Ivory Coast - Economic Forecasts - 2018-2020 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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 577.80
545 563 581 600 681
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate 7.80
percent
7.7 7.7 7.7 6.7 5.5
GDP 36.16
USD Billion
36.35 37.62 38.9 43.1 44.9
GDP Constant Prices 18345800000.00
XOF THO
18223728558 19960306623 21696884688 22321525860 29278709582
Gross Fixed Capital Formation 4629190000.00
CFA Thousand
4985637630 4985637630 5389474278 4939345730 6055478562
GDP per capita 1563.40
USD
1559 1598 1601 1566 1532
GDP per capita PPP 3448.10
USD
3439 3485 3531 3453 3378
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 9.32
percent
9.3 9.3 9.3 9.3 7.85
Employed Persons 7644539.00
7620948 7616074 7611199 7600525 7266797
Unemployed Persons 426225.00
437103 444474 451846 457174 496580
Population 23.70
Million
24.48 24.79 25.1 25.23 27.6
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 0.10
percent
0.3 2.3 2.3 1.7 3.5
Food Inflation -1.20
percent
3.2 3 2.8 2.5 2.2
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 4.50
percent
4.5 4.5 4.5 4.5 4.5
Money Supply M0 2847212.20
XOF Million
2910250 2910250 2910250 2910250 2910250
Money Supply M2 8654100.00
XOF Million
8460339 8435581 8410533 8385674 8120947
Deposit Interest Rate 7.11
percent
7.33 7.5 7.66 7.71 8.51
Interbank Rate 6.00
percent
5.5 5.5 5.5 5.5 5.5
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 138.13
CFA Franc Million
-44.49 69.25 -42.07 32.41 -10.9
Exports 679.85
XOF Billion
523 556 452 582 514
Imports 541.71
XOF Billion
567 487 510 549 525
Current Account -125.40
CFA Franc Billion
210 199 189 158 122
Current Account to GDP -2.00
percent
-3.2 -3.2 -3.2 -4 -2
Terrorism Index 3.70
2.93 3.01 3.1 3.27 3.03
Crude Oil Production 52.00
BBL/D/1K
52.84 52.27 51.71 51.18 46.1
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 28.20
percent
30 30 30 28 25
Government Budget -4.50
percent of GDP
-2.5 -2.5 -2.5 -0.68 1
Government Spending 2264800000.00
CFA Thousand
2439189600 2439189600 2636763958 2416541600 2962602064
Military Expenditure 485.99
USD Million
487 472 457 471 456
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Industrial Production 5.30
percent
5.48 4.97 4.75 4.62 4.9
Internet Speed 2589.90
KBps
2475 2591 2595 2506 2549
IP Addresses 492392.00
IP
489951 472247 536335 529421 223679
Leading Economic Index 5.70
percent
4.84 4.61 4.47 4.37 4.17
Ease of Doing Business 139.00
139 139 139 139 139
Corruption Index 36.00
Points
36 36 36 36 36
Corruption Rank 103.00
103 103 103 103 99
Capacity Utilization 65.80
percent
64.29 63.98 64.09 64.05 64.06
Competitiveness Index 3.93
Points
4.01 4.08 4.14 4.19 4.47
Competitiveness Rank 99.00
99 99 99 99 99
CONSUMER Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Retail Sales Yoy 2.00
percent
3.4 3.6 2.5 6.56 2
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Corporate Tax Rate 25.00
percent
25 25 25 25 25
Personal Income Tax Rate 60.00
percent
60 60 60 60 60
Sales Tax Rate 18.00
percent
18 18 18 18 18
Social Security Rate 24.75
percent
24.75 24.75 24.75 25 25
Social Security Rate For Companies 18.45
percent
18.45 18.45 18.45 18.45 18.45
Social Security Rate For Employees 6.30
percent
6.3 6.3 6.3 6.3 6.3
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Precipitation 11.80
mm
170 177 80.82 44.01 121
Temperature 25.30
celsius
26.65 24.75 25.64 27.08 26.59