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Ivory Coast economy ranking: GDP & GDP per capita, debt

Updated on by Georank team

Ivory Coast ranked 77/197 by economy size with a GDP of $87.1B and 142/197 by GDP per capita at $2,728. Ivory Coast has $51.6B in government debt, with a debt-to-GDP ratio of 59.3%.

In 2024, Ivory Coast made up 0.08% of the world's economy, compared to 0.04% in 1960.

Ivory Coast GDP & GDP growth by year

GDP, current $
Real growth
1x
Year GDP GDP growth
2024 $87,113,179,149 6.02%
2023 $80,780,312,569 6.6%
2022 $70,922,824,814 6.4%
2021 $72,794,636,654 7.06%
2020 $63,027,852,805 0.7%
2019 $60,382,894,697 6.72%
2018 $58,522,477,787 4.84%
2017 $52,512,343,997 7.41%
2016 $48,407,761,037 7.17%
2015 $45,815,005,169 7.19%
2014 $48,843,005,614 9.37%
2013 $42,760,235,485 10.8%
2012 $36,302,302,877 7.62%
2011 $36,693,710,801 -5.37%
2010 $34,936,307,980 6.85%
2009 $33,886,813,250 3.6%
2008 $34,078,240,293 4.78%
2007 $28,760,090,953 1.1%
2006 $25,281,413,263 2.82%
2005 $24,036,918,703 1%
2004 $23,510,575,681 3.19%
2003 $21,251,754,340 -4.73%
2002 $18,054,383,321 -2.73%
2001 $16,810,537,044 -2.15%
2000 $16,577,533,892 -0.27%
1999 $18,870,992,456 1.17%
1998 $19,619,654,756 4.26%
1997 $18,047,558,038 9.65%
1996 $18,071,152,831 7.73%
1995 $11,000,146,267 7.13%
1994 $8,313,557,510 0.81%
1993 $11,045,760,288 -0.19%
1992 $11,152,971,274 -0.24%
1991 $10,492,628,581 0.04%
1990 $10,795,850,583 -1.1%
1989 $9,757,410,645 2.95%
1988 $10,255,169,806 1.14%
1987 $10,087,654,465 -0.35%
1986 $9,158,302,100 3.26%
1985 $6,977,650,644 4.5%
1984 $6,841,639,247 -2.7%
1983 $6,838,184,773 -3.9%
1982 $7,567,110,849 0.2%
1981 $8,432,589,942 3.5%
1980 $10,175,617,609 -11%
1979 $9,142,933,967 2.39%
1978 $7,900,526,298 10.9%
1977 $6,265,068,189 7.31%
1976 $4,662,053,825 12.9%
1975 $3,893,839,190 8.25%
1974 $3,070,152,309 4.33%
1973 $2,508,421,426 5.94%
1972 $1,849,400,402 4.24%
1971 $1,584,128,509 9.46%
1970 $1,455,482,795 10.4%
1969 $1,361,360,293 9.54%
1968 $1,281,281,277 12.5%
1967 $1,082,922,725 4.6%
1966 $1,024,102,880 11.6%
1965 $919,771,229 -3.11%
1964 $921,063,327 17.6%
1963 $761,047,198 14.5%
1962 $645,284,474 1.23%
1961 $618,245,634 9.93%
1960 $546,203,559 -

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

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

Ivory Coast GDP per capita by year

GDP per capita
GDP per capita, PPP
1x
Year Current $
GDP per capita GDP per capita, PPP
2024 $2,728 $7,669
2023 $2,592 $7,237
2022 $2,333 $6,719
2021 $2,456 $6,045
2020 $2,180 $5,544
2019 $2,142 $5,516
2018 $2,131 $4,946
2017 $1,964 $4,690
2016 $1,863 $4,531
2015 $1,815 $4,404
2014 $1,991 $4,074
2013 $1,786 $3,619
2012 $1,547 $3,291
2011 $1,597 $3,176
2010 $1,554 $3,361
2009 $1,540 $3,177
2008 $1,584 $3,116
2007 $1,368 $2,985
2006 $1,230 $2,942
2005 $1,198 $2,842
2004 $1,200 $2,794
2003 $1,111 $2,702
2002 $968 $2,851
2001 $925 $2,962
2000 $937 $3,041
1999 $1,096 $3,065
1998 $1,177 $3,086
1997 $1,125 $3,040
1996 $1,170 $2,832
1995 $740 $2,683
1994 $582 $2,551
1993 $804 $2,577
1992 $845 $2,625
1991 $827 $2,677
1990 $886 $2,693
1989 $833 -
1988 $910 -
1987 $930 -
1986 $877 -
1985 $695 -
1984 $709 -
1983 $737 -
1982 $849 -
1981 $986 -
1980 $1,238 -
1979 $1,157 -
1978 $1,039 -
1977 $856 -
1976 $661 -
1975 $575 -
1974 $474 -
1973 $406 -
1972 $313 -
1971 $280.3 -
1970 $269 -
1969 $262.2 -
1968 $256.8 -
1967 $225.6 -
1966 $221.8 -
1965 $207 -
1964 $215.5 -
1963 $185.1 -
1962 $163.1 -
1961 $162.3 -
1960 $148.7 -

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

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

Ivory Coast has a GDP per capita of $2,728, ranking 142/197, a GDP per capita based on purchasing power parity (PPP) of $7,669, ranking 145/197, and a median annual after tax income of $2,733, ranking 147/197.

Ivory Coast GDP rankings by year

GDP
GDP per capita
GDP per capita, PPP
1x
Year Rank
GDP GDP per capita GDP per capita, PPP
2024 76 132 133
2023 77 142 138
2022 80 147 138
2021 73 143 140
2020 75 142 141
2019 83 147 142
2018 82 145 144
2017 84 147 145
2016 83 147 143
2015 86 146 143
2014 88 144 145
2013 90 149 150
2012 91 149 150
2011 88 148 150
2010 87 146 145
2009 84 142 146
2008 83 144 148
2007 83 143 148
2006 81 143 146
2005 80 134 144
2004 76 127 142
2003 75 123 143
2002 75 126 138
2001 75 127 132
2000 77 128 131
1999 70 118 123
1998 71 116 120
1997 71 118 120
1996 70 115 118
1995 82 134 119
1994 82 136 119
1993 76 121 117
1992 73 117 118
1991 76 124 116
1990 77 119 115
1989 68 106 -
1988 66 99 -
1987 64 98 -
1986 63 93 -
1985 70 104 -
1984 70 103 -
1983 71 103 -
1982 71 97 -
1981 66 92 -
1980 61 80 -
1979 59 72 -
1978 60 74 -
1977 61 78 -
1976 62 80 -
1975 64 85 -
1974 68 91 -
1973 70 90 -
1972 72 94 -
1971 70 93 -
1970 70 91 -
1969 66 74 -
1968 67 74 -
1967 68 74 -
1966 67 76 -
1965 68 78 -
1964 65 70 -
1963 68 73 -
1962 71 75 -
1961 69 74 -
1960 68 75 -

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

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

Compared with 2000, in 2024 Ivory Coast is ranked 76th out of 182 by GDP (up from 77th), 132nd by GDP per capita (down from 128th), and 133rd by GDP per capita PPP (down from 131st).

Economic indicators

Ivory Coast Rank
Gross domestic product
$87.1B
2024
77/197
GDP growth
6.02%
2023-2024
23/194
GDP per capita
$2,728
2024
142/197
GDP per capita, PPP
$7,669
2024
145/197
Government debt
$51.6B
2024
73/185
Debt-to-GDP ratio
59.3%
2024
82/185
Government debt per person
$1,616
2024
125/185
Average annual personal income after taxes
$2,733
2026
147/197
Listed domestic companies
46
2020
71/103
Market capitalization of domestic companies
$7.33B
2020
73/100
Income share by richest 10%
27.8%
2021
81/169
Income share by poorest 10%
3.1%
2021
52/169
Government expenditure, % of GDP
20.4%
2024
151/195
Consumer prices inflation
3.45%
2023-2024
86/195
Unemployment rate
2.31%
2022
171/196
Population
33722528
50/197

Government spending, deficit, and debt by year

Spending
Debt
Deficit/surplus
1x
Year % of GDP
Government spending Government debt Government deficit/surplus
2024 20.4% 59.3% -3.97%
2023 21.3% 57.5% -5.19%
2022 21.9% 56% -6.74%
2021 20.5% 50.2% -4.86%
2020 20.4% 46.3% -5.42%
2019 17.2% 37.2% -2.22%
2018 17.6% 35.3% -2.9%
2017 18.1% 32.6% -3.27%
2016 17.6% 31.1% -2.98%
2015 16.5% 29.2% -2.04%
2014 15.2% 26.7% -1.57%
2013 15.9% 24.6% -1.62%
2012 16.1% 24.7% -2.28%
2011 13.2% 50% -2.89%
2010 14.5% 45.6% -1.34%
2009 14.4% 46.5% -1%
2008 14.6% 51.2% -0.21%
2007 14.8% 53.5% -0.39%
2006 14.5% 57.5% -1.03%
2005 13.6% 58.2% -1.03%
2004 13.5% 56.7% -1.04%
2003 12.7% 56.4% -1.26%
2002 13.1% 63% -0.64%
2001 11.4% 71.2% 0.7%
2000 12.9% 74% -0.83%
1999 13.7% 78% -1.27%
1998 14.6% 75.2% -0.7%
1997 15.2% 84.2% -0.75%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20).

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

This chart shows Ivory Coast's government spending, budget balance, and debt over time, each expressed as a share of GDP.

Over the past 28 years, Ivory Coast recorded a fiscal deficit in 27 of them, with an average annual deficit equal to 2.1% of GDP. In 2024, government spending reached $17.7B (20.4% of GDP), with a deficit of 3.97%.

The national debt reached $51.6B, ranking 73rd out of 185 countries by total size, with a debt-to-GDP ratio of 59.3%, ranking 82nd.

Inflation rate by year

1x
Year Inflation
2024 3.45%
2023 4.37%
2022 5.23%
2021 4.16%
2020 2.41%
2019 0.79%
2018 0.4%
2017 0.69%
2016 0.72%
2015 1.25%
2014 0.45%
2013 2.58%
2012 1.3%
2011 4.91%
2010 1.23%
2009 1.02%
2008 6.31%
2007 1.89%
2006 2.47%
2005 3.89%
2004 1.46%
2003 3.3%
2002 3.08%
2001 4.36%
2000 2.53%
1999 0.7%
1998 4.61%
1997 4.02%
1996 2.48%
1995 14.3%
1994 26.1%
1993 2.16%
1992 4.23%
1991 1.68%
1990 -0.81%
1989 1.05%
1988 6.93%
1987 6.94%
1986 9.68%
1985 1.86%
1984 4.28%
1983 5.64%
1982 7.58%
1981 8.8%
1980 14.7%
1979 16.3%
1978 13.2%
1977 27.4%
1976 12.1%
1975 11.4%
1974 17.4%
1973 11.1%
1972 0.31%
1971 -0.44%
1970 8.21%
1969 4.45%
1968 5.35%
1967 2.29%
1966 4.19%
1965 2.61%
1964 0.62%
1963 0.94%
1962 -1.34%
1961 11.6%

Data sources: World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06).

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

Over the past 20 years, Ivory Coast has had an average annual inflation rate of 2.48%. In 2024, inflation was 3.45%. The bar chart above shows consumer price inflation by year.

Balance of trade

Ivory Coast Rank
Current account balance
-$9.21B
2023
175/190
Current account balance, % of GDP
-11.4%
2023
165/190
Goods imports
$15.4B
2023
91/189
Goods exports
$17.1B
2023
82/189
Service imports
$8.78B
2023
73/189
Service exports
$1.5B
2023
117/189
Imports of goods and services, % of GDP
25.2%
2024
148/181
Exports of goods and services, % of GDP
26%
2024
127/193

Ivory Coast top 10 trading partners

Ivory Coast's biggest trading partner accounting for 9.35% of all exports and imports is China, with a trade balance between the two of -$2.01B: Ivory Coast exports $729M worth of goods and services to China and imports $2.74B.

Below is the list of the top 10 trade partners of Ivory Coast.

Rank Country Trade value Share of total trade Export to Import from Top export to Top import from
1 China $3.47B 9.35% $729M $2.74B Raw materials & minerals Machinery & equipment
2 Netherlands $2.83B 7.64% $2.51B $317M Processed food, beverages & tobacco Raw materials & minerals
3 Switzerland $2.81B 7.59% $2.75B $59.9M Precious metals & jewellery Machinery & equipment
4 Nigeria $2.48B 6.68% $164M $2.31B Raw materials & minerals Raw materials & minerals
5 France $1.96B 5.29% $847M $1.11B Processed food, beverages & tobacco Chemicals & pharma
6 United States $1.77B 4.79% $922M $851M Processed food, beverages & tobacco Raw materials & minerals
7 Belgium $1.69B 4.55% $825M $863M Processed food, beverages & tobacco Raw materials & minerals
8 Mali $1.68B 4.54% $1.67B $12.7M Raw materials & minerals Raw agricultural goods
9 India $1.25B 3.39% $437M $817M Raw materials & minerals Raw agricultural goods
10 Germany $1.24B 3.36% $871M $373M Processed food, beverages & tobacco Machinery & equipment

Top 10 exports

Ivory Coast Rank
Processed food, beverages & tobacco $7.97B 31/192
Raw materials & minerals $5.83B 70/193
Precious metals & jewellery $3.14B 37/190
Raw agricultural goods $1.72B 60/193
Chemicals & pharma $688M 82/193
Transport & tourism services $629M 129/188
Machinery & equipment $476M 93/193
Textiles & consumer goods $411M 90/193
Wood & paper products $205M 78/192
IT & IP services $127M 103/183

Top 10 imports

Ivory Coast Rank
Raw materials & minerals $5.54B 69/193
Machinery & equipment $3.79B 98/193
Transport & tourism services $2.64B 91/188
Chemicals & pharma $1.94B 88/193
Raw agricultural goods $1.49B 69/193
Animal & marine products $1.25B 51/193
Metals $1.16B 90/193
Processed food, beverages & tobacco $866M 109/193
Business & finance services $760M 96/188
Textiles & consumer goods $753M 108/193

Economic freedom indices

Ivory Coast Rank
Economic freedom 58.1 111/197
Property rights 43.9 106/182
Government integrity 39.3 100/182
Judicial effectiveness 30.2 123/182
Tax burden 81.6 74/182
Government spending 86.6 39/180
Fiscal health 48 132/181
Business freedom 68.3 78/182
Labor freedom 57.1 76/182
Monetary freedom 67.6 144/180
Trade freedom 74.4 75/181
Investment freedom 50 112/181
Financial freedom 50 82/181

Economic freedom by year

1x
Year Index
Economic freedom Judicial effectiveness Tax burden Government spending Fiscal health
2026 58.1 30.2 81.6 86.6 48
2025 57.8 31.1 82.2 86.3 42.4
2024 58.4 29.7 78.9 86.7 41.1
2023 60.4 33.6 79 88.5 65.3
2022 61.6 30 79.1 89.7 73.8
2021 61.7 34.9 77.6 90.4 84.1
2020 59.7 33 77.8 82.5 66.9
2019 62.4 47.8 77.5 83.9 74.3
2018 62 44.2 76.4 84.6 80.8
2017 63 45.8 78.4 84.6 87
2016 60 - 78.3 85.4 -
2015 58.5 - 77.7 82.4 -
2014 57.7 - 79.1 79.8 -
2013 54.1 - 77.9 79.8 -
2012 54.3 - 78.1 86.6 -
2011 55.4 - 78.5 88.4 -
2010 54.1 - 78.3 87.1 -
2009 55 - 58.1 87.6 -
2008 53.9 - 52.3 88.1 -
2007 54.9 - 52.1 87.8 -
2006 56.2 - 52.2 88.4 -
2005 56.6 - 52 88.6 -
2004 57.8 - 52.2 91.7 -
2003 56.7 - 52.4 90.2 -
2002 57.3 - 52.2 85.5 -
2001 54.8 - 52.1 82.7 -
2000 50.2 - 51.8 73 -
1999 51.7 - 50.9 88.7 -
1998 51.3 - 51.2 88.5 -
1997 50.5 - 51.9 88.9 -
1996 49.9 - 52.2 86.4 -
1995 53.4 - 52.2 86.1 -

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

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

Ivory Coast is ranked 99/174 for economic freedom with a score of 58.1, compared to 99/162 and a score of 56.2 in 2006.

Other economic metrics

Ivory Coast Rank
Services, % of GDP
51.9%
2024
120/191
Industry, % of GDP
24%
2024
97/194
Agriculture, forestry, and fishing, % of GDP
15.9%
2024
51/193
GNI, Atlas method
$80.9B
2024
75/194
GNI per capita, PPP
$7,360
2024
141/191
Net foreign direct investment
-$2B
2023
140/189
Net inflows of foreign direct investment
$3.12B
2024
58/193
Net outflows of foreign direct investment
$228M
2024
74/193
Servicing debt to the IMF, % of GNI
6.44%
2024
34/121
Poverty at national poverty lines
37.5%
2021
44/176
Gross capital formation, % of GDP
20.9%
2024
113/178

Compare Ivory Coast vs other countries

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/ivory-coast | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2021–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.