Hotels (11.6 percent); Transports (11 percent) and Housing and Utilities (10.9 percent). Others include: Education (5.6 percent); Clothing and Footwear (5.1 percent); Miscellaneous Goods and Services (4.9 percent) and Health (4.6 percent). Communication, Household Contents, Equipment and Maintenance, Recreation and Culture and Alcoholic Beverages and Tobacco account for the remaining 8.8 percent of total weight. . This page provides the latest reported value for - Benin Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Consumer Price Index in Benin increased 1.30 percent in January of 2020 over the previous month. Inflation Rate Mom in Benin averaged 0.13 percent from 2010 until 2020, reaching an all time high of 5 percent in January of 2012 and a record low of -2.60 percent in September of 2017. This page provides - Benin Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Benin increased 3.60 percent in February of 2020 over the same month in the previous year. Food Inflation in Benin averaged 1.42 percent from 2010 until 2020, reaching an all time high of 14.86 percent in January of 2011 and a record low of -6.70 percent in April of 2017. This page provides the latest reported value for - Benin Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Benin recorded a government debt equivalent to 26.20 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Benin averaged 27.69 percent from 2000 until 2018, reaching an all time high of 58.20 percent in 2001 and a record low of 10.50 percent in 2007. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Benin Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Benin recorded a Government Budget deficit equal to 4.70 percent of the country's Gross Domestic Product in 2018. Government Budget in Benin averaged -2.83 percent of GDP from 2002 until 2018, reaching an all time high of 0.20 percent of GDP in 2007 and a record low of -6.50 percent of GDP in 2015. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Benin Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Benin increased 20.30 percent in the fourth quarter of 2019 over the same quarter in the previous year. Industrial Production in Benin averaged 5.19 percent from 2009 until 2019, reaching an all time high of 48.80 percent in the third quarter of 2012 and a record low of -29.20 percent in the second quarter of 2015. In Benin, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides - Benin Industrial Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Capacity Utilization in Benin decreased to 56.30 percent in the fourth quarter of 2019 from 76.30 percent in the third quarter of 2019. Capacity Utilization in Benin averaged 64.99 percent from 2008 until 2019, reaching an all time high of 78.30 percent in the third quarter of 2015 and a record low of 46.90 percent in the third quarter of 2010. This page provides - Benin Capacity Utilization- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in Benin decreased to 103.70 points in March from 104.20 points in February of 2020. Consumer Price Index CPI in Benin averaged 98.70 points from 2009 until 2020, reaching an all time high of 104.20 points in February of 2020 and a record low of 88.70 points in June of 2009. In Benin, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Benin Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Benin decreased to 108.30 points in March of 2020 from 110.30 points in February of 2020. CPI Transportation in Benin averaged 112.23 points from 2009 until 2020, reaching an all time high of 140.50 points in January of 2012 and a record low of 91.20 points in June of 2009. This page provides - Benin Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cpi Housing Utilities in Benin increased to 104.20 points in March from 103.30 points in February of 2020. Cpi Housing Utilities in Benin averaged 111.74 points from 2009 until 2020, reaching an all time high of 118.90 points in September of 2012 and a record low of 96.60 points in May of 2019. This page provides - Benin Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Benin expanded 7.50 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Benin averaged 4.28 percent from 1961 until 2019, reaching an all time high of 9.95 percent in the fourth quarter of 1981 and a record low of -4.90 percent in the fourth quarter of 1975. Benin is one of the healthiest African democracies and has an active civil society. Agriculture is the most important sector of the economy. A large part of the population still depends on subsistence agriculture and agriculture products account for over 70 percent of total exports. Recent government investment in infrastructure, agriculture and tourism may result in growth in coming years. This page provides - Benin GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Benin stands at B+ with stable outlook. Moody's credit rating for Benin was last set at B2 with positive outlook. Fitch's credit rating for Benin was last reported at B with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Benin thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Benin as reported by major credit rating agencies.

Benin recorded 242 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Benin reported 2 Coronavirus Deaths. This page includes a chart with historical data for Benin Coronavirus Cases.

Benin recorded 2 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Benin reported 242 Coronavirus Cases. This page includes a chart with historical data for Benin Coronavirus Deaths.

Benin recorded 62 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Benin reported 2 Coronavirus Deaths. This page includes a chart with historical data for Benin Coronavirus Recovered.

Retail Sales in Benin decreased 4.50 percent in the fourth quarter of 2019 over the same quarter in the previous year. Retail Sales Yoy in Benin averaged 7.10 percent from 2010 until 2019, reaching an all time high of 47.90 percent in the third quarter of 2015 and a record low of -32.40 percent in the third quarter of 2016. This page provides - Benin Retail Sales YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Interbank Rate in Benin increased to 4.23 percent in February from 3.64 percent in January of 2020. Interbank Rate in Benin averaged 5.24 percent from 2005 until 2020, reaching an all time high of 7.35 percent in February of 2018 and a record low of 3.64 percent in January of 2020. The interbank rate is the rate of interest charged on short-term loans made between banks in the local currency. This page provides - Benin Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

She's the uber-talented star of contemporary classics such as American Beauty and The American President. 

Cameroon have finished second in Group F of the Africa Cup of Nations after being held to a goalless draw by Benin, who secured their passage to knockout phase for the first time.

Senegal reached the last four of the Africa Cup of Nations for the first time since 2006 on Wednesday night courtesy of a 1-0 win over Benin in the quarter-finals.

Honorary Consulate General of India, Cotonou
Onsulat de L Inde, Nirvana,
Lot No.1430 R , Vedoko Missogbe,
Cotonou, Benin.[*Under jurisdiction of High Commission of India, Abuja]

Telephone: 00-229-21-385220, 97-974502(R), 95-954091 (R), 90-905105 (R)
Fax: 00-229-21-380724
E-Mail:indconsul.benin@sify.com,ashokmir@yahoo.com,ashokmir@gmail.com
Website:http://www.hciabuja.gov.in

Honorary Consul General*
Ashok R. Mirchandani

Barker Library - TA357.5.D37 K56 2019