Highlights 

  • The debt-to-GDP ratio projected at 55.1% by end 2018 is expected to continue from its level of 2018 due to the increase in public investment. However, the debt level will be less than the 70% ceiling set under the Pact of convergence, stability, growth and solidarity of WAEMU.
  • The tertiary sector provides more than 50% of GDP because of the heavy reliance of the Beninese economy on re-export and transit trade to Nigeria. The agricultural sector, dominated by cotton production, accounts for 25% of GDP and provides between 45 and 55% of jobs in the country. The contribution of the various sectors to economic growth in 2017 is as follows: primary : 1.4 percentage points; secondary : 1.1 and tertiary : 3.1.
  • Inflation in Benin is kept in check with a medium-term projection below the Community threshold of 3%.
  • In terms of structural advantages, Benin benefits from the following :
    • a seaport used by several landlocked countries 
    • proximity to Nigeria, the most populous West African country, particularly through re-export trade
    • a stable anchor of its currency to the euro 
    • good prospects for major infrastructure projects (roads, airport, port and rail construction), housing, telecommunications, tourism and energy production through the implementation of an extensive investment plan of the Government (PAG).

 

 

2013

2014

2015

2016

2017

2018

Real GDP growth

7.2

6.4

2.1

4.0

5.6

6.0

Inflation rate (annual average)

1.0

-1.1

0.3

-0.8

0,1

0.8

Underlying budget balance / Nominal GDP (%)*

-2.6

-1.9

-8.0

-6.0

-5,9

-4.7

Investment ratio*

27.8

28.6

26.0

24.6

28.4

28.4

Current balance, grants included*

-7.4

-9.1

-8.9

-9.4

-11.5

-10.4

Overall debt*

25.3

30.5

42.4

49.7

54.6

55.1

Sources : BCEAO except the debt data provided by the IMF (Regional Economic outlook report, April 2018)
* in % of GDP 

Loading...

InstrumentDate of operationValue dateDeadlineAmount(millions of FCFA)More info
T-Bill 13/06/201914/06/201912/09/201925 000More info | CompletedBénin 13/06/2019
T-Bill 16/05/201917/05/201914/11/201925 000More info | CompletedBénin 16/05/2019
T-Bond |SI (Security 1) 18/04/201919/04/201917/04/202430 000More info | CompletedSI - Bénin 18/04/2019
T-Bond |SI (Security 2) 18/04/201919/04/201917/04/202630 000More info | CompletedSI - Bénin 18/04/2019
T-Bond 07/03/201908/03/201908/03/202415 000More info | CompletedBénin 07/03/2019
T-Bill 21/02/201922/02/201922/08/201925 000More info | CompletedBénin 21/02/2019
T-Bond 07/02/201908/02/201925/01/202220 000More info | CompletedBénin 07/02/2019
T-Bond 24/01/201925/01/201925/01/202220 000More info | CompletedBénin 24/01/2019
T-Bill 09/01/201911/01/201909/01/202020 000More info | CompletedBénin 09/01/2019
T-Bond 14/12/201817/12/201811/05/202025 000More info | CompletedBénin 14/12/2018
T-Bond 29/11/201830/11/201830/11/202115 000More info | CompletedBénin 29/11/2018
T-Bond 25/10/201826/10/201817/09/202115 000More info | CompletedBénin 25/10/2018
T-Bond 18/09/201819/09/201819/09/202115 000More info | CompletedBénin 18/09/2018
T-Bond |SI (Security 3) 06/09/201807/09/201807/09/202150 000More info | CompletedSI - Bénin 06/09/2018
T-Bond |SI (Security 4) 06/09/201807/09/201807/09/202350 000More info | CompletedSI - Bénin 06/09/2018
T-Bond 23/06/201727/06/201711/05/202020 000More info |canceled | CompletedBénin 23/06/2017
T-Bond 21/11/201722/11/201722/09/202415 000More info |canceled | CompletedBénin 21/11/2017
T-Bill |SI (Security 5) 05/07/201809/07/201807/07/201970 000More info | CompletedSI - Bénin 05/07/2018
T-Bond |SI (Security 6) 05/07/201809/07/201809/07/202170 000More info | CompletedSI - Bénin 05/07/2018
T-Bond 24/08/2018 27/08/201827/08/202350 000More info |reported | CompletedBénin 24/08/2018
T-Bill 09/08/201810/08/201807/02/201925 000More info | CompletedBénin 09/08/2018
T-Bill 10/07/201811/07/201809/07/201925 000More info | CompletedBénin 10/07/2018
T-Bill 21/06/201813/09/201813/09/201820 000More info | CompletedBénin 21/06/2018
T-Bond 24/05/201813/09/201816/03/202120 000More info | CompletedBénin 24/05/2018
T-Bond |SI (Security 7) 26/04/201827/04/201827/04/202125 000More info | CompletedSI - Bénin 26/04/2018
T-Bond |SI (Security 8) 26/04/201827/04/201827/04/202325 000More info | CompletedSI - Bénin 26/04/2018
T-Bill 13/04/201816/04/201815/04/201920 000More info | CompletedBénin 13/04/2018
T-Bill 29/03/201830/03/201828/06/201820 000More info | CompletedBénin 29/03/2018
T-Bond |SI (Security 9) 15/03/201816/03/201816/03/202135 000More info | CompletedSI - Bénin 15/03/2018
T-Bond |SI (Security 10) 15/03/201816/03/201816/03/202335 000More info | CompletedSI - Bénin 15/03/2018
T-Bond 15/02/201816/02/201802/02/202115 000More info | CompletedBénin 15/02/2018
T-Bond 01/02/201802/02/201802/02/202115 000More info | CompletedBénin 01/02/2018
T-Bill 11/01/201812/01/201810/01/201920 000More info | CompletedBénin 11/01/2018
T-Bond 20/12/201721/12/201708/12/202035 000More info | CompletedBénin 20/12/2017
T-Bill 20/12/201721/12/201707/06/201835 000More info | CompletedBénin 20/12/2017
T-Bill 07/12/201708/12/201707/06/201835 000More info | CompletedBénin 07/12/2017
T-Bond 07/12/201708/12/201708/12/202035 000More info | CompletedBénin 07/12/2017
T-Bill 09/11/201710/11/201708/11/201825 000More info | CompletedBénin 09/11/2017
T-Bill 09/11/201710/11/201708/11/201825 000More info | CompletedBénin 09/11/2017
T-Bond 18/10/201719/10/201722/09/202025 000More info | CompletedBénin 18/10/2017
T-Bill 09/10/201710/10/201720/09/201815 000More info | CompletedBénin 09/10/2017
T-Bill 21/09/201730/09/201830/09/201855 000More info | CompletedBénin 21/09/2017
T-Bond 21/09/201730/09/201830/09/201855 000More info | CompletedBénin 21/09/2017
T-Bond 21/09/201730/09/201830/09/201855 000More info | CompletedBénin 21/09/2017
T-Bond 21/09/201730/09/201830/09/201855 000More info | CompletedBénin 21/09/2017
T-Bond 21/09/201730/09/201830/09/201855 000More info | CompletedBénin 21/09/2017
T-Bond 30/08/201731/08/201731/08/202025 000More info | CompletedBénin 30/08/2017
T-Bond 30/08/201731/08/201731/08/202425 000More info | CompletedBénin 30/08/2017
T-Bond 30/08/201731/08/201731/08/202225 000More info | CompletedBénin 30/08/2017
T-Bond 09/08/201710/08/201710/08/202025 000More info | CompletedBénin 09/08/2017
T-Bond 25/07/201726/07/201726/07/202260 000More info | CompletedBénin 25/07/2017
T-Bill 05/07/201706/07/201704/10/201725 000More info | CompletedBénin 05/07/2017
T-Bill 10/05/201711/05/201709/05/201835 000More info | CompletedBénin 10/05/2017
T-Bill 10/05/201711/05/201708/11/201735 000More info | CompletedBénin 10/05/2017
T-Bond 10/05/201711/05/201711/05/202035 000More info | CompletedBénin 10/05/2017
T-Bill 13/04/201714/04/201712/04/201835 000More info | CompletedBénin 13/04/2017
T-Bill 21/03/201722/03/201719/09/201725 000More info | CompletedBénin 21/03/2017
T-Bill 21/03/201722/03/201720/06/201725 000More info | CompletedBénin 21/03/2017
T-Bill 02/02/201703/02/201701/02/201835 000More info | CompletedBénin 02/02/2017
T-Bill 18/01/201719/01/201717/01/201827 000More info | CompletedBénin 18/01/2017
T-Bond 03/11/201604/11/201614/10/202125 000More info | CompletedBénin 03/11/2016
T-Bond 13/10/201614/10/201614/10/202140 000More info | CompletedBénin 13/10/2016
T-Bond 02/09/201605/09/201605/09/202135 000More info | CompletedBénin 02/09/2016
T-Bill 19/07/201620/07/201618/07/201735 000More info | CompletedBénin 19/07/2016
T-Bond 28/06/201629/06/201629/06/2023150 000More info | CompletedBénin 28/06/2016
T-Bill 13/04/201614/04/201612/04/201730 000More info | CompletedBénin 13/04/2016
T-Bond 15/03/201616/03/201616/03/201925 000More info | CompletedBénin 15/03/2016
T-Bill 17/02/201618/02/201615/02/201725 000More info | CompletedBénin 17/02/2016
T-Bond 12/01/201613/01/201613/01/201925 000More info | CompletedBénin 12/01/2016
T-Bond 17/12/201518/12/201518/12/2020100 000More info | CompletedBénin 17/12/2015
T-Bond 02/12/201503/12/201503/12/2022150 000More info | CompletedBénin 02/12/2015
T-Bond 27/10/201528/10/201531/07/202030 000More info | CompletedBénin 27/10/2015
T-Bond 30/09/201509/07/201509/07/201835 000More info | CompletedBénin 30/09/2015
T-Bond 27/08/201528/08/201531/07/202040 000More info | CompletedBénin 27/08/2015
T-Bond 30/07/201531/07/201531/07/202030 000More info | CompletedBénin 30/07/2015
T-Bond 08/07/201509/07/201509/07/201835 000More info | CompletedBénin 08/07/2015
T-Bond 17/06/201518/06/201519/03/202230 000More info | CompletedBénin 17/06/2015
T-Bill 13/05/201515/05/201511/05/201730 000More info | CompletedBénin 13/05/2015
T-Bill 17/04/201520/04/201516/04/201730 000More info | CompletedBénin 17/04/2015
T-Bond 18/03/201519/03/201519/03/202240 000More info | CompletedBénin 18/03/2015
T-Bill 18/02/201519/02/201517/02/201625 000More info | CompletedBénin 18/02/2015
T-Bill 13/01/201514/01/201512/01/201630 000More info | CompletedBénin 13/01/2015
T-Bill 23/10/201424/10/201420/10/201640 000More info | CompletedBénin 23/10/2014
T-Bill 10/07/201411/07/201408/07/201640 000More info | CompletedBénin 10/07/2014
T-Bond 09/10/201410/10/201410/10/202170 000More info | CompletedBénin 09/10/2014
T-Bill 28/08/201429/08/201427/08/201525 000More info | CompletedBénin 28/08/2014
T-Bill 19/06/201420/06/201418/06/201525 000More info | CompletedBénin 19/06/2014
T-Bill 22/05/201423/05/201421/05/201525 000More info | CompletedBénin 22/05/2014