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

Benin  
Rank: 117 · Score: 19.6  

Basic facts, 2020        
Population (millions) 12.1   IPOs and pulic issues (quartile) Bottom
GDP (US$ billions) 15.3   M&A volume (quartile) Bottom
GDP per capita (US$) 1,258.2   Venture capital investments (quartile) Bottom
GDP growth (per cent) 2.0   Private equity investments (quartile) Bottom
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VCPE Country Attractiveness Index 117 6, 6, 9, 6, 8 19.6
1 Economic Activity 92 53, 31, 38, 35, 33 62.3
2 Depth of Capital Market 120 2, 2, 5, 4, 5 4.4
3 Taxation 116 13, 9, 9, 10, 9 62.5
4 Investor Protection and Corporate Governance 101 24, 23, 26, 24, 24 49.0
5 Human and Social Environment 59 52, 54, 55, 59, 66 31.2
6 Entrepreneurial Opportunities 119 6, 7, 8, 7, 6 20.5


 
Historic performance, 2017-2021   Key driver performance, 2021

   

VCPE 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
Envorinment
Entrepreneurial Culture
and Deal Opportunites
Burkina Faso 60.1 5.4 72.4 49.5 28.1 21.9
Mali 61.3 5.4 80.6 44.9 25.1 22.1
Madagascar 60.2 5.7 87.6 43.6 21.0 23.4
Benin 62.3 4.4 62.5 49.0 31.2 20.5
Cameroon 68.5 4.1 68.2 44.7 22.0 25.0
Lesotho 16.0 6.3 81.9 57.0 27.2 15.5
Mauritania 50.1 4.7 86.4 41.0 18.4 13.9
Last updated: 21 Jun 2021