Ivory Coast Current Account to GDP

Ivory Coast recorded a Current Account surplus of 3.70 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Ivory Coast is reported by the Central Bank of West African States. From 1975 until 2012, Ivory Coast Current Account to GDP averaged -4.2 Percent reaching an all time high of 7.3 Percent in December of 2009 and a record low of -18.0 Percent in December of 1980. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Ivory Coast Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
3.70 6.70 7.25 -17.95 3.13 | 2014/06 1975 - 2012 Percent Yearly

TO

Ivory Coast Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade 1726.00 2012-12-31 2771.20 2771.20 -1058.14 2002.49 2014-06-30 CFA Franc Billion [+]
Current Account -224.10 2012-12-31 1164.90 1164.90 -233.20 -429.39 2014-06-30 CFA Franc Billion [+]
Current Account to GDP 3.70 2012-12-31 6.70 7.25 -17.95 3.13 2014-06-30 Percent [+]
Exports 6045.30 2012-12-31 5833.80 6045.30 579.10 6688.90 2014-06-30 CFA Franc Billion [+]
Imports 4319.30 2012-12-31 3062.70 4319.30 62.90 5057.81 2014-06-30 CFA Franc Billion [+]
[+]


Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.


RELATED NEWS

Ivory Coast Government Spending at 1246000000.00 XOF THO  
Government Spending in Ivory Coast increased to 1246000000 XOF THO in 2012 from 1152630000 XOF THO in 2011. Government Spending in Ivory Coast is reported by the SESRIC.
Ivory Coast Unemployed Persons at 216158.00  
The number of unemployed persons in Ivory Coast increased to 216158 in 2006 from 207744 in 2005. Unemployed Persons in Ivory Coast is reported by the Institut National de la Statistique de Côte d'Ivoire.
Ivory Coast Employed Persons at 7787952.00  
The number of employed persons in Ivory Coast increased to 7787952 in 2006 from 7561116 in 2005. Employed Persons in Ivory Coast is reported by the Institut National de la Statistique de Côte d'Ivoire.
Ivory Coast Industrial Production at 15.60 Percent  
Industrial Production in Ivory Coast increased 15.60 percent in January of 2014 over the same month in the previous year. Industrial Production in Ivory Coast is reported by the INS, Ivory Coast.
Ivory Coast Current Account at -224.10 CFA Franc Billion  
Ivory Coast recorded a Current Account deficit of 224.10 CFA Franc Billion in 2012. Current Account in Ivory Coast is reported by the Central Bank of West African States (BCEAO).
Ivory Coast Personal Income Tax Rate at 60.00 percent  
The Personal Income Tax Rate in Ivory Coast stands at 60 percent. Personal Income Tax Rate in Ivory Coast is reported by the Ministry of Finance.
Ivory Coast Money Supply M0 at 2296636.00 XOF Million  
Money Supply M0 in Ivory Coast increased to 2296636 XOF Million in December of 2013 from 2187157.60 XOF Million in November of 2013. Money Supply M0 in Ivory Coast is reported by the Central Bank of West African States (BCEAO).
Ivory Coast Money Supply M2 at 5480393.40 XOF Million  
Money Supply M2 in Ivory Coast increased to 5480393.40 XOF Million in December of 2013 from 5183557.70 XOF Million in November of 2013. Money Supply M2 in Ivory Coast is reported by the Central Bank of West African States (BCEAO).
Ivory Coast Balance of Trade at 1726.00 CFA Franc Billion  
Ivory Coast recorded a trade surplus of 1726 CFA Franc Billion in 2012. Balance of Trade in Ivory Coast is reported by the Central Bank of West African States (BCEAO).
Ivory Coast Exports at 6045.30 CFA Franc Billion  
Exports in Ivory Coast increased to 6045.30 CFA Franc Billion in 2012 from 5833.80 CFA Franc Billion in 2011. Exports in Ivory Coast is reported by the Central Bank of West African States (BCEAO).
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