21, Nov 2009, CST. Welcome to the Ivory Coast economic statistics pages provided by the beta version of EconomyWatch.com’s Econ Stats database.

Economic Indicators For: Cote d'Ivoire › Change country
National or Regional Currency: Central African Franc, XAF
Year of data: 2008 › Change year
Number of Indicators Listed: 19
Full Dataset: From Year 1980 to 2013
Date of Last Update: 1 Sept 2009
Population: 20617068 note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the di
Area: total: 322,460 sq km land: 318,000 sq km water: 4,460 sq km
Natural Resources: petroleum, natural gas, diamonds, manganese, iron ore, cobalt, bauxite, copper, gold, nickel, tantalum, silica sand, clay, cocoa beans, coffee, palm oil, hydropower
Government Type: Cote d'Ivoire government type
Government Ministers: Cote d'Ivoire ministers
Capital: Yamoussoukro
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook

Cote d'Ivoire is the world's largest producer and exporting country of cocoa beans and a marked producer and exporting country of coffee and palm oil and gas. Consequently, its economy is highly sensitive to fluctuations in international prices or pricing for these products, and, to a lesser extent, in climatic conditions. Despite government attempts to diversify its economy, it is still heavily dependent on Agriculture, fisheries and farming and related activities, engaging approximately 68 per cent of the general populace. Since 2006, hydrocarbons production have become more important engines of economic activity than cocoa. According to International Monetary Fund (IMF) statistics and indicators, revenues from oil and gas and refined products were US$1.3 bn in 2006, while cocoa-related earnings were US$1 bn during the same period. Cote d'Ivoire's offshore hydrocarbons production has resulted in substantial crude oil and gas exports and provides sufficient natural gas to fuel electric power exports to Ghana, Togo, Benin, Mali and Burkina Faso. Oil and gas exploration by a number of consortiums of private companies perpetuates offshore, and President GBAGBO has expressed hope that daily crude output could reach 200,000 barrels per day (b/d) by the end of the ten years. Since the end of the civil war in 2003, political turmoil and gas has perpetuated to damage its economy, resulting in the loss of Foreign Direct Investment (FDI) and delayed growth of the economy. Gross Domestic Product (GDP) grew by nearly 2 per cent in 2007 and 3 per cent in 2008. Per capita income has declined by 15 per cent since 1999.
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GDP (Constant Prices, National Currency) for Ivory Coast in year 2008 is XAF 7,781.00 Billion. Real GDP is expressed in billions of national currency units; the base year is country-specific.

GDP Growth (Constant Prices, National Currency) for Ivory Coast in year 2008 is 2.33 %. Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.

GDP (Current Prices, National Currency) for Ivory Coast in year 2008 is XAF 10,485.00 Billion. GDP is expressed in billions of national currency units.

GDP (Current Prices, US Dollars) for Ivory Coast in year 2008 is US$ 23.508 Billion. Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions for each WEO exercise.

GDP Deflator for Ivory Coast in year 2008 is 134.751 (Index, Base Year as per country's accounts = 100). The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts.

GDP Per Capita (Constant Prices, National Currency) for Ivory Coast in year 2008 is XAF 374,774.36 . GDP is expressed in constant national currency per person. Data are derived by dividing constant price GDP by total population.

GDP Per Capita (Current Prices, National Currency) for Ivory Coast in year 2008 is XAF 505,013.70 . GDP is expressed in current national currency per person. Data are derived by dividing current price GDP by total population.

GDP Per Capita (Current Prices, US Dollars) for Ivory Coast in year 2008 is US$ 1,132.25 . GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.

Output Gap, Percent of Potential GDP for Ivory Coast in year 2008 is not available

GDP (PPP), US Dollars for Ivory Coast in year 2008 is US$ 34.048 Billion. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem

GDP Per Capita (PPP), US Dollars for Ivory Coast in year 2008 is US$ 1,639.94 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem

GDP Share of World Total (PPP) for Ivory Coast in year 2008 is 0.05 %. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem

Implied PPP Conversion Rate for Ivory Coast in year 2008 is 307.946 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. For primary source information, please refer to one of the following sources: the Organization for Economic Cooperation and Development, the World Bank, or the Penn World Tables. For further information see Box A2 in the April 2004 World Economic Outlook, Box 1.2 in the September 2003 World Economic Outlook for a discussion on the measurem

Investment (% of GDP) for Ivory Coast in year 2008 is not available

Gross National Savings (% of GDP) for Ivory Coast in year 2008 is not available

Inflation, Average Consumer Prices (Indexed to Year 2000) for Ivory Coast in year 2008 is 130 (Index, Base Year 2000 = 100). Data for inflation are averages for the year, not end-of-period data. The index is based on 2000=100.

Inflation (Average Consumer Price Change %) for Ivory Coast in year 2008 is 6.315 %. Data for inflation are averages for the year, not end-of-period data.

Inflation, End of Year (Indexed to Year 2000) for Ivory Coast in year 2008 is 131.979 (Index, Base Year 2000 = 100). Data for inflation are end of the period, not annual average data. The index is based on 2000=100.

Inflation (End of Year Change %) for Ivory Coast in year 2008 is 8.954 %. Data for inflation are end of the period, not annual average data.

Six-month London Interbank Offered Rate (LIBOR) Change % for Ivory Coast in year 2008 is not available

Unemployment Rate (% of Labour Force) for Ivory Coast in year 2008 is not available

Employment for Ivory Coast in year 2008 is not available

Population for Ivory Coast in year 2008 is 20.762 Million .

General Government Balance (National Currency) for Ivory Coast in year 2008 is not available

General Government Balance (% of GDP) for Ivory Coast in year 2008 is not available

General Government Structural Balance (National Currency) for Ivory Coast in year 2008 is not available

General Government Structural Balance (% Potential GDP) for Ivory Coast in year 2008 is not available

General Government Net Debt (National Currency) for Ivory Coast in year 2008 is not available

General Government Net Debt (% GDP) for Ivory Coast in year 2008 is not available

General Government Gross Debt (National Currency) for Ivory Coast in year 2008 is not available

General Government Gross Debt (% GDP) for Ivory Coast in year 2008 is not available

Current Account Balance (US Dollars) for Ivory Coast in year 2008 is US$ 0.569 Billion. Balance of payments data are based upon the methodology of the 5th edition of the International Monetary Fund's Balance of Payments Manual (1993). Data for the world total reflects errors, omissions, and asymmetries in balance of payments statistics on current account, as well as the exclusion of data for international organizations and a limited number of countries. Calculated as the sum of the balance of individual countries.

Current Account Balance (% GDP) for Ivory Coast in year 2008 is 2.418 %. Balance of payments data are based upon the methodology of the 5th edition of the International Monetary Fund's Balance of Payments Manual (1993). Data for the world total reflects errors, omissions, and asymmetries in balance of payments statistics on current account, as well as the exclusion of data for international organizations and a limited number of countries. Calculated as the sum of the balance of individual countries.