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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 532.47
574 591 608 625 700
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate 7.90
percent
7.5 7.7 7.7 7.7 2.1
GDP 36.16
USD Billion
34.42 35.55 36.67 37.8 37.8
GDP Constant Prices 18345800000.00
XOF THO
16472935643 18168217352 19863499061 21558780770 28455594874
Gross Fixed Capital Formation 4629190000.00
CFA Thousand
4075138830 4323889259 4572639687 4821390115 5275858712
GDP per capita 1563.40
USD
1566 1587 1609 1630 1752
GDP per capita PPP 3448.10
USD
3396 3438 3479 3520 3316
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 9.32
percent
9.3 9.3 9.3 9.3 7.85
Employed Persons 7644539.00
7625822 7620948 7616074 7611199 7310634
Unemployed Persons 426225.00
429731 437103 444474 451846 504519
Population 22.67
Million
21.82 22.87 23.92 24.96 34.79
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 1.10
percent
0.8 0.8 0.8 1 1.5
Food Inflation 1.20
percent
3.6 3.2 3 2.8 2.2
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 4.50
percent
4.5 4.5 4.5 4.5 4
Money Supply M0 2847212.20
XOF Million
2757161 2738920 2720959 2703275 2571268
Money Supply M2 8053900.00
XOF Million
8000468 7973216 7946184 7919322 7710570
Deposit Interest Rate 7.11
percent
7.17 7.33 7.5 7.66 8.51
Interbank Rate 6.04
percent
5.28 5.27 5.25 5.24 5.21
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade 1319.74
CFA Franc Million
892 892 893 893 789
Exports 6302.03
XOF Billion
6867 6632 6397 6162 5863
Exports 6041.00
CFA Franc Million
5498 5576 5653 5730 5278
Imports 5506.50
CFA Franc Million
4188 4195 4202 4209 4333
Imports 4983.00
XOF Billion
5835 5835 5836 5836 4670
Current Account -125.40
CFA Franc Billion
132 134 136 139 137
Current Account to GDP -2.00
percent
-3.2 -3.2 -2.09 -3.2 -2
Terrorism Index 3.70
2.85 2.93 3.01 3.1 2.82
Crude Oil Production 30.00
BBL/D/1K
29.73 29.6 29.48 29.35 28.49
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 28.20
percent
30 30 27 30 25
Government Budget -3.80
percent of GDP
-2.5 -2.5 -2.5 -2.5 1
Government Spending 2264800000.00
CFA Thousand
2244241856 2149571584 2054901312 1960231040 1852771409
Military Expenditure 417.80
USD Million
504 492 480 468 457
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Industrial Production 3.10
percent
3.87 3.36 3.18 3.11 4.9
Internet Speed 2589.90
KBps
2285 2250 2244 2199 1947
IP Addresses 492392.00
IP
564813 489951 472247 536335 344605
Leading Economic Index 5.70
percent
4.97 4.74 4.53 4.41 4.15
Ease of Doing Business 139.00
142 142 141 140 142
Corruption Index 34.00
Points
33 33 33 33 31
Corruption Rank 108.00
99 101 103 104 99
Capacity Utilization 65.70
percent
66.06 69.32 69.03 67.51 66.99
Competitiveness Index 3.93
Points
3.95 4.01 4.08 4.14 4.51
Competitiveness Rank 99.00
98 97 97 96 106
CONSUMER Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Retail Sales Yoy 8.50
percent
3.8 3.4 3.6 2.5 2
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Corporate Tax Rate 25.00
percent
26 26 26 26 29
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 24 24 24 21
Social Security Rate For Companies 18.45
percent
17.9 17.88 17.86 17.83 18.45
Social Security Rate For Employees 6.30
percent
5.97 5.92 5.87 5.82 4.3
CLIMATE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Precipitation 11.00
mm
114 111 108 111 111
Temperature 25.00
celsius
26.06 26.06 26.06 26.06 26.06