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):
$78.33 billion (2015 est.)
$72.37 billion (2014 est.)
$67.07 billion (2013 est.)
note: data are in 2015 US dollars
country comparison to the world: 91
[see also: GDP country ranks ]
GDP (official exchange rate):
$31.27 billion (2015 est.)
[see also: GDP (official exchange rate) country ranks ]
GDP - real growth rate:
8.2% (2015 est.)
7.9% (2014 est.)
8.7% (2013 est.)
country comparison to the world: 9
[see also: GDP - real growth rate country ranks ]
GDP - per capita (PPP):
$3,400 (2015 est.)
$3,100 (2014 est.)
$2,900 (2013 est.)
note: data are in 2015 US dollars
country comparison to the world: 184
[see also: GDP - per capita country ranks ]
Gross national saving:
17.5% of GDP (2015 est.)
16.1% of GDP (2014 est.)
15.7% of GDP (2013 est.)
country comparison to the world: 102
[see also: Gross national saving country ranks ]
GDP - composition, by end use:
household consumption: 66.2%
[see also: GDP - composition, by end use - household consumption country ranks ]
government consumption: 13.7%
[see also: GDP - composition, by end use - government consumption country ranks ]
investment in fixed capital: 16.2%
[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%
[see also: GDP - composition, by end use - exports of goods and services country ranks ]
imports of goods and services: -39.9%
(2015 est.)
[see also: GDP - composition, by end use - imports of goods and services country ranks ]
GDP - composition, by sector of origin:
agriculture: 17.4%
[see also: GDP - composition, by sector of origin - agriculture country ranks ]
industry: 20.3%
[see also: GDP - composition, by sector of origin - industry country ranks ]
services: 62.2% (2015 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:
6.5% (2015 est.)
country comparison to the world: 19
[see also: Industrial production growth rate country ranks ]
Labor force:
8.31 million (2015 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: $5.914 billion
[see also: Budget revenues country ranks ]
expenditures: $7.067 billion (2015 est.)
[see also: Budget expenditures country ranks ]
Taxes and other revenues:
18.9% of GDP (2015 est.)
country comparison to the world: 168
[see also: Taxes and other revenues country ranks ]
Budget surplus (+) or deficit (-):
-3.7% of GDP (2015 est.)
country comparison to the world: 139
[see also: Budget surplus (+) or deficit (-) country ranks ]
Public debt:
52.3% of GDP (2015 est.)
45% of GDP (2014 est.)
country comparison to the world: 74
[see also: Public debt country ranks ]
Fiscal year:
calendar year
Inflation rate (consumer prices):
1.5% (2015 est.)
0.5% (2014 est.)
country comparison to the world: 83
[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: 88
[see also: Central bank discount rate country ranks ]
Commercial bank prime lending rate:
2.5% (31 December 2015 est.)
2.5% (31 December 2014 est.)
country comparison to the world: 174
[see also: Commercial bank prime lending rate country ranks ]
Stock of narrow money:
$7.302 billion (31 December 2015 est.)
$7.785 billion (31 December 2014 est.)
country comparison to the world: 89
[see also: Stock of narrow money country ranks ]
Stock of broad money:
$12.23 billion (31 December 2014 est.)
$11.5 billion (31 December 2013 est.)
country comparison to the world: 101
[see also: Stock of broad money country ranks ]
Stock of domestic credit:
$8.347 billion (31 December 2015 est.)
$9.138 billion (31 December 2014 est.)
country comparison to the world: 109
[see also: Stock of domestic credit country ranks ]
Market value of publicly traded shares:
$7.829 billion (31 December 2012 est.)
$6.288 billion (31 December 2011)
$7.099 billion (31 December 2010 est.)
country comparison to the world: 77
[see also: Market value of publicly traded shares country ranks ]
Current account balance:
-$313 million (2015 est.)
-$221 million (2014 est.)
country comparison to the world: 85
[see also: Current account balance country ranks ]
Exports:
$11.9 billion (2015 est.)
$12.78 billion (2014 est.)
country comparison to the world: 84
[see also: Exports country ranks ]
Exports - commodities:
cocoa, coffee, timber, petroleum, cotton, bananas, pineapples, palm oil, fish
Exports - partners:
Ghana 9.1%, US 8.5%, Nigeria 7.9%, Netherlands 7.4%, Gabon 5.4%, Germany 5%, France 5%, Belgium 4.3% (2014)
Imports:
$9.154 billion (2015 est.)
$9.935 billion (2014 est.)
country comparison to the world: 102
[see also: Imports country ranks ]
Imports - commodities:
fuel, capital equipment, foodstuffs
Imports - partners:
Nigeria 21.8%, France 11.7%, China 11%, Bahamas, The 6.2% (2014)
Reserves of foreign exchange and gold:
$4.882 billion (31 December 2015 est.)
$4.479 billion (31 December 2014 est.)
country comparison to the world: 95
[see also: Reserves of foreign exchange and gold country ranks ]
Debt - external:
$13.03 billion (31 December 2014 est.)
$11.29 billion (31 December 2013 est.)
country comparison to the world: 101
[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 -
610.6 (2015 est.)
494.42 (2014 est.)
494.42 (2013 est.)
510.29 (2012 est.)
471.87 (2011 est.)