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.


Overview Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 2.60 2.6 2.6 2.6 2.6 2.5 percent
Inflation Rate 0.40 0.9 1.3 2.3 2.8 3.5 percent
Interest Rate 4.50 4.5 4.5 4.5 4.5 4.5 percent
Balance of Trade 138.13 126 128 128 129 129 CFA Franc Million
Government Debt to GDP 28.20 30 30 28 28 25 percent
MARKETS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 560.01
587 609 631 653 753
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 7.60
percent
7.7 7.7 6.7 7.1 5.5
GDP 40.39
USD Billion
43.1 43.1 44.8 44.8 47
GDP Constant Prices 18345800000.00
XOF THO
19960306623 21696884688 22321525860 22946167032 29278709582
Gross Fixed Capital Formation 4629190000.00
CFA Thousand
4985637630 4985637630 4939345730 4957862490 5601737800
GDP per capita 1632.68
USD
1598 1676 1566 1566 1689
GDP per capita PPP 3601.01
USD
3653 3695 3453 3453 3724
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 2.60
percent
2.6 2.6 2.6 2.6 2.5
Employed Persons 7644539.00
7616074 7611199 7600525 7589851 7266797
Unemployed Persons 426225.00
444474 451846 457174 462501 496580
Population 23.80
Million
24.02 23.98 23.99 23.99 23.9
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 0.40
percent
0.9 1.3 2.3 2.8 3.5
Food Inflation -1.20
percent
3 2.8 2.5 2.61 2.2
Inflation Rate Mom 0.80
percent
0.14 0.1 0.12 0.11 0.11
Cpi Housing Utilities 114.60
Index Points
114 114 114 114 114
Cpi Transportation 102.50
Index Points
102 102 102 102 102
Consumer Price Index Cpi 115.80
Index Points
116 116 116 116 116
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 4.50
percent
4.5 4.5 4.5 4.5 4.5
Money Supply M0 3246722.00
XOF Million
3170657 3163289 3163578 3163960 3164007
Money Supply M2 8989344.00
XOF Million
8905235 8932109 8925430 8925386 8926024
Deposit Interest Rate 7.11
percent
7.11 7.11 7.11 7.11 7.11
Interbank Rate 5.08
percent
5.08 5.08 5.08 5.08 5.08
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 138.13
CFA Franc Million
126 128 128 129 129
Exports 679.85
XOF Billion
650 650 650 650 650
Imports 541.71
XOF Billion
524 522 522 521 521
Current Account -125.40
CFA Franc Billion
199 189 158 127 122
Current Account to GDP -4.10
percent
-3.2 -3.2 -4 -4 -2
Terrorism Index 3.70
2.99 3.1 3.24 3.39 3.01
Crude Oil Production 52.00
BBL/D/1K
51.98 51.98 51.98 51.98 51.98
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 28.20
percent
30 30 28 28 25
Government Budget -4.50
percent of GDP
-2.5 -2.5 -1.57 -1.59 1
Government Spending 2264800000.00
CFA Thousand
2439189600 2439189600 2416541600 2425600800 2740612455
Military Expenditure 485.99
USD Million
478 436 441 445 450
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Industrial Production 0.10
percent
3.27 3.72 3.85 3.93 4.9
Internet Speed 2589.90
KBps
2591 2595 2506 2544 2549
IP Addresses 492392.00
IP
493457 493457 493457 493457 493457
Leading Economic Index 5.70
percent
5.64 5.67 5.65 5.65 5.66
Ease of Doing Business 139.00
139 137 136 136 134
Corruption Index 36.00
Points
37 37 38 38 41
Corruption Rank 103.00
105 104 104 103 99
Capacity Utilization 75.20
percent
77.53 74.38 73.32 76.59 73.96
Competitiveness Index 3.93
Points
4.08 4.14 4.19 4.24 4.47
Competitiveness Rank 99.00
96 96 97 98 116
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Retail Sales Yoy 12.90
percent
3.6 2.5 10.36 11.59 2
Consumer Spending 11759100000.00
CFA Thousand
12116288475 12395584062 12546579822 12697575583 14198209112
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 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 25 25 25
Social Security Rate For Companies 18.45
percent
18.02 18.02 18.02 18.02 18.45
Social Security Rate For Employees 6.30
percent
6.3 6.3 6.3 6.29 6.29
CLIMATE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Precipitation 11.80
mm
177 80.82 44.01 112 121
Temperature 25.30
celsius
24.75 25.64 27.08 26.65 26.59