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Cote d'Ivoire Economy 2017
https://theodora.com/wfbcurrent/cote_divoire/cote_divoire_economy.html
SOURCE: 2017 CIA WORLD FACTBOOK AND OTHER SOURCES











Cote d'Ivoire Economy 2017
SOURCE: 2017 CIA WORLD FACTBOOK AND OTHER SOURCES


Page last updated on January 12, 2017

Economy - overview:
Cote d'Ivoire is heavily dependent on agriculture and related activities, which engage roughly two-thirds of the population. Cote d'Ivoire is the world's largest producer and exporter of cocoa beans and a significant producer and exporter of coffee and palm oil. Consequently, the economy is highly sensitive to fluctuations in international prices for these products and in climatic conditions. Cocoa, oil, and coffee are the country's top export revenue earners, but the country is also mining gold.Following the end of more than a decade of civil conflict in 2011, Cote d’Ivoire has experienced a boom in foreign investment and economic growth. In June 2012, the IMF and the World Bank announced $4.4 billion in debt relief for Cote d'Ivoire under the Highly Indebted Poor Countries Initiative.

GDP (purchasing power parity):
$87.12 billion (2016 est.) $80.68 billion (2015 est.) $74.33 billion (2014 est.)
note: data are in 2016 dollars
country comparison to the world: 88
[see also: GDP country ranks ]

GDP (official exchange rate):
$34.65 billion (2015 est.)
[see also: GDP (official exchange rate) country ranks ]

GDP - real growth rate:
8% (2016 est.) 8.5% (2015 est.) 7.9% (2014 est.)
country comparison to the world: 6
[see also: GDP - real growth rate country ranks ]

GDP - per capita:
$3,600 (2016 est.) $3,400 (2015 est.) $3,200 (2014 est.)
note: data are in 2016 dollars
country comparison to the world: 181
[see also: GDP - per capita country ranks ]

Gross national saving:
18.4% of GDP (2016 est.) 16.8% of GDP (2015 est.) 19.3% of GDP (2014 est.)
country comparison to the world: 97
[see also: Gross national saving country ranks ]

GDP - composition, by end use:
household consumption: 66%
[see also: GDP - composition, by end use - household consumption country ranks ]
government consumption: 15.2%
[see also: GDP - composition, by end use - government consumption country ranks ]
investment in fixed capital: 16.9%
[see also: GDP - composition, by end use - investment in fixed capital country ranks ]
investment in inventories: 0.8%
[see also: GDP - composition, by end use - investment in inventories country ranks ]
exports of goods and services: 43.3%
[see also: GDP - composition, by end use - exports of goods and services country ranks ]
imports of goods and services: -42.2% (2016 est.)
[see also: GDP - composition, by end use - imports of goods and services country ranks ]

GDP - composition, by sector of origin:
agriculture: 17.6%
[see also: GDP - composition, by sector of origin - agriculture country ranks ]
industry: 19.5%
[see also: GDP - composition, by sector of origin - industry country ranks ]
services: 62.8% (2016 est.)
[see also: GDP - composition, by sector of origin - services country ranks ]

Agriculture - products:
coffee, cocoa beans, bananas, palm kernels, corn, rice, cassava (manioc, tapioca), sweet potatoes, sugar, cotton, rubber; timber

Industries:
foodstuffs, beverages; wood products, oil refining, gold mining, truck and bus assembly, textiles, fertilizer, building materials, electricity

Industrial production growth rate:
8.5% (2016 est.)
country comparison to the world: 8
[see also: Industrial production growth rate country ranks ]

Labor force:
8.543 million (2016 est.)
country comparison to the world: 59
[see also: Labor force country ranks ]

Labor force - by occupation:
agriculture: 68%
[see also: Labor force - by occupation - agriculture country ranks ]
industry and services: NA% (2007 est.)

Unemployment rate:
NA%
[see also: Unemployment rate country ranks ]

Population below poverty line:
42% (2006 est.)
[see also: Population below poverty line country ranks ]

Household income or consumption by percentage share:
lowest 10%: 2.2%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%: 31.8% (2008)
[see also: Household income or consumption by percentage share - highest 10% country ranks ]

Distribution of family income - Gini index:
41.5 (2008) 36.7 (1995)
country comparison to the world: 55
[see also: Distribution of family income - Gini index country ranks ]

Budget:
revenues: $6.839 billion
[see also: Budget revenues country ranks ]
expenditures: $8.17 billion (2016 est.)
[see also: Budget expenditures country ranks ]

Taxes and other revenues:
19.7% of GDP (2016 est.)
country comparison to the world: 156
[see also: Taxes and other revenues country ranks ]

Budget surplus (+) or deficit (-):
-3.8% of GDP (2016 est.)
country comparison to the world: 130
[see also: Budget surplus (+) or deficit (-) country ranks ]

Public debt:
50.9% of GDP (2016 est.) 49.1% of GDP (2015 est.)
country comparison to the world: 86
[see also: Public debt country ranks ]

Fiscal year:
calendar year

Inflation rate (consumer prices):
1.2% (2016 est.) 1.3% (2015 est.)
country comparison to the world: 82
[see also: Inflation rate (consumer prices) country ranks ]

Central bank discount rate:
4.25% (31 December 2010) 4.25% (31 December 2009)
country comparison to the world: 90
[see also: Central bank discount rate country ranks ]

Commercial bank prime lending rate:
2.5% (31 December 2016 est.) 2.5% (31 December 2015 est.)
country comparison to the world: 172
[see also: Commercial bank prime lending rate country ranks ]

Stock of narrow money:
$9.416 billion (31 December 2016 est.) $8.516 billion (31 December 2015 est.)
country comparison to the world: 85
[see also: Stock of narrow money country ranks ]

Stock of broad money:
$13.92 billion (31 December 2016 est.) $12.55 billion (31 December 2015 est.)
country comparison to the world: 100
[see also: Stock of broad money country ranks ]

Stock of domestic credit:
$11.19 billion (31 December 2016 est.) $9.812 billion (31 December 2015 est.)
country comparison to the world: 104
[see also: Stock of domestic credit country ranks ]

Market value of publicly traded shares:
$12.49 billion (31 December 2015 est.) $11.71 billion (31 December 2014 est.) $11.82 billion (31 December 2013 est.)
country comparison to the world: 70
[see also: Market value of publicly traded shares country ranks ]

Current account balance:
-$609 million (2016 est.) -$567 million (2015 est.)
country comparison to the world: 106
[see also: Current account balance country ranks ]

Exports:
$11.73 billion (2016 est.) $11.98 billion (2015 est.)
country comparison to the world: 81
[see also: Exports country ranks ]

Exports - commodities:
cocoa, coffee, timber, petroleum, cotton, bananas, pineapples, palm oil, fish

Exports - partners:
US 8.5%, Netherlands 6.2%, France 5.6%, Germany 5.6%, Nigeria 5.5%, Burkina Faso 5.5%, Belgium 5.3%, India 4.6%, Ghana 4.4%, Switzerland 4.1% (2015)

Imports:
$8.966 billion (2016 est.) $8.609 billion (2015 est.)
country comparison to the world: 102
[see also: Imports country ranks ]

Imports - commodities:
fuel, capital equipment, foodstuffs

Imports - partners:
Nigeria 21.9%, China 14.4%, France 11.4%, Bahamas, The 5% (2015)

Reserves of foreign exchange and gold:
$4.952 billion (31 December 2016 est.) $4.716 billion (31 December 2015 est.)
country comparison to the world: 92
[see also: Reserves of foreign exchange and gold country ranks ]

Debt - external:
$12.84 billion (31 December 2016 est.) $11.71 billion (31 December 2015 est.)
country comparison to the world: 103
[see also: Debt - external country ranks ]

Stock of direct foreign investment - at home:
$NA
[see also: Stock of direct foreign investment - at home country ranks ]

Stock of direct foreign investment - abroad:
$NA
[see also: Stock of direct foreign investment - abroad country ranks ]

Exchange rates:
Communaute Financiere Africaine francs (XOF) per US dollar - 604.4 (2016 est.) 591.45 (2015 est.) 591.45 (2014 est.) 494.42 (2013 est.) 510.29 (2012 est.)


NOTE: The information regarding Cote d'Ivoire on this page is re-published from the 2017 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Cote d'Ivoire Economy 2017 information contained here. All suggestions for corrections of any errors about Cote d'Ivoire Economy 2017 should be addressed to the CIA.




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