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Economy of Ireland vs Ivory Coast compared: GDP & Debt

Updated on by Georank team

Ireland has a GDP of $609B compared to $87.1B for Ivory Coast, ranking 25/197 and 77/197 by economy size, respectively.

Ireland has $236B in government debt (38.8% of GDP), compared to $51.6B (59.3% of GDP) in Ivory Coast.

Ireland vs Ivory Coast GDP by year

Ireland
Ivory Coast
1x
Year GDP, current $
Ireland Ivory Coast
2024 $609,157,459,747 $87,113,179,149
2023 $567,372,737,459 $80,780,312,569
2022 $548,341,794,599 $70,922,824,814
2021 $530,394,123,830 $72,794,636,654
2020 $436,009,027,819 $63,027,852,805
2019 $407,211,793,801 $60,382,894,697
2018 $395,780,319,817 $58,522,477,787
2017 $348,355,212,569 $52,512,343,997
2016 $305,431,252,709 $48,407,761,037
2015 $302,101,388,556 $45,815,005,169
2014 $266,490,442,124 $48,843,005,614
2013 $242,924,245,719 $42,760,235,485
2012 $226,921,827,888 $36,302,302,877
2011 $240,975,871,047 $36,693,710,801
2010 $221,732,824,603 $34,936,307,980
2009 $236,443,115,854 $33,886,813,250
2008 $275,447,471,451 $34,078,240,293
2007 $270,079,279,420 $28,760,090,953
2006 $232,180,617,162 $25,281,413,263
2005 $211,876,989,656 $24,036,918,703
2004 $194,372,115,041 $23,510,575,681
2003 $164,670,771,260 $21,251,754,340
2002 $128,596,035,288 $18,054,383,321
2001 $109,346,669,230 $16,810,537,044
2000 $100,207,610,430 $16,577,533,892
1999 $98,893,958,263 $18,870,992,456
1998 $90,199,410,116 $19,619,654,756
1997 $82,856,648,758 $18,047,558,038
1996 $75,790,786,290 $18,071,152,831
1995 $69,139,823,232 $11,000,146,267
1994 $57,097,656,066 $8,313,557,510
1993 $52,417,477,614 $11,045,760,288
1992 $55,918,538,121 $11,152,971,274
1991 $49,787,501,584 $10,492,628,581
1990 $49,305,632,408 $10,795,850,583
1989 $39,238,392,678 $9,757,410,645
1988 $37,772,896,221 $10,255,169,806
1987 $33,920,518,493 $10,087,654,465
1986 $28,714,571,852 $9,158,302,100
1985 $21,270,013,326 $6,977,650,644
1984 $20,106,648,455 $6,841,639,247
1983 $20,766,047,764 $6,838,184,773
1982 $21,474,752,962 $7,567,110,849
1981 $20,670,190,138 $8,432,589,942
1980 $21,747,855,640 $10,175,617,609
1979 $18,319,334,300 $9,142,933,967
1978 $14,647,996,074 $7,900,526,298
1977 $11,248,340,431 $6,265,068,189
1976 $9,453,756,015 $4,662,053,825
1975 $9,483,808,362 $3,893,839,190
1974 $7,896,860,615 $3,070,152,309
1973 $7,481,173,066 $2,508,421,426
1972 $6,318,060,582 $1,849,400,402
1971 $5,098,250,287 $1,584,128,509
1970 $4,395,995,086 $1,455,482,795
1969 $3,902,721,632 $1,361,360,293
1968 $3,378,701,147 $1,281,281,277
1967 $3,445,739,915 $1,082,922,725
1966 $3,198,820,904 $1,024,102,880
1965 $3,035,655,794 $919,771,229
1964 $2,851,091,646 $921,063,327
1963 $2,505,073,358 $761,047,198
1962 $2,329,372,972 $645,284,474
1961 $2,151,772,980 $618,245,634
1960 $1,998,550,222 $546,203,559

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

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

GDP per capita in Ireland vs Ivory Coast by year

Ireland
GDP per capita

GDP per capita, PPP
Ivory Coast
GDP per capita

GDP per capita, PPP
1x
Year Current $
Ireland Ivory Coast
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $112,895 $133,437 $2,728 $7,669
2023 $106,819 $129,683 $2,592 $7,237
2022 $105,191 $138,523 $2,333 $6,719
2021 $103,783 $116,904 $2,456 $6,045
2020 $86,514 $97,800 $2,180 $5,544
2019 $81,828 $92,023 $2,142 $5,516
2018 $80,804 $86,299 $2,131 $4,946
2017 $72,161 $80,450 $1,964 $4,690
2016 $64,130 $73,013 $1,863 $4,531
2015 $64,250 $71,588 $1,815 $4,404
2014 $57,215 $52,641 $1,991 $4,074
2013 $52,538 $48,839 $1,786 $3,619
2012 $49,336 $46,726 $1,547 $3,291
2011 $52,614 $45,526 $1,597 $3,176
2010 $48,624 $43,212 $1,554 $3,361
2009 $52,133 $41,491 $1,540 $3,177
2008 $61,353 $44,169 $1,584 $3,116
2007 $61,396 $46,782 $1,368 $2,985
2006 $54,329 $44,223 $1,230 $2,942
2005 $50,933 $40,466 $1,198 $2,842
2004 $47,754 $38,729 $1,200 $2,794
2003 $41,204 $36,280 $1,111 $2,702
2002 $32,705 $35,222 $968 $2,851
2001 $28,282 $32,573 $925 $2,962
2000 $26,335 $30,216 $937 $3,041
1999 $26,338 $27,041 $1,096 $3,065
1998 $24,295 $25,094 $1,177 $3,086
1997 $22,551 $22,637 $1,125 $3,040
1996 $20,836 $20,482 $1,170 $2,832
1995 $19,158 $18,944 $740 $2,683
1994 $15,903 $17,011 $582 $2,551
1993 $14,657 $15,811 $804 $2,577
1992 $15,714 $15,116 $845 $2,625
1991 $14,087 $14,399 $827 $2,677
1990 $14,031 $13,743 $886 $2,693
1989 $11,176 - $833 -
1988 $10,716 - $910 -
1987 $9,582 - $930 -
1986 $8,112 - $877 -
1985 $6,012 - $695 -
1984 $5,692 - $709 -
1983 $5,915 - $737 -
1982 $6,161 - $849 -
1981 $5,986 - $986 -
1980 $6,372 - $1,238 -
1979 $5,430 - $1,157 -
1978 $4,400 - $1,039 -
1977 $3,427 - $856 -
1976 $2,920 - $661 -
1975 $2,973 - $575 -
1974 $2,517 - $474 -
1973 $2,424 - $406 -
1972 $2,080 - $313 -
1971 $1,704 - $280.3 -
1970 $1,487 - $269 -
1969 $1,331 - $262.2 -
1968 $1,159 - $256.8 -
1967 $1,187 - $225.6 -
1966 $1,107 - $221.8 -
1965 $1,055 - $207 -
1964 $995 - $215.5 -
1963 $878 - $185.1 -
1962 $821 - $163.1 -
1961 $762 - $162.3 -
1960 $707 - $148.7 -

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

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

Ireland's GDP per capita is $112,895, ranking 4/197, compared to $2,728 in Ivory Coast, ranking 142/197. Adjusted for purchasing power (GDP per capita PPP), Ireland ranks 4th at $133,437, while Ivory Coast ranks 145th at $7,669.

Economic indicators

Ireland Ivory Coast
Gross domestic product
$609B
2024
$87.1B
2024
GDP rank
25/197
2024
77/197
2024
GDP growth
2.6%
2023-2024
6.02%
2023-2024
GDP per capita
$112,895
2024
$2,728
2024
GDP per capita rank
4/197
2024
142/197
2024
GDP per capita, PPP
$133,437
2024
$7,669
2024
GDP per capita PPP rank
4/197
2024
145/197
2024
Government debt
$236B
2024
$51.6B
2024
Debt-to-GDP ratio
38.8%
2024
59.3%
2024
Government debt per person
$43,766
2024
$1,616
2024
Government debt per person rank
11/185
2024
125/185
2024
Average annual personal income after taxes
$47,851
2026
$2,733
2026
Market capitalization of domestic companies
$110B
2018
$7.33B
2020
Number of billionaires
11
2025
n/a
Income share by richest 10%
24.1%
2023
27.8%
2021
Income share by poorest 10%
3.7%
2023
3.1%
2021
Government expenditure, % of GDP
22.3%
2024
20.4%
2024
Consumer prices inflation
2.11%
2023-2024
3.45%
2023-2024
Unemployment rate
4.27%
2024
2.31%
2022
Population
5518360
33722528

Spending and national debt comparison by year

Ireland
Spending

Debt
Ivory Coast
Spending

Debt
1x
Year % of GDP
Ireland Ivory Coast
Government spending Government debt Government spending Government debt
2024 22.3% 38.8% 20.4% 59.3%
2023 22.1% 42.1% 21.3% 57.5%
2022 20.6% 43.2% 21.9% 56%
2021 23.6% 52.7% 20.5% 50.2%
2020 26.7% 57.1% 20.4% 46.3%
2019 23.9% 55.9% 17.2% 37.2%
2018 24.7% 61.4% 17.6% 35.3%
2017 25.3% 65.3% 18.1% 32.6%
2016 27.5% 72.7% 17.6% 31.1%
2015 28.1% 74% 16.5% 29.2%
2014 36.6% 101.4% 15.2% 26.7%
2013 39.8% 117.7% 15.9% 24.6%
2012 42.3% 118.9% 16.1% 24.7%
2011 46.9% 109.6% 13.2% 50%
2010 64.9% 86.2% 14.5% 45.6%
2009 46.9% 61.8% 14.4% 46.5%
2008 41.6% 42.5% 14.6% 51.2%
2007 35.6% 23.9% 14.8% 53.5%
2006 33.6% 23.7% 14.5% 57.5%
2005 33% 26.1% 13.6% 58.2%
2004 32.8% 28.1% 13.5% 56.7%
2003 32.7% 29.8% 12.7% 56.4%
2002 32.9% 30.9% 13.1% 63%
2001 32.2% 33.6% 11.4% 71.2%
2000 30.6% 36.4% 12.9% 74%
1999 32.5% 46.6% 13.7% 78%
1998 34.2% 51.4% 14.6% 75.2%
1997 36.1% 61.6% 15.2% 84.2%
1996 38.5% 69.8% - -
1995 40.3% 78.5% - -
1994 44.2% 88% - -
1993 44.6% 93.4% - -
1992 46.8% 90.6% - -
1991 46.1% 93.8% - -
1990 44.6% 92.7% - -
1989 42.5% 97.9% - -
1988 48.2% 106.5% - -
1987 51.4% 108.3% - -
1986 52.9% 107.2% - -
1985 53.2% 93% - -
1984 52.7% 90.2% - -
1983 55.6% 86.1% - -
1982 56.7% 73.5% - -
1981 54.1% 68.8% - -
1980 53.7% 64.6% - -
1979 48.7% 63.5% - -
1978 46.2% 50.6% - -
1977 44.6% 49.2% - -
1976 47.8% 51.7% - -
1975 48.2% 48.3% - -
1974 44.3% 43.5% - -
1973 40.3% 35.1% - -
1972 41.5% 37.3% - -
1971 45.3% 39.8% - -
1970 44.1% 41.7% - -
1969 42.5% 42.6% - -
1968 40% 44.7% - -
1967 39.3% 47.1% - -
1966 36.9% 47.7% - -
1965 35.8% 44.6% - -
1964 34.8% 43.1% - -
1963 33.6% 45.2% - -
1962 31.7% 44.5% - -
1961 31.4% 44.3% - -
1960 29.1% 44.9% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

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

In 2024, Ireland's government spending was $136B, accounting for 22.3% of its GDP, while Ivory Coast spent $17.7B, or 20.4% of GDP.

Debt-to-GDP ratio is 38.8% in Ireland and 59.3% in Ivory Coast, ranking 138/185 and 82/185, respectively.

Government deficit by year

Deficit/surplus
Ireland

Ivory Coast
1x
Year Deficit/surplus, % of GDP
Ireland Ivory Coast
2024 4.09% -3.97%
2023 1.52% -5.19%
2022 1.67% -6.74%
2021 -1.37% -4.86%
2020 -4.87% -5.42%
2019 0.41% -2.22%
2018 0.09% -2.9%
2017 -0.3% -3.27%
2016 -0.76% -2.98%
2015 -1.97% -2.04%
2014 -3.52% -1.57%
2013 -6.28% -1.62%
2012 -8.42% -2.28%
2011 -13.5% -2.89%
2010 -32.1% -1.34%
2009 -13.9% -1%
2008 -7.03% -0.21%
2007 0.27% -0.39%
2006 2.78% -1.03%
2005 1.57% -1.03%
2004 1.3% -1.04%
2003 0.35% -1.26%
2002 -0.52% -0.64%
2001 0.96% 0.7%
2000 4.86% -0.83%
1999 3.54% -1.27%
1998 2.07% -0.7%
1997 1.37% -0.75%
1996 -0.2% -
1995 -2.07% -
1994 -1.82% -
1993 -2.62% -
1992 -2.84% -
1991 -2.8% -
1990 -2.69% -
1989 -2.64% -
1988 -4.62% -
1987 -8.47% -
1986 -10.5% -
1985 -10.7% -
1984 -9.43% -
1983 -11.5% -
1982 -13.1% -
1981 -12.1% -
1980 -11.1% -
1979 -10% -
1978 -8.27% -
1977 -6.44% -
1976 -7.34% -
1975 -11.1% -
1974 -6.96% -
1973 -3.84% -
1972 -3.23% -
1971 -3.5% -
1970 -3.64% -
1969 -3.4% -
1968 -2.72% -
1967 -2.69% -
1966 -2.26% -
1965 -3.5% -
1964 -3.35% -
1963 -2.92% -
1962 -2.91% -
1961 -2.6% -
1960 -1.97% -
1959 -2.16% -
1958 -4.3% -
1957 -5.19% -
1956 -3.23% -
1955 -5.06% -
1954 -5.28% -
1953 -5.77% -
1952 -7.84% -
1951 -4.62% -
1950 -5.21% -
1949 -2.17% -
1948 -1.29% -
1947 -1.8% -
1946 -0.43% -
1945 -0.43% -
1944 0.39% -
1943 -1.18% -
1942 -2.48% -
1941 -1.42% -
1940 -0.15% -
1939 -7.31% -
1938 -0.92% -
1937 -0.77% -
1936 -0.19% -
1935 - -
1934 - -
1933 2.97% -
1932 - -
1931 -1.63% -
1930 - -
1929 -3.41% -
1928 - -
1927 - -
1926 -1.95% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1926–1989, retrieved 2026-02-20).

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

In 2024, Ireland's government surplus, the difference between spending and revenue, was $24.9B, equivalent to 4.09% of GDP. This compares to Ivory Coast's deficit of $3.45B, or 3.97% of GDP.

Over the past 28 years, Ireland recorded a fiscal deficit in 13 of those years, while Ivory Coast ran a deficit in 27 years. On average, Ireland posted an annual deficit equal to 2.42% of GDP, compared to deficit of 2.1% of GDP for Ivory Coast.

Inflation comparison by year

Inflation
Ireland

Ivory Coast
1x
Year Consumer prices inflation
Ireland Ivory Coast
2024 2.11% 3.45%
2023 6.3% 4.37%
2022 7.83% 5.23%
2021 2.34% 4.16%
2020 -0.33% 2.41%
2019 0.94% 0.79%
2018 0.47% 0.4%
2017 0.36% 0.69%
2016 0.02% 0.72%
2015 -0.33% 1.25%
2014 0.19% 0.45%
2013 0.52% 2.58%
2012 1.69% 1.3%
2011 2.55% 4.91%
2010 -0.92% 1.23%
2009 -4.45% 1.02%
2008 4.04% 6.31%
2007 4.89% 1.89%
2006 3.94% 2.47%
2005 2.46% 3.89%
2004 2.18% 1.46%
2003 3.49% 3.3%
2002 4.63% 3.08%
2001 4.85% 4.36%
2000 5.58% 2.53%
1999 1.63% 0.7%
1998 2.41% 4.61%
1997 1.54% 4.02%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Ireland has recorded an average annual inflation rate of 2.18%, compared with 2.63% in Ivory Coast. In 2024, inflation was 2.11% in Ireland and 3.45% in Ivory Coast.

Top exports between countries

Ireland
Export category Export value
Processed food, beverages & tobacco $29M
Chemicals & pharma $8.46M
Animal & marine products $7.75M
Machinery & equipment $1.58M
Textiles & consumer goods $157K
Miscellaneous $22K
Raw materials & minerals $12K
Precious metals & jewellery $7K
Metals $4K
Wood & paper products $3K
Ivory Coast
Export category Export value
Machinery & equipment $8.03M
Processed food, beverages & tobacco $1.92M
Raw materials & minerals $469K
Metals $338K
Chemicals & pharma $124K
Wood & paper products $121K
Textiles & consumer goods $9K
Precious metals & jewellery $3K

Balance of trade

Ireland Ivory Coast
Current account balance
$106B
2024
-$9.21B
2023
Current account balance ranking
6/190
2024
175/190
2023
Current account balance, % of GDP
+17.4%
2024
-11.4%
2023
Goods imports
$165B
2024
$15.4B
2023
Goods exports
$356B
2024
$17.1B
2023
Service imports
$467B
2024
$8.78B
2023
Service exports
$526B
2024
$1.5B
2023
Imports of goods and services, % of GDP
102.2%
2024
25.2%
2024
Exports of goods and services, % of GDP
144%
2024
26%
2024

Economic freedom indices

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

Ireland Ivory Coast
Economic freedom 83.3 58.1
Economic freedom ranking 3/197 111/197
Property rights 94.4 43.9
Government integrity 84 39.3
Judicial effectiveness 95.4 30.2
Tax burden 77.7 81.6
Government spending 85.9 86.6
Fiscal health 97 48
Business freedom 85.5 68.3
Labor freedom 61.3 57.1
Monetary freedom 79.3 67.6
Trade freedom 79.4 74.4
Investment freedom 90 50
Financial freedom 70 50

Economic freedom comparison by year

Ireland
Ivory Coast
1x
Year Economic freedom index
Ireland Ivory Coast
2026 83.3 58.1
2025 83.1 57.8
2024 82.6 58.4
2023 82 60.4
2022 82 61.6
2021 81.4 61.7
2020 80.9 59.7
2019 80.5 62.4
2018 80.4 62
2017 76.7 63
2016 77.3 60
2015 76.6 58.5
2014 76.2 57.7
2013 75.7 54.1
2012 76.9 54.3
2011 78.7 55.4
2010 81.3 54.1
2009 82.2 55
2008 82.5 53.9
2007 82.6 54.9
2006 82.2 56.2
2005 80.8 56.6
2004 80.3 57.8
2003 80.9 56.7
2002 80.5 57.3
2001 81.2 54.8
2000 76.1 50.2
1999 74.6 51.7
1998 73.7 51.3
1997 72.6 50.5
1996 68.5 49.9
1995 68.5 53.4

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

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

The Economic Freedom Index for Ireland is 83.3, ranking 3/197, 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

Ireland Ivory Coast
Services, % of GDP
60.6%
2024
51.9%
2024
Industry, % of GDP
33.6%
2024
24%
2024
Agriculture, forestry, and fishing, % of GDP
1.02%
2024
15.9%
2024
GNI, Atlas method
$435B
2024
$80.9B
2024
GNI per capita, PPP
$101,180
2024
$7,360
2024
Total reserves including gold
$12.7B
2024
n/a
Total reserves ranking
73/177
2024
n/a
Net foreign direct investment
$62.3B
2024
-$2B
2023
Net inflows of foreign direct investment
$4.82B
2024
$3.12B
2024
Net outflows of foreign direct investment
$67.1B
2024
$228M
2024
Servicing debt to the IMF, % of GNI n/a
6.44%
2024
Poverty at national poverty lines
14%
2021
37.5%
2021
Gross capital formation, % of GDP
18.2%
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/ireland/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. International Monetary Fund (IMF) | Public Finances in Modern History (1926–1989, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2023–2024, 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.