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Indicators of economy in Ivory Coast

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.912 US Dollar per capita. In contrast, the GDP in Ivory Coast reached 2.326 US dollars per inhabitant, or 61.35 bn US Dollar in the whole country. Ivory Coast is therefore currently ranked 76 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then Ivory Coast is in the list of the world's richest countries in place 138.

Inflation in Ivory Coast was in 2021 at around 4.09%. Within the EU, the average in the same year was 2.62%. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 57.3% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.


Back to overview: Ivory Coast

Impact of the Covid-19 pandemic in 2020

Overall, the gross domestic product in Ivory Coast in 2020 increased from 58.54 billion US Dollar to 61.35 billion US Dollar. Certainly, there have been shifts in numerous sectors of the economy, but a 4.8 percent increase has been rather unusual this year. While most countries have suffered significant losses, Ivory Coast has certainly held its own. The tourism sector alone slumped by around 64 percent. The unemployment rate rose from 3.3 to 3.5 percent. The consumer inflation rate has risen from -1.1% previously to 2.4% now.

Unemployment rates in percent 1991 - 2021

Economic performance 2020

 Ivory Coast
Total
Ivory Coast
per capita
EU
Total
EU
per capita
GDP61.35 bn USD2,325.72 USD15,291.93 tn USD29,710.69 USD
Gross national product60.14 bn USD2,279.82 USD15,330.84 tn USD29,786.28 USD


Development of the Gross domestic product in billion US Dollar 1960 - 2020



Im- and Exports 2020

 Ivory Coast
Total
Ivory Coast
per capita
EU
Total
EU
per capita
Imports12.88 bn USD488.30 USD7,340.01 bn USD14,260.90 USD
Exports13.79 bn USD522.81 USD7,939.04 bn USD15,424.75 USD


Development of imports and exports in billion US dollars 2005 - 2020

Exports
Imports



Ivory Coast: AirportsThe 1 airports in Ivory CoastPort Bouet Airport - the only public airport in Ivory Coast with further information on airlines and destinations
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