Ivory Coast GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Ivory Coast expanded 5.50 percent in the first quarter of 2014 over the same quarter of the previous year. GDP Annual Growth Rate in Ivory Coast averaged 4.06 Percent from 1961 until 2014, reaching an all time high of 17.61 Percent in the fourth quarter of 1964 and a record low of -10.96 Percent in the fourth quarter of 1980. GDP Annual Growth Rate in Ivory Coast is reported by the Central Bank of West African States (BCEAO).
||1961 - 2014
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.