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
| Stat |  Ivory Coast |  Latvia |
|---|---|---|
| GDP | $43B | $34.4B |
| GDP growth, 1 year | 7.4% | 4.8% |
| GDP growth, 5-years average | 8.1% | 3.3% |
| Population | 24.3M | 1.9M |
| GDP per capita | $1.7k | $18k |
| GDP per capita growth | 4.73% | 5.47% |
| Purchasing Power Parity conversion factor | 226.61 | 0.5 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.41 | 0.59 |
| 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
| Stat | Ivory Coast | Latvia |
|---|---|---|
| Income Tax Rate | 36% | 31.4% |
| Corporate Tax Rate | 25% | 20% |
| Inflation, consumer prices | 0.3% | 2.6% |
| Inflation, GDP deflator | 0.4% | 4% |
| Unemployment | 2.5% | 7.9% |
| Economic Freedom Index | 59.7 | 71.9 |
| Personal Freedom Index | 6.26 | 8.65 |
| Human Freedom Index | 5.95 | 8.16 |
| Property Rights Index | 48.5 | 72.3 |
| Judical Effectiveness Index | 33 | 51.1 |
| Business Freedom Index | 62.3 | 77 |
| Fiscal Health Index | 66.9 | 96.5 |
| Labor Freedom Index | 49.2 | 72.4 |
| Investment Freedom Index | 75 | 85 |
| Financial Freedom Index | 50 | 60 |
| Trade Freedom Index | 69.4 | 86.4 |
| Monetary Freedom Index | 75.7 | 80.2 |
| Government Spending Index | 82.5 | 58.3 |
| Tax Burden Index | 77.8 | 76.9 |
| Government Integrity Index | 25.5 | 46.4 |
| Corruption Perceptions Index | 35 | 58 |
| Life expectancy at birth, years | 57 | 74.7 |
| Suicide mortality rate, per 100,000 people | 14.5 | 21.2 |
| Mortality caused by road traffic injury, per 100,000 people | 23.6 | 9.3 |
| Intentional homicides, per 100,000 people | 11.8 | 4.2 |
| International tourism, number of arrivals | 2M | 1.9M |
Government debt & reserves
| Stat | Ivory Coast | Latvia |
|---|---|---|
| Central government debt, % of GDP | 52.2% | 37.6% |
| External debt stocks, % of GNI | 37.9% | N/A |
| External debt stocks | $15.7B | N/A |
| Short-term debt, % of total reserves | N/A | N/A |
| Total debt service, % of exports and primary income | 17.1% | N/A |
| Adjusted net savings including particulate emission damage, % of GNI | 16.6% | 6% |
| Gross savings, % of GDP | 14.6% | 22.8% |
| Gross capital formation, % of GDP | 19.8% | 23.5% |
| Total reserves including gold | N/A | $4.4B |
| Foreign direct investment net inflows | $912.9M | $447M |
Exports, imports and economic structure
| Stat | Ivory Coast | Latvia |
|---|---|---|
| Exports of goods and services, % of GDP | 29.8% | 61.3% |
| Imports of goods and services, % of GDP | 29.2% | 61.5% |
| Current account balance (balance of payments) | -$1B | -$211M |
| Revenue excluding grants, % of GDP | 16.5% | 41.4% |
| Grants excluding technical cooperation, BoP | $726.9M | $148.1M |
| Personal remittances received | $325.3M | $1.2B |
| Industry including construction value added, % of GDP | 25.2% | 19.5% |
| Agriculture, forestry and fishing value added, % of GDP | 19.8% | 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 GDP | 20.6% | 43% |
| Government Expenditure, % of GDP | 24.2% | 37.3% |
