Analysis by Region - Emerging Markets - Benin
Benin’s economy rebounded strongly from the effects of the Covid-19 pandemic, expanding by 6.6% p.a. over the 2021-2023 period. This impressive performance is set to persist, and we forecast average annual growth of 6.2% for 2024 and 2025. Robust investment growth underpins our positive outlook: both public and private entities have invested heavily in the expansion of Benin’s industrial base. These investments should also facilitate stronger export growth in the medium term. Meanwhile, price pressures will remain subdued: we forecast inflation to average 1.7% p.a. over the 2024-2025 period.
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