The national direction of the BCEAO for Benin has organized last Wednesday January 7 by videoconference the broadcast day of the country's external accounts for the year 2024. The exchanges have put in light of a relative improvement in the balance of payments, scope in particular by the drop in imports and the dynamics of transfers of migrants.

The External Accounts Broadcast Day of For the year 2024, Benin mobilized around 120 participants from the public administration, international organizations, the private sector, banks, universities and research centers, as well as members of the National Balance of Payments Committee.

Discussions focused on the analysis of results of the balance of payments and the overall external position of Benin at the end December 2024. It appears that Benin's foreign trade in 2024 is are part of an international context marked by the persistence of geopolitical tensions and the easing of monetary policies of major central banks, especially in advanced economies. In this Overall, global economic growth remained stable at 3.3% in 2024. Au Term of the year 2024, the overall balance of the balance of payments of Benin shows a deficit of 245.7 billion CFA francs, a marked improvement by compared to the deficit of 405.3 billion CFA francs recorded in 2023.

Imports of goods have declined by 7.9%, to 2,597.3 billion CFA francs, against 2,820.3 billion in 2023. This trend is due in particular to the decrease in purchases of food products (-10.2%), capital goods (-17.6%) and goods intermediates (-6.2%).

At the financial account level, the year 2024 was marked by net resource inflows of 465.3 billion CFA francs.