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BENIN

Ecobank Benin

Ganhi, Rue du Gouverneur Bayol
P.O. box: 01 B.P.1280 - Cotonou
Phone: (229) 21 31 30 69/ 21 31 40 23
Fax: (229) 21 31 33 85
Email: ecobankbj@ecobank.com

GEOGRAPHICAL DATA:

Area: 112 622 sq km
Population: 8,862,944
Capital : Porto-Novo
Principal cities: Cotonou, Djougou, Parakou, Lokossa, Abomey
Official language: French
Currency : CFA Franc (100 FCFA = 0,15 euro)
Independence Day: August 1

DEMOGRAPHICAL DATA:

Demographic growth: 2.674% (CIA 2007 est.)
Life expectancy: 53.44 years (CIA 2007 est.)
Literacy rate: 33.98% (the World Bank, 2004)
Religion(s) : Voodoo (61%), Catholicism (19%), Islam (15%), Protestants (3%), others (2%)
Human development Index (2002): 163 out of 177 countries (UNDP 2006))

ECONOMIC DATA:

GDP : $ 4.622 billion (CIA 2006 est.)
GDP per capita: $1,100 (CIA 2006 est.)
Growth rate: 4% (CIA 2006 est.)
Rate of unemployment : N/A
Rate of inflation: p3% (CIA 2006 est.)
Net budgetary position : -8.3% of the GDP in 2003 (The E.I.U., 2004)
Balance of payment: -1.391 million dollars in 2003 (The E.I.U., 2004)
Export partners: China 31.3%, Indonesia 8.1%, India 7.4%, Niger 6%, Togo 4.8%, Thailand 4.8%, Nigeria 4.6% (CIA 2005)
Import partners: France 21.8%, Ghana 7.1%, Cote d'Ivoire 7%, China 6.7%, UK 5.2%, Belgium 4.9%, Togo 4.5%, Thailand 4.2%, Nigeria 4% (CIA 2005)
Contribution of various sectors to GDP: Primary : 35.7% ; Secondary : 14.3% ; Tertiary : 50.0% (The World Bank, 2004)


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