The Beninese economy was resilient in 2020 in the face of shocks induced by the Covid-19 pandemic. Thus, national economic growth is estimated at 3.8% in 2020 compared to -3.5% globally

The industrial market is the sector most affected by the health crisis. Strong disruptions were caused by the Covid-19 crisis during the second and third quarters of 2020. According to the Quarterly Review for the fourth quarter of 2020 by the Department of Forecasting and Economic Affairs (Dpc), there was sustained growth in economic activity in large companies in the fourth quarter. Production in the food industries improved, both in variation and year-on-year. For 2021, added value in the secondary sector is expected to improve by 10.3% compared to an estimate of 5.2% in 2020, in line with expected performances in the BTP branch, according to the DPC/Mef

While it was expected to be around 2.3%, national economic growth is finally estimated at 3.8% in 2020 compared to 0.9% for UEMOA and -3.5% globally according to the Quarterly Economic Note. This performance testifies to the resilience of the Beninese economy. Growth is projected at 6% in 2021 by the Directorate General of Economic Affairs (Dgae) of the Ministry of Economy and Finance, on which the Dpc depends