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Part 2: Quantitative Analysis of Benin: demographics, capital accumulation, human

capital formation, income inequality, government role and performance, geographic


factors, and international linkages.

Benin’s GDP sits far below both the international median ($11,451) and mean ($18,047),
finding itself near the bottom of the list of rankings of GDP per capita world wide at
number 201 out of 229 (according to the CIA at
https://www.cia.gov/library/publications/the-world-factbook/rankorder/2004rank.html ).
In comparison to SSA averages however,

In addition to its lacking gross domestic production, Benin’s growth rate since
1970 has also been below par. With the world wide mean and median sitting at 1.63 and
1.69 respectively, Benin has shown a .68 percent growth rate in comparison. In
comparison to other SSA countries, this shows to be

On average, SSA countries’ GDP has increased from 564.1 million dollars annually on
average to about 32.8 billion dollars annually on average (from 1960 to 2015 according
to the world bank at http://data.worldbank.org/region/sub-saharan-africa). When directly
comparing these averages to that of Benin’s over the same time period we can see that
Benin started out at an average of nearly half of that of the rest of SSA (226.2 million in
1960) and ended up with a GDP almost 4 times lower than the SSA average (at 8.476
billion in 2015).
Already then, we are able to use these indicators to understand why Benin is considered
such a low-income country not only in terms of production, but also in terms of health
and education. (edit)
Benin’s population has steadily increased, moving from 2.43 million in 1960 to
10.88 million in 2015 (according to the world bank at
http://data.worldbank.org/country/benin). This is an impressive increase in the aggregate
and a healthy reproduction populace is important for any nation. As previously noted,
their steady growth can be seen on graph (insert graph number here the source of which
can be found on http://data.worldbank.org/country/benin), with no signs of slowing in the
near future – in fact it appears as though the birth rate will continue to increase as well.
The crude death rate of Benin has decreased substantially since 1960 to the last
year of reported data in 2014, falling from 28.27 deaths per 1000 births in 1960 to 9.36
deaths in 2014. (stopped at bottom of page 6)
Part III: Analysis of the development of Benin since 1960 in comparison to other
LIC’s