Ivory Coast vs Latvia: Economic Indicators Comparison

Ivory Coast with a GDP of $43B ranked the 90th largest economy in the world, while Latvia ranked 100th with $34.4B. By GDP 5-years average growth and GDP per capita, Ivory Coast and Latvia ranked 3rd vs 74th and 152nd vs 51st, respectively.

Gross Domestic Product & Income

StatIvory CoastLatvia
GDP$43B$34.4B
GDP growth, 1 year7.4%4.8%
GDP growth, 5-years average8.1%3.3%
Population24.3M1.9M
GDP per capita$1.7k$18k
GDP per capita growth4.73%5.47%
Purchasing Power Parity conversion factor226.610.5
Price level ratio of PPP conversion factor GDP to market exchange rate0.410.59
GDP per capita, PPP adjusted$4.2k$30k
GNI, Atlas method$40.2B$31.8B
GNI per capita$1.6k$17k
GNI, PPP adjusted$100.8B$57.4B
GNI per capita, PPP adjusted$4k$30k

Financial system and Human development

StatIvory CoastLatvia
Income Tax Rate36%31.4%
Corporate Tax Rate25%20%
Inflation, consumer prices0.3%2.6%
Inflation, GDP deflator0.4%4%
Unemployment2.5%7.9%
Economic Freedom Index59.771.9
Personal Freedom Index6.268.65
Human Freedom Index5.958.16
Property Rights Index48.572.3
Judical Effectiveness Index3351.1
Business Freedom Index62.377
Fiscal Health Index66.996.5
Labor Freedom Index49.272.4
Investment Freedom Index7585
Financial Freedom Index5060
Trade Freedom Index69.486.4
Monetary Freedom Index75.780.2
Government Spending Index82.558.3
Tax Burden Index77.876.9
Government Integrity Index25.546.4
Corruption Perceptions Index3558
Life expectancy at birth, years5774.7
Suicide mortality rate, per 100,000 people14.521.2
Mortality caused by road traffic injury, per 100,000 people23.69.3
Intentional homicides, per 100,000 people11.84.2
International tourism, number of arrivals2M1.9M

Government debt & reserves

StatIvory CoastLatvia
Central government debt, % of GDP52.2%37.6%
External debt stocks, % of GNI37.9%N/A
External debt stocks$15.7BN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary income17.1%N/A
Adjusted net savings including particulate emission damage, % of GNI16.6%6%
Gross savings, % of GDP14.6%22.8%
Gross capital formation, % of GDP19.8%23.5%
Total reserves including goldN/A$4.4B
Foreign direct investment net inflows$912.9M$447M

Exports, imports and economic structure

StatIvory CoastLatvia
Exports of goods and services, % of GDP29.8%61.3%
Imports of goods and services, % of GDP29.2%61.5%
Current account balance (balance of payments)-$1B-$211M
Revenue excluding grants, % of GDP16.5%41.4%
Grants excluding technical cooperation, BoP$726.9M$148.1M
Personal remittances received$325.3M$1.2B
Industry including construction value added, % of GDP25.2%19.5%
Agriculture, forestry and fishing value added, % of GDP19.8%3.6%
Charges for the use of intellectual property, payments BoP$3.1M$64.6M
Charges for the use of intellectual property, receipts BoP$1.6M$10.6M
Expense, % of GDP20.6%43%
Government Expenditure, % of GDP24.2%37.3%

Compare with countries close by GDP per capita

Ivory Coast vs

CountryGDP
per capita
Population
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M

Latvia vs

CountryGDP
per capita
Population
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M