Economic Structure Of Benin

By: EconomyWatch   Date: 30 June 2010

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The economy is more dependent upon the agriculture sector including palm products, cocoa, beans, rice and peanuts. The major industries in the country are the food processing, textiles, cement and construction.

The following diagram shows the percentage share of the different sectors of the economy in total GDP.

Structure of Economy

 

 

The value addition made by different sectors to the total GDP are as shown by the following table: 

  2000 2003 2004
Agriculture, value added (% of GDP) 36.5 35.1 36.9
Industry, value added (% of GDP) 13.9 14.1 14.9
Services, etc., value added (% of GDP) 49.6 50.8 48.2
Exports of goods and services (% of GDP) 15.2 14.3 15.1
Imports of goods and services (% of GDP) 28.1 25.8 26.4
Gross capital formation (% of GDP) 18.9 18.6 20.3

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