Ivory Coast ranked 76/197 by economy size with a GDP of $86.5B and 142/197 by GDP per capita at $2,710. Ivory Coast has $51.3B in government debt, with a debt-to-GDP ratio of 58.1%.
In 2025, Ivory Coast made up 0.08% of the world's economy, compared to 0.04% in 1960.
The chart below shows GDP in nominal terms, GDP adjusted for inflation (in constant dollars), and a bar chart of year-over-year inflation-adjusted growth.
| Year | GDP | GDP growth | |
|---|---|---|---|
| Current $ | Constant $ | ||
| 1960 | $546,203,559 | $5,492,745,890 | - |
| 1961 | $618,245,634 | $6,038,315,905 | 13.2% |
| 1962 | $645,284,474 | $6,112,405,708 | 4.37% |
| 1963 | $761,047,198 | $6,998,115,047 | 17.9% |
| 1964 | $921,063,327 | $8,230,699,197 | 21% |
| 1965 | $919,771,229 | $7,974,752,908 | -0.14% |
| 1966 | $1,024,102,880 | $8,898,018,736 | 11.3% |
| 1967 | $1,082,922,725 | $9,307,163,144 | 5.74% |
| 1968 | $1,281,281,277 | $10,475,049,116 | 18.3% |
| 1969 | $1,361,360,293 | $11,474,286,968 | 6.25% |
| 1970 | $1,455,482,795 | $12,664,747,894 | 6.91% |
| 1971 | $1,584,128,509 | $13,862,407,214 | 8.84% |
| 1972 | $1,849,400,402 | $14,449,705,425 | 16.7% |
| 1973 | $2,508,421,426 | $15,307,901,973 | 35.6% |
| 1974 | $3,070,152,309 | $15,970,333,193 | 22.4% |
| 1975 | $3,893,839,190 | $17,288,346,644 | 26.8% |
| 1976 | $4,662,053,825 | $19,521,378,207 | 19.7% |
| 1977 | $6,265,068,189 | $20,949,261,442 | 34.4% |
| 1978 | $7,900,526,298 | $23,234,711,410 | 26.1% |
| 1979 | $9,142,933,967 | $23,791,045,073 | 15.7% |
| 1980 | $10,175,617,609 | $21,184,094,378 | 11.3% |
| 1981 | $8,432,589,942 | $21,925,643,371 | -17.1% |
| 1982 | $7,567,110,849 | $21,969,674,962 | -10.3% |
| 1983 | $6,838,184,773 | $21,112,804,815 | -9.63% |
| 1984 | $6,841,639,247 | $20,542,492,760 | 0.05% |
| 1985 | $6,977,650,644 | $21,467,156,206 | 1.99% |
| 1986 | $9,158,302,100 | $22,166,845,697 | 31.3% |
| 1987 | $10,087,654,465 | $22,089,489,410 | 10.1% |
| 1988 | $10,255,169,806 | $22,340,532,915 | 1.66% |
| 1989 | $9,757,410,645 | $22,999,132,930 | -4.85% |
| 1990 | $10,795,850,583 | $22,747,083,497 | 10.6% |
| 1991 | $10,492,628,581 | $22,756,392,780 | -2.81% |
| 1992 | $11,152,971,274 | $22,700,739,607 | 6.29% |
| 1993 | $11,045,760,288 | $22,657,044,066 | -0.96% |
| 1994 | $8,313,557,510 | $22,840,839,521 | -24.7% |
| 1995 | $11,000,146,267 | $24,468,419,439 | 32.3% |
| 1996 | $18,071,152,831 | $26,359,663,692 | 64.3% |
| 1997 | $18,047,558,038 | $28,903,065,479 | -0.13% |
| 1998 | $19,619,654,756 | $30,135,465,006 | 8.71% |
| 1999 | $18,870,992,456 | $30,487,103,687 | -3.82% |
| 2000 | $16,577,533,892 | $30,406,072,178 | -12.2% |
| 2001 | $16,810,537,044 | $29,751,121,586 | 1.41% |
| 2002 | $18,054,383,321 | $28,938,759,334 | 7.4% |
| 2003 | $21,251,754,340 | $27,571,152,176 | 17.7% |
| 2004 | $23,510,575,681 | $28,449,303,912 | 10.6% |
| 2005 | $24,036,918,703 | $28,732,677,632 | 2.24% |
| 2006 | $25,281,413,263 | $29,541,668,753 | 5.18% |
| 2007 | $28,760,090,953 | $29,867,049,486 | 13.8% |
| 2008 | $34,078,240,293 | $31,295,490,701 | 18.5% |
| 2009 | $33,886,813,250 | $32,423,167,867 | -0.56% |
| 2010 | $34,936,307,980 | $34,643,522,419 | 3.1% |
| 2011 | $36,693,710,801 | $32,783,010,325 | 5.03% |
| 2012 | $36,302,302,877 | $35,281,210,701 | -1.07% |
| 2013 | $42,760,235,485 | $39,077,544,168 | 17.8% |
| 2014 | $48,843,005,614 | $42,739,891,584 | 14.2% |
| 2015 | $45,815,005,169 | $45,815,005,169 | -6.2% |
| 2016 | $48,407,761,037 | $49,101,205,369 | 5.66% |
| 2017 | $52,512,343,997 | $52,739,979,047 | 8.48% |
| 2018 | $58,522,477,787 | $55,294,253,264 | 11.4% |
| 2019 | $60,382,894,697 | $59,010,785,541 | 3.18% |
| 2020 | $63,027,852,805 | $59,423,700,881 | 4.38% |
| 2021 | $72,794,636,649 | $63,620,992,438 | 15.5% |
| 2022 | $70,922,824,824 | $67,692,661,917 | -2.57% |
| 2023 | $79,618,056,324 | $72,059,148,622 | 12.3% |
| 2024 | $86,538,413,923 | $76,346,667,965 | 8.69% |
Economic Statistics of Ivory Coast
Ivory Coast
|
Rank | |
|---|---|---|
| Gross domestic product |
$86.5B
2024 |
76/197 |
| GDP growth |
8.69%
2023-2024 |
52/196 |
| GDP per capita |
$2,710
2024 |
142/197 |
| GDP per capita, PPP |
$7,653
2024 |
144/197 |
| Government debt |
$51.3B
2024 |
72/185 |
| Debt-to-GDP ratio |
58.1%
2025 |
90/185 |
| Government debt per person |
$1,606
2024 |
125/185 |
| Average annual personal income after taxes |
$2,373
2025 |
156/197 |
| Listed domestic companies |
46
2020 |
71/103 |
| Market capitalization of domestic companies |
$7.33B
2020 |
73/100 |
| Income share by richest 10% |
27.8%
2021 |
81/169 |
| Income share by poorest 10% |
3.1%
2021 |
52/169 |
| Government expenditure, % of GDP |
20.4%
2025 |
156/195 |
| Consumer prices inflation |
3.47%
2023-2024 |
90/195 |
| Unemployment rate |
2.31%
2022 |
170/196 |
| Population |
33340347
|
50/197 |
Ivory Coast's GDP per capita
Ivory Coast has a GDP per capita of $2,710, ranking 142/197, a GDP per capita based on purchasing power parity (PPP) of $7,653, ranking 144/197, and a median annual after tax income of $2,373, ranking 156/197.
| Year | Current $ | |
|---|---|---|
| GDP per capita | GDP per capita, PPP | |
| 1960 | $148.7 | - |
| 1961 | $162.3 | - |
| 1962 | $163.1 | - |
| 1963 | $185.1 | - |
| 1964 | $215.5 | - |
| 1965 | $207 | - |
| 1966 | $221.8 | - |
| 1967 | $225.6 | - |
| 1968 | $256.8 | - |
| 1969 | $262.2 | - |
| 1970 | $269 | - |
| 1971 | $280.3 | - |
| 1972 | $313 | - |
| 1973 | $406 | - |
| 1974 | $474 | - |
| 1975 | $575 | - |
| 1976 | $661 | - |
| 1977 | $856 | - |
| 1978 | $1,039 | - |
| 1979 | $1,157 | - |
| 1980 | $1,238 | - |
| 1981 | $986 | - |
| 1982 | $849 | - |
| 1983 | $737 | - |
| 1984 | $709 | - |
| 1985 | $695 | - |
| 1986 | $877 | - |
| 1987 | $930 | - |
| 1988 | $910 | - |
| 1989 | $833 | - |
| 1990 | $886 | $2,693 |
| 1991 | $827 | $2,677 |
| 1992 | $845 | $2,625 |
| 1993 | $804 | $2,577 |
| 1994 | $582 | $2,551 |
| 1995 | $740 | $2,683 |
| 1996 | $1,170 | $2,832 |
| 1997 | $1,125 | $3,040 |
| 1998 | $1,177 | $3,086 |
| 1999 | $1,096 | $3,065 |
| 2000 | $937 | $3,041 |
| 2001 | $925 | $2,962 |
| 2002 | $968 | $2,851 |
| 2003 | $1,111 | $2,702 |
| 2004 | $1,200 | $2,794 |
| 2005 | $1,198 | $2,842 |
| 2006 | $1,230 | $2,942 |
| 2007 | $1,368 | $2,985 |
| 2008 | $1,584 | $3,116 |
| 2009 | $1,540 | $3,177 |
| 2010 | $1,554 | $3,361 |
| 2011 | $1,597 | $3,176 |
| 2012 | $1,547 | $3,291 |
| 2013 | $1,786 | $3,619 |
| 2014 | $1,991 | $4,074 |
| 2015 | $1,815 | $4,404 |
| 2016 | $1,863 | $4,531 |
| 2017 | $1,964 | $4,690 |
| 2018 | $2,131 | $4,946 |
| 2019 | $2,142 | $5,516 |
| 2020 | $2,180 | $5,544 |
| 2021 | $2,456 | $6,045 |
| 2022 | $2,333 | $6,719 |
| 2023 | $2,555 | $7,227 |
| 2024 | $2,710 | $7,653 |
Ivory Coast's government spending, deficit, and chart
This chart shows Ivory Coast's government spending, budget balance, and debt over time, each expressed as a share of GDP.
Over the past 29 years, Ivory Coast recorded a fiscal deficit in 28 years — average annual deficit equal to -2.13% of GDP. In 2024, government spending reached $17.6B (20.4% of GDP), with a deficit of -3.02%.
The national debt reached $51.3B, ranking 72nd out of 185 countries by total size, with a debt-to-GDP ratio of 58.1%, ranking 90th.
| Year | % of GDP | ||
|---|---|---|---|
| Government spending | Government debt | Government deficit/surplus | |
| 1997 | 15.2% | 84.2% | -0.75% |
| 1998 | 14.6% | 75.2% | -0.7% |
| 1999 | 13.7% | 78% | -1.27% |
| 2000 | 12.9% | 74% | -0.83% |
| 2001 | 11.4% | 71.2% | 0.7% |
| 2002 | 13.1% | 63% | -0.64% |
| 2003 | 12.7% | 56.4% | -1.26% |
| 2004 | 13.5% | 56.7% | -1.04% |
| 2005 | 13.6% | 58.2% | -1.03% |
| 2006 | 14.5% | 57.5% | -1.03% |
| 2007 | 14.8% | 53.5% | -0.39% |
| 2008 | 14.6% | 51.2% | -0.21% |
| 2009 | 14.4% | 46.5% | -1% |
| 2010 | 14.5% | 45.6% | -1.34% |
| 2011 | 13.2% | 50% | -2.89% |
| 2012 | 16.1% | 24.7% | -2.28% |
| 2013 | 15.9% | 24.6% | -1.62% |
| 2014 | 15.2% | 26.7% | -1.57% |
| 2015 | 16.5% | 29.2% | -2.04% |
| 2016 | 17.6% | 31.1% | -2.98% |
| 2017 | 18.1% | 32.6% | -3.27% |
| 2018 | 17.6% | 35.3% | -2.9% |
| 2019 | 17.2% | 37.2% | -2.22% |
| 2020 | 20.4% | 46.3% | -5.42% |
| 2021 | 20.5% | 50.2% | -4.86% |
| 2022 | 21.9% | 56% | -6.74% |
| 2023 | 21.3% | 57.5% | -5.19% |
| 2024 | 20.4% | 59.3% | -3.97% |
| 2025 | 20.4% | 58.1% | -3.02% |
Inflation rate by year
Over the past 20 years, Ivory Coast has had an average annual inflation rate of 2.38%. In 2024, inflation was 3.47%. The bar chart below shows consumer price inflation by year.
| Year | Inflation |
|---|---|
| 1961 | 11.6% |
| 1962 | -1.34% |
| 1963 | 0.94% |
| 1964 | 0.62% |
| 1965 | 2.61% |
| 1966 | 4.19% |
| 1967 | 2.29% |
| 1968 | 5.35% |
| 1969 | 4.45% |
| 1970 | 8.21% |
| 1971 | -0.44% |
| 1972 | 0.31% |
| 1973 | 11.1% |
| 1974 | 17.4% |
| 1975 | 11.4% |
| 1976 | 12.1% |
| 1977 | 27.4% |
| 1978 | 13.2% |
| 1979 | 16.3% |
| 1980 | 14.7% |
| 1981 | 8.8% |
| 1982 | 7.58% |
| 1983 | 5.64% |
| 1984 | 4.28% |
| 1985 | 1.86% |
| 1986 | 9.68% |
| 1987 | 6.94% |
| 1988 | 6.93% |
| 1989 | 1.05% |
| 1990 | -0.81% |
| 1991 | 1.68% |
| 1992 | 4.23% |
| 1993 | 2.16% |
| 1994 | 26.1% |
| 1995 | 14.3% |
| 1996 | 2.48% |
| 1997 | 4.02% |
| 1998 | 4.61% |
| 1999 | 0.7% |
| 2000 | 2.53% |
| 2001 | 4.36% |
| 2002 | 3.08% |
| 2003 | 3.3% |
| 2004 | 1.46% |
| 2005 | 3.89% |
| 2006 | 2.47% |
| 2007 | 1.89% |
| 2008 | 6.31% |
| 2009 | 1.02% |
| 2010 | 1.23% |
| 2011 | 4.91% |
| 2012 | 1.3% |
| 2013 | 2.58% |
| 2014 | 0.45% |
| 2015 | 1.25% |
| 2016 | 0.72% |
| 2017 | 0.69% |
| 2018 | 0.36% |
| 2019 | -1.11% |
| 2020 | 2.43% |
| 2021 | 4.09% |
| 2022 | 5.28% |
| 2023 | 4.39% |
| 2024 | 3.47% |
Balance of trade
|
Ivory Coast
|
Rank | |
|---|---|---|
Current account balance
|
-$9.21B
2023 |
175/189 |
| Current account balance, % of GDP |
-11.6%
2023 |
163/189 |
| Goods imports |
$15.4B
2023 |
90/188 |
| Goods exports |
$17.1B
2023 |
81/188 |
| Service imports |
$8.78B
2023 |
72/188 |
| Service exports |
$1.5B
2023 |
115/188 |
| Imports of goods and services, % of GDP |
27.1%
2024 |
143/180 |
| Exports of goods and services, % of GDP |
27.6%
2024 |
124/193 |
Ivory Coast's top 10 trading partners
Ivory Coast's biggest trading partner accounting for 9.35%% of all exports and imports is China, with a trade balance between the two of -$2.01B — Ivory Coast exports $729M worth of goods and services to China and imports $2.74B.
Below is the list of the top 10 trade partners of Ivory Coast.
| Rank | Country | Trade value | Share of total trade | Export to | Import from | Top export to | Top import from |
|---|---|---|---|---|---|---|---|
| 1 |
China
|
$3.47B | 9.35% | $729M | $2.74B | Raw materials & minerals | Machinery & equipment |
| 2 |
Netherlands
|
$2.83B | 7.64% | $2.51B | $317M | Processed food, beverages & tobacco | Raw materials & minerals |
| 3 |
Switzerland
|
$2.81B | 7.59% | $2.75B | $59.9M | Precious metals & jewellery | Machinery & equipment |
| 4 |
Nigeria
|
$2.48B | 6.68% | $164M | $2.31B | Raw materials & minerals | Raw materials & minerals |
| 5 |
France
|
$1.96B | 5.29% | $847M | $1.11B | Processed food, beverages & tobacco | Chemicals & pharma |
| 6 |
United States
|
$1.77B | 4.79% | $922M | $851M | Processed food, beverages & tobacco | Raw materials & minerals |
| 7 |
Belgium
|
$1.69B | 4.55% | $825M | $863M | Processed food, beverages & tobacco | Raw materials & minerals |
| 8 |
Mali
|
$1.68B | 4.54% | $1.67B | $12.7M | Raw materials & minerals | Raw agricultural goods |
| 9 |
India
|
$1.25B | 3.39% | $437M | $817M | Raw materials & minerals | Raw agricultural goods |
| 10 |
Germany
|
$1.24B | 3.36% | $871M | $373M | Processed food, beverages & tobacco | Machinery & equipment |
Ivory Coast's top 10 exports
|
Ivory Coast
|
Rank | |
|---|---|---|
| Processed food, beverages & tobacco | $7.97B | 31/192 |
| Raw materials & minerals | $5.83B | 70/193 |
| Precious metals & jewellery | $3.14B | 37/190 |
| Raw agricultural goods | $1.72B | 60/193 |
| Chemicals & pharma | $688M | 82/193 |
| Transport & tourism services | $629M | 129/188 |
| Machinery & equipment | $476M | 93/193 |
| Textiles & consumer goods | $411M | 90/193 |
| Wood & paper products | $205M | 78/192 |
| IT & IP services | $127M | 103/183 |
Ivory Coast's top 10 imports
|
Ivory Coast
|
Rank | |
|---|---|---|
| Raw materials & minerals | $5.54B | 69/193 |
| Machinery & equipment | $3.79B | 98/193 |
| Transport & tourism services | $2.64B | 91/188 |
| Chemicals & pharma | $1.94B | 88/193 |
| Raw agricultural goods | $1.49B | 69/193 |
| Animal & marine products | $1.25B | 51/193 |
| Metals | $1.16B | 90/193 |
| Processed food, beverages & tobacco | $866M | 109/193 |
| Business & finance services | $760M | 96/188 |
| Textiles & consumer goods | $753M | 108/193 |
Economic freedom indices
|
Ivory Coast
|
Rank | |
|---|---|---|
| Economic freedom | 57.8 | 112/197 |
| Property rights | 46.3 | 102/182 |
| Government integrity | 36.6 | 102/182 |
| Judicial effectiveness | 31.1 | 102/182 |
| Tax burden | 82.2 | 72/181 |
| Government spending | 86.3 | 39/180 |
| Fiscal health | 42.4 | 135/181 |
| Business freedom | 65.2 | 95/182 |
| Labor freedom | 56.8 | 97/182 |
| Monetary freedom | 66.5 | 137/180 |
| Trade freedom | 70 | 96/181 |
| Investment freedom | 60 | 72/181 |
| Financial freedom | 50 | 81/181 |
Ivory Coast's economic freedom by year
Ivory Coast is ranked 99/180 for economic freedom with a score of 57.8, compared to 90/163 and a score of 56.6 in 2005.
| Year | Index | ||||
|---|---|---|---|---|---|
| Economic freedom | Judicial effectiveness | Tax burden | Government spending | Fiscal health | |
| 1995 | 53.4 | - | 52.2 | 86.1 | - |
| 1996 | 49.9 | - | 52.2 | 86.4 | - |
| 1997 | 50.5 | - | 51.9 | 88.9 | - |
| 1998 | 51.3 | - | 51.2 | 88.5 | - |
| 1999 | 51.7 | - | 50.9 | 88.7 | - |
| 2000 | 50.2 | - | 51.8 | 73 | - |
| 2001 | 54.8 | - | 52.1 | 82.7 | - |
| 2002 | 57.3 | - | 52.2 | 85.5 | - |
| 2003 | 56.7 | - | 52.4 | 90.2 | - |
| 2004 | 57.8 | - | 52.2 | 91.7 | - |
| 2005 | 56.6 | - | 52 | 88.6 | - |
| 2006 | 56.2 | - | 52.2 | 88.4 | - |
| 2007 | 54.9 | - | 52.1 | 87.8 | - |
| 2008 | 53.9 | - | 52.3 | 88.1 | - |
| 2009 | 55 | - | 58.1 | 87.6 | - |
| 2010 | 54.1 | - | 78.3 | 87.1 | - |
| 2011 | 55.4 | - | 78.5 | 88.4 | - |
| 2012 | 54.3 | - | 78.1 | 86.6 | - |
| 2013 | 54.1 | - | 77.9 | 79.8 | - |
| 2014 | 57.7 | - | 79.1 | 79.8 | - |
| 2015 | 58.5 | - | 77.7 | 82.4 | - |
| 2016 | 60 | - | 78.3 | 85.4 | - |
| 2017 | 63 | 45.8 | 78.4 | 84.6 | 87 |
| 2018 | 62 | 44.2 | 76.4 | 84.6 | 80.8 |
| 2019 | 62.4 | 47.8 | 77.5 | 83.9 | 74.3 |
| 2020 | 59.7 | 33 | 77.8 | 82.5 | 66.9 |
| 2021 | 61.7 | 34.9 | 77.6 | 90.4 | 84.1 |
| 2022 | 61.6 | 30 | 79.1 | 89.7 | 73.8 |
| 2023 | 60.4 | 33.6 | 79 | 88.5 | 65.3 |
| 2024 | 58.4 | 29.7 | 78.9 | 86.7 | 41.1 |
| 2025 | 57.8 | 31.1 | 82.2 | 86.3 | 42.4 |
More economic indicators
|
Ivory Coast
|
Rank | |
|---|---|---|
| Services, % of GDP |
53.9%
2024 |
113/191 |
| Industry, % of GDP |
22.1%
2024 |
118/194 |
| Agriculture, forestry, and fishing, % of GDP |
17.9%
2024 |
40/193 |
|
GNI, Atlas method
|
$80.2B
2024 |
75/194 |
| GNI per capita, PPP |
$7,350
2024 |
140/191 |
|
Net foreign direct investment
|
-$2B
2023 |
142/188 |
|
Net inflows of foreign direct investment
|
$3.8B
2024 |
50/193 |
|
Net outflows of foreign direct investment
|
$563M
2024 |
60/187 |
|
Servicing debt to the IMF, % of GNI
|
4.64%
2023 |
50/119 |
| Poverty at national poverty lines |
37.5%
2021 |
44/176 |
|
Gross capital formation, % of GDP
|
24.5%
2024 |
73/176 |
Compare countries by 7 more topics
GDP per capita map
GDP per capita
Relevant pages:
Ivory Coast topic pages:
Economy comparisons
The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.
Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.
A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).
Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.
Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.
Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.
Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.