Ivory Coast | Economic Forecasts | 2017-2020 Outlook

This page has economic forecasts for Ivory Coast including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Ivory Coast economy.

MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 603.90 619 626 644 638 736 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate 8.20 8.7 8.8 9 8 7.67 percent [+]
GDP 31.75 32.66 31.57 30.47 30.6 30.61 USD Billion [+]
GDP Constant Prices 13812721915.96 14132171863 14431120664 14730069465 14924029838 17145638373 XOF THO [+]
Gross Fixed Capital Formation 2884780906.30 2835812860 3199792828 3563772796 3562607904 3776130839 CFA Thousand [+]
GDP per capita 1496.24 1512 1532 1552 1560 1625 USD [+]
GDP per capita PPP 3300.07 3287 3297 3307 3292 2987 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 5.30 10.3 4.18 3.73 3.48 7.85 percent [+]
Employed Persons 7644539.00 7590194 7590194 7590194 7590194 7313292 [+]
Unemployed Persons 426225.00 437103 444474 451846 457174 504519 [+]
Population 22.67 23.97 23.92 24.96 25.54 34.79 Million [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 0.40 1.7 1.5 1.1 0.8 1.5 percent [+]
Food Inflation -1.00 0.05 -0.15 -0.14 -0.19 -0.18 percent [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 4.50 4.5 4.5 4.5 4.5 4.5 percent [+]
Money Supply M0 2847212.20 2910113 2910329 2910272 2910252 2910250 XOF Million [+]
Money Supply M2 7614945.50 8042976 8179562 8314734 8448612 9838708 XOF Million [+]
Deposit Interest Rate 4.99 5.02 4.99 4.96 4.97 4.97 percent [+]
Interbank Rate 3.96 4.85 4.87 4.87 4.87 4.87 percent [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade 1256.00 1182 1275 1368 1313 1058 CFA Franc Million [+]
Exports 7423.80 7489 7598 7707 7733 7865 XOF Billion [+]
Exports 6041.00 5840 5914 5988 5992 6047 CFA Franc Million [+]
Imports 5506.50 4292 4308 4323 4563 5074 CFA Franc Million [+]
Imports 6167.70 6265 6320 6375 6486 7710 XOF Billion [+]
Current Account -125.40 -100 199 189 158 187 CFA Franc Billion [+]
Current Account to GDP -2.50 -0.68 -0.1 0.47 0.52 0.11 percent [+]
Terrorism Index 2.18 2.56 2.56 2.56 2.72 3.23 [+]
Crude Oil Production 31.00 30.93 30.93 30.93 30.93 30.93 BBL/D/1K [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 28.20 36.63 35.68 34.73 34.73 24.47 percent [+]
Government Budget -0.40 -0.68 -0.75 -0.83 -0.87 -1.05 percent of GDP [+]
Government Spending 2073474306.67 2087867543 2169270387 2250673231 2209904266 2226667637 CFA Thousand [+]
Military Expenditure 547.80 533 517 502 517 531 USD Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Industrial Production 9.70 7.07 4.72 4.56 4.44 4.9 percent [+]
Leading Economic Index 5.50 5.23 5.31 5.29 5.28 5.29 percent [+]
Ease of Doing Business 142.00 146 149 153 155 175 [+]
Corruption Index 34.00 35 34 34 35 37 Points [+]
Corruption Rank 108.00 102 110 116 114 99 [+]
Capacity Utilization 61.40 65.71 63.34 69.92 64.72 66.3 percent [+]
Competitiveness Index 3.93 4.01 4.08 4.14 4.19 4.51 Points [+]
Competitiveness Rank 99.00 114 98 98 96 105 [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Retail Sales Yoy 3.30 12.44 11.52 5.74 3.77 7.61 percent [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Corporate Tax Rate 25.00 25 25 25 25 25 percent [+]
Personal Income Tax Rate 60.00 60 60 60 60 60 percent [+]
Sales Tax Rate 18.00 18 18 18 18 18 percent [+]
Social Security Rate 24.75 24.74 24.9 25.06 25.02 24.96 percent [+]
Social Security Rate For Companies 18.45 18.45 18.38 18.31 18.32 18.45 percent [+]
Social Security Rate For Employees 6.30 6.29 6.29 6.29 6.29 6.28 percent [+]