Ivory Coast

Quick Facts

🇨🇮
Capital:
Yamoussoukro
Official Language(s):
French
Currency:
West African CFA franc (Fr)
Population:
26,378,275

Overview

Ivory Coast, also known as Côte d'Ivoire and officially the Republic of Côte d'Ivoire, is a country on the southern coast of West Africa. Its capital city of Yamoussoukro is located in the centre of the country, while its largest city and economic centre is the port city of Abidjan. It borders Guinea to the northwest, Liberia to the west, Mali to the northwest, Burkina Faso to the northeast, Ghana to the east, and the Atlantic Ocean's Gulf of Guinea to the south. With 31.5 million inhabitants in 2024, Ivory Coast is the third-most populous country in West Africa. Its official language is French, and indigenous languages are also widely used, including Bété, Baoulé, Dyula, Dan, Anyin, and Cebaara Senufo. In total, there are around 78 languages spoken in Ivory Coast. The country has a religiously diverse population, including numerous followers of Islam, Christianity, and traditional faiths often entailing animism.

Institutional Framework

The strength of a country's institutions directly impacts its economic development and stability. Strong institutions reduce uncertainty, protect property rights, and enable efficient markets through:
  • Rule of law and contract enforcement
  • Control of corruption
  • Government effectiveness and regulatory quality

* Indicators normalized to 0-100 scale

Economic Structure

The composition of an economy reveals its strengths, vulnerabilities, and potential for growth. Understanding the balance between sectors (agriculture, industry, services) and their sophistication helps assess economic resilience and development opportunities.

Economic Health & Trade

Economic Scale & Power

An economy with $72,794,636,653.779B(2021) GDP, showing strong growth at 7.1%(2021). Emerging economy with development potential.

GDP Growth
7.1%(2021)
GDP PPP
$179,178,274,483.428

Economic Structure

Economic structure shows 54.1%(2021) in services, 22.1%(2021) in industry, and 16.2%(2021) in agriculture. Balanced economic structure.

Economic Health & Trade

Economic health indicators show 2.6%(2021) unemployment and 4.1%(2021) inflation. Trade profile with 22.3%(2021) exports and 22.8%(2021) imports as % of GDP.

Unemployment
2.6%(2021)
Inflation
4.1%(2021)
Exports/GDP
22.3%(2021)
Imports/GDP
22.8%(2021)

Innovation & Competitiveness

Innovation capacity determines a country's ability to compete in the global knowledge economy. Key indicators like R&D investment, patent applications, and high-tech exports reveal the potential for sustainable economic growth and value creation.

High-Tech Exports

3.9

% of manufactured exports

ICT Exports

N/A

% of total goods exports

Digital Adoption

38.8

% of population using internet

Mobile Connectivity

162.2

Subscriptions per 100 people

Manufacturing Value

13.4

% of GDP

International Position

A country's integration into global markets affects its economic opportunities and risks. Trade relationships, financial flows, and geographic advantages or constraints shape its development trajectory and resilience to external shocks.

Financial & Trade Geography

Trade Profile

Trade represents 45.11%(2021) of GDP, with a trade balance of -0.52%(2021).

FDI Inflows
1.91%(2021)
FDI Outflows
0.39%(2021)

Financial Security

External Debt

42.79%(2021)

Foreign Reserves

N/A(N/A months of imports)

Supply Chain & Technology

Technology Trade

ICT Imports
N/A
High-Tech Exports
3.86%(2021)

Economic Structure

Manufacturing
13.40%(2021)
Services
54.10%(2021)

Trade Agreements & Dependencies

Trade Agreements

No major trade agreements

Critical Dependencies

    Growth Trajectory

    Understanding growth patterns helps predict future economic performance and development challenges. Key factors include productivity trends, investment levels, and structural transformation progress, which together determine long-term prosperity potential.

    Growth Potential Indicators

    Human Capital

    Education and workforce development

    30.7/100

    Trade Position

    International trade and competitiveness

    11.2/100

    Economic Structure

    Sectoral balance and sophistication

    32.3/100

    Demographics & Human Capital

    Demographics are fundamental to understanding a country's economic potential and challenges. The population structure influences everything from labor force availability to social security systems and public spending priorities.

    Demographics

    Population Overview

    Total population of 29,639,736(2021) with 2.5%(2021) annual growth. Median age is N/A with fertility rate at 4.418 births/woman(2021).

    Life Expectancy
    58.598 years(2021)
    Birth Rate
    33.934 per 1,000(2021)

    Age Structure

    Working-age population (55.5%(2021)) with youth at 42.0%(2021) and elderly at 2.5%(2021). Total dependency ratio: 80.1%(2021).

    Young Dependency
    75.6%(2021)
    Old Dependency
    4.5%(2021)

    Gender & Migration

    Population is 49.0%(2021) female and 51.0%(2021) male, with sex ratio of 1.03 males/female(2021) at birth. Net migration: 1,322(2021).

    Male Mortality
    362.548/1,000(2021)
    Female Mortality
    345.388/1,000(2021)

    Development Indicators

    Urban population growing at 3.4%(2021) annually, with 47.8%(2021) in rural areas. Literacy rate: 50.0%(2021).

    Urbanization
    52.2%(2021)
    Infant Mortality
    53.8 per 1,000(2021)

    Population Structure

    The population pyramid visualizes the age and gender distribution, revealing crucial insights about economic sustainability. A balanced pyramid with a strong working-age population (typically ages 15-64) indicates greater economic potential, as this group supports both the younger and older generations through:
    • Labor force participation and productivity
    • Tax contributions to support social services
    • Innovation and economic growth

    An aging population (top-heavy pyramid) or youth bulge (bottom-heavy) can create demographic pressures on social systems and economic stability.

    Source: World Bank Development Indicators

    Security Context

    Security considerations fundamentally affect economic development and investment attractiveness. Both geographic factors and military capabilities influence a country's stability and its ability to protect economic interests and maintain sustainable growth.

    Geographic & Resource Security

    Food & Agriculture

    Arable land comprises 13.4%(2021) of territory, with 84.4%(2021) total agricultural land. Cereal yield: 2,237.2 kg/hectare(2021).

    Food Production Index
    119.97(2021)
    Cereal Production
    2,956,948 MT(2021)

    Energy Security

    Net energy imports at N/A of consumption. Renewable energy makes up 71.1%(2021) of total. Electricity access: N/A.

    Resource Rents
    N/A

    Water Resources

    Fresh water resources of 1,348 m³/capita(2021) per person. Annual precipitation: 8.565 mm(2021).

    Forest Area
    0.9%(2021)

    Environmental Vulnerability

    2592.5%(2021) of population affected by climate disasters. Forest coverage at 0.9%(2021) providing natural buffer.

    Annual Rainfall
    8.565 mm(2021)

    Military & Security

    Military Capabilities

    Military expenditure at N/A of GDP. Armed forces personnel: 15,000,000(2021) ( N/A of labor force).

    Arms Exports
    4,349 USD(2021)
    Arms Imports
    N/A

    Strategic Status

    Military Alliances

    No major military alliances

    Nuclear Status

    Non-Nuclear State

    Security Environment

    Recorded 302,000(2021) battle-related deaths.Refugee population: 2,290,251(2021)Internally displaced: 2,135,610(2021)

    Strategic Geography

    Strategic Features

    • Borders 5 countries