Country Report Benin April 2008

Economic structure: Annual indicators

 2003a2004a2005a2006b2007b
GDP at market prices (CFAfr bn)2,067.52,140.02,298.72,459.42,634.8
GDP (US$ bn)3.64.14.44.75.5
Real GDP growth (%)3.93.13.93.84.5
Consumer price inflation (av; %)1.50.95.43.8a1.3a
Population (m)8.08.2b8.5b8.89.0
Exports of goods fob (US$ m)540.8568.6578.3501.2584.7
Imports of goods fob (US$ m)818.7842.0865.7885.91,095.1
Current-account balance (US$ m)-348.6-316.5-270.3-329.1-452.8
Foreign-exchange reserves excl gold (US$ m)717.9640.0656.8912.2a1,209.2
Exchange rate (av) CFAfr:US$581.2528.3527.5522.9a479.3a
a Actual. b Economist Intelligence Unit estimates.

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Origins of gross domestic product 2006% of totalComponents of gross domestic product 2006% of total
Agriculture37.1Total consumption88.7
Industry14.5Gross domestic investment20.6
Services48.4Exports of goods & services18.5
GDP at factor cost100.0Imports of goods & services27.8
  GDP at market prices100.0
    
Principal exports 2006% of totalPrincipal imports 2006% of total
Cotton16.7Food32.5
Re-exports41.2Petroleum products16.6
    
Main destinations of exports 2006a% of totalMain origins of imports 2006a% of total
China32.5China47.3
Indonesia12.1France7.6
India10.9Thailand6.1
Netherlands9.7US3.8
Niger5.7Côte d'Ivoire3.6
a Based on partners' trade returns; subject to a wide margin of error.

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© 2008 The Economist lntelligence Unit Ltd. All rights reserved
Whilst every effort has been taken to verify the accuracy of this information, The Economist lntelligence Unit Ltd. cannot accept any responsibility or liability for reliance by any person on this information
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