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Population
Benin has about 13 million inhabitants (as of 2024). The population is young, and a large part lives in rural areas, although urbanization is steadily increasing.
Capital
The official capital of Benin is Porto-Novo, but the seat of government and the economic center of the country is Cotonou, the largest city.
Economic Power
Benin has a predominantly agrarian economy, with agriculture accounting for about 40% of GDP and employing around 70% of the population. The GDP per capita is around USD 1,300 (as of 2023). Benin is heavily dependent on cotton exports, but it also has a growing service and trade economy.
Culture
Benin is known for its rich cultural diversity, shaped by various ethnic groups such as the Fon, Yoruba, and Adja. The country is the birthplace of Vodun (Voodoo), and this religion plays a central role in cultural life. Music, dance, and art are important forms of cultural expression, and traditional festivals are widespread.
Currency
The official currency of Benin is the CFA franc (XOF), used by the West African Economic and Monetary Union (UEMOA).
Health Insurance and Social Security System
Benin has a limited social security system covering pensions, disability, work accidents, and health insurance. However, the healthcare system is underfunded, and most people use private health services, as public services are often inadequate.
Costs for Employers
Employers in Benin must contribute about 16% of the gross salary as social security contributions. These contributions cover pensions and health insurance, among other things. Additionally, employers may bear the costs of other mandatory benefits, such as transportation or meal allowances.
Salaries and Bonuses
Salaries in Benin vary by industry and qualifications. The legal minimum wage is around 40,000 XOF per month (as of 2023). Bonuses are typically performance-based and often contractually agreed upon.
Payroll
Payroll in Benin includes the basic salary, allowances, bonuses, and statutory deductions for taxes and social security contributions.
- Public Holidays
Benin has several public holidays, including:
- New Year’s Day (January 1)
- Labor Day (May 1)
- Independence Day (August 1)
- Army Day (October 26)
- Various religious holidays, including Christian, Muslim, and national Voodoo celebrations.
Working Hours
The regular working hours in Benin are 40 hours per week, spread over five working days. In many areas, people work from Monday to Friday, with Saturday often being a half or free day.
Vacation
Employees in Benin are entitled to at least 24 days of paid annual leave. This entitlement may increase with the length of employment or due to special regulations.
Incapacity for Work
In case of illness, employees are entitled to sick leave, which is either covered by the social security system or the employer. The specific regulations depend on the employment contract and the insurance situation.
Termination/Severance Pay
Notice periods and severance pay regulations in Benin depend on the length of employment and the contractual conditions. Severance pay is often provided in cases of wrongful dismissal or mass layoffs.