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Economy of China vs Ivory Coast compared: GDP & Debt

Updated on by Georank team

China has a GDP of $18.7T compared to $87.1B for Ivory Coast, ranking 2/197 and 77/197 by economy size, respectively.

China has $16.6T in government debt (88.3% of GDP), compared to $51.6B (59.3% of GDP) in Ivory Coast.

China vs Ivory Coast GDP by year

China
Ivory Coast
1x
Year GDP, current $
China Ivory Coast
2024 $18,743,803,170,827 $87,113,179,149
2023 $18,270,356,654,533 $80,780,312,569
2022 $18,316,765,021,690 $70,922,824,814
2021 $18,201,698,719,564 $72,794,636,654
2020 $14,996,414,166,715 $63,027,852,805
2019 $14,560,167,101,283 $60,382,894,697
2018 $14,147,765,772,964 $58,522,477,787
2017 $12,537,559,062,283 $52,512,343,997
2016 $11,456,024,084,962 $48,407,761,037
2015 $11,280,814,787,469 $45,815,005,169
2014 $10,674,533,168,257 $48,843,005,614
2013 $9,743,124,247,267 $42,760,235,485
2012 $8,673,664,713,189 $36,302,302,877
2011 $7,671,757,207,851 $36,693,710,801
2010 $6,192,564,874,453 $34,936,307,980
2009 $5,189,577,094,998 $33,886,813,250
2008 $4,667,346,414,522 $34,078,240,293
2007 $3,604,055,822,572 $28,760,090,953
2006 $2,791,498,472,804 $25,281,413,263
2005 $2,317,551,298,052 $24,036,918,703
2004 $1,984,196,551,300 $23,510,575,681
2003 $1,683,903,309,844 $21,251,754,340
2002 $1,489,821,682,051 $18,054,383,321
2001 $1,355,036,590,252 $16,810,537,044
2000 $1,223,754,919,971 $16,577,533,892
1999 $1,103,843,203,576 $18,870,992,456
1998 $1,037,134,141,760 $19,619,654,756
1997 $967,753,570,435 $18,047,558,038
1996 $868,523,936,530 $18,071,152,831
1995 $738,190,896,228 $11,000,146,267
1994 $566,929,539,493 $8,313,557,510
1993 $446,557,291,212 $11,045,760,288
1992 $428,502,354,788 $11,152,971,274
1991 $384,510,452,962 $10,492,628,581
1990 $361,560,229,446 $10,795,850,583
1989 $348,380,566,802 $9,757,410,645
1988 $312,888,888,889 $10,255,169,806
1987 $273,455,156,951 $10,087,654,465
1986 $301,310,144,928 $9,158,302,100
1985 $310,064,625,850 $6,977,650,644
1984 $260,442,857,143 $6,841,639,247
1983 $231,130,268,199 $6,838,184,773
1982 $205,480,916,031 $7,567,110,849
1981 $196,218,253,968 $8,432,589,942
1980 $191,487,500,000 $10,175,617,609
1979 $178,573,913,043 $9,142,933,967
1978 $149,788,617,886 $7,900,526,298
1977 $175,226,595,860 $6,265,068,189
1976 $154,196,810,059 $4,662,053,825
1975 $163,687,619,736 $3,893,839,190
1974 $144,418,433,058 $3,070,152,309
1973 $138,764,340,892 $2,508,421,426
1972 $113,871,930,714 $1,849,400,402
1971 $99,959,013,880 $1,584,128,509
1970 $92,752,930,873 $1,455,482,795
1969 $79,847,786,729 $1,361,360,293
1968 $70,980,323,819 $1,281,281,277
1967 $73,011,350,596 $1,082,922,725
1966 $76,854,053,259 $1,024,102,880
1965 $70,565,994,356 $919,771,229
1964 $59,821,862,703 $921,063,327
1963 $50,812,227,919 $761,047,198
1962 $47,310,737,754 $645,284,474
1961 $50,162,299,350 $618,245,634
1960 $59,846,235,025 $546,203,559

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/china/ivory-coast | CC BY

GDP per capita in China vs Ivory Coast by year

China
GDP per capita

GDP per capita, PPP
Ivory Coast
GDP per capita

GDP per capita, PPP
1x
Year Current $
China Ivory Coast
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $13,303 $27,105 $2,728 $7,669
2023 $12,951 $25,179 $2,592 $7,237
2022 $12,971 $23,032 $2,333 $6,719
2021 $12,887 $20,843 $2,456 $6,045
2020 $10,627 $18,267 $2,180 $5,544
2019 $10,343 $17,601 $2,142 $5,516
2018 $10,086 $16,298 $2,131 $4,946
2017 $8,980 $15,022 $1,964 $4,690
2016 $8,255 $14,157 $1,863 $4,531
2015 $8,175 $13,463 $1,815 $4,404
2014 $7,781 $12,942 $1,991 $4,074
2013 $7,147 $12,228 $1,786 $3,619
2012 $6,405 $11,420 $1,547 $3,291
2011 $5,704 $10,457 $1,597 $3,176
2010 $4,629 $9,411 $1,554 $3,361
2009 $3,898 $8,448 $1,540 $3,177
2008 $3,523 $7,713 $1,584 $3,116
2007 $2,735 $6,935 $1,368 $2,985
2006 $2,129 $5,946 $1,230 $2,942
2005 $1,778 $5,148 $1,198 $2,842
2004 $1,531 $4,505 $1,200 $2,794
2003 $1,307 $4,007 $1,111 $2,702
2002 $1,164 $3,591 $968 $2,851
2001 $1,065 $3,258 $925 $2,962
2000 $969 $2,964 $937 $3,041
1999 $881 $2,690 $1,096 $3,065
1998 $835 $2,483 $1,177 $3,086
1997 $787 $2,297 $1,125 $3,040
1996 $713 $2,088 $1,170 $2,832
1995 $613 $1,884 $740 $2,683
1994 $476 $1,680 $582 $2,551
1993 $379 $1,471 $804 $2,577
1992 $368 $1,276 $845 $2,625
1991 $334 $1,105 $827 $2,677
1990 $319 $991 $886 $2,693
1989 $311 - $833 -
1988 $284 - $910 -
1987 $252.3 - $930 -
1986 $282.4 - $877 -
1985 $295 - $695 -
1984 $251.2 - $709 -
1983 $225.9 - $737 -
1982 $203.7 - $849 -
1981 $197.4 - $986 -
1980 $195.1 - $1,238 -
1979 $184.3 - $1,157 -
1978 $156.7 - $1,039 -
1977 $185.7 - $856 -
1976 $165.7 - $661 -
1975 $178.6 - $575 -
1974 $160.4 - $474 -
1973 $157.3 - $406 -
1972 $132.1 - $313 -
1971 $118.8 - $280.3 -
1970 $113.3 - $269 -
1969 $100.3 - $262.2 -
1968 $91.6 - $256.8 -
1967 $96.8 - $225.6 -
1966 $104.5 - $221.8 -
1965 $98.7 - $207 -
1964 $85.7 - $215.5 -
1963 $74.5 - $185.1 -
1962 $71.1 - $163.1 -
1961 $76 - $162.3 -
1960 $89.7 - $148.7 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/china/ivory-coast | CC BY

China's GDP per capita is $13,303, ranking 76/197, compared to $2,728 in Ivory Coast, ranking 142/197. Adjusted for purchasing power (GDP per capita PPP), China ranks 77th at $27,105, while Ivory Coast ranks 145th at $7,669.

Economic indicators

China Ivory Coast
Gross domestic product
$18.7T
2024
$87.1B
2024
GDP rank
2/197
2024
77/197
2024
GDP growth
4.98%
2023-2024
6.02%
2023-2024
GDP per capita
$13,303
2024
$2,728
2024
GDP per capita rank
76/197
2024
142/197
2024
GDP per capita, PPP
$27,105
2024
$7,669
2024
GDP per capita PPP rank
77/197
2024
145/197
2024
Government debt
$16.6T
2024
$51.6B
2024
Debt-to-GDP ratio
88.3%
2024
59.3%
2024
Government debt per person
$11,749
2024
$1,616
2024
Government debt per person rank
47/185
2024
125/185
2024
Average annual personal income after taxes
$9,826
2026
$2,733
2026
Market capitalization of domestic companies
$11.8T
2024
$7.33B
2020
Number of millionaires
6,327,000
2025
n/a
Number of billionaires
450
2025
n/a
Income share by richest 10%
28.4%
2022
27.8%
2021
Income share by poorest 10%
3.1%
2022
3.1%
2021
Government expenditure, % of GDP
32.9%
2024
20.4%
2024
Consumer prices inflation
0.2%
2023-2024
3.45%
2023-2024
Central bank interest rate
3.1%
2024
n/a
Unemployment rate
5.11%
2021
2.31%
2022
Population
1402578808
33722528

Spending and national debt comparison by year

China
Spending

Debt
Ivory Coast
Spending

Debt
1x
Year % of GDP
China Ivory Coast
Government spending Government debt Government spending Government debt
2024 32.9% 88.3% 20.4% 59.3%
2023 32.7% 82% 21.3% 57.5%
2022 32.6% 75.5% 21.9% 56%
2021 31.9% 70.1% 20.5% 50.2%
2020 34.8% 69% 20.4% 46.3%
2019 33.6% 59.4% 17.2% 37.2%
2018 32.6% 55.6% 17.6% 35.3%
2017 32% 53.9% 18.1% 32.6%
2016 31.7% 49.7% 17.6% 31.1%
2015 31% 40.8% 16.5% 29.2%
2014 28.4% 39.3% 15.2% 26.7%
2013 28.1% 36.4% 15.9% 24.6%
2012 27.7% 33.8% 16.1% 24.7%
2011 26.6% 33.2% 13.2% 50%
2010 24.7% 33.3% 14.5% 45.6%
2009 25.2% 34% 14.4% 46.5%
2008 22.2% 26.7% 14.6% 51.2%
2007 17.9% 28.7% 14.8% 53.5%
2006 18.1% 25.2% 14.5% 57.5%
2005 18% 25.9% 13.6% 58.2%
2004 17.6% 26% 13.5% 56.7%
2003 18% 26.4% 12.7% 56.4%
2002 18.2% 25.6% 13.1% 63%
2001 17.2% 24.3% 11.4% 71.2%
2000 16.1% 22.7% 12.9% 74%
1999 14.9% 21.6% 13.7% 78%
1998 12.6% 20.4% 14.6% 75.2%
1997 11.5% 20.4% 15.2% 84.2%
1996 11% 21.2% - -
1995 11.1% 21.4% - -
1994 12.4% - - -
1993 13.4% - - -
1992 14.6% - - -
1991 16.5% - - -
1990 18.2% - - -
1989 18.6% - - -
1988 20.9% 4.46% - -
1987 23.4% 3.6% - -
1986 25.6% 3.24% - -
1985 25.8% 3.31% - -
1984 26.9% 0.97% - -
1983 28.3% - - -
1982 27.9% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20).

GeoRank.org/economy/china/ivory-coast | CC BY

In 2024, China's government spending was $6.18T, accounting for 32.9% of its GDP, while Ivory Coast spent $17.7B, or 20.4% of GDP.

Debt-to-GDP ratio is 88.3% in China and 59.3% in Ivory Coast, ranking 34/185 and 82/185, respectively.

Government deficit by year

Deficit/surplus
China

Ivory Coast
1x
Year Deficit/surplus, % of GDP
China Ivory Coast
2024 -7.34% -3.97%
2023 -6.71% -5.19%
2022 -7.32% -6.74%
2021 -5.9% -4.86%
2020 -9.56% -5.42%
2019 -6% -2.22%
2018 -4.2% -2.9%
2017 -3.34% -3.27%
2016 -3.33% -2.98%
2015 -2.5% -2.04%
2014 -0.67% -1.57%
2013 -0.82% -1.62%
2012 -0.3% -2.28%
2011 -0.1% -2.89%
2010 -0.36% -1.34%
2009 -1.72% -1%
2008 -0.02% -0.21%
2007 0.06% -0.39%
2006 -1.13% -1.03%
2005 -1.38% -1.03%
2004 -1.49% -1.04%
2003 -2.36% -1.26%
2002 -2.84% -0.64%
2001 -2.56% 0.7%
2000 -2.81% -0.83%
1999 -2.3% -1.27%
1998 -1.08% -0.7%
1997 -0.73% -0.75%
1996 -0.73% -
1995 -0.94% -
1994 -1.68% -
1993 -0.89% -
1992 -1.22% -
1991 -1.04% -
1990 -0.72% -
1989 -0.91% -
1988 -2.22% -
1987 -2.08% -
1986 -1.82% -
1985 -0.45% -
1984 -1.44% -
1983 -1.61% -
1982 -1.33% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20).

GeoRank.org/economy/china/ivory-coast | CC BY

In 2024, China's government deficit, the difference between spending and revenue, was $1.38T, equivalent to 7.34% of GDP. This compares to Ivory Coast's deficit of $3.45B, or 3.97% of GDP.

Over the past 28 years, China recorded a fiscal deficit in 27 of those years, while Ivory Coast ran a deficit in 27 years. On average, China posted an annual deficit equal to 2.81% of GDP, compared to deficit of 2.1% of GDP for Ivory Coast.

Inflation comparison by year

Inflation
China

Ivory Coast
1x
Year Consumer prices inflation
China Ivory Coast
2024 0.2% 3.45%
2023 0.2% 4.37%
2022 2% 5.23%
2021 0.9% 4.16%
2020 2.5% 2.41%
2019 2.9% 0.79%
2018 2.1% 0.4%
2017 1.6% 0.69%
2016 2% 0.72%
2015 1.5% 1.25%
2014 2% 0.45%
2013 2.7% 2.58%
2012 2.6% 1.3%
2011 5.4% 4.91%
2010 3.3% 1.23%
2009 -0.7% 1.02%
2008 5.9% 6.31%
2007 4.7% 1.89%
2006 1.5% 2.47%
2005 1.8% 3.89%
2004 3.9% 1.46%
2003 1.1% 3.3%
2002 -0.8% 3.08%
2001 0.7% 4.36%
2000 0.4% 2.53%
1999 -1.4% 0.7%
1998 -0.8% 4.61%
1997 2.8% 4.02%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/china/ivory-coast | CC BY

Over the past 28 years, China has recorded an average annual inflation rate of 1.82%, compared with 2.63% in Ivory Coast. In 2024, inflation was 0.2% in China and 3.45% in Ivory Coast.

Top exports between countries

China
Export category Export value
Machinery & equipment $1.58B
Textiles & consumer goods $927M
Metals $624M
Chemicals & pharma $542M
Animal & marine products $142M
Raw materials & minerals $108M
Processed food, beverages & tobacco $84.3M
Raw agricultural goods $52.8M
Miscellaneous $51.7M
Wood & paper products $43.2M
Ivory Coast
Export category Export value
Raw materials & minerals $778M
Raw agricultural goods $24.7M
Processed food, beverages & tobacco $5.84M
Textiles & consumer goods $3.63M
Animal & marine products $895K
Chemicals & pharma $568K
Metals $518K
Wood & paper products $284K
Machinery & equipment $37K
Miscellaneous $6K

Balance of trade

China Ivory Coast
Current account balance
$424B
2024
-$9.21B
2023
Current account balance ranking
1/190
2024
175/190
2023
Current account balance, % of GDP
+2.26%
2024
-11.4%
2023
Goods imports
$2.64T
2024
$15.4B
2023
Goods exports
$3.41T
2024
$17.1B
2023
Service imports
$613B
2024
$8.78B
2023
Service exports
$384B
2024
$1.5B
2023
Imports of goods and services, % of GDP
17.2%
2024
25.2%
2024
Exports of goods and services, % of GDP
20%
2024
26%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

China Ivory Coast
Economic freedom 48.3 58.1
Economic freedom ranking 170/197 111/197
Property rights 40.9 43.9
Government integrity 42.3 39.3
Judicial effectiveness 38.6 30.2
Tax burden 69.3 81.6
Government spending 67.8 86.6
Fiscal health 4.4 48
Business freedom 68.7 68.3
Labor freedom 57.9 57.1
Monetary freedom 76.1 67.6
Trade freedom 73.4 74.4
Investment freedom 20 50
Financial freedom 20 50

Economic freedom comparison by year

China
Ivory Coast
1x
Year Economic freedom index
China Ivory Coast
2026 48.3 58.1
2025 49 57.8
2024 48.5 58.4
2023 48.3 60.4
2022 48 61.6
2021 58.4 61.7
2020 59.5 59.7
2019 58.4 62.4
2018 57.8 62
2017 57.4 63
2016 52 60
2015 52.7 58.5
2014 52.5 57.7
2013 51.9 54.1
2012 51.2 54.3
2011 52 55.4
2010 51 54.1
2009 53.2 55
2008 53.1 53.9
2007 52 54.9
2006 53.6 56.2
2005 53.7 56.6
2004 52.5 57.8
2003 52.6 56.7
2002 52.8 57.3
2001 52.6 54.8
2000 56.4 50.2
1999 54.8 51.7
1998 53.1 51.3
1997 51.7 50.5
1996 51.3 49.9
1995 52 53.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/china/ivory-coast | CC BY

The Economic Freedom Index for China is 48.3, ranking 170/197, compared to 58.1 for Ivory Coast, ranking 111/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

China Ivory Coast
Services, % of GDP
56.7%
2024
51.9%
2024
Industry, % of GDP
36.5%
2024
24%
2024
Agriculture, forestry, and fishing, % of GDP
6.78%
2024
15.9%
2024
GNI, Atlas method
$19.3T
2024
$80.9B
2024
GNI per capita, PPP
$26,920
2024
$7,360
2024
Total reserves including gold
$3.46T
2024
n/a
Total reserves ranking
1/177
2024
n/a
Net foreign direct investment
$154B
2024
-$2B
2023
Net inflows of foreign direct investment
$18.6B
2024
$3.12B
2024
Net outflows of foreign direct investment
$172B
2024
$228M
2024
Servicing debt to the IMF, % of GNI
1.89%
2024
6.44%
2024
Poverty at national poverty lines
0%
2020
37.5%
2021
Gross capital formation, % of GDP
40.6%
2024
20.9%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/china/ivory-coast | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20)
  6. TradeMap (2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.