, INTERPOL, IOC, ITU,
LORCS, NAM, OAU, OIC, UN, UNCTAD, UNESCO, UNIDO, UPU, WADB, WCL, WHO, WIPO,
WMO, WTO
Diplomatic representation in US:
chief of mission:
Ambassador Candide AHOUANSOU
chancery:
2737 Cathedral Avenue NW, Washington, DC 20008
telephone:
(202) 232-6656
US diplomatic representation:
chief of mission:
Ambassador Ruth A. DAVIS
embassy:
Rue Caporal Anani Bernard, Cotonou
mailing address:
B. P. 2012, Cotonou
telephone:
[229] 30-06-50, 30-05-13, 30-17-92
FAX:
[229] 30-14-39 and 30-19-74
Flag:
two equal horizontal bands of yellow (top) and red with a vertical green
band on the hoist side
*Benin, Economy
Overview:
Benin is one of the least developed countries in the world because of
limited natural resources and a poorly developed infrastructure. Agriculture
accounts for about 35% of GDP, employs about 60% of the labor force, and
generates a major share of foreign exchange earnings. The industrial sector
contributes only about 15% to GDP and employs 2% of the work force. Low
prices in recent years have kept down hard currency earnings from Benin's
major exports of agricultural products and crude oil.
National product: GDP - exchange rate conversion - $2 billion (1991)
National product real growth rate:
3% (1991)
National product per capita:
$410 (1991)
Inflation rate (consumer prices):
3.4% (1990)
Unemployment rate:
NA%
Budget:
revenues $194 million; expenditures $390 million, including capital
expenditures of $104 million (1990 est.)
Exports:
$263.3 million (f.o.b., 1990 est.)
commodities:
crude oil, cotton, palm products, cocoa
partners:
FRG 36%, France 16%, Spain 14%, Italy 8%, UK 4%
Imports:
$428 million (f.o.b., 1990 est.)
commodities:
foodstuffs, beverages, tobacco, petroleum products, intermediate goods,
capital goods, light consumer goods
partners:
France 34%, Netherlands 10%, Japan 7%, Italy 6%, US 4%
External debt:
$1 billion (December 1990 est.)
Industrial production:
growth rate -0.7% (1988); accounts for 15% of GDP
Electricity:
30,000 kW capacity; 25 million kWh produced, 5 kWh per capita (1991)
Industries:
textiles, cigarettes, construction materials, beverages, food production,
petroleum
Agriculture:
accounts for 35% of GDP; small farms produce 90% of agricultural output;
production is dominated by food crops - corn, sorghum, cassava, beans, rice;
cash crops include c
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