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 Q3/17 Q4/17 Q1/18 Q2/18 2020
Currency 544.00 540 534 529 523 463 [+]
GDP Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
GDP Annual Growth Rate 7.90 8.8 9 8 7.7 2 percent [+]
GDP 36.16 37.35 38.59 38.94 39.29 42.75 USD Billion [+]
GDP Constant Prices 13812721915.96 14431120664 14730069465 14924029838 15117990211 17145638373 XOF THO [+]
Gross Fixed Capital Formation 2884780906.30 3199792828 3563772796 3562607904 3561443012 3776130839 CFA Thousand [+]
GDP per capita 1563.40 1600 1622 1632 1642 1717 USD [+]
GDP per capita PPP 3448.10 3485 3531 3536 3541 3453 USD [+]
LABOUR Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 5.30 4.18 3.73 3.48 3.23 7.85 percent [+]
Employed Persons 7644539.00 7590194 7590194 7590194 7590194 7313292 [+]
Unemployed Persons 426225.00 444474 451846 457174 462501 504519 [+]
Population 22.67 23.92 24.96 25.54 26.12 34.79 Million [+]
PRICES Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Inflation Rate 1.30 0.5 1.1 0.8 0.8 1.5 percent [+]
Food Inflation 4.20 0.38 -0.3 -0.05 -0.21 -0.17 percent [+]
MONEY Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Interest Rate 4.50 4.5 4.5 4.5 4.5 4.5 percent [+]
Money Supply M0 2847212.20 2910329 2910272 2910252 2910250 2910250 XOF Million [+]
Money Supply M2 7614945.50 8179562 8314734 8448612 8581197 9838708 XOF Million [+]
Deposit Interest Rate 7.11 7.5 7.66 7.71 7.76 8.51 percent [+]
Interbank Rate 5.41 5.37 5.34 5.3 5.27 5.22 percent [+]
TRADE Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade 1319.74 893 893 857 821 789 CFA Franc Million [+]
Exports 6302.74 6397 6163 6133 6104 5864 XOF Billion [+]
Exports 6041.00 5914 5988 5992 5996 6047 CFA Franc Million [+]
Imports 5506.50 4308 4323 4563 4803 5074 CFA Franc Million [+]
Imports 4983.00 5836 5836 5587 5338 4670 XOF Billion [+]
Current Account -125.40 199 189 158 127 187 CFA Franc Billion [+]
Current Account to GDP -2.00 -5 -5 -3.2 -3.2 -2 percent [+]
Terrorism Index 2.18 3.04 3.22 3.41 3.59 3.46 [+]
Crude Oil Production 30.00 30 30 30 30 30 BBL/D/1K [+]
GOVERNMENT Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Government Debt to GDP 28.20 32 32 30 30 25 percent [+]
Government Budget -3.80 -0.56 0.3 0.13 -0.03 -3.01 percent of GDP [+]
Government Spending 2073474306.67 2169270387 2250673231 2209904266 2169135302 2226667637 CFA Thousand [+]
Military Expenditure 417.80 418 365 373 381 390 USD Million [+]
BUSINESS Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Industrial Production -2.70 4.15 3.72 3.82 3.86 4.9 percent [+]
Leading Economic Index 5.80 5.31 4.82 4.56 4.37 4.05 percent [+]
Ease of Doing Business 142.00 149 153 155 157 175 [+]
Corruption Index 34.00 34 34 35 35 37 Points [+]
Corruption Rank 108.00 110 116 114 112 99 [+]
Capacity Utilization 64.40 60.54 64.93 62.94 62.9 63.37 percent [+]
Competitiveness Index 3.93 4.08 4.14 4.19 4.24 4.51 Points [+]
Competitiveness Rank 99.00 98 98 96 96 105 [+]
CONSUMER Actual Q3/17 Q4/17 Q1/18 Q2/18 2020
Retail Sales Yoy 8.10 4.5 4.2 3.8 3.4 2 percent [+]
TAXES Actual Q3/17 Q4/17 Q1/18 Q2/18 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 24.9 25.06 25.02 24.99 24.96 percent [+]
Social Security Rate For Companies 18.45 18.38 18.31 18.32 18.33 18.45 percent [+]
Social Security Rate For Employees 6.30 6.29 6.29 6.29 6.29 6.28 percent [+]