Africa > Côte d'Ivoire > Economy

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Agriculture > products coffee, cocoa beans, bananas, palm kernels, corn, rice, manioc, sweet potatoes, sugar, cotton, rubber; timber
Aid as % of GDP	3.8%		[56th of 129]
Source: CIA World Factbook, 28 July 2005
Debt > External	$13,790,000,000.00		[72nd of 136]
Source: calculated on the basis of data on ODA from OECD (Organisation for Economic Co-operation and Development), Development Assistance Committee. 2002. DAC Online. Database. Paris.; and data on GDP from World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC
Distribution of family income > Gini index	44.6		[6th of 43]
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008
Economic freedom	1.95		[85th of 156]
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008
Economy > Overview Cote d'Ivoire is the world's largest producer and exporter of cocoa beans and a significant producer and exporter of coffee and palm oil. Consequently, the economy is highly sensitive to fluctuations in international prices for these products, and, to a lesser extent, in climatic conditions. Despite government attempts to diversify the economy, it is still heavily dependent on agriculture and related activities, engaging roughly 68% of the population. Since 2006, oil and gas production have become more important engines of economic activity than cocoa. According to IMF statistics, earnings from oil and refined products were $1.3 billion in 2006, while cocoa-related revenues were $1 billion during the same period. Cote d'Ivoire's offshore oil and gas production has resulted in substantial crude oil exports and provides sufficient natural gas to fuel electricity exports to Ghana, Togo, Benin, Mali and Burkina Faso. Oil exploration by a number of consortiums of private companies continues offshore, and President GBAGBO has expressed hope that daily crude output could reach 200,000 barrels per day (b/d) by the end of the decade. Since the end of the civil war in 2003, political turmoil has continued to damage the economy, resulting in the loss of foreign investment and slow economic growth. GDP grew by 1.8% in 2006 and 1.7% in 2007. Per capita income has declined by 15% since 1999.
Source: The Heritage Foundation
Exports	$8,476,000,000.00		[84th of 189]
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008
GDP	$17,483,990,000.00		[82nd of 203]
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008
GDP > PPP	$25,183,000,000.00		[91st of 163]
Source: World Development Indicators database and CIA World Factbook
GDP > Real growth rate	1.6%		[171st of 198]
Source: World Bank. 2005. World Development Indicators 2005.
GDP per capita in 1950	$859.00		[44th of 52]
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008
GDP per capita in 1973	$1,727.00		[41st of 52]
Source: Angus Maddison
GINI index	44.58		[10th of 40]
Source: Angus Maddison
Gross National Income	$10,258,500,000.00		[76th of 172]
Source: World Development Indicators database
Human Development Index	0.42		[164th of 178]
Income category	Low income
Source: Human Development Report 2006, United Nations Development Programme
Income distribution > Richest 10%	28.8%		[65th of 114]
Source:
Population below poverty line	42%		[5th of 46]
Source: World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC
Public debt	75.2 % of GDP		[15th of 121]
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008
Tourist arrivals	274,000		[90th of 152]
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008

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