Economic activity gradually recovered in 2011 following the presidential election in March and the general election in April. The growth rate rose from 2.5% in 2010 to 3.0% in 2011 thanks to the recovery of agriculture after the 2010 floods and the improvements to the country’s infrastructure. The recovery should continue into 2012 and 2013 with growth rates of 4.2% and 4.1% respectively. Nevertheless, Benin’s economy, which is too highly concentrated on agriculture and trade, is vulnerable to external shocks. However, Benin should experience strong, sustainable growth for the period 2011-15 thanks to strategies aimed at modernising and diversifying agriculture and developing infrastructure.