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Benin

Issuer website
Government website

Issuer

Abbreviation 

Email

Phone

Location

Capital

Official languages

Population

Currency

ISO 4217

Porto-Novo

Benin

French

13,712,828

XOF

West African CFA franc

Delivery

  • Certificate of incorporation 

  • Articles of association

  • Meeting minutes 

  • Company stamp

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<Economy>

Benin has seen a steady improvement in its economy over the past few years. According to the World Bank, the country's GDP grew by 5.2% in 2019, and is projected to grow by 5.3% in 2020. This growth is largely driven by the services sector, which accounts for nearly 60% of the country's GDP. The agricultural sector is also a major contributor to the economy, accounting for around 25% of GDP. Inflation in Benin has been relatively low, averaging around 2.5% in 2019. The country's unemployment rate is also low, at around 4.2%. Benin has also seen an increase in foreign direct investment, with inflows reaching $1.2 billion in 2019. This has helped to boost the country's economic growth and development. Overall, Benin's economy is on a positive trajectory, and the country is well-positioned to continue its growth in the coming years.

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