Ivory Coast GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Ivory Coast expanded 9.80 percent in 2012 from the previous year. GDP Annual Growth Rate in Ivory Coast is reported by the Central Bank of West African States. From 1961 until 2012, Ivory Coast GDP Annual Growth Rate averaged 3.7 Percent reaching an all time high of 17.6 Percent in December of 1964 and a record low of -11.0 Percent in December of 1980. Côte d’Ivoire is the largest economy in the West African Economic and Monetary Union. After years of political instability and economic decline the country has been steady growing. Agriculture has been the backbone of the economy. Cote d’Ivoire is the largest cocoa producer in the world (30 percent of the world’s production), big exporter of coffee and palm oil. The country also has significant offshore oil and natural gas reserves, which exploration has already boosted government revenues. Moreover, government increasing investment in education and infrastructure resulted in the development of manufacturing industry. This page provides - Ivory Coast GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
9.80 -4.70 17.61 -10.96 1.97 | 2014/06 1961 - 2012 Percent Yearly

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Ivory Coast GDP Annual Growth Rate
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 24.68 2012-12-31 24.07 24.68 0.55 25.89 2014-06-30 USD Billion [+]
GDP Annual Growth Rate 9.80 2012-12-31 -4.70 17.61 -10.96 1.97 2014-06-30 Percent [+]
GDP per capita 548.69 2011-12-31 587.86 1091.19 548.69 441.56 2014-06-30 USD [+]
GDP per capita PPP 1757.49 2012-12-31 1642.30 2694.58 1642.30 1798.23 2014-06-30 USD [+]
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GDP Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


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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