FinScope Benin Agriculture 2019 dashboard

FinScope Benin Agriculture 2019 dashboard

Farming is the financial backbone for over half (58%) of the households in Benin. Moreover, two in five adults derive their livelihoods from farming. The income source diversification outside of farming is limited with only 8% of the adult Beninese relying on farming as a secondary income source. About 4% of Benin adults rely on farm wages as a main source of income. A significant proportion of farmers farm for consumption. Of the 58% of households involved in farming, 22% are subsistence, 2% are commercial and 76% consume and sell their produce. With a high proportion of adults in the informal economy, farming presents a way of food provision, earning an income and means to transition from poverty. While significant in this sense, Beninese farmers remain for the most part small scale, informal, subsistence and on small pieces of land. They mostly rely on limited infrastructure and very limited access to finance, and low value chain linkages for final produce or markets. View the FinScope Benin Agriculture 2019 dashboard.