Government Spending in Ivory Coast increased to 5678289.21 CFA Thousand in 2019 from 4797736.98 CFA Thousand in 2018. source: SESRIC

Government Spending in Ivory Coast averaged 3000727.69 CFA Thousand from 1970 until 2019, reaching an all time high of 5678289.21 CFA Thousand in 2019 and a record low of 1562998.46 CFA Thousand in 1970. This page provides - Ivory Coast Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ivory Coast Government Spending - values, historical data and charts - was last updated on September of 2021.

Government Spending in Ivory Coast is expected to reach 6047378.00 CFA Thousand by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ivory Coast Government Spending is projected to trend around 6416268.00 CFA Thousand in 2022 and 6820493.00 CFA Thousand in 2023, according to our econometric models.

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Ivory Coast Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
5678289.21 4797736.98 5678289.21 1562998.46 1970 - 2019 CFA Thousand Yearly
Constant Prices 2015, NSA

Ivory Coast Government Last Previous Highest Lowest Unit
Government Debt to GDP 30.00 31.90 84.20 22.90 percent of GDP [+]
Government Budget -5.50 -2.30 2.40 -5.50 percent of GDP [+]
Government Spending 5678289.21 4797736.98 5678289.21 1562998.46 CFA Thousand [+]
Military Expenditure 589.00 536.00 610.00 60.90 USD Million [+]
Credit Rating 38.00 [+]

Ivory Coast Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.