SOME ECONOMIC AND FINANCIAL INDICATORS OF BENIN YEAR 2003 2004 2005 2006 2007 (provisional) NATIONAL ACCOUNTS Nominal GDP (in billions of CFA franc) 2067.5 2140.0 2298.7 2459.4 2644.5 GDP in volume (constant price 85) 928.5 957.4 984.9 1021.8 1072.8 3.9 3.1 2.9 3.8 5.0 Basic budget balance on nominal GDP -0.4 -0.4 -0.2 0.1 -1.7 Ex-Heavily Indebted Poor Countries (HIPC) basic budget balance and budget grants/nominal GDP (in %) 0.7 0.6 0.5 0.9 -1.2 Annual rate of inflation (trend of average indicators in %) 1.5 0.9 5.4 3.8 0.5 Total outstanding public debt added to the nominal GDP (in %) 41.1 40.0 41.1 14.9 19.9 Tax revenue on GDP (in %) 15.2 14.6 14.5 15.4 15.8 Current ex-grant balance over GDP (in %) -9.7 -7.7 -6.2 -6.5 -6.1 Total ex-grant balance over GDP (in %) -3.7 -3.6 -3.1 -2.5 -4.5 Total balance over GDP (in %) -1.9 -1.0 -0.9 -0.7 -2.1 Basic cash total balance over GDP (in %) -2.0 -1.4 -1.8 -0.4 -3.6 Basic primary balance (in % of T.R.) 1.2 -0.2 0.5 2.4 -9.3 Net external assets 390.0 329.0 375.7 520.2 n.d.  Central Bank 321.3 252.0 320.5 436.7 n.d.  Banks 68.7 77.0 55.2 83.5 n.d. Domestic loans 197.4 213.2 279.5 255.0 n.d. GDP growth rate in volume BUDGET INDICATORS MONETARY SITUATION xii