The World Bank published a press release on Monday, May 13, 2024, according to which Benin will record economic growth of 6.2% on average between 2024 and 2026.

The second edition of the Report entitled “Adapting to Climate Change for Sustainable and Resilient Economic Growth” mentions that achieving sustainable and resilient economic growth in the coming decades will depend on the efforts of adaptation and financing of climate investments. According to the World Bank, annual growth is expected to stabilize at 6.2% on average, between 2024 and 2026 (3.5% on average per inhabitant), thanks to investment and the expansion of the Glo-Djigbé industrial zone (Gdiz). The same report indicates that the end of the gasoline subsidy in Nigeria in May 2023, supply chain bottlenecks due to the closure of the border with Niger, and increasing demand pressures, led to an increase in inflation to 2.8% in 2023, below the regional average of

This improvement was due to an increase in total revenue of 0.7% to 15.0% of GDP, while public spending fell by 0.6% to 19.2% of GDP.