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Economy of Ivory Coast vs Singapore compared: GDP & Debt

Updated on by Georank

Ivory Coast has a GDP of $99.8B compared to $604B for Singapore, ranking 77/197 and 28/197 by economy size, respectively.

Ivory Coast has $56.2B in government debt (56.3% of GDP), compared to $1.03T (171.3% of GDP) in Singapore.

Ivory Coast vs Singapore GDP by year

Ivory Coast
Singapore
1x
Year GDP, current $
Ivory Coast Singapore
2025 $99,773,555,666 $603,869,516,999
2024 $87,113,179,149 $572,877,260,178
2023 $80,780,312,569 $511,181,761,244
2022 $70,922,824,814 $514,252,535,239
2021 $72,794,636,654 $441,110,903,525
2020 $63,027,852,805 $351,226,533,656
2019 $60,382,894,697 $376,827,390,962
2018 $58,522,477,787 $377,976,367,877
2017 $52,512,343,997 $344,795,119,214
2016 $48,407,761,037 $320,759,207,439
2015 $45,815,005,169 $307,998,545,269
2014 $48,843,005,614 $314,863,580,758
2013 $42,760,235,485 $307,576,360,585
2012 $36,302,302,877 $295,092,888,077
2011 $36,693,710,801 $279,356,499,090
2010 $34,936,307,980 $239,807,980,591
2009 $33,886,813,250 $194,150,283,772
2008 $34,078,240,293 $193,617,323,539
2007 $28,760,090,953 $180,941,701,358
2006 $25,281,413,263 $148,627,286,361
2005 $24,036,918,703 $127,807,848,728
2004 $23,510,575,681 $115,033,593,101
2003 $21,251,754,340 $97,646,401,096
2002 $18,054,383,321 $92,538,372,870
2001 $16,810,537,044 $89,793,790,670
2000 $16,577,533,892 $96,076,539,926
1999 $18,870,992,456 $86,286,849,755
1998 $19,619,654,756 $85,728,207,782
1997 $18,047,558,038 $100,123,787,215
1996 $18,071,152,831 $96,293,086,513
1995 $11,000,146,267 $87,812,540,788
1994 $8,313,557,510 $73,688,724,431
1993 $11,045,760,288 $60,603,815,716
1992 $11,152,971,274 $52,131,320,033
1991 $10,492,628,581 $45,466,164,978
1990 $10,795,850,583 $36,144,336,769
1989 $9,757,410,645 $30,465,364,739
1988 $10,255,169,806 $25,371,462,488
1987 $10,087,654,465 $20,919,215,578
1986 $9,158,302,100 $18,586,746,057
1985 $6,977,650,644 $19,156,532,746
1984 $6,841,639,247 $19,749,361,098
1983 $6,838,184,773 $17,784,112,150
1982 $7,567,110,849 $16,084,252,378
1981 $8,432,589,942 $14,175,228,844
1980 $10,175,617,609 $11,896,256,783
1979 $9,142,933,967 $9,296,921,724
1978 $7,900,526,298 $7,517,176,355
1977 $6,265,068,189 $6,618,585,074
1976 $4,662,053,825 $6,327,077,974
1975 $3,893,839,190 $5,633,673,930
1974 $3,070,152,309 $5,221,534,956
1973 $2,508,421,426 $3,696,213,333
1972 $1,849,400,402 $2,721,440,981
1971 $1,584,128,509 $2,263,785,444
1970 $1,455,482,795 $1,920,574,150
1969 $1,361,360,293 $1,659,893,768
1968 $1,281,281,277 $1,425,706,091
1967 $1,082,922,725 $1,238,035,816
1966 $1,024,102,880 $1,096,425,608
1965 $919,771,229 $974,644,096
1964 $921,063,327 $894,153,311
1963 $761,047,198 $917,608,012
1962 $645,284,474 $826,239,212
1961 $618,245,634 $764,629,788
1960 $546,203,559 $704,751,700

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

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

GDP per capita in Ivory Coast vs Singapore by year

Ivory Coast
GDP per capita

GDP per capita, PPP
Singapore
GDP per capita

GDP per capita, PPP
1x
Year Current $
Ivory Coast Singapore
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $3,050 - $98,814 -
2024 $2,728 $7,669 $94,897 $150,689
2023 $2,592 $7,237 $86,383 $143,786
2022 $2,333 $6,719 $91,228 $143,095
2021 $2,456 $6,045 $80,885 $132,617
2020 $2,180 $5,544 $61,773 $101,518
2019 $2,142 $5,516 $66,069 $105,335
2018 $2,131 $4,946 $67,033 $103,963
2017 $1,964 $4,690 $61,436 $95,744
2016 $1,863 $4,531 $57,204 $89,902
2015 $1,815 $4,404 $55,646 $87,156
2014 $1,991 $4,074 $57,565 $84,555
2013 $1,786 $3,619 $56,967 $83,088
2012 $1,547 $3,291 $55,548 $82,108
2011 $1,597 $3,176 $53,891 $80,052
2010 $1,554 $3,361 $47,237 $75,401
2009 $1,540 $3,177 $38,927 $66,213
2008 $1,584 $3,116 $40,009 $67,735
2007 $1,368 $2,985 $39,433 $68,805
2006 $1,230 $2,942 $33,768 $64,061
2005 $1,198 $2,842 $29,961 $58,822
2004 $1,200 $2,794 $27,608 $54,384
2003 $1,111 $2,702 $23,730 $48,778
2002 $968 $2,851 $22,160 $45,083
2001 $925 $2,962 $21,700 $43,109
2000 $937 $3,041 $23,853 $43,781
1999 $1,096 $3,065 $21,797 $39,949
1998 $1,177 $3,086 $21,829 $37,560
1997 $1,125 $3,040 $26,376 $39,286
1996 $1,170 $2,832 $26,233 $36,873
1995 $740 $2,683 $24,915 $35,090
1994 $582 $2,551 $21,552 $33,058
1993 $804 $2,577 $18,290 $30,062
1992 $845 $2,625 $16,136 $27,022
1991 $827 $2,677 $14,502 $25,530
1990 $886 $2,693 $11,862 $23,815
1989 $833 - $10,395 -
1988 $910 - $8,914 -
1987 $930 - $7,539 -
1986 $877 - $6,800 -
1985 $695 - $7,002 -
1984 $709 - $7,228 -
1983 $737 - $6,633 -
1982 $849 - $6,078 -
1981 $986 - $5,597 -
1980 $1,238 - $4,928 -
1979 $1,157 - $3,901 -
1978 $1,039 - $3,194 -
1977 $856 - $2,846 -
1976 $661 - $2,759 -
1975 $575 - $2,490 -
1974 $474 - $2,342 -
1973 $406 - $1,685 -
1972 $313 - $1,264 -
1971 $280.3 - $1,071 -
1970 $269 - $926 -
1969 $262.2 - $813 -
1968 $256.8 - $709 -
1967 $225.6 - $626 -
1966 $221.8 - $567 -
1965 $207 - $517 -
1964 $215.5 - $486 -
1963 $185.1 - $511 -
1962 $163.1 - $472 -
1961 $162.3 - $449 -
1960 $148.7 - $428 -

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

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

Ivory Coast's GDP per capita is $3,050, ranking 145/197, compared to $98,814 in Singapore, ranking 7/197. Adjusted for purchasing power (GDP per capita PPP), Ivory Coast ranks 145th at $7,669, while Singapore ranks 2nd at $150,689.

Economic indicators

Ivory Coast Singapore
Gross domestic product
$99.8B
2025
$604B
2025
GDP rank
77/197
2025
28/197
2025
GDP growth
6.5%
2024-2025
5.03%
2024-2025
GDP per capita
$3,050
2025
$98,814
2025
GDP per capita rank
145/197
2025
7/197
2025
GDP per capita, PPP
$7,669
2024
$150,689
2024
GDP per capita PPP rank
145/197
2024
2/197
2024
Government debt
$56.2B
2025
$1.03T
2025
Debt-to-GDP ratio
56.3%
2025
171.3%
2025
Government debt per person
$1,718
2025
$169,228
2025
Government debt per person rank
124/185
2025
1/185
2025
Average annual personal income after taxes
$2,667
2026
$51,296
2026
Market capitalization of domestic companies
$7.33B
2020
$824B
2025
Number of millionaires n/a
244,000
2026
Number of billionaires n/a
55
2026
Income share by richest 10%
27.8%
2021
n/a
Income share by poorest 10%
3.1%
2021
n/a
Government expenditure, % of GDP
20.2%
2025
15.5%
2025
Consumer prices inflation
0.13%
2024-2025
0.9%
2024-2025
Unemployment rate
2.31%
2022
3.26%
2025
Population
33910252
6167445

Spending and national debt comparison by year

Ivory Coast
Spending

Debt
Singapore
Spending

Debt
1x
Year % of GDP
Ivory Coast Singapore
Government spending Government debt Government spending Government debt
2025 20.2% 56.3% 15.5% 171.3%
2024 20.4% 59.5% 14.3% 166%
2023 21% 56.7% 14.6% 170.4%
2022 21.9% 56% 14.9% 153.3%
2021 20.5% 50.2% 15.4% 139.9%
2020 20.4% 46.3% 24% 147.1%
2019 17.2% 37.2% 14% 127.7%
2018 17.6% 35.3% 13.9% 109.2%
2017 18.1% 32.6% 13.6% 107.3%
2016 17.6% 31.1% 15.2% 105.9%
2015 16.5% 29.2% 14.4% 102.1%
2014 15.2% 26.7% 12.6% 97.7%
2013 15.9% 24.6% 10.9% 98.2%
2012 16.1% 24.7% 9.83% 106.7%
2011 13.2% 50% 9.66% 103.1%
2010 14.5% 45.6% 10.2% 98.7%
2009 14.4% 46.5% 15.9% 101.7%
2008 14.6% 51.2% 14% 97.9%
2007 14.8% 53.5% 9.01% 87.8%
2006 14.5% 57.5% 12.3% 86.5%
2005 13.6% 58.2% 12.4% 92.7%
2004 13.5% 56.7% 14.1% 95.7%
2003 12.7% 56.4% 15.6% 99.1%
2002 13.1% 63% 15.9% 96.3%
2001 11.4% 71.2% 18.2% 94.5%
2000 12.9% 74% 16.1% 82.3%
1999 13.7% 78% 15.9% 85.3%
1998 14.6% 75.2% 18.1% 84.6%
1997 15.2% 84.2% 14.5% 70.8%
1996 - - 18.1% 71.3%
1995 - - 13.8% 69.8%
1994 - - 11.7% 70.7%
1993 - - 14.5% 71.2%
1992 - - 14.5% 79%
1991 - - 15.9% 76.4%
1990 - - 15.1% 73.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Ivory Coast's government spending was $20.1B, accounting for 20.2% of its GDP, while Singapore spent $93.3B, or 15.5% of GDP.

Debt-to-GDP ratio is 56.3% in Ivory Coast and 171.3% in Singapore, ranking 85/185 and 5/185, respectively.

Government deficit by year

Deficit/surplus
Ivory Coast

Singapore
1x
Year Deficit/surplus, % of GDP
Ivory Coast Singapore
2025 -3% 4.16%
2024 -3.96% 3.79%
2023 -5.12% 3.42%
2022 -6.74% 1.2%
2021 -4.88% 1.11%
2020 -5.42% -6.68%
2019 -2.22% 3.76%
2018 -2.9% 3.67%
2017 -3.27% 5.23%
2016 -2.98% 3.24%
2015 -2.04% 2.86%
2014 -1.57% 4.6%
2013 -1.62% 5.96%
2012 -2.28% 7.34%
2011 -2.89% 7.96%
2010 -1.34% 5.68%
2009 -1% -0.09%
2008 -0.21% 3.59%
2007 -0.39% 7.12%
2006 -1.03% 2.16%
2005 -1.03% 2.56%
2004 -1.04% 2.06%
2003 -1.26% 0.68%
2002 -0.64% 2.23%
2001 0.7% 1.2%
2000 -0.83% 4.59%
1999 -1.27% 5.2%
1998 -0.7% 2.41%
1997 -0.75% 5.66%
1996 - 1.98%
1995 - 4.8%
1994 - 7.9%
1993 - 4.36%
1992 - 2.7%
1991 - 0.68%
1990 - 1.97%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/ivory-coast/singapore | 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 Singapore's surplus of $25.1B, or 4.16% of GDP.

Over the past 29 years, Ivory Coast recorded a fiscal deficit in 28 of those years, while Singapore ran a deficit in 2 years. On average, Ivory Coast posted an annual deficit equal to 2.13% of GDP, compared to surplus of 3.33% of GDP for Singapore.

Inflation comparison by year

Inflation
Ivory Coast

Singapore
1x
Year Consumer prices inflation
Ivory Coast Singapore
2025 0.13% 0.9%
2024 3.45% 2.39%
2023 4.37% 4.83%
2022 5.23% 6.13%
2021 4.16% 2.32%
2020 2.41% -0.17%
2019 0.79% 0.57%
2018 0.4% 0.44%
2017 0.69% 0.58%
2016 0.72% -0.53%
2015 1.25% -0.52%
2014 0.45% 1.03%
2013 2.58% 2.36%
2012 1.3% 4.58%
2011 4.91% 5.25%
2010 1.23% 2.83%
2009 1.02% 0.59%
2008 6.31% 6.64%
2007 1.89% 2.11%
2006 2.47% 0.97%
2005 3.89% 0.43%
2004 1.46% 1.66%
2003 3.3% 0.51%
2002 3.08% -0.39%
2001 4.36% 1%
2000 2.53% 1.36%
1999 0.7% 0.02%
1998 4.61% -0.27%
1997 4.02% 2%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Ivory Coast has recorded an average annual inflation rate of 2.54%, compared with 1.71% in Singapore. In 2025, inflation was 0.13% in Ivory Coast and 0.9% in Singapore.

Top exports between countries

Ivory Coast
Export category Export value
Raw agricultural goods $10.7M
Textiles & consumer goods $1.81M
Raw materials & minerals $1.38M
Machinery & equipment $1.2M
Processed food, beverages & tobacco $1.13M
Animal & marine products $66K
Chemicals & pharma $42K
Metals $19K
Wood & paper products $2K
Precious metals & jewellery $1K
Singapore
Export category Export value
Machinery & equipment $16.2M
Metals $8.02M
Chemicals & pharma $6.27M
Wood & paper products $3.64M
Miscellaneous $2.97M
Raw materials & minerals $2.33M
Processed food, beverages & tobacco $582K
Textiles & consumer goods $365K
Animal & marine products $230K
Raw agricultural goods $39K

Balance of trade

Ivory Coast Singapore
Current account balance
-$3.89B
2024
$101B
2025
Current account balance ranking
156/190
2024
8/190
2025
Current account balance, % of GDP
-4.47%
2024
+16.7%
2025
Goods imports
$15.3B
2024
$475B
2025
Goods exports
$20.8B
2024
$652B
2025
Service imports
$6.63B
2024
$385B
2025
Service exports
$1.22B
2024
$422B
2025
Imports of goods and services, % of GDP
24.8%
2025
142.5%
2025
Exports of goods and services, % of GDP
29.8%
2025
177.9%
2025

Economic freedom indices

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

Ivory Coast Singapore
Economic freedom 58.1 84.4
Economic freedom ranking 111/197 1/197
Property rights 43.9 89.2
Government integrity 39.3 86.1
Judicial effectiveness 30.2 58.3
Tax burden 81.6 89.5
Government spending 86.6 93.4
Fiscal health 48 80
Business freedom 68.3 90.6
Labor freedom 57.1 77
Monetary freedom 67.6 83.5
Trade freedom 74.4 95
Investment freedom 50 90
Financial freedom 50 80

Economic freedom comparison by year

Ivory Coast
Singapore
1x
Year Economic freedom index
Ivory Coast Singapore
2026 58.1 84.4
2025 57.8 84.1
2024 58.4 83.5
2023 60.4 83.9
2022 61.6 84.4
2021 61.7 89.7
2020 59.7 89.4
2019 62.4 89.4
2018 62 88.8
2017 63 88.6
2016 60 87.8
2015 58.5 89.4
2014 57.7 89.4
2013 54.1 88
2012 54.3 87.5
2011 55.4 87.2
2010 54.1 86.1
2009 55 87.1
2008 53.9 87.3
2007 54.9 87.1
2006 56.2 88
2005 56.6 88.6
2004 57.8 88.9
2003 56.7 88.2
2002 57.3 87.4
2001 54.8 87.8
2000 50.2 87.7
1999 51.7 86.9
1998 51.3 87
1997 50.5 87.3
1996 49.9 86.5
1995 53.4 86.3

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

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

The Economic Freedom Index for Ivory Coast is 58.1, ranking 111/197, compared to 84.4 for Singapore, ranking 1/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Ivory Coast Singapore
Services, % of GDP
51.2%
2025
71.6%
2025
Industry, % of GDP
23.9%
2025
22.7%
2025
Agriculture, forestry, and fishing, % of GDP
16.8%
2025
0.02%
2025
GNI, Atlas method
$91B
2025
$500B
2025
GNI per capita, PPP
$7,750
2025
$135,750
2025
Total reserves including gold n/a
$432B
2025
Total reserves ranking n/a
11/177
2025
Net foreign direct investment
-$2.89B
2024
-$64.9B
2025
Net inflows of foreign direct investment
$3.12B
2024
$135B
2024
Net outflows of foreign direct investment
$228M
2024
$63.6B
2024
Servicing debt to the IMF, % of GNI
6.47%
2024
n/a
Poverty at national poverty lines
37.5%
2021
n/a
Gross capital formation, % of GDP
19.3%
2025
22.5%
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/singapore | 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 (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2022–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. 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.