Country Details
Côte d'Ivoire
Western Africa, bordering the North Atlantic Ocean, between Ghana and Liberia
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Economy
Detailed information and insights
Economic overview
one of West Africa’s most influential, stable, and rapidly developing economies; poverty declines in urban but increases in rural areas; strong construction sector and increasingly diverse economic portfolio; increasing but manageable public debt; large labor force in agriculture
Real GDP (purchasing power parity)
Real GDP (purchasing power parity) 2024
$215.018 billion (2024 est.)
Real GDP (purchasing power parity) 2023
$202.943 billion (2023 est.)
Real GDP (purchasing power parity) 2022
$190.645 billion (2022 est.)
Real GDP growth rate
Real GDP growth rate 2024
6% (2024 est.)
Real GDP growth rate 2023
6.5% (2023 est.)
Real GDP growth rate 2022
6.4% (2022 est.)
Real GDP per capita
Real GDP per capita 2024
$6,700 (2024 est.)
Real GDP per capita 2023
$6,500 (2023 est.)
Real GDP per capita 2022
$6,300 (2022 est.)
GDP (official exchange rate)
$86.538 billion (2024 est.)
Note
note: data in current dollars at official exchange rate
Inflation rate (consumer prices)
Inflation rate (consumer prices) 2024
3.5% (2024 est.)
Inflation rate (consumer prices) 2023
4.4% (2023 est.)
Inflation rate (consumer prices) 2022
5.3% (2022 est.)
GDP - composition, by sector of origin
Agriculture
17.9% (2024 est.)
Industry
22.1% (2024 est.)
Services
53.9% (2024 est.)
GDP - composition, by end use
Household consumption
66% (2024 est.)
Government consumption
9% (2024 est.)
Investment in fixed capital
24.5% (2024 est.)
Investment in inventories
0% (2024 est.)
Exports of goods and services
27.6% (2024 est.)
Imports of goods and services
-27.1% (2024 est.)
Agricultural products
yams, cassava, oil palm fruit, cocoa beans, sugarcane, plantains, rice, rubber, maize, cashews (2023)
Note
note: top ten agricultural products based on tonnage
Industries
foodstuffs, beverages; wood products, oil refining, gold mining, truck and bus assembly, textiles, fertilizer, building materials, electricity
Industrial production growth rate
2.8% (2024 est.)
Note
note: annual % change in industrial value added based on constant local currency
Labor force
12.595 million (2024 est.)
Note
note: number of people ages 15 or older who are employed or seeking work
Unemployment rate
Unemployment rate 2024
2.3% (2024 est.)
Unemployment rate 2023
2.3% (2023 est.)
Unemployment rate 2022
2.4% (2022 est.)
Youth unemployment rate (ages 15-24)
Total
3.9% (2024 est.)
Male
3.5% (2024 est.)
Female
4.4% (2024 est.)
Population below poverty line
37.5% (2021 est.)
Note
note: % of population with income below national poverty line
Gini Index coefficient - distribution of family income
Gini Index coefficient - distribution of family income 2021
35.3 (2021 est.)
Average household expenditures
On food
37.7% of household expenditures (2023 est.)
On alcohol and tobacco
3.2% of household expenditures (2023 est.)
Household income or consumption by percentage share
Lowest 10%
3.1% (2021 est.)
Highest 10%
27.8% (2021 est.)
Remittances
Remittances 2023
1.3% of GDP (2023 est.)
Remittances 2022
1.5% of GDP (2022 est.)
Remittances 2021
0.6% of GDP (2021 est.)
Budget
Revenues
$12.351 billion (2023 est.)
Expenditures
$16.03 billion (2023 est.)
Public debt
Public debt 2016
47% of GDP (2016 est.)
Taxes and other revenues
13.2% (of GDP) (2023 est.)
Note
note: central government tax revenue as a % of GDP
Current account balance
Current account balance 2022
-$5.394 billion (2022 est.)
Current account balance 2021
-$2.874 billion (2021 est.)
Current account balance 2020
-$1.974 billion (2020 est.)
Exports
Exports 2022
$17.211 billion (2022 est.)
Exports 2021
$16.23 billion (2021 est.)
Exports 2020
$13.232 billion (2020 est.)
Exports - partners
Switzerland 17%, Netherlands 9%, Mali 7%, USA 5%, Malaysia 4% (2023)
Note
note: top five export partners based on percentage share of exports
Exports - commodities
gold, cocoa beans, rubber, refined petroleum, coconuts/brazil nuts/cashews (2023)
Note
note: top five export commodities based on value in dollars
Imports
Imports 2022
$19.948 billion (2022 est.)
Imports 2021
$16.191 billion (2021 est.)
Imports 2020
$12.66 billion (2020 est.)
Imports - partners
China 16%, Nigeria 12%, France 6%, India 5%, USA 4% (2023)
Note
note: top five import partners based on percentage share of imports
Imports - commodities
crude petroleum, ships, refined petroleum, fish, rice (2023)
Note
note: top five import commodities based on value in dollars
Debt - external
Debt - external 2023
$26.576 billion (2023 est.)
Exchange rates
Currency
Communaute Financiere Africaine francs (XOF) per US dollar -
Exchange rates 2024
606.345 (2024 est.)
Exchange rates 2023
606.57 (2023 est.)
Exchange rates 2022
623.76 (2022 est.)
Exchange rates 2021
554.531 (2021 est.)
Exchange rates 2020
575.586 (2020 est.)