Benin belongs to the West African Economic Area (African Civilization).
Beninese Economy:
The economy of Benin (Africa) is characterized by a labour market dominated by the informal sector, which involves 95% of the working population and performs a
major position in revenue generation;
Cotonou is the economic capital of Benin;
Porto-Novo, the administrative capital, is the second largest city (232,000 people);
Top Beninese economic sectors are agricultural and cotton production,
Road
infrastructure, port activities, and general construction work;
Beninese GDP growth: 5%;
Beninese Banking sector: 2.5% growth (driven by the international trade with Nigeria);
GDP per capita: 1,700 dollars;
Top exports of Bebin: raw cotton (80%), groundnuts, and palm oil.
(c) EENI Global Business School (1995-2023)
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