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]
Definition: Economy > Aid as % of GDP
Debt > External	$13,790,000,000.00		[72nd of 136]
Definition: Economy > Debt > External
Distribution of family income > Gini index	44.6		[6th of 43]
Definition: Economy > Distribution of family income > Gini index
Economic freedom	1.95		[85th of 156]
Definition: Economy > Economic freedom
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.
Definition: Economy > Economy > Overview
Exports	$8,476,000,000.00		[84th of 189]
Definition: Economy > Exports
GDP	$17,483,990,000.00		[82nd of 203]
Definition: Economy > GDP
GDP > PPP	$25,183,000,000.00		[91st of 163]
Definition: Economy > GDP > PPP
GDP > Real growth rate	1.6%		[171st of 198]
Definition: Economy > GDP > Real growth rate
GDP per capita in 1950	$859.00		[44th of 52]
Definition: Economy > GDP per capita in 1950
GDP per capita in 1973	$1,727.00		[41st of 52]
Definition: Economy > GDP per capita in 1973
GINI index	44.58		[10th of 40]
Definition: Economy > GINI index
Gross National Income	$10,258,500,000.00		[76th of 172]
Definition: Economy > Gross National Income
Human Development Index	0.42		[164th of 178]
Definition: Economy > Human Development Index
Income category	Low income
Definition: Economy > Income category
Income distribution > Richest 10%	28.8%		[65th of 114]
Definition: Economy > Income distribution > Richest 10%
Population below poverty line	42%		[5th of 46]
Definition: Economy > Population below poverty line
Public debt	75.2 % of GDP		[15th of 121]
Definition: Economy > Public debt
Tourist arrivals	274,000		[90th of 152]
Definition: Economy > Tourist arrivals

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