GFmag Online Readers Survey 2012
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 bankCentral Bank of West African States (BCEAO)
International ReservesUS$ 3.624 billion (Source: World Bank; Data updated: November 2010)
Gross Domestic Product - GDPUS$ 22.955 billion (2008 estimate)
GDP (Purchasing Power Parity)34.622 billion of International dollars (2008 estimate)
Real GDP growth
20002001200220032004200520062007
-4.6%0%-1.6%-1.7%1.6%1.9%0.7%1.6%
2008200920102011*
2.3%3.8%2.6%-7.5%

*Estimate

GDP per capita - current pricesN/A
GDP per capita - PPPN/A
GDP (PPP) - share of world total
19801990200020102015**
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 November 2010)

Inflation
2008200920102011*
6.3%(2008)1%1.4%5%

*Estimate

Unemployment rate
2008200920102011*
N/AN/AN/A(2009)N/A

*Estimate

Household saving ratesN/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)
20072008200920102011*
75.6%72.5%67%67.2%N/A

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2007200820092010*2011**
-0.8%-0.6%-1.6%-0.2%-2.6%

*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 Nov 2010)

Market value of publicly traded shares
200720082009
US$8.353 billionUS$7.071 billionUS$6.141 billion
Largest companies in Cote d'IvoireN/A
DATA ON TRADE AND COMPETITIVENESS
Current account balanceN/A(After 2008)
Current account balance by percentage of GDPN/A(2009)
Exports as percent of GDP

(Exports of goods and services)

42.2% (2009)

(Data released on December 2010)

Shares in world total merchandising export0.07%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export0.02%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exportsUS$10.25 billion f.o.b. (2010 estimate)
Export commoditiescocoa, coffee, timber, petroleum, cotton, bananas, pineapples
Total importsUS$7.948 billion f.o.b. (2008 estimate)
Import commoditiesfuel, capital equipment, foodstuffs
Exports - major partnersGermany 9.7%, Nigeria 9.2%, Netherlands 8.4%, France 7.3%, US 7%, Burkina Faso 4.4% (2007)
Imports - major partnersNigeria 31.1%, France 16.7%, China 7.3% (2007)
FDI inflows
200820092010
US$446 millionUS$381 million(2009)US$418 million(2009)
FDI outflows
200820092010
US$8 millionUS$-7 millionUS$0 million
Value of cross-border M&A, by country of purchaser
2008200920102011
N/AN/A(2009)N/A(2009)N/A
Cross-border M&A deals worth over $3 billion completed in 2008

(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 2010

(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 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 169 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 172 out of 183 countries(2009)

Registering property: 151 out of 183 countries

Paying Taxes: 153 out of 183 countries

Getting credit: 152 out of 183 countries

Protecting investors: 154 out of 183 countries

Trading across border: 160 out of 183 countries

Enforcing Contracts: 126 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)		129

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 122 Score: 55.4 (Mostly Unfree) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW
Time zoneUTC 0
Total area 322,463 km2 (2006)
CapitalYamoussoukro (2009)
CurrencyCommunaute Financiere Africaine francs (XOF) (2009)
Government typerepublic; multiparty presidential regime established 1960 (2009)
LanguagesFrench (official), 60 native dialects with Dioula the most widely spoken
ReligionsMuslim 38.6%, Christian 32.8%, indigenous 11.9%, none 16.7% (2008 est)
Total population
1980199020002010*2015**
8.33 million11.72 million16.74 million22.03 million25.53 million

*Estimate    **Forecast

Urban population as % of total population
1960198020002009
17.7%36.9%43.5%49.4%
Population median age19.0 years (2006)
Population growth rate2.3% (2009)
Life expectancy48 years (2007)
Adult literacy49% (2000/2007)
% of population living on less than $2 a day46.34% (2011)
Inequality of wealth distribution (Gini index)

41.5 (2008)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:7
Civil Liberties:6 (2010)

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

Total telephone subscribers as % of population

76.67% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population2.6% (Data were released in 2011 and refer to 2010)
Cost of living 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)

0.3407 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST INTERNET BANKS

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 (2009)

WORLD'S BEST EMERGING MARKET BANKS

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