Ivory Coast vs South Korea: Economic Indicators Comparison

South Korea with a GDP of $1.6T ranked the 12th largest economy in the world, while Ivory Coast ranked 90th with $43B. By GDP 5-years average growth and GDP per capita, South Korea and Ivory Coast ranked 93rd vs 3rd and 33rd vs 152nd, respectively.

Gross Domestic Product & Income

StatIvory CoastSouth Korea
GDP$43B$1.6T
GDP growth, 1 year7.4%2.7%
GDP growth, 5-years average8.1%3%
Population24.3M51.5M
GDP per capita$1.7k$31k
GDP per capita growth4.73%2.33%
Purchasing Power Parity conversion factor226.61860.51
Price level ratio of PPP conversion factor GDP to market exchange rate0.410.78
GDP per capita, PPP adjusted$4.2k$41k
GNI, Atlas method$40.2B$1.6T
GNI per capita$1.6k$31k
GNI, PPP adjusted$100.8B$2.1T
GNI per capita, PPP adjusted$4k$40k

Financial system and Human development

StatIvory CoastSouth Korea
Income Tax Rate36%42%
Corporate Tax Rate25%25%
Inflation, consumer prices0.3%1.5%
Inflation, GDP deflator0.4%0.3%
Unemployment2.5%3.8%
Economic Freedom Index59.774
Personal Freedom Index6.268.84
Human Freedom Index5.958.15
Property Rights Index48.582.5
Judical Effectiveness Index3361
Business Freedom Index62.390.5
Fiscal Health Index66.996.7
Labor Freedom Index49.256.2
Investment Freedom Index7570
Financial Freedom Index5070
Trade Freedom Index69.480
Monetary Freedom Index75.782.1
Government Spending Index82.567.7
Tax Burden Index77.863.9
Government Integrity Index25.567.5
Corruption Perceptions Index3557
Life expectancy at birth, years5782.6
Suicide mortality rate, per 100,000 people14.526.9
Mortality caused by road traffic injury, per 100,000 people23.69.8
Intentional homicides, per 100,000 people11.80.6
International tourism, number of arrivals2M15.3M

Government debt & reserves

StatIvory CoastSouth Korea
Central government debt, % of GDP52.2%40.7%
External debt stocks, % of GNI37.9%N/A
External debt stocks$15.7BN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary income17.1%N/A
Adjusted net savings including particulate emission damage, % of GNI16.6%20.1%
Gross savings, % of GDP14.6%34.7%
Gross capital formation, % of GDP19.8%30.2%
Total reserves including goldN/A$403.1B
Foreign direct investment net inflows$912.9M$14.5B

Exports, imports and economic structure

StatIvory CoastSouth Korea
Exports of goods and services, % of GDP29.8%44%
Imports of goods and services, % of GDP29.2%39%
Current account balance (balance of payments)-$1B$76.4B
Revenue excluding grants, % of GDP16.5%27.8%
Grants excluding technical cooperation, BoP$726.9M$6.7M
Personal remittances received$325.3M$7.1B
Industry including construction value added, % of GDP25.2%35.1%
Agriculture, forestry and fishing value added, % of GDP19.8%2%
Charges for the use of intellectual property, payments BoP$3.1M$9.9B
Charges for the use of intellectual property, receipts BoP$1.6M$7.8B
Expense, % of GDP20.6%25.4%
Government Expenditure, % of GDP24.2%32.8%

Compare with countries close by GDP per capita

Ivory Coast vs

CountryGDP
per capita
Population
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M

South Korea vs

CountryGDP
per capita
Population
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k