The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Benin  
Rank: 118 · Score: 19.6  

Basic facts        
Population (millions) 13.4   IPOs and pulic issues (quartile) Bottom
GDP (US$ billions) 17.4   M&A volume (quartile) Bottom
GDP per capita (US$) 1,306.5   Venture capital investments (quartile) Bottom
GDP growth (per cent) 6.0   Private equity investments (quartile) Bottom
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 118 9, 9, 7, 7, 7 19.6
1 Economic Activity 86 37, 47, 46, 41, 39 65.5
2 Depth of Capital Market 120 4, 3, 3, 4, 5 4.7
3 Taxation 113 10, 9, 12, 12, 12 56.3
4 Investor Protection and Corporate Governance 104 23, 23, 24, 21, 21 42.4
5 Human and Social Environment 54 59, 65, 69, 70, 71 32.6
6 Entrepreneurial Opportunities 117 8, 8, 10, 10, 8 19.6


 
Historic performance, 2019-2023   Key driver performance, 2023
 

   
VC/PE Rank  
VC Rank  
PE Rank
Benin  
Africa
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
Cameroon 71.0 6.8 40.9 35.4 23.7 21.3
Mali 63.9 7.6 72.3 35.5 24.7 17.2
Mozambique 63.5 7.1 54.5 28.5 16.7 26.8
Benin 65.5 4.7 56.3 42.4 32.6 19.6
Lesotho 17.0 4.1 72.4 54.6 26.3 18.4
Angola 62.4 4.3 79.9 39.7 13.9 10.7
Burundi 45.8 3.9 67.2 33.6 16.7 7.6
Last updated: 4 Nov 2023