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.


Overview Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 2.60 2.6 2.6 2.6 2.6 2.5 percent
Inflation Rate 0.50 1 1.6 2.8 3 3.5 percent
Interest Rate 4.50 4.5 4.5 4.5 4.5 4.5 percent
Balance of Trade -15.23 122 120 120 120 120 CFA Franc Million
Government Debt to GDP 24.50 30 28 28 28 25 percent
MARKETS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Currency 577.22
569 575 581 587 612
GDP Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Annual Growth Rate 7.60
percent
7.7 6.7 7.1 6.5 5.5
GDP 40.39
USD Billion
43.1 44.8 44.8 44.8 47
GDP Constant Prices 18345800000.00
XOF THO
21696884688 22321525860 22946167032 22946167032 29278709582
Gross Fixed Capital Formation 4629190000.00
CFA Thousand
4939345730 4957862490 4994896010 5309704076 5601737800
GDP per capita 1632.68
USD
1676 1566 1566 1691 1689
GDP per capita PPP 3601.01
USD
3695 3453 3453 3729 3724
LABOUR Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 2.60
percent
2.6 2.6 2.6 2.6 2.5
Employed Persons 7644539.00
7611199 7600525 7589851 7579177 7266797
Unemployed Persons 426225.00
451846 457174 462501 467829 496580
Population 23.80
Million
23.98 23.99 23.99 24 23.9
PRICES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 0.50
percent
1 1.6 2.8 3 3.5
Food Inflation -0.60
percent
2.8 2.5 2.61 2.26 2.2
Inflation Rate Mom -0.70
percent
0.23 0.07 0.1 0.1 0.1
Cpi Housing Utilities 113.80
Index Points
114 114 114 114 114
Cpi Transportation 102.90
Index Points
103 103 103 103 103
Consumer Price Index Cpi 115.10
Index Points
115 115 115 115 115
MONEY Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Interest Rate 4.50
percent
4.5 4.5 4.5 4.5 4.5
Money Supply M0 3246722.00
XOF Million
3163289 3163578 3163960 3164018 3164007
Money Supply M2 9010000.00
XOF Million
8992165 8990622 8988901 8989661 8989314
Deposit Interest Rate 6.93
percent
6.93 6.93 6.93 6.93 6.93
Interbank Rate 4.44
percent
4.44 4.44 4.44 4.44 4.44
TRADE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -15.23
CFA Franc Million
122 120 120 120 120
Exports 485.65
XOF Billion
492 489 490 490 490
Imports 500.88
XOF Billion
497 495 495 494 494
Current Account -995.30
CFA Franc Billion
-254 -328 -401 -475 -463
Current Account to GDP -4.10
percent
-3.2 -4 -4 -4 -2
Terrorism Index 3.70
3.7 3.7 3.7 3.7 3.7
Crude Oil Production 52.00
BBL/D/1K
51.99 51.99 51.99 51.99 51.99
GOVERNMENT Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 24.50
percent
30 28 28 28 25
Government Budget -4.50
percent of GDP
-2.5 1 1 1 1
Government Spending 2264800000.00
CFA Thousand
2416541600 2425600800 2443719200 2597736924 2740612455
Military Expenditure 485.99
USD Million
436 441 445 450 450
BUSINESS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Industrial Production 1.70
percent
3.93 3.98 4.02 4.08 4.9
Internet Speed 2589.90
KBps
2595 2506 2544 2570 2549
IP Addresses 492392.00
IP
493457 493457 493457 493457 493457
Ease of Doing Business 122.00
130 120 115 110 120
Corruption Index 36.00
Points
36 36 36 36 36
Corruption Rank 103.00
103 103 103 103 103
Capacity Utilization 73.90
percent
74.91 74.32 77.1 74.14 74.7
Competitiveness Index 47.57
Points
48.07 48.07 48.07 48.07 50.57
Competitiveness Rank 114.00
114 114 114 114 114
CONSUMER Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Retail Sales Yoy 5.30
percent
2.5 -0.64 6.49 3.85 2
Consumer Spending 11759100000.00
CFA Thousand
12395584062 12546579822 12697575583 12848571344 14198209112
TAXES Actual Q4/18 Q1/19 Q2/19 Q3/19 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 24.75 24.75
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 Q4/18 Q1/19 Q2/19 Q3/19 2020
Precipitation 11.80
mm
80.82 44.01 112 112 121
Temperature 25.30
celsius
25.64 27.08 26.65 26.65 26.59



Ivory Coast - Economic Forecasts - 2018-2020 Outlook