Imports$2.213 billion (2011 est.)
Exports$1.849 billion (2011 est.)
Inflation rate (consumer prices)2.7% (2011 est.)
GDP - per capita (PPP)$1,500 (2011 est.)
National product real growth rate3% (2010 est.)
Internet users200,100 (2009)
Telephones - mobile cellular7.075 million (2010)
Population growth rate2.877% (2012 est.)
Population9,598,787 (July 2012 est.)
Present day Benin was the site of Dahomey, a prominent West African kingdom that rose in the 15th century.
The territory became a French Colony in 1872 and achieved independence on 1 August 1960, as the Republic of Benin.
A succession of military governments ended in 1972 with the rise to power of Mathieu KEREKOU and the establishment of a government based on Marxist-Leninist principles....
The economy of Benin remains underdeveloped and dependent on subsistence agriculture, cotton production, and regional trade.
Growth in real output had averaged about 4% before the global recession, but fell to 2.
5% in 2009 and 3% in 2010....
Over the period 2016-2020 the economy is expected to grow on average by 5.5%. This compares to average annual growth of 5.2% in the years 2011 to 2015. Investment growth is expected to strengthen. It is ...