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Economy of Ivory Coast vs Russia compared: GDP & Debt

Updated on by Georank

Ivory Coast has a GDP of $99.8B compared to $2.56T for Russia, ranking 77/197 and 8/197 by economy size, respectively.

Ivory Coast has $56.2B in government debt (56.3% of GDP), compared to $440B (17.2% of GDP) in Russia.

Ivory Coast vs Russia GDP by year

Ivory Coast
Russia
1x
Year GDP, current $
Ivory Coast Russia
2025 $99,773,555,666 $2,561,310,169,359
2024 $87,113,179,149 $2,186,462,268,813
2023 $80,780,312,569 $2,046,284,838,151
2022 $70,922,824,814 $2,292,495,097,681
2021 $72,794,636,654 $1,829,186,719,575
2020 $63,027,852,805 $1,493,075,894,362
2019 $60,382,894,697 $1,693,115,002,708
2018 $58,522,477,787 $1,657,328,773,461
2017 $52,512,343,997 $1,574,199,360,089
2016 $48,407,761,037 $1,276,786,350,881
2015 $45,815,005,169 $1,363,482,182,198
2014 $48,843,005,614 $2,059,241,589,895
2013 $42,760,235,485 $2,292,470,078,346
2012 $36,302,302,877 $2,208,293,553,878
2011 $36,693,710,801 $2,045,922,753,398
2010 $34,936,307,980 $1,524,916,715,224
2009 $33,886,813,250 $1,222,645,900,056
2008 $34,078,240,293 $1,660,848,058,303
2007 $28,760,090,953 $1,299,703,478,482
2006 $25,281,413,263 $989,932,071,353
2005 $24,036,918,703 $764,015,973,481
2004 $23,510,575,681 $591,016,690,732
2003 $21,251,754,340 $430,347,420,185
2002 $18,054,383,321 $345,470,494,418
2001 $16,810,537,044 $306,602,070,621
2000 $16,577,533,892 $259,710,142,197
1999 $18,870,992,456 $195,907,128,351
1998 $19,619,654,756 $270,955,486,862
1997 $18,047,558,038 $404,928,954,192
1996 $18,071,152,831 $391,724,890,744
1995 $11,000,146,267 $395,537,185,735
1994 $8,313,557,510 $395,077,301,248
1993 $11,045,760,288 $435,083,713,851
1992 $11,152,971,274 $460,290,556,901
1991 $10,492,628,581 $517,962,962,963
1990 $10,795,850,583 $517,014,446,228
1989 $9,757,410,645 $506,631,299,735
1988 $10,255,169,806 $554,828,660,436
1987 $10,087,654,465 -
1986 $9,158,302,100 -
1985 $6,977,650,644 -
1984 $6,841,639,247 -
1983 $6,838,184,773 -
1982 $7,567,110,849 -
1981 $8,432,589,942 -
1980 $10,175,617,609 -
1979 $9,142,933,967 -
1978 $7,900,526,298 -
1977 $6,265,068,189 -
1976 $4,662,053,825 -
1975 $3,893,839,190 -
1974 $3,070,152,309 -
1973 $2,508,421,426 -
1972 $1,849,400,402 -
1971 $1,584,128,509 -
1970 $1,455,482,795 -
1969 $1,361,360,293 -
1968 $1,281,281,277 -
1967 $1,082,922,725 -
1966 $1,024,102,880 -
1965 $919,771,229 -
1964 $921,063,327 -
1963 $761,047,198 -
1962 $645,284,474 -
1961 $618,245,634 -
1960 $546,203,559 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Ivory Coast vs Russia by year

Ivory Coast
GDP per capita

GDP per capita, PPP
Russia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Ivory Coast Russia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $3,050 - $17,847 -
2024 $2,728 $7,669 $15,219 $47,362
2023 $2,592 $7,237 $14,227 $44,269
2022 $2,333 $6,719 $15,894 $40,939
2021 $2,456 $6,045 $12,637 $38,638
2020 $2,180 $5,544 $10,280 $31,491
2019 $2,142 $5,516 $11,640 $30,964
2018 $2,131 $4,946 $11,399 $28,629
2017 $1,964 $4,690 $10,835 $25,778
2016 $1,863 $4,531 $8,804 $24,012
2015 $1,815 $4,404 $9,427 $23,994
2014 $1,991 $4,074 $14,277 $25,688
2013 $1,786 $3,619 $15,941 $26,020
2012 $1,547 $3,291 $15,402 $24,274
2011 $1,597 $3,176 $14,305 $22,790
2010 $1,554 $3,361 $10,675 $20,490
2009 $1,540 $3,177 $8,563 $19,390
2008 $1,584 $3,116 $11,635 $20,164
2007 $1,368 $2,985 $9,101 $16,648
2006 $1,230 $2,942 $6,920 $14,912
2005 $1,198 $2,842 $5,323 $11,822
2004 $1,200 $2,794 $4,102 $10,227
2003 $1,111 $2,702 $2,975 $9,255
2002 $968 $2,851 $2,378 $8,037
2001 $925 $2,962 $2,100 $7,361
2000 $937 $3,041 $1,772 $6,825
1999 $1,096 $3,065 $1,331 $5,914
1998 $1,177 $3,086 $1,835 $5,465
1997 $1,125 $3,040 $2,738 $5,700
1996 $1,170 $2,832 $2,644 $5,518
1995 $740 $2,683 $2,666 $5,613
1994 $582 $2,551 $2,662 $5,734
1993 $804 $2,577 $2,931 $6,420
1992 $845 $2,625 $3,099 $6,862
1991 $827 $2,677 $3,490 $7,858
1990 $886 $2,693 $3,494 $8,028
1989 $833 - $3,430 -
1988 $910 - $3,778 -
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 (1960–2025, retrieved 2026-07-08).

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

Ivory Coast's GDP per capita is $3,050, ranking 145/197, compared to $17,847 in Russia, ranking 68/197. Adjusted for purchasing power (GDP per capita PPP), Ivory Coast ranks 145th at $7,669, while Russia ranks 50th at $47,362.

Economic indicators

Ivory Coast Russia
Gross domestic product
$99.8B
2025
$2.56T
2025
GDP rank
77/197
2025
8/197
2025
GDP growth
6.5%
2024-2025
1%
2024-2025
GDP per capita
$3,050
2025
$17,847
2025
GDP per capita rank
145/197
2025
68/197
2025
GDP per capita, PPP
$7,669
2024
$47,362
2024
GDP per capita PPP rank
145/197
2024
50/197
2024
Government debt
$56.2B
2025
$440B
2025
Debt-to-GDP ratio
56.3%
2025
17.2%
2025
Government debt per person
$1,718
2025
$3,068
2025
Government debt per person rank
124/185
2025
105/185
2025
Average annual personal income after taxes
$2,667
2026
$11,183
2026
Market capitalization of domestic companies
$7.33B
2020
$650B
2023
Number of millionaires n/a
447,000
2026
Number of billionaires n/a
147
2026
Income share by richest 10%
27.8%
2021
25.1%
2023
Income share by poorest 10%
3.1%
2021
3.1%
2023
Government expenditure, % of GDP
20.2%
2025
39.1%
2025
Consumer prices inflation
0.13%
2024-2025
8.7%
2024-2025
Central bank interest rate n/a
14.5%
2026
Unemployment rate
2.31%
2022
2.13%
2025
Population
33910252
142643173

Spending and national debt comparison by year

Ivory Coast
Spending

Debt
Russia
Spending

Debt
1x
Year % of GDP
Ivory Coast Russia
Government spending Government debt Government spending Government debt
2025 20.2% 56.3% 39.1% 17.2%
2024 20.4% 59.5% 36.7% 14.8%
2023 21% 56.7% 36.1% 15.2%
2022 21.9% 56% 35.1% 15.1%
2021 20.5% 50.2% 34.9% 16.5%
2020 20.4% 46.3% 39.2% 19.2%
2019 17.2% 37.2% 33.8% 13.7%
2018 17.6% 35.3% 32.6% 13.6%
2017 18.1% 32.6% 34.8% 14.3%
2016 17.6% 31.1% 36.6% 14.8%
2015 16.5% 29.2% 35.3% 15.3%
2014 15.2% 26.7% 34.9% 15.1%
2013 15.9% 24.6% 34.7% 12.3%
2012 16.1% 24.7% 34% 11.2%
2011 13.2% 50% 33.3% 10.3%
2010 14.5% 45.6% 35.5% 10.1%
2009 14.4% 46.5% 38.6% 9.92%
2008 14.6% 51.2% 32% 7.45%
2007 14.8% 53.5% 31.9% 8.03%
2006 14.5% 57.5% 29% 9.8%
2005 13.6% 58.2% 29.5% 14.9%
2004 13.5% 56.7% 29.6% 20.8%
2003 12.7% 56.4% 32.6% 28.3%
2002 13.1% 63% 33.8% 37.6%
2001 11.4% 71.2% 31.5% 44.4%
2000 12.9% 74% 30.7% 55.9%
1999 13.7% 78% 34.3% 92.4%
1998 14.6% 75.2% 39.7% 135.2%
1997 15.2% 84.2% - 51.5%
1996 - - - 51.9%
1995 - - - 53.7%
1994 - - - 63.5%
1993 - - - 92.4%
1992 - - - 116%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1992–1996, retrieved 2026-07-08).

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

In 2025, Ivory Coast's government spending was $20.1B, accounting for 20.2% of its GDP, while Russia spent $1T, or 39.1% of GDP.

Debt-to-GDP ratio is 56.3% in Ivory Coast and 17.2% in Russia, ranking 85/185 and 175/185, respectively.

Government deficit by year

Deficit/surplus
Ivory Coast

Russia
1x
Year Deficit/surplus, % of GDP
Ivory Coast Russia
2025 -3% -3.9%
2024 -3.96% -1.59%
2023 -5.12% -2.24%
2022 -6.74% -1.34%
2021 -4.88% 0.78%
2020 -5.42% -3.99%
2019 -2.22% 1.93%
2018 -2.9% 2.92%
2017 -3.27% -1.47%
2016 -2.98% -3.67%
2015 -2.04% -3.39%
2014 -1.57% -1.07%
2013 -1.62% -1.16%
2012 -2.28% 0.38%
2011 -2.89% 1.43%
2010 -1.34% -3.19%
2009 -1% -5.89%
2008 -0.21% 4.55%
2007 -0.39% 5.59%
2006 -1.03% 7.8%
2005 -1.03% 7.6%
2004 -1.04% 4.57%
2003 -1.26% 1.35%
2002 -0.64% 0.67%
2001 0.7% 2.99%
2000 -0.83% 3.11%
1999 -1.27% -3.59%
1998 -0.7% -7.42%
1997 -0.75% -
1996 - -
1995 - -
1994 - -
1993 - -
1992 - -
1991 - -
1990 - -
1989 - -
1988 - -
1987 - -
1986 - -
1985 - -
1984 - -
1983 - -
1982 - -
1981 - -
1980 - -
1979 - -
1978 - -
1977 - -
1976 - -
1975 - -
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -
1969 - -
1968 - -
1967 - -
1966 - -
1965 - -
1964 - -
1963 - -
1962 - -
1961 - -
1960 - -
1959 - -
1958 - -
1957 - -
1956 - -
1955 - -
1954 - -
1953 - -
1952 - -
1951 - -
1950 - -
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - 0.15%
1939 - 0.12%
1938 - 0.16%
1937 - 0.12%
1936 - 0.1%
1935 - 0.07%
1934 - 0.25%
1933 - 0.58%
1932 - 0.06%
1931 - -1.12%
1930 - -1.62%
1929 - -0.4%
1928 - -0.4%
1927 - -
1926 - -
1925 - -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - -
1912 - 0.69%
1911 - 1.26%
1910 - 1.52%
1909 - -0.15%
1908 - -0.83%
1907 - -0.86%
1906 - -3.19%
1905 - -7.72%
1904 - -5.13%
1903 - 1.04%
1902 - -1.57%
1901 - 0.14%
1900 - -0.36%
1899 - 0.66%
1898 - 0.03%
1897 - 0.34%
1896 - 1.3%
1895 - 0.7%
1894 - 1.43%
1893 - 0.63%
1892 - -1.16%
1891 - -0.97%
1890 - 0.01%
1889 - 1.34%
1888 - 0.88%
1887 - 0.14%
1886 - -0.84%
1885 - -0.75%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1885–1940, retrieved 2026-07-08).

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

In 2025, Ivory Coast's government deficit, the difference between spending and revenue, was $3B, equivalent to 3% of GDP. This compares to Russia's deficit of $100B, or 3.9% of GDP.

Over the past 28 years, Ivory Coast recorded a fiscal deficit in 27 of those years, while Russia ran a deficit in 14 years. On average, Ivory Coast posted an annual deficit equal to 2.18% of GDP, compared to surplus of 0.06% of GDP for Russia.

Inflation comparison by year

Inflation
Ivory Coast

Russia
1x
Year Consumer prices inflation
Ivory Coast Russia
2025 0.13% 8.7%
2024 3.45% 8.4%
2023 4.37% 5.9%
2022 5.23% 13.7%
2021 4.16% 6.7%
2020 2.41% 3.4%
2019 0.79% 4.5%
2018 0.4% 2.9%
2017 0.69% 3.7%
2016 0.72% 7%
2015 1.25% 15.5%
2014 0.45% 7.8%
2013 2.58% 6.8%
2012 1.3% 5.1%
2011 4.91% 8.4%
2010 1.23% 6.8%
2009 1.02% 11.6%
2008 6.31% 14.1%
2007 1.89% 9%
2006 2.47% 9.7%
2005 3.89% 12.7%
2004 1.46% 10.9%
2003 3.3% 13.7%
2002 3.08% 15.8%
2001 4.36% 21.5%
2000 2.53% 20.8%
1999 0.7% 85.7%
1998 4.61% 27.7%
1997 4.02% 14.8%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Ivory Coast has recorded an average annual inflation rate of 2.54%, compared with 13.2% in Russia. In 2025, inflation was 0.13% in Ivory Coast and 8.7% in Russia.

Top exports between countries

Ivory Coast
Export category Export value
Processed food, beverages & tobacco $34.9M
Chemicals & pharma $625K
Raw agricultural goods $232K
Raw materials & minerals $137K
Precious metals & jewellery $96K
Metals $42K
Wood & paper products $16K
Textiles & consumer goods $12K
Machinery & equipment $11K
Russia
Export category Export value
Raw materials & minerals $66.6M
Raw agricultural goods $26.6M
Metals $10.5M
Animal & marine products $8.83M
Wood & paper products $8M
Processed food, beverages & tobacco $6.09M
Chemicals & pharma $1.46M
Machinery & equipment $1.19M
Business & finance services $160K
Textiles & consumer goods $140K

Balance of trade

Ivory Coast Russia
Current account balance
-$3.89B
2024
$43.1B
2025
Current account balance ranking
156/190
2024
14/190
2025
Current account balance, % of GDP
-4.47%
2024
+1.68%
2025
Goods imports
$15.3B
2024
$305B
2025
Goods exports
$20.8B
2024
$422B
2025
Service imports
$6.63B
2024
$94.8B
2025
Service exports
$1.22B
2024
$46.3B
2025
Imports of goods and services, % of GDP
24.8%
2025
15.5%
2025
Exports of goods and services, % of GDP
29.8%
2025
18.2%
2025

Economic freedom indices

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

Ivory Coast Russia
Economic freedom 58.1 50.3
Economic freedom ranking 111/197 161/197
Property rights 43.9 18.6
Government integrity 39.3 22.8
Judicial effectiveness 30.2 22.8
Tax burden 81.6 81.9
Government spending 86.6 61.3
Fiscal health 48 94.4
Business freedom 68.3 51.4
Labor freedom 57.1 59.1
Monetary freedom 67.6 61.8
Trade freedom 74.4 69.4
Investment freedom 50 30
Financial freedom 50 30

Economic freedom comparison by year

Ivory Coast
Russia
1x
Year Economic freedom index
Ivory Coast Russia
2026 58.1 50.3
2025 57.8 51.6
2024 58.4 52
2023 60.4 53.8
2022 61.6 56.1
2021 61.7 61.5
2020 59.7 61
2019 62.4 58.9
2018 62 58.2
2017 63 57.1
2016 60 50.6
2015 58.5 52.1
2014 57.7 51.9
2013 54.1 51.1
2012 54.3 50.5
2011 55.4 50.5
2010 54.1 50.3
2009 55 50.8
2008 53.9 49.8
2007 54.9 52.2
2006 56.2 52.4
2005 56.6 51.3
2004 57.8 52.8
2003 56.7 50.8
2002 57.3 48.7
2001 54.8 49.8
2000 50.2 51.8
1999 51.7 54.5
1998 51.3 52.8
1997 50.5 48.6
1996 49.9 51.6
1995 53.4 51.1

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Ivory Coast is 58.1, ranking 111/197, compared to 50.3 for Russia, ranking 161/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Ivory Coast Russia
Services, % of GDP
51.2%
2025
58.9%
2025
Industry, % of GDP
23.9%
2025
29.7%
2025
Agriculture, forestry, and fishing, % of GDP
16.8%
2025
3.06%
2025
GNI, Atlas method
$91B
2025
$2.33T
2025
GNI per capita, PPP
$7,750
2025
$49,220
2025
Total reserves including gold n/a
$608B
2024
Total reserves ranking n/a
6/177
2024
Net foreign direct investment
-$2.89B
2024
-$12.4B
2025
Net inflows of foreign direct investment
$3.12B
2024
-$9.35B
2024
Net outflows of foreign direct investment
$228M
2024
-$170M
2024
Servicing debt to the IMF, % of GNI
6.47%
2024
2.63%
2024
Poverty at national poverty lines
37.5%
2021
7.2%
2024
Gross capital formation, % of GDP
19.3%
2025
25.9%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1885–1996, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2020–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.