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Economy of Ivory Coast vs Mauritius compared: GDP & Debt

Updated on by Georank team

Ivory Coast has a GDP of $87.1B compared to $14.9B for Mauritius, ranking 77/197 and 143/197 by economy size, respectively.

Ivory Coast has $51.6B in government debt (56.4% of GDP), compared to $13.6B (91.3% of GDP) in Mauritius.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Ivory Coast
GDP, current $

GDP, constant 2015 $
Mauritius
GDP, current $

GDP, constant 2015 $
Year GDP
Ivory Coast Mauritius
Current $ Constant $ Current $ Constant $
1960 $546,203,559 $5,492,745,890 $162,089,564 $968,988,710
1961 $618,245,634 $6,038,315,905 $191,757,729 $1,190,393,861
1962 $645,284,474 $6,112,405,708 $197,738,208 $1,199,994,232
1963 $761,047,198 $6,998,115,047 $253,839,558 $1,366,727,738
1964 $921,063,327 $8,230,699,197 $218,914,569 $1,272,567,126
1965 $919,771,229 $7,974,752,908 $230,024,161 $1,313,250,841
1966 $1,024,102,880 $8,898,018,736 $227,534,083 $1,266,391,365
1967 $1,082,922,725 $9,307,163,144 $238,439,291 $1,321,911,601
1968 $1,281,281,277 $10,475,049,116 $206,576,631 $1,230,836,442
1969 $1,361,360,293 $11,474,286,968 $221,553,613 $1,291,553,246
1970 $1,455,482,795 $12,664,747,894 $224,125,805 $1,286,356,771
1971 $1,584,128,509 $13,862,407,214 $251,437,338 $1,341,330,044
1972 $1,849,400,402 $14,449,705,425 $318,664,900 $1,453,282,307
1973 $2,508,421,426 $15,307,901,973 $404,285,775 $1,627,410,035
1974 $3,070,152,309 $15,970,333,193 $669,894,030 $1,770,814,578
1975 $3,893,839,190 $17,288,346,644 $673,311,287 $1,786,859,757
1976 $4,662,053,825 $19,521,378,207 $713,510,052 $2,211,282,621
1977 $6,265,068,189 $20,949,261,442 $834,722,972 $2,356,068,983
1978 $7,900,526,298 $23,234,711,410 $1,029,040,323 $2,446,325,417
1979 $9,142,933,967 $23,791,045,073 $1,227,446,632 $2,532,351,080
1980 $10,175,617,609 $21,184,094,378 $1,147,027,924 $2,277,564,692
1981 $8,432,589,942 $21,925,643,371 $1,157,769,444 $2,411,539,084
1982 $7,567,110,849 $21,969,674,962 $1,092,923,636 $2,544,103,219
1983 $6,838,184,773 $21,112,804,815 $1,104,956,573 $2,553,867,368
1984 $6,841,639,247 $20,542,492,760 $1,054,564,759 $2,673,857,908
1985 $6,977,650,644 $21,467,156,206 $1,090,611,325 $2,859,810,700
1986 $9,158,302,100 $22,166,845,697 $1,482,601,552 $3,138,414,411
1987 $10,087,654,465 $22,089,489,410 $1,906,174,438 $3,417,452,086
1988 $10,255,169,806 $22,340,532,915 $2,163,252,449 $3,649,543,107
1989 $9,757,410,645 $22,999,132,930 $2,211,312,823 $3,812,500,631
1990 $10,795,850,583 $22,747,083,497 $2,689,212,760 $4,086,495,015
1991 $10,492,628,581 $22,756,392,780 $2,895,354,736 $4,267,749,306
1992 $11,152,971,274 $22,700,739,607 $3,267,677,814 $4,545,694,954
1993 $11,045,760,288 $22,657,044,066 $3,307,302,126 $4,776,710,033
1994 $8,313,557,510 $22,840,839,521 $3,606,050,873 $4,974,281,585
1995 $11,000,146,267 $24,468,419,439 $4,094,741,652 $5,187,565,675
1996 $18,071,152,831 $26,359,663,692 $4,481,489,762 $5,477,438,749
1997 $18,047,558,038 $28,903,065,479 $4,243,755,308 $5,788,966,841
1998 $19,619,654,756 $30,135,465,006 $4,225,813,976 $6,140,469,444
1999 $18,870,992,456 $30,487,103,687 $4,402,193,195 $6,300,792,947
2000 $16,577,533,892 $30,406,072,178 $4,726,108,622 $6,817,633,871
2001 $16,810,537,044 $29,751,121,586 $4,675,755,867 $7,045,856,941
2002 $18,054,383,321 $28,938,759,334 $4,906,494,249 $7,159,641,800
2003 $21,251,754,340 $27,571,152,176 $5,894,873,920 $7,583,882,472
2004 $23,510,575,681 $28,449,303,912 $6,667,418,752 $7,912,266,089
2005 $24,036,918,703 $28,732,677,632 $6,576,108,447 $8,052,910,022
2006 $25,281,413,263 $29,541,668,753 $7,137,710,413 $8,444,727,952
2007 $28,760,090,953 $29,867,049,486 $8,277,442,915 $8,928,358,886
2008 $34,078,240,293 $31,295,490,701 $10,127,777,060 $9,409,326,235
2009 $33,886,813,250 $32,423,167,867 $9,264,513,545 $9,721,252,645
2010 $34,936,307,980 $34,643,522,419 $10,144,716,155 $10,146,771,629
2011 $36,693,710,801 $32,783,010,325 $11,677,718,382 $10,560,510,104
2012 $36,302,302,877 $35,281,210,701 $11,832,323,837 $10,929,718,038
2013 $42,760,235,485 $39,077,544,168 $12,434,596,541 $11,297,000,949
2014 $48,843,005,614 $42,739,891,584 $13,230,490,082 $11,729,333,766
2015 $45,815,005,169 $45,815,005,169 $12,162,211,503 $12,162,211,503
2016 $48,407,761,037 $49,101,205,369 $12,757,680,847 $12,631,973,063
2017 $52,512,343,997 $52,739,979,047 $13,896,938,315 $13,129,418,116
2018 $58,522,477,787 $55,294,253,264 $14,957,535,716 $13,655,479,839
2019 $60,382,894,697 $59,010,785,541 $14,645,235,205 $14,050,298,678
2020 $63,027,852,805 $59,423,700,881 $11,566,111,138 $12,006,466,621
2021 $72,794,636,654 $63,620,992,438 $11,622,048,697 $12,415,142,571
2022 $70,922,824,814 $67,692,661,917 $12,936,444,123 $13,494,399,202
2023 $80,780,312,569 $72,160,377,910 $14,072,212,290 $14,170,187,785
2024 $87,113,179,149 $76,504,096,839 $14,937,861,786 $14,868,086,969

Economic indicators

Ivory Coast Mauritius
Gross domestic product
$87.1B
2024
$14.9B
2024
GDP rank
77/197
2024
143/197
2024
GDP growth
7.84%
2023-2024
6.15%
2023-2024
GDP per capita
$2,728
2024
$11,991
2024
GDP per capita rank
142/197
2024
78/197
2024
GDP per capita, PPP
$7,669
2024
$31,840
2024
Government debt
$51.6B
2024
$13.6B
2024
Debt-to-GDP ratio
56.4%
2026
91.3%
2026
Government debt per person
$1,616
2024
$10,955
2024
Government debt per person rank
125/185
2024
52/185
2024
Average annual personal income after taxes
$2,373
2026
$7,323
2026
Market capitalization of domestic companies
$7.33B
2020
$9.12B
2024
Income share by richest 10%
27.8%
2021
29.9%
2017
Income share by poorest 10%
3.1%
2021
2.9%
2017
Government expenditure, % of GDP
20.8%
2026
30.8%
2026
Consumer prices inflation
3.45%
2023-2024
3.6%
2023-2024
Central bank interest rate n/a
4.5%
2025
Unemployment rate
2.31%
2022
5.57%
2023
Population
33502938
1239793

GDP per capita in Ivory Coast vs Mauritius

Ivory Coast's GDP per capita is $2,728, ranking 142/197, compared to $11,991 in Mauritius, ranking 78/197. Adjusted for purchasing power (GDP per capita PPP), Ivory Coast ranks 145th at $7,669, while Mauritius ranks 71st at $31,840.

Ivory Coast
GDP per capita

GDP per capita, PPP
Mauritius
GDP per capita

GDP per capita, PPP
Year Current $
Ivory Coast Mauritius
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 $148.7 - $238.3 -
1961 $162.3 - $281.7 -
1962 $163.1 - $282.3 -
1963 $185.1 - $353 -
1964 $215.5 - $297.3 -
1965 $207 - $305 -
1966 $221.8 - $296 -
1967 $225.6 - $304 -
1968 $256.8 - $258.7 -
1969 $262.2 - $272.7 -
1970 $269 - $271.3 -
1971 $280.3 - $299.6 -
1972 $313 - $374 -
1973 $406 - $467 -
1974 $474 - $763 -
1975 $575 - $755 -
1976 $661 - $787 -
1977 $856 - $906 -
1978 $1,039 - $1,102 -
1979 $1,157 - $1,292 -
1980 $1,238 - $1,187 -
1981 $986 - $1,181 -
1982 $849 - $1,101 -
1983 $737 - $1,103 -
1984 $709 - $1,042 -
1985 $695 - $1,069 -
1986 $877 - $1,442 -
1987 $930 - $1,840 -
1988 $910 - $2,074 -
1989 $833 - $2,103 -
1990 $886 $2,693 $2,540 $5,010
1991 $827 $2,677 $2,705 $5,351
1992 $845 $2,625 $3,013 $5,753
1993 $804 $2,577 $3,014 $6,116
1994 $582 $2,551 $3,240 $6,414
1995 $740 $2,683 $3,648 $6,771
1996 $1,170 $2,832 $3,952 $7,206
1997 $1,125 $3,040 $3,696 $7,651
1998 $1,177 $3,086 $3,642 $8,121
1999 $1,096 $3,065 $3,746 $8,344
2000 $937 $3,041 $3,982 $9,143
2001 $925 $2,962 $3,909 $9,586
2002 $968 $2,851 $4,073 $9,824
2003 $1,111 $2,702 $4,858 $10,535
2004 $1,200 $2,794 $5,461 $11,216
2005 $1,198 $2,842 $5,354 $11,703
2006 $1,230 $2,942 $5,784 $12,593
2007 $1,368 $2,985 $6,677 $13,612
2008 $1,584 $3,116 $8,141 $14,569
2009 $1,540 $3,177 $7,427 $15,105
2010 $1,554 $3,361 $8,113 $15,920
2011 $1,597 $3,176 $9,324 $16,884
2012 $1,547 $3,291 $9,422 $17,259
2013 $1,786 $3,619 $9,877 $18,435
2014 $1,991 $4,074 $10,490 $19,294
2015 $1,815 $4,404 $9,631 $20,270
2016 $1,863 $4,531 $10,095 $21,952
2017 $1,964 $4,690 $10,987 $22,898
2018 $2,131 $4,946 $11,819 $23,416
2019 $2,142 $5,516 $11,568 $24,375
2020 $2,180 $5,544 $9,136 $21,622
2021 $2,456 $6,045 $9,178 $23,010
2022 $2,333 $6,719 $10,247 $26,874
2023 $2,592 $7,237 $11,270 $29,561
2024 $2,728 $7,669 $11,991 $31,840

Spending and national debt comparison

In 2024, Ivory Coast's government spending was $17.7B, accounting for 20.8% of its GDP, while Mauritius' spent $5.04B, or 30.8% of GDP.

Debt-to-GDP ratio is 56.4% in Ivory Coast and 91.3% in Mauritius, ranking 89/185 and 28/185, respectively.

Ivory Coast
Government spending

Government debt
Mauritius
Government spending

Government debt
Year % of GDP
Ivory Coast Mauritius
Government spending Government debt Government spending Government debt
1990 - - 30.2% -
1991 - - 27.2% -
1992 - - 26.8% -
1993 - - 24.5% -
1994 - - 27.5% -
1995 - - 27.3% -
1996 - - 27.4% -
1997 15.2% 84.2% 27.5% -
1998 14.6% 75.2% 26.6% -
1999 13.7% 78% 27.5% -
2000 12.9% 74% 22.2% 59.7%
2001 11.4% 71.2% 22.4% 60.5%
2002 13.1% 63% 23.3% 66.7%
2003 12.7% 56.4% 23.4% 70.8%
2004 13.5% 56.7% 22.6% 61.1%
2005 13.6% 58.2% 23% 61.7%
2006 14.5% 57.5% 22.2% 59.3%
2007 14.8% 53.5% 21.5% 51.6%
2008 14.6% 51.2% 22.7% 49.4%
2009 14.4% 46.5% 25.2% 58.4%
2010 14.5% 45.6% 24% 56.4%
2011 13.2% 50% 23.7% 56.5%
2012 16.1% 24.7% 22.5% 55.9%
2013 15.9% 24.6% 24.1% 58.2%
2014 15.2% 26.7% 23% 60.6%
2015 16.5% 29.2% 24.5% 65%
2016 17.6% 31.1% 24% 64.3%
2017 18.1% 32.6% 24.3% 63%
2018 17.6% 35.3% 24.3% 64.1%
2019 17.2% 37.2% 27.8% 74.6%
2020 20.4% 46.3% 32.6% 93.4%
2021 20.5% 50.2% 30.8% 93.8%
2022 21.9% 56% 29.3% 86.9%
2023 21.3% 57.5% 29.9% 85.6%
2024 20.4% 59.3% 33.7% 91.4%
2025 20.4% 58.1% 31.9% 93.2%
2026 20.8% 56.4% 30.8% 91.3%

Government deficit by year

In 2024, Ivory Coast's government deficit, the difference between spending and revenue, was -$3.45B, equivalent to -3.97% of GDP. This compares to Mauritius' deficit of -$1.06B, or -7.11% of GDP.

Over the past 25 years, Ivory Coast recorded a fiscal deficit in 24 of those years, while Mauritius ran a deficit in 25 years. On average, Ivory Coast posted an annual deficit equal to -2.24% of GDP, compared to deficit of -4.18% of GDP for Mauritius.

Deficit/surplus
Ivory Coast

Mauritius
Year Deficit/surplus, % of GDP
Ivory Coast Mauritius
1997 -0.75% -
1998 -0.7% -
1999 -1.27% -
2000 -0.83% -4.4%
2001 0.7% -5.53%
2002 -0.64% -5.18%
2003 -1.26% -4.82%
2004 -1.04% -4.34%
2005 -1.03% -4.44%
2006 -1.03% -4.14%
2007 -0.39% -3.09%
2008 -0.21% -2.66%
2009 -1% -3.41%
2010 -1.34% -3.07%
2011 -2.89% -3.09%
2012 -2.28% -1.78%
2013 -1.62% -3.4%
2014 -1.57% -3.13%
2015 -2.04% -3.59%
2016 -2.98% -2.81%
2017 -3.27% -1.66%
2018 -2.9% -2.19%
2019 -2.22% -7.53%
2020 -5.42% -10.6%
2021 -4.86% -4.44%
2022 -6.74% -3.31%
2023 -5.19% -4.71%
2024 -3.97% -7.11%
2025 -3.02% -3.75%
2026 -2.96% -2.43%

Inflation comparison by year

Over the past 28 years, Ivory Coast has recorded an average annual inflation rate of 2.63%, compared with 4.92% in Mauritius. In 2024, inflation was 3.45% in Ivory Coast and 3.6% in Mauritius.

Inflation
Ivory Coast

Mauritius
Year Inflation
Ivory Coast Mauritius
1997 4.02% 6.83%
1998 4.61% 6.81%
1999 0.7% 6.91%
2000 2.53% 4.2%
2001 4.36% 5.39%
2002 3.08% 6.42%
2003 3.3% 3.92%
2004 1.46% 4.71%
2005 3.89% 4.94%
2006 2.47% 8.91%
2007 1.89% 8.83%
2008 6.31% 9.73%
2009 1.02% 2.52%
2010 1.23% 2.93%
2011 4.91% 6.52%
2012 1.3% 3.85%
2013 2.58% 3.54%
2014 0.45% 3.22%
2015 1.25% 1.29%
2016 0.72% 0.98%
2017 0.69% 3.67%
2018 0.4% 3.22%
2019 0.79% 0.41%
2020 2.41% 2.58%
2021 4.16% 4.03%
2022 5.23% 10.8%
2023 4.37% 7.05%
2024 3.45% 3.6%

Top exports between countries

Ivory Coast
Export category Export value
Textiles & consumer goods $1.62M
Processed food, beverages & tobacco $271K
Machinery & equipment $199K
Chemicals & pharma $54K
Raw agricultural goods $34K
Raw materials & minerals $20K
Precious metals & jewellery $13K
Wood & paper products $6K
Animal & marine products $1K
Mauritius
Export category Export value
Animal & marine products $170K
Textiles & consumer goods $123K
Metals $60K
Machinery & equipment $33K
Chemicals & pharma $32K
Wood & paper products $6K
Raw materials & minerals $4K

Balance of trade

Ivory Coast Mauritius
Current account balance
-$9.21B
2023
-$1.05B
2024
Current account balance ranking
175/190
2023
126/190
2024
Current account balance, % of GDP
-11.4%
2023
-7.03%
2024
Goods imports
$15.4B
2023
$6.35B
2024
Goods exports
$17.1B
2023
$2.37B
2024
Service imports
$8.78B
2023
$2.28B
2024
Service exports
$1.5B
2023
$4.19B
2024
Imports of goods and services, % of GDP
25.2%
2024
78.3%
2024
Exports of goods and services, % of GDP
26%
2024
67.1%
2024

Economic freedom indices

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

Ivory Coast Mauritius
Economic freedom 57.8 75
Economic freedom ranking 112/197 18/197
Property rights 46.3 86.4
Government integrity 36.6 53.2
Judicial effectiveness 31.1 81
Tax burden 82.2 89.8
Government spending 86.3 77.1
Fiscal health 42.4 64.9
Business freedom 65.2 82.9
Labor freedom 56.8 69.3
Monetary freedom 66.5 67.4
Trade freedom 70 87.4
Investment freedom 60 70
Financial freedom 50 70

Economic freedom by year comparison

The Economic Freedom Index for Ivory Coast is 57.8, ranking 112/197, compared to 75 for Mauritius, ranking 18/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Ivory Coast
Mauritius
Year Economic freedom index
Ivory Coast Mauritius
1995 53.4 -
1996 49.9 -
1997 50.5 -
1998 51.3 -
1999 51.7 68.5
2000 50.2 67.2
2001 54.8 66.4
2002 57.3 67.7
2003 56.7 64.4
2004 57.8 64.3
2005 56.6 67.2
2006 56.2 67.4
2007 54.9 69.4
2008 53.9 72.6
2009 55 74.3
2010 54.1 76.3
2011 55.4 76.2
2012 54.3 77
2013 54.1 76.9
2014 57.7 76.5
2015 58.5 76.4
2016 60 74.7
2017 63 74.7
2018 62 75.1
2019 62.4 73
2020 59.7 74.9
2021 61.7 77
2022 61.6 70.9
2023 60.4 70.6
2024 58.4 71.5
2025 57.8 75

More economic indicators

Ivory Coast Mauritius
Services, % of GDP
51.9%
2024
64.4%
2024
Industry, % of GDP
24%
2024
17.8%
2024
Agriculture, forestry, and fishing, % of GDP
15.9%
2024
4.23%
2024
GNI, Atlas method
$80.9B
2024
$16.2B
2024
GNI per capita, PPP
$7,360
2024
$35,100
2024
Total reserves including gold n/a
$8.51B
2024
Total reserves ranking n/a
83/177
2024
Net foreign direct investment
-$2B
2023
$963M
2024
Net inflows of foreign direct investment
$3.8B
2024
$681M
2024
Net outflows of foreign direct investment
$563M
2024
$38.3M
2024
Servicing debt to the IMF, % of GNI
6.44%
2024
10.1%
2024
Poverty at national poverty lines
37.5%
2021
8.4%
2023
Gross capital formation, % of GDP
20.9%
2024
21.2%
2024

GDP per capita map

GDP per capita

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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.