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 to climatic conditions. Cocoa, oil, and coffee are the country's top export revenue earners, but the country has targeted agricultural processing of cocoa, cashews, mangoes, and other commodities as a high priority. Mining gold and exporting electricity are growing industries outside agriculture.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. For the last 5 years Cote d'Ivoire's growth rate has been among the highest in the world.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): Gross national saving: GDP - composition, by end use: GDP - composition, by sector of origin: Agriculture - products: Industries: Industrial production growth rate: Labor force: Labor force - by occupation: Unemployment rate: Population below poverty line: Household income or consumption by percentage share: Distribution of family income - Gini index: Budget: Taxes and other revenues: Budget surplus (+) or deficit (-): Public debt: Fiscal year: Inflation rate (consumer prices): Central bank discount rate: Commercial bank prime lending rate: Stock of narrow money: Stock of broad money: Stock of domestic credit: Market value of publicly traded shares: Current account balance: Exports: Exports - commodities: Exports - partners: Imports: Imports - commodities: Imports - partners: Reserves of foreign exchange and gold: Debt - external: Stock of direct foreign investment - at home: Stock of direct foreign investment - abroad: Exchange rates:
$96.27 billion (2017 est.)
$89.44 billion (2016 est.)
$83.04 billion (2015 est.)
note: data are in 2017 dollars
country comparison to the world: 87
$39.91 billion (2016 est.)
[see also: GDP (official exchange rate) country ranks ]
7.6% (2017 est.)
7.7% (2016 est.)
8.9% (2015 est.)
country comparison to the world: 5
[see also: GDP - real growth rate country ranks ]
$3,900 (2017 est.)
$3,700 (2016 est.)
$3,500 (2015 est.)
note: data are in 2017 dollars
country comparison to the world: 181
16.5% of GDP (2017 est.)
18.5% of GDP (2016 est.)
17.5% of GDP (2015 est.)
country comparison to the world: 115
[see also: Gross national saving country ranks ]
household consumption: 61.7%
[see also: GDP - composition, by end use - household consumption country ranks ]
government consumption: 14.9%
[see also: GDP - composition, by end use - government consumption country ranks ]
investment in fixed capital: 22.4%
[see also: GDP - composition, by end use - investment in fixed capital country ranks ]
investment in inventories: 0.3%
[see also: GDP - composition, by end use - investment in inventories country ranks ]
exports of goods and services: 30.8%
[see also: GDP - composition, by end use - exports of goods and services country ranks ]
imports of goods and services: -30.1% (2017 est.)
[see also: GDP - composition, by end use - imports of goods and services country ranks ]
agriculture: 17.4%
[see also: GDP - composition, by sector of origin - agriculture country ranks ]
industry: 28.8%
[see also: GDP - composition, by sector of origin - industry country ranks ]
services: 53.8% (2017 est.)
[see also: GDP - composition, by sector of origin - services country ranks ]
coffee, cocoa beans, bananas, palm kernels, corn, rice, cassava (manioc, tapioca), sweet potatoes, sugar, cotton, rubber; timber
foodstuffs, beverages; wood products, oil refining, gold mining, truck and bus assembly, textiles, fertilizer, building materials, electricity
7% (2017 est.)
country comparison to the world: 26
[see also: Industrial production growth rate country ranks ]
8.747 million (2017 est.)
country comparison to the world: 59
[see also: Labor force country ranks ]
agriculture: 68%
[see also: Labor force - by occupation - agriculture country ranks ]
industry and services: NA% (2007 est.)
9.4% (2013 est.)
country comparison to the world: 129
[see also: Unemployment rate country ranks ]
46.3% (2015 est.)
[see also: Population below poverty line country ranks ]
lowest 10%: 2.2%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%: 31.8% (2008)
41.5 (2008)
36.7 (1995)
country comparison to the world: 53
[see also: Distribution of family income - Gini index country ranks ]
revenues: $7.121 billion
[see also: Budget - revenues country ranks ]
expenditures: $8.886 billion (2017 est.)
[see also: Budget - expenditures country ranks ]
17.8% of GDP (2017 est.)
country comparison to the world: 170
[see also: Taxes and other revenues country ranks ]
-4.4% of GDP (2017 est.)
country comparison to the world: 148
[see also: Budget surplus (+) or deficit (-) country ranks ]
51.4% of GDP (2017 est.)
47.4% of GDP (2016 est.)
country comparison to the world: 100
[see also: Public debt country ranks ]
calendar year
1% (2017 est.)
0.7% (2016 est.)
country comparison to the world: 38
[see also: Inflation rate (consumer prices) country ranks ]
4.25% (31 December 2010)
4.25% (31 December 2009)
country comparison to the world: 91
[see also: Central bank discount rate country ranks ]
5.4% (31 December 2017 est.)
5.3% (31 December 2016 est.)
country comparison to the world: 137
[see also: Commercial bank prime lending rate country ranks ]
$11.36 billion (31 December 2017 est.)
$9.438 billion (31 December 2016 est.)
country comparison to the world: 83
[see also: Stock of narrow money country ranks ]
$16.66 billion (31 December 2017 est.)
$13.88 billion (31 December 2016 est.)
country comparison to the world: 95
[see also: Stock of broad money country ranks ]
$13.72 billion (31 December 2017 est.)
$10.9 billion (31 December 2016 est.)
country comparison to the world: 101
[see also: Stock of domestic credit country ranks ]
$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: 71
[see also: Market value of publicly traded shares country ranks ]
-$1.161 billion (2017 est.)
-$397 million (2016 est.)
country comparison to the world: 137
[see also: Current account balance country ranks ]
$11.08 billion (2017 est.)
$11.77 billion (2016 est.)
country comparison to the world: 85
[see also: Exports country ranks ]
cocoa, coffee, timber, petroleum, cotton, bananas, pineapples, palm oil, fish
Netherlands 11.3%, US 7.4%, France 6.8%, Belgium 6.1%, Germany 5.2%, India 5.1%, Burkina Faso 4.6%, Mali 4.5%, Switzerland 4.1% (2016)
$8.789 billion (2017 est.)
$8.524 billion (2016 est.)
country comparison to the world: 101
[see also: Imports country ranks ]
fuel, capital equipment, foodstuffs
France 13.5%, Nigeria 13.3%, China 11.8%, US 4.2% (2016)
$4.688 billion (31 December 2017 est.)
$4.935 billion (31 December 2016 est.)
country comparison to the world: 95
[see also: Reserves of foreign exchange and gold country ranks ]
$12.38 billion (31 December 2017 est.)
$11.02 billion (31 December 2016 est.)
country comparison to the world: 107
[see also: Debt - external country ranks ]
$NA
[see also: Stock of direct foreign investment - at home country ranks ]
$NA
[see also: Stock of direct foreign investment - abroad country ranks ]
Communaute Financiere Africaine francs (XOF) per US dollar -
594.3 (2017 est.)
593.01 (2016 est.)
593.01 (2015 est.)
591.45 (2014 est.)
494.42 (2013 est.)