Cote d'Ivoire


Cote d'Ivoire Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Cote d'Ivoire; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION
Central bank Central Bank of West African States (BCEAO)
International Reserves US$ 4.316 billion (Source: IMF; Data updated: 2012)
Gross Domestic Product - GDP US$ 25.215 billion (2011 estimate)
GDP (Purchasing Power Parity) 39.501 billion of International dollars (2011 estimate)
Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
0% -1.6% -1.7% 1.6% 1.9% 0.7% 1.6% 2.3%
2009 2010 2011 2012*
3.8% 2.4% -4.7% 8.1%

*Estimate

GDP per capita - current prices US$ 1,079 (2009 estimate)
GDP per capita - PPP $1,690 International Dollars (2009 estimate)
GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
0.08% 0.07% 0.06% 0.05% 0.05%

**Forecast

GDP - composition by sector
  • agriculture: 29.2% 
  • industry: 20.9% 
  • services: 49.8% (2011 estimate)
  • (Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP) N/A

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
1%(2008) 1.4% 4.9% 2%

*Estimate

Unemployment rate
2009 2010 2011 2012*
N/A N/A N/A(2009) N/A

*Estimate

Household saving rates N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
75.3% 66.5% 66.4% 90.5% 62.6%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
-0.6% -1.6% -2.3% -5.7% -4.4%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
US$6.141 billion US$7.099 billion US$6.288 billion
Largest companies in Cote d'Ivoire N/A
DATA ON TRADE AND COMPETITIVENESS
Current account balance US$ -715 million (2009 estimate)(After 2008)
Current account balance by percentage of GDP -2.8% of GDP (2009 estimate)(2009)
Exports as percent of GDP

(Exports of goods and services)

40.9% (2010)

(Data released on April 2012)

Shares in world total merchandising export 0.06%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export 0.02% (2010)(2007)

(Data were released in 2012)

Total exports US$10.99 billion (2012 estimate) 
Export commodities cocoa, coffee, timber, petroleum, cotton, bananas, pineapples, palm oil, fish
Total imports US$8.406 billion (2012 estimate) 
Import commodities fuel, capital equipment, foodstuffs
Exports - major partners Netherlands 11.6%, US 11.5%, Germany 7.3%, Nigeria 6%, Canada 6%, France 5.9%, South Africa 5.4% (2011)
Imports - major partners Nigeria 35.6%, France 9.9%, China 5.6%, Colombia 5.4% (2011)
FDI inflows
2009 2010 2011
US$377 million US$339 million(2009) US$344 million(2009)
FDI outflows
2009 2010 2011
US$-9 million US$25 million US$8 million
Value of cross-border M&A, by country of purchaser
2008 2009 2010 2011
N/A N/A(2009) N/A(2009) N/A
Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2011

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 177 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 176 out of 185 countries(2009)

Enforcing Contracts: 127 out of 185 countries

Registering Property: 159 out of 185 countries

Getting credit: 129 out of 185 countries

Protecting investors: 158 out of 185 countries

Trading across border: 163 out of 185 countries

Paying Taxes: 159 out of 185 countries

Dealing with Construction Permits: 169 out of 185 countries

Getting Electricity: 153 out of 185 countries

Resolving Insolvency: 76 out of 185 countries

(2013)

Global competitiveness ranking
(ranking by country on a basis of 144, the first is the best)
131

(2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 126 Score: 54.3 (Mostly Unfree) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW
Time zone UTC 0
Total area 322,463 km2 (2006)
Capital Yamoussoukro (2009)
Currency Communaute Financiere Africaine francs (XOF) (2009)
Government type republic; multiparty presidential regime established 1960 (2009)
Languages French (official), 60 native dialects with Dioula the most widely spoken
Religions Muslim 38.6%, Christian 32.8%, indigenous 11.9%, none 16.7% (2008 est)
Total population
1980 1990 2000 2012* 2017**
8.33 million 11.72 million 16.74 million 23.37 million 27.09 million

*Estimate    **Forecast

Urban population as % of total population
1960 1980 2000 2011
17.7% 36.9% 43.5% 51.3%
Population median age 19 years (2010)
Population growth rate 2.1% (2011)
Life expectancy 55 years (2010)
Adult literacy 55% (2005/2010)
% of population living on less than $2 a day 46.34% (2011)
Inequality of wealth distribution (Gini index)

41.5 (2008)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:6
Civil Liberties:6 (2011)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

87.75% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population 2.2% (Data were released in 2012 and refer to 2011)
Cost of living - Mercer index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

CO2 emissions
(Metric tons of CO2 per capita)

0.3409 (Data were released in 2012 and refer to 2009)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST INTERNET BANKS

2012:
  • COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (Jean-Claude Trichet, 2012)
2011:
  • COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (National, 2011)
2010:
  • COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (National, 2010)
2009:
  • COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (National, 2009)

WORLD'S BEST EMERGING MARKET BANKS

2012:
  • COUNTRY WINNERS Ecobank Côte d’Ivoire (National, 2012)
2010:
  • COUNTRY WINNERS Ecobank Cote d’Ivoire (Global, 2010)
2009:
  • COUNTRY WINNERS Ecobank (National, 2009)
ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE