The economy of Benin is on a good momentum, allowing the S&P rating agency to assign a rating to Benin that reflects a certain improvement in the prospects of its economy.

Benin's GDP in 2023 grew by 6.4%. Over the next four years, growth of 6.6% is projected. According to information, strategic investments made by the Beninese State, such as the development of the Glo-Djigbé Industrial Zone and the extension of the Port of Cotonou, are all actions that contribute to the diversification and improvement of the country's economic attractiveness. To this end, S&P reported green signals by confirming the “BB” rating of the Republic of Benin, with a revised outlook from “stable” to “positive”. S&P expects a gradual reduction in Benin's debt, which should fall from 54.5% of GDP in 2023 to around 50%