PEST Analysis: Benin

November 2022

Economic freedom in Benin is improving, but democracy is being eroded by a more authoritarian style of governance. Strength in agriculture will support solid economic development in the medium term, but reliance on Nigeria is a risk for the external sector. A growing populace will raise the consumer market’s appeal; but poverty, food insecurity, and illiteracy are major issues. Although internet use is low, the mobile sector is growing strongly and helping with financial inclusion.

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Overview:

Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.

If you're in the Commodities industry in Benin, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty

The Commodities in Benin report includes:

  • Analysis of the country's political and macroeconomic stability 
  • An overview of the economic structure and major industries
  • Latest economic performance

This report answers:

  • What is the economic outlook?
  • How stable is the political environment?
  • What are the country's risks and vulnerabilities?
  • What are the best sectors for investment?
  • Where should we focus our expansion strategy?
  • Which countries are moving up the value added chain away from primary sectors?

PEST Analysis: Benin

Chart 1 Main PEST Points in Benin
Opportunities
Challenges
Chart 2 Political Environment Dynamics in Benin
Opportunities
Challenges
Chart 3 Economic Environment Dynamics in Benin
Opportunities
Challenges
Chart 4 Social Environment Dynamics in Benin
Opportunities
Challenges
Chart 5 Technological Environment Dynamics in Benin
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Why buy this report?

  • Analyse growth opportunities and assess market potential
  • Develop market entry/exit strategies
  • Understand the likely path of economic growth
  • Examine risks and vulnerabilities of economies to support critical decision-making

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