Ivory Coast vs Norway: Economic Indicators Comparison
Norway with a GDP of $434.2B ranked the 30th largest economy in the world, while Ivory Coast ranked 90th with $43B. By GDP 5-years average growth and GDP per capita, Norway and Ivory Coast ranked 142nd vs 3rd and 5th vs 152nd, respectively.
Gross Domestic Product & Income
| Stat |  Ivory Coast |  Norway |
|---|---|---|
| GDP | $43B | $434.2B |
| GDP growth, 1 year | 7.4% | 1.4% |
| GDP growth, 5-years average | 8.1% | 1.7% |
| Population | 24.3M | 5.4M |
| GDP per capita | $1.7k | $82k |
| GDP per capita growth | 4.73% | 0.58% |
| Purchasing Power Parity conversion factor | 226.61 | 10.14 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.41 | 1.25 |
| GDP per capita, PPP adjusted | $4.2k | $74k |
| GNI, Atlas method | $40.2B | $428.4B |
| GNI per capita | $1.6k | $81k |
| GNI, PPP adjusted | $100.8B | $363B |
| GNI per capita, PPP adjusted | $4k | $68k |
Financial system and Human development
| Stat | Ivory Coast | Norway |
|---|---|---|
| Income Tax Rate | 36% | 47.8% |
| Corporate Tax Rate | 25% | 22% |
| Inflation, consumer prices | 0.3% | 2.8% |
| Inflation, GDP deflator | 0.4% | 5.8% |
| Unemployment | 2.5% | 3.9% |
| Economic Freedom Index | 59.7 | 73.4 |
| Personal Freedom Index | 6.26 | 9.55 |
| Human Freedom Index | 5.95 | 8.61 |
| Property Rights Index | 48.5 | 84.3 |
| Judical Effectiveness Index | 33 | 82.8 |
| Business Freedom Index | 62.3 | 86.1 |
| Fiscal Health Index | 66.9 | 97.3 |
| Labor Freedom Index | 49.2 | 57.4 |
| Investment Freedom Index | 75 | 75 |
| Financial Freedom Index | 50 | 60 |
| Trade Freedom Index | 69.4 | 83.8 |
| Monetary Freedom Index | 75.7 | 74.8 |
| Government Spending Index | 82.5 | 25.6 |
| Tax Burden Index | 77.8 | 57.7 |
| Government Integrity Index | 25.5 | 95.6 |
| Corruption Perceptions Index | 35 | 84 |
| Life expectancy at birth, years | 57 | 82.5 |
| Suicide mortality rate, per 100,000 people | 14.5 | 12.2 |
| Mortality caused by road traffic injury, per 100,000 people | 23.6 | 2.7 |
| Intentional homicides, per 100,000 people | 11.8 | 0.5 |
| International tourism, number of arrivals | 2M | 5.7M |
Government debt & reserves
| Stat | Ivory Coast | Norway |
|---|---|---|
| Central government debt, % of GDP | 52.2% | 36.8% |
| 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% | 16.9% |
| Gross savings, % of GDP | 14.6% | 35.9% |
| Gross capital formation, % of GDP | 19.8% | 27.3% |
| Total reserves including gold | N/A | $63.1B |
| Foreign direct investment net inflows | $912.9M | -$17.4B |
Exports, imports and economic structure
| Stat | Ivory Coast | Norway |
|---|---|---|
| Exports of goods and services, % of GDP | 29.8% | 38.4% |
| Imports of goods and services, % of GDP | 29.2% | 32.6% |
| Current account balance (balance of payments) | -$1B | $31.4B |
| Revenue excluding grants, % of GDP | 16.5% | 47.4% |
| Grants excluding technical cooperation, BoP | $726.9M | N/A |
| Personal remittances received | $325.3M | $644.3M |
| Industry including construction value added, % of GDP | 25.2% | 32% |
| Agriculture, forestry and fishing value added, % of GDP | 19.8% | 1.9% |
| Charges for the use of intellectual property, payments BoP | $3.1M | $768.9M |
| Charges for the use of intellectual property, receipts BoP | $1.6M | $515.2M |
| Expense, % of GDP | 20.6% | 37.7% |
| Government Expenditure, % of GDP | 24.2% | 49.8% |
