Côte d'Ivoire
Description of Côte d'Ivoire
Côte d'Ivoire, situated in West Africa, is a country with a rich history and a promising future. Known for its vibrant culture, diverse population, and abundant natural resources, Côte d'Ivoire has shown resilience in overcoming challenges and embracing opportunities for growth and development. As a key player in the region's economy, this country holds immense potential for investment, trade, and strategic partnerships. Join us as we delve into the geopolitical and macroeconomic dynamics shaping Côte d'Ivoire's trajectory on the global stage.
Population And Age Structure
Côte d'Ivoire has a total population of 26,811,790, ranking 52 out of 194 countries. This is below the average global population of 40,097,746. The country's population aged 0-14, at 42.11% of the total population, is above the average of 27.34%. Côte d'Ivoire ranks 22 out of 194 countries for this statistic. However, its population aged 15-64, at 55.48% of the total population, is below the global average of 63.44%, placing it at 168 out of 194 countries. Additionally, the percentage of the population aged 65 and above in Côte d'Ivoire is 2.41%, well below the average of 9.22%. The country ranks 187 out of 194 in this category.
Summary
Côte d'Ivoire has a relatively young population, with a high percentage of individuals aged 0-14 compared to the global average. However, it has a lower percentage of individuals aged 15-64, indicating a potential demographic challenge in terms of workforce and productivity. The low percentage of the population aged 65 and above suggests a smaller elderly population that may impact healthcare and social support systems in the future.
Population Miscellaneous
- Côte d'Ivoire's Rural population is 12,948,486 which is below the average of 18,044,041. Among 190 countries, Côte d'Ivoire ranks 41st in terms of rural population.
- The Rural population (% of total population) in Côte d'Ivoire is 48.294%, which is above the average of 41.158%. The country ranks 68th out of 190 countries in this aspect.
- Côte d'Ivoire's Urban population stands at 13,863,304, below the average of 22,425,747. Among 194 countries, it ranks 51st in urban population.
- The Urban population (% of total population) in Côte d'Ivoire is 51.706%, below the average of 59.691%. The country holds the 127th rank out of 194 countries in this category.
- Côte d'Ivoire's Age dependency ratio (% of working-age population) is 80.24%, significantly higher than the average of 59.22%. It secures the 27th position out of 194 countries.
- The country's Birth rate is 34.197 per 1,000 people, much higher than the average of 19.384. Côte d'Ivoire ranks 20th out of 192 countries in terms of the crude birth rate.
- Côte d'Ivoire's Death rate is 8.817 per 1,000 people, slightly above the average of 8.214. It holds the 66th rank out of 192 countries in this aspect.
- The Fertility rate in Côte d'Ivoire is 4.472 births per woman, higher than the average of 2.603. The country ranks 21st among 190 countries based on the total fertility rate.
Summary
In summary, Côte d'Ivoire has a higher rural population percentage, a lower urban population percentage, a higher age dependency ratio, and higher birth and fertility rates compared to global averages. These statistics indicate a predominantly rural population with a significant youth demographic and high fertility rates, which can impact the country's social services, healthcare, education, and overall development strategies.
Military
1. Military expenditure (current USD): Côte d'Ivoire's military expenditure stands at 607,155,889.97 USD, which is significantly below the average of 12,904,993,617.17 USD. The country ranks at 81 out of 149 countries in terms of military expenditure.
2. Military expenditure (% of GDP): Côte d'Ivoire's military expenditure as a percentage of GDP is 0.99%, which is below the average of 1.90%. The country holds the 113th position out of 148 countries in this aspect.
3. Arms imports (SIPRI trend indicator values): Côte d'Ivoire's arms imports are 3,000,000 USD, much lower than the average of 205,522,123.89 USD. The country ranks 99th out of 113 countries in arms imports.
4. Armed forces personnel, total: Côte d'Ivoire has a total of 27,000 armed forces personnel, significantly lower than the average of 165,908.54 personnel. The country ranks 91st out of 164 countries in total armed forces personnel.
5. Armed forces personnel (% of total labor force): Côte d'Ivoire's armed forces personnel as a percentage of the total labor force is 0.27%, below the average of 1.28%. The country ranks 147th out of 164 countries in this metric.
Summary
Côte d'Ivoire's military expenditure, both in absolute terms and as a percentage of GDP, falls below global averages. The country also has relatively low arms imports, a smaller number of armed forces personnel, and a lower proportion of military personnel compared to the total labor force. These indicators suggest that Côte d'Ivoire prioritizes other areas of development over military expansion, which may positively impact its economic growth and stability.
Natural Resources
In terms of Forest area (sq. km), Côte d'Ivoire has 28,367.1 which is below the average of 211,606.11 sq. km. This places Côte d'Ivoire at rank 91 out of 191 countries.
With a Land area (sq. km) of 318,000, Côte d'Ivoire falls below the average of 665,166.51 sq. km, ranking 66 out of 194 countries.
Côte d'Ivoire's Surface area (sq. km) of 322,460 is also below the average of 689,779.56 sq. km, putting the country at rank 68 out of 194.
Regarding Arable land (hectares), Côte d'Ivoire's value of 3,500,000 is lower than the average of 7,329,543.16 hectares, ranking the country 61 out of 190.
Land under cereal production (hectares) in Côte d'Ivoire is 1,291,849, falling below the average of 4,206,011.63 hectares and placing the country at rank 71 out of 174 countries.
Côte d'Ivoire's Average precipitation in depth (mm per year) is 1,348, slightly above the average of 1,157.83 mm per year, positioning the country at rank 64 out of 178.
For Renewable internal freshwater resources, total (billion cubic meters), Côte d'Ivoire has 76.84, below the average of 240.41 billion cubic meters, ranking 65 out of 178 countries.
Summary
Côte d'Ivoire exhibits lower values than the global averages in various key macroeconomic indicators such as forest area, land area, arable land, land under cereal production, average precipitation, and renewable internal freshwater resources. These rankings suggest that Côte d'Ivoire may face challenges in terms of land usage, agricultural productivity, and water resources management compared to many other countries worldwide.
Resource Rents
Total natural resources rents (% of GDP): Côte d'Ivoire's value for this attribute is 2.59%, which is below the average of 4.63%. The country ranks 74 out of 175 countries in this dataset.
Forest rents (% of GDP): Côte d'Ivoire's value for this attribute is 1.32%, slightly below the average of 1.53%. The country ranks 46 out of 174 countries in this dataset.
Oil rents (% of GDP): Côte d'Ivoire's value for this attribute is 0.37%, significantly below the average of 2.51%. The country ranks 46 out of 117 countries in this dataset.
Natural gas rents (% of GDP): Côte d'Ivoire's value for this attribute is 0.18%, below the average of 1.25%. The country ranks 45 out of 96 countries in this dataset.
Mineral rents (% of GDP): Côte d'Ivoire's value for this attribute is 0.72%, below the average of 1.23%. The country ranks 29 out of 86 countries in this dataset.
Summary
Côte d'Ivoire generally has lower natural resource rents as a percentage of its GDP compared to the global average across different categories such as total natural resources, forest, oil, natural gas, and minerals. While this may indicate a lesser reliance on resource extraction for economic output, it also suggests potential underutilization or untapped potential in leveraging these resources for economic development and growth.
Commodities
Analysis of Key Agricultural Production and Usage Statistics in Côte d'Ivoire:
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Cereal production (metric tons): Côte d'Ivoire produced 2,817,182 metric tons of cereals. This is below the average cereal production of 17,249,945.92 metric tons, ranking 82nd out of 174 countries.
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Aquaculture production (metric tons): The country's aquaculture production stands at 5,420 metric tons, significantly lower than the average of 679,642.92 metric tons. Côte d'Ivoire ranks 92nd out of 180 countries in this aspect.
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Capture fisheries production (metric tons): Côte d'Ivoire produced 103,116.38 metric tons from capture fisheries, below the average of 467,453.06 metric tons. It ranks 77th out of 190 countries for this metric.
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Total fisheries production (metric tons): The country's total fisheries production is 108,536.38 metric tons, significantly lower than the average of 1,153,914.85 metric tons. Côte d'Ivoire ranks 78th out of 182 countries in this category.
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Fertilizer consumption (kilograms per hectare of arable land): Côte d'Ivoire's fertilizer consumption is 45.63 kilograms per hectare, below the average consumption of 159.04 kilograms per hectare. The country ranks 124th out of 187 countries in fertilizer usage.
Summary
In analyzing key agricultural production and usage statistics in Côte d'Ivoire, it is evident that the country lags behind global averages in various areas. The country's production of cereals, aquaculture, capture fisheries, and total fisheries falls significantly below the global averages, leading to lower rankings when compared to other countries. Particularly concerning is the low fertilizer consumption per hectare of arable land, where Côte d'Ivoire ranks 124th out of 187 countries. This indicates a potential inefficiency in agricultural practices and highlights the need for improved agricultural technology and practices to enhance productivity and food security in the country.
Intellectual Property
For Scientific and technical journal articles, Côte d'Ivoire's value is 241.01, which is significantly below the attribute average of 15103.76. The country is ranked 114 out of 192 countries in this dataset.
Regarding Charges for the use of intellectual property, payments (BoP, current US$), Côte d'Ivoire has a value of 11,428,526.66, well below the attribute average of 3,218,349,4.39. The country holds the 99th position out of 143 countries in this category.
Summary
Côte d'Ivoire's performance in scientific and technical journal articles and charges for the use of intellectual property payments is below the attribute averages, ranking 114th out of 192 countries and 99th out of 143 countries respectively. These indicators are crucial as they reflect the country's investment in research and development, innovation, and protection of intellectual property rights, which are vital for long-term economic growth and competitiveness in the global market.
Broad Economy Attributes
Côte d'Ivoire's GDP (current US$) stands at $62.98 billion, which is below the average GDP of $442.87 billion. The country ranks 73 out of 189 countries in this metric.
In terms of GDP, PPP (current international $), Côte d'Ivoire's value of $144.18 billion is also below the average of $734.14 billion. The country ranks 76 out of 181 countries in this category.
Côte d'Ivoire's GDP per capita (current US$) is $2349.07, significantly lower than the average of $15462.11. The country ranks 138 out of 190 countries in this aspect.
Similarly, in GDP per capita, PPP (current international $), Côte d'Ivoire's value is $5377.39, below the average of $21251.89. The country ranks 132 out of 181 countries.
Moving on to GNI (current US$), Côte d'Ivoire's value is $61.14 billion, below the average of $452.04 billion. The country ranks 71 out of 185 countries.
In terms of GNI, PPP (current international $), Côte d'Ivoire's value of $139.95 billion is also below the average of $730.70 billion. The country is ranked 76 out of 181 countries.
Finally, the GNI per capita, PPP (current international $) for Côte d'Ivoire is $5220, again below the average of $20615.75. The country ranks 133 out of 181 countries in this parameter.
Summary
Côte d'Ivoire lags behind the global average and ranks lower in key macroeconomic indicators such as GDP, GDP per capita, GNI, and GNI per capita. These statistics indicate that the country may face challenges in economic development, income generation, and overall prosperity compared to the global average. Addressing these gaps could be crucial for Côte d'Ivoire to improve its economic outlook, enhance living standards for its citizens, and strive towards sustainable growth and development.
Broad Value Added
- Gross value added at basic prices (GVA) (current US$): Côte d'Ivoire's GVA is $58.47 billion, below the average of $360.07 billion. The country ranks 67th out of 176 countries in this attribute.
- Agriculture, forestry, and fishing, value added (% of GDP): Côte d'Ivoire contributes 19.09% of GDP to this sector, above the average of 10.86%. It ranks 40th out of 182 countries in this category.
- Agriculture, forestry, and fishing, value added (current US$): The country's value is $12.03 billion, below the average of $19.92 billion, ranking 42nd out of 182 nations.
- Services, value added (% of GDP): Côte d'Ivoire's contribution is 52.73% to GDP, below the average of 56.72%. The country ranks 122nd out of 183 countries in this respect.
- Services, value added (current US$): The country's value is $33.21 billion, below the average of $295.84 billion, and it ranks 76th out of 183 countries.
- Industry (including construction), value added (current US$): Côte d'Ivoire's value is $13.23 billion, significantly below the average of $118.42 billion, ranking 83rd out of 183 countries.
Summary
Côte d'Ivoire's economy shows strengths in the agriculture, forestry, and fishing sector, contributing above-average percentages to GDP compared to global averages. However, the country's GVA and value added in other sectors such as services and industry are below global averages. These indicators are important as they highlight Côte d'Ivoire's economic structure, emphasizing a significant reliance on the agriculture sector and potential areas for diversification and growth in other industries to enhance economic resilience and competitiveness on a global scale.
Manufacturing Value Added
Côte d'Ivoire's Manufacturing, value added (current US$) is $7,686,079,865.28, which is significantly lower than the average of $76,207,179,589.66. The country ranks 70th out of 173 countries in this attribute.
The percentage of Manufacturing value added to GDP in Côte d'Ivoire is 12.20%, slightly above the average of 11.90%. The country ranks 81st out of 173 countries for this indicator.
Côte d'Ivoire lags behind in Medium and high-tech manufacturing value added (% of manufacturing value added) at 14.99%, compared to the average of 24.49%. This places the country at 97th out of 149 countries in this metric.
Summary
Côte d'Ivoire's manufacturing sector seems to be underperforming compared to the global average, as seen in the lower value added figures and rankings in both overall manufacturing and medium and high-tech manufacturing. The country's GDP could potentially benefit from a stronger manufacturing base, given the importance of this sector in driving economic growth and creating employment opportunities. Addressing the disparities in manufacturing value added could lead to increased economic diversification, productivity, and competitiveness for Côte d'Ivoire in the long term.
Money
When looking at Inflation, consumer prices, Côte d'Ivoire has a rate of 2.43%, which is below the average of 8.26%. This places Côte d'Ivoire at a rank of 76 out of 165 countries.
For Inflation, GDP deflator, Côte d'Ivoire's rate is 1.53%, also below the average of 6.90%. This places Côte d'Ivoire at a rank of 111 out of 188 countries.
In terms of Broad money growth, Côte d'Ivoire experiences a growth rate of 21.10%, which is above the average of 18.03%. This places Côte d'Ivoire at a rank of 25 out of 139 countries.
Lastly, looking at Broad money (% of GDP), Côte d'Ivoire's percentage is 35.98%, significantly below the average of 71.75%. This places Côte d'Ivoire at a rank of 110 out of 139 countries.
Summary
Côte d'Ivoire displays a relatively low inflation rate for both consumer prices and GDP deflator compared to global averages, positioning the country at a mediocre rank globally. However, Côte d'Ivoire showcases robust growth in broad money, surpassing the international average and securing a higher rank. Despite this, the country's broad money as a percentage of GDP falls significantly below the global average, indicating potential limitations in its monetary policy effectiveness and economic development.
These macroeconomic indicators are crucial for assessing Côte d'Ivoire's economic stability, monetary policy effectiveness, and overall economic performance compared to other countries globally. Understanding these indicators can help policymakers, investors, and analysts make informed decisions regarding investments, monetary policy adjustments, and economic development strategies in Côte d'Ivoire.
Consumption Expenditure
Final consumption expenditure (current US$): Côte d'Ivoire's value of $49,959,519,124.31 is significantly below the average of $381,630,252,515.38, ranking 70th out of 159 countries.
Final consumption expenditure (% of GDP): Côte d'Ivoire's value of 79.32% is below the average of 82.37%, ranking 85th out of 159 countries.
General government final consumption expenditure (current US$): Côte d'Ivoire's value of $6,569,945,473.60 is well below the average of $93,676,578,238.03, ranking 80th out of 158 countries.
General government final consumption expenditure (% of GDP): Côte d'Ivoire's value of 10.43% is lower than the average of 18.71%, ranking 136th out of 158 countries.
Household and NPISHs Final consumption expenditure (current US$): Côte d'Ivoire's value of $43,389,573,650.70 is below the average of $290,127,571,157.69, ranking 65th out of 158 countries.
Households and NPISHs final consumption expenditure (% of GDP): Côte d'Ivoire's value of 68.89% is above the average of 63.68%, ranking 61st out of 158 countries.
Summary
Côte d'Ivoire's final consumption expenditure in both current US dollars and as a percentage of GDP is notably below the global averages, indicating a relatively lower level of domestic consumption and government spending compared to other countries. However, the household and NPISHs final consumption expenditure as a percentage of GDP is higher than the average, suggesting a relatively higher contribution of households and non-profit institutions to the economy. These indicators are crucial as they reflect the country's economic activity, government spending priorities, and the role of households in driving economic growth.
Equities
1. Listed domestic companies, total: Côte d'Ivoire has 46 listed domestic companies, which is significantly below the average of 636.625 listed companies. The country ranks 52 out of 72 countries in this dataset.
2. Stocks traded, total value (current US$): The total value of stocks traded in Côte d'Ivoire is 169,100,000 USD, a substantial deviation from the average value of 1,379,501,820.91 USD. The country is ranked 57 out of 71 countries.
3. Stocks traded, total value (% of GDP): Côte d'Ivoire's stocks traded represent 0.27% of its GDP, notably lower than the average of 31.65%. The country ranks 60 out of 71 nations in this aspect.
4. Market capitalization of listed domestic companies (current US$): The market capitalization of listed domestic companies in Côte d'Ivoire is 7,331,390,000 USD, significantly below the average of 1,196,037,851,618.88 USD. The country ranks 58 out of 73 countries.
5. Market capitalization of listed domestic companies (% of GDP): Côte d'Ivoire's market capitalization of listed domestic companies accounts for 11.64% of its GDP, well below the average of 71.24%. The country is ranked 64 out of 73 nations.
6. S&P Global Equity Indices (annual % change): Côte d'Ivoire's S&P Global Equity Indices show an annual change of 2.96%, higher than the average of 2.06%. The country ranks 35 out of 79 countries in this indicator.
Summary
Côte d'Ivoire exhibits a relatively low presence in the stock market with a small number of listed domestic companies, low total value of stocks traded, and a market capitalization significantly below the average. These indicators suggest a less developed and less mature stock market compared to the average among the listed countries. This can impact the country's ability to attract investment, raise capital, and foster economic growth as a robust stock market is often considered a vital component of a healthy economy for efficient allocation of resources and investment opportunities.
Investment
Foreign direct investment, net (BoP, current US$): Côte d'Ivoire's value of -711,587,318.05 is below the average of -1,615,235,980.51. It ranks 100 out of 169 countries in the dataset.
Foreign direct investment, net inflows (BoP, current US$): Côte d'Ivoire's value of 712,915,894.48 is below the average of 5,749,271,080.15. It ranks 84 out of 182 countries in the dataset.
Foreign direct investment, net inflows (% of GDP): Côte d'Ivoire's value of 1.13% is below the average of 2.61%. It ranks 114 out of 178 countries in the dataset.
Foreign direct investment, net outflows (BoP, current US$): Côte d'Ivoire's value of 1,328,576.43 is below the average of 5,707,991,116.07. It ranks 110 out of 156 countries in the dataset.
Foreign direct investment, net outflows (% of GDP): Côte d'Ivoire's value of 0.0021% is below the average of 1.00%. It ranks 115 out of 155 countries in the dataset.
Portfolio Investment, net (BoP, current US$): Côte d'Ivoire's value of -486,304,753.43 is below the average of 679,559,169.57. It ranks 120 out of 159 countries in the dataset.
Portfolio investment, bonds (PPG + PNG) (NFL, current US$): Côte d'Ivoire's value of 477,999,000 is below the average of 4,134,263,915.25. It ranks 27 out of 59 countries in the dataset.
Portfolio equity, net inflows (BoP, current US$): Côte d'Ivoire's value of 20,849,047.59 is below the average of 9,197,145,994.70. It ranks 39 out of 125 countries in the dataset.
Summary
Côte d'Ivoire shows below-average values in various key macroeconomic indicators related to foreign direct investment and portfolio investment. This signifies a lower level of external financial inflows and outflows compared to the average seen across analyzed countries. These indicators are important as they reflect Côte d'Ivoire's attractiveness to foreign investors, its integration into global financial markets, and its ability to mobilize capital for economic development.
Debt
In terms of Total debt service (% of GNI), Côte d'Ivoire's value is 4.01%, which is below the average of 5.98%. The country ranks 61 out of 120 countries in this attribute.
For Public and publicly guaranteed debt service (% of GNI), Côte d'Ivoire's value is 3.10%, slightly above the average of 2.84%. The country holds the 44th position out of 120 countries.
Regarding External debt stocks (% of GNI), Côte d'Ivoire's value of 41.29% is below the average of 65.42%. The country ranks 74 out of 120 countries in this aspect.
When considering Debt service on external debt, total (TDS, current US$), Côte d'Ivoire's value of $2,453,462,695 is significantly below the average of $9,811,195,839.23. The country ranks 43 out of 123 countries.
For Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$), Côte d'Ivoire's value is $1,897,276,845.9, below the average of $3,310,612,057.60. The country holds the 35th position out of 123 countries.
Concerning External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$), Côte d'Ivoire's value is $20,151,652,048.4, which is below the average of $28,695,879,144.98. The country ranks 36 out of 123 countries.
In terms of External debt stocks, private nonguaranteed (PNG) (DOD, current US$), Côte d'Ivoire's value of $990,722,669.1 is significantly below the average of $33,734,699,285.22. The country ranks 69 out of 91 countries for this attribute.
Lastly, for External debt stocks, total (DOD, current US$), Côte d'Ivoire's value is $25,245,720,344.7, well below the average of $73,845,530,111.82. The country ranks 45 out of 123 countries in this category.
Summary
Côte d'Ivoire performs relatively well in terms of total debt service, public and publicly guaranteed debt service, and external debt indicators compared to global averages. The country ranks within the top half across different debt-related metrics such as debt service on external debt and external debt stocks. These statistics are crucial as they demonstrate Côte d'Ivoire's ability to manage its debt obligations effectively, maintain financial stability, and potentially attract further investment for economic growth and development.
Broad Trade Attributes
Trade (% of GDP): Côte d'Ivoire's trade as a percentage of GDP is 41.11%, which is below the average of 82.34%. This places Côte d'Ivoire at the 138th rank out of 163 countries in the dataset.
Merchandise trade (% of GDP): With merchandise trade accounting for 36.49% of its GDP, Côte d'Ivoire falls below the average of 60.01%. The country is ranked 147th out of 186 countries in this category.
Trade in services (% of GDP): Côte d'Ivoire's trade in services is at 6.15% of GDP, lower than the average of 24.63%. This places the country at the 150th rank out of 171 countries.
External balance on goods and services (current US$): Côte d'Ivoire has an external balance of $571,594,163.03, below the average of $3,405,509,011.13. The country ranks 53rd out of 163 nations in this aspect.
External balance on goods and services (% of GDP): Côte d'Ivoire's external balance as a percentage of GDP is 0.91%, above the average of -5.97%. This places the country at the 57th rank out of 163 countries.
Summary
Côte d'Ivoire has below-average trade, merchandise trade, and trade in services as percentages of GDP, ranking 138th, 147th, and 150th, respectively, out of the countries analyzed. However, the country's external balance on goods and services, both in terms of current US dollars and as a percentage of GDP, is above average, ranking 53rd and 57th, respectively. These indicators are crucial as they reflect Côte d'Ivoire's level of integration into the global economy, its competitiveness in trade, and its ability to maintain a favorable balance between imports and exports.
Net Trade
The Current account balance (BoP, current US$) for Côte d'Ivoire is -1974306752.69, which is below the average of 1443864831.49. Côte d'Ivoire is ranked 130 out of 170 countries for this attribute.
Côte d'Ivoire's Current account balance (% of GDP) is -3.13%, below the average of -2.36%. The country is ranked 107 out of 170 countries based on this metric.
In terms of Net trade in goods and services (BoP, current US$), Côte d'Ivoire has a value of 571594163.04, below the average of 2604730003.57. The country is ranked 58 out of 171 in this category.
Côte d'Ivoire's Net primary income (BoP, current US$) is -1846407488.60, lower than the average of -903807529.74. The country ranks 121 out of 170 for this attribute.
For the attribute of Net secondary income (BoP, current US$), Côte d'Ivoire records a value of -699493427.13, below the average of -269227340.40. The country is ranked 138 out of 170.
Côte d'Ivoire's Net trade in goods (BoP, current US$) is 2982160383.85, which is above the average of 1302831005.68. The country is ranked 40 out of 171 for this metric.
Regarding the Net capital account (BoP, current US$), Côte d'Ivoire has a value of 174389820.48, exceeding the average of 136543824.05. The country ranks 52 out of 159 in this category.
Côte d'Ivoire's Net financial account (BoP, current US$) is -1778066493.06, significantly below the average of -469840994.63. The country is ranked 130 out of 170 countries based on this statistic.
Summary
Côte d'Ivoire has a negative current account balance in both absolute terms and as a percentage of its GDP, with rankings of 130 and 107 out of 170 countries, respectively. The country also experiences negative values for net primary income and net secondary income, indicating a net outflow of funds. However, Côte d'Ivoire performs well in terms of net trade in goods and net capital account, ranking 40 and 52 out of 171 and 159 countries, respectively. These statistics are crucial in understanding Côte d'Ivoire's economic health, as they reflect its trade balance, income flow, and overall financial position in the global market.
Broad Export Attributes
- Côte d'Ivoire's Exports of goods, services and primary income (BoP, current US$) are $13.63 billion, ranking 83rd out of 170 countries. This is significantly below the average of $146.24 billion for this attribute.
- The country's Exports of goods and services (BoP, current US$) amount to $13.23 billion, ranking 82nd out of 170 countries. It falls below the average of $122.94 billion.
- Côte d'Ivoire's Exports of goods and services (current US$) stand at $13.23 billion, placing the country at 82nd out of 163 countries, below the average of $129.60 billion.
- Regarding Exports of goods and services (% of GDP), Côte d'Ivoire's value is 21.01%, ranking 116th out of 163 countries. This percentage is lower than the average of 38.19%.
- The country's Goods exports (BoP, current US$) are $12.50 billion, ranking 76th out of 171 countries, which is notably under the average of $93.31 billion.
- For International tourism, receipts (% of total exports), Côte d'Ivoire's percentage is 1.51%, ranking 97th out of 120 countries. This falls below the average of 9.74%.
- Côte d'Ivoire's ICT goods exports (% of total goods exports) make up 0.03%, ranking 134th out of 142 countries. This is considerably lower than the average of 3.81%.
Summary
Côte d'Ivoire's exports performance across various indicators show that the country is facing challenges in leveraging its export potential. With exports of goods, services, and primary income significantly below the global average, the country ranks lower than many others in terms of export competitiveness. This indicates a need for Côte d'Ivoire to diversify its export base, improve export efficiency, and explore new markets to enhance economic growth and resilience in the face of changing global trade dynamics.
Merchandise Exports
Côte d'Ivoire's merchandise exports amount to $12,454,000,000. This value is significantly below the average merchandise exports of $89,542,711,229.95, ranking 80th out of 187 countries in the dataset.
Agricultural raw materials exports account for 11.16% of Côte d'Ivoire's merchandise exports. This percentage is much higher than the average of 2.97%. Côte d'Ivoire ranks 7th out of 151 countries for this attribute.
Food exports contribute to 56.53% of Côte d'Ivoire's merchandise exports, surpassing the average of 24.06%. The country ranks 16th out of 152 countries for food exports.
Côte d'Ivoire's fuel exports represent 10.28% of its merchandise exports, lower than the average of 13.70%. The country ranks 46th out of 147 countries in this category.
Ores and metals exports make up 1.43% of Côte d'Ivoire's merchandise exports, significantly less than the average of 9.10%. The country ranks 109th out of 152 countries for ores and metals exports.
The residual merchandise exports by Côte d'Ivoire amount to 1.27%, below the average of 3.20%. The country ranks 54th out of 166 countries for this attribute.
Summary
Côte d'Ivoire has a unique export profile with a heavy reliance on agricultural raw materials and food exports, which account for a significant portion of its total merchandise exports compared to the global average. This specialization positions the country well in international trade, enabling it to capitalize on its strengths in these sectors. However, the lower contribution of fuel, ores, and metals exports indicates potential areas for diversification and future growth to mitigate risks associated with overdependence on specific export categories.
Technology Exports
For Manufactures exports (% of merchandise exports), Côte d'Ivoire's value of 8.83% is significantly below the average of 42.62%. The country is ranked 131 out of 152 countries.
Regarding High-technology exports (current US$), Côte d'Ivoire's export value of $56,250,587 is substantially lower than the average of $16,655,934,078.80. The country holds the 88th rank out of 151 countries.
Côte d'Ivoire's High-technology exports (% of manufactured exports) at 5.11% is below the average of 10.15%. The country is ranked 85 out of 150 countries.
For Medium and high-tech exports (% manufactured exports), Côte d'Ivoire's value of 23.44% is below the average of 34.29%. The country is ranked 87 out of 149 countries.
Summary
Côte d'Ivoire exhibits lower than average values across key macroeconomic indicators related to exports, including Manufactures exports, High-technology exports, High-technology exports (% of manufactured exports), and Medium and high-tech exports. These indicators reflect that Côte d'Ivoire's economy may be less diversified and may have lower technological capabilities compared to a global average. This could indicate potential areas for improvement and development in the country's export sector to enhance competitiveness and sustainability in the long term.
Service Exports
Service exports (BoP, current US$): Côte d'Ivoire's value is $731,741,417.12, which is significantly below the attribute average of $28,917,292,503.82. The country ranks 114th out of 171 countries in this data set.
ICT service exports (BoP, current US$): With a value of $118,409,116.04, Côte d'Ivoire falls well below the attribute average. The country ranks 93rd out of 166 countries for this metric.
ICT service exports (% of service exports, BoP): Côte d'Ivoire performs above the average at 16.18%, compared to the average of 11.75%. The country ranks 38th out of 166 countries in this category.
Communications, computer, etc. (% of service exports, BoP): Côte d'Ivoire's value of 33.83% is lower than the attribute average of 45.85%. The country ranks 114th out of 169 countries included in this data.
Transport services (% of service exports, BoP): Côte d'Ivoire's value of 40.95% exceeds the attribute average of 21.80%. The country ranks 24th out of 169 countries for this metric.
Travel services (% of service exports, BoP): At 22.70%, Côte d'Ivoire is slightly below the average of 26.40%. The country ranks 74th out of 167 countries in this aspect.
Insurance and financial services (% of service exports, BoP): Côte d'Ivoire's value of 2.53% is below the attribute average of 6.46%. The country ranks 97th out of 161 countries in this measurement.
Summary
Côte d'Ivoire demonstrates a mixed performance in key macroeconomic indicators related to service exports. The country excels in ICT service exports (% of service exports, BoP) and transport services (% of service exports, BoP), ranking above average in these categories. However, Côte d'Ivoire lags behind in service exports (BoP, current US$) and insurance and financial services (% of service exports, BoP), where it falls below the attribute averages. These indicators are crucial as they reflect the country's strengths and weaknesses in leveraging its service sector for economic growth and global competitiveness.
Commercial Service Exports
1. Côte d'Ivoire's Commercial service exports amount to $701,182,039.61, ranking 112 out of 171 countries. This value is significantly below the attribute average of $28,508,218,402.80.
2. Travel services contribute 23.69% to Côte d'Ivoire's commercial service exports, below the average of 27.89%. The country ranks 75 out of 167 in this aspect.
3. Computer, communications, and other services represent 30.94% of Côte d'Ivoire's commercial service exports, ranking 108 out of 169 countries. This percentage is lower than the attribute average of 42.44%.
4. Côte d'Ivoire's Insurance and financial services constitute 2.64% of commercial service exports, below the average of 6.97%. The country ranks 101 out of 161 in this category.
5. In terms of Transport services, Côte d'Ivoire stands at a notable 42.73%, ranking 24 out of 169 countries. This value is significantly above the average of 23.37%.
Summary
Côte d'Ivoire's commercial service exports are significantly below the attribute average, with key contributions from Travel services and Computer, communications, and other services. The country excels in Transport services, surpassing the average by a significant margin. These indicators are crucial as they highlight Côte d'Ivoire's strengths and weaknesses in the global market, showcasing areas for potential growth and investment.
Broad Import Attributes
1. Imports of goods and services (current US$): Côte d'Ivoire's value of $12,660,139,881.62 is below the average of $126,191,355,599.06. It ranks 85th out of 163 countries in this attribute data.
2. Imports of goods and services (% of GDP): Côte d'Ivoire's value of 20.10% is below the average of 44.15%. It ranks 145th out of 163 countries in this attribute data.
3. International tourism, expenditures (% of total imports): Côte d'Ivoire's value of 2.49% is below the average of 3.98%. It ranks 81st out of 131 countries in this attribute data.
4. ICT goods imports (% total goods imports): Côte d'Ivoire's value of 2.77% is below the average of 6.85%. It ranks 123rd out of 143 countries in this attribute data.
5. Goods imports (BoP, current US$): Côte d'Ivoire's value of $9,517,832,243.72 is below the average of $92,007,788,027.17. It ranks 88th out of 171 countries in this attribute data.
6. Imports of goods and services (BoP, current US$): Côte d'Ivoire's value of $12,660,139,881.65 is below the average of $120,321,577,988.12. It ranks 89th out of 170 countries in this attribute data.
7. Imports of goods, services and primary income (BoP, current US$): Côte d'Ivoire's value of $14,906,153,460.45 is below the average of $144,514,428,722.28. It ranks 89th out of 170 countries in this attribute data.
Summary
Côte d'Ivoire demonstrates below-average performance in various key macroeconomic indicators related to imports of goods and services. It ranks relatively low compared to a global average across multiple categories such as total imports value, percentage of GDP, and expenditures on international tourism. These indicators are crucial as they reflect the country's level of integration with the global economy, its trade competitiveness, and the extent of its external sector's contribution to overall economic activity.
Merchandise Imports
Merchandise imports (current US$): Côte d'Ivoire's merchandise imports amount to $10,527,000,000, ranking 88th out of 190 countries. This value is significantly below the attribute average of $89,385,605,263.16.
Manufactures imports (% of merchandise imports): Côte d'Ivoire's imports of manufactures account for 57.15% of its merchandise imports, placing it 129th out of 152 countries. This percentage is below the attribute average of 66.76%.
Agricultural raw materials imports (% of merchandise imports): Côte d'Ivoire imports 0.63% of agricultural raw materials, ranking 123rd out of 152 countries. This value is lower than the attribute average of 1.27%.
Food imports (% of merchandise imports): Food imports constitute 21.59% of Côte d'Ivoire's merchandise imports, placing it 33rd out of 152 countries. This percentage is higher than the attribute average of 15.89%.
Fuel imports (% of merchandise imports): Côte d'Ivoire's fuel imports represent 19.38% of its merchandise imports, ranking 16th out of 152 countries. This value is above the attribute average of 11.38%.
Ores and metals imports (% of merchandise imports): Côte d'Ivoire's imports of ores and metals stand at 1.26% of total imports, ranking 92nd out of 152 countries. This percentage falls below the attribute average of 2.57%.
Merchandise imports by the reporting economy, residual (% of total merchandise imports): The residual imports for Côte d'Ivoire are 1.80% of total merchandise imports, placing it 47th out of 180 countries. This percentage is slightly below the attribute average of 2.51%.
Summary
Côte d'Ivoire's macroeconomic indicators show a strong reliance on food and fuel imports, with food imports constituting 21.59% and fuel imports representing 19.38% of total merchandise imports. However, the country imports a lower percentage of agricultural raw materials compared to the global average. These findings are crucial as they highlight Côte d'Ivoire's vulnerability to fluctuations in global food and fuel prices, which can impact the country's trade balance and overall economic stability. Diversification of imports and focusing on domestic agricultural production could help mitigate some of these risks.
Service Imports
1. Service imports (BoP, current US$): Côte d'Ivoire's value for service imports is $3,142,307,637.93, which is significantly below the average of $27,615,356,170.47. This places Côte d'Ivoire at rank 83 out of 171 countries.
2. Communications, computer, etc. (% of service imports, BoP): Côte d'Ivoire's percentage for communications, computer, etc. services within service imports is 33.93%, lower than the average of 44.40%. The country is ranked 118 out of 169 countries in this aspect.
3. Transport services (% of service imports, BoP): Côte d'Ivoire's proportion of transport services within service imports is 54.42%, notably higher than the average of 32.90%. This places Côte d'Ivoire at rank 19 out of 169 countries.
4. Travel services (% of service imports, BoP): Côte d'Ivoire's share of travel services in service imports is 6.71%, below the average of 14.14%. This positions Côte d'Ivoire at rank 125 out of 169 countries.
5. Insurance and financial services (% of service imports, BoP): Côte d'Ivoire's percentage for insurance and financial services within service imports is 4.93%, lower than the average of 8.53%. The country is ranked 105 out of 169 countries based on this metric.
Summary
Côte d'Ivoire has a low value for service imports compared to the global average, ranking 83 out of 171 countries. The country relies more on transport services, with a proportion of 54.42%, ranking 19 globally, but falls behind in areas like communications and financial services. These indicators are crucial as they reflect Côte d'Ivoire's reliance on specific service sectors and its competitiveness in the global market.
Commercial Service Imports
- Commercial service imports in Côte d'Ivoire amount to $3,064,205,930.02, ranking 83rd out of 171
countries. This value is below the average of $27,102,746,128.60 for this attribute.
- Computer, communications, and other services as a percentage of commercial service imports in Côte
d'Ivoire stand at 32.24%. This places the country 108th out of 169 countries, with the value being below
the average of 41.71%.
- Insurance and financial services as a percentage of commercial service imports in Côte d'Ivoire is
5.06%, below the attribute average of 8.85%. The country ranks 107th out of 169 in this regard.
- Côte d'Ivoire's transport services as a percentage of commercial service imports stand at 55.81%,
ranking 22nd out of 169 countries. This value is notably higher than the average of 34.71%.
- Travel services as a percentage of commercial service imports in Côte d'Ivoire make up 6.89% of the
total, placing the country at 127th out of 169. This value is below the average of 14.73%.
Summary
Côte d'Ivoire's commercial service imports are below the global average, with a notable emphasis on transport services accounting for a higher percentage than average. However, the country lags behind in computer, communications, and other services as well as insurance and financial services compared to the global average. These indicators are crucial as they highlight areas where Côte d'Ivoire may need to focus on improving efficiency and investment to align with global standards and enhance economic diversification.
Infrastructure
Air transport, freight (million ton-km): Côte d'Ivoire's value of 4.32 million ton-km is significantly below the average of 1384.37 million ton-km. The country ranks 86 out of 126 countries in this attribute. Air transport, registered carrier departures worldwide: Côte d'Ivoire's value of 8030 departures is well below the average of 134365.61 departures. The country ranks 91 out of 149 countries in this attribute. Air transport, passengers carried: Côte d'Ivoire's value of 322841 passengers carried is significantly lower than the average of 11848242.70 passengers. The country ranks 99 out of 149 countries in this attribute. Container port traffic (TEU: 20 foot equivalent units): Côte d'Ivoire's traffic of 988459 TEU is lower than the average of 6907110.27 TEU. The country ranks 63 out of 110 countries in this attribute. Rail lines (total route-km): Côte d'Ivoire's total route-km of 639 is well below the average of 12204.74 route-km. The country ranks 62 out of 66 countries in this attribute.
Summary
Côte d'Ivoire exhibits below-average performance in key macroeconomic indicators related to air transport, container port traffic, and rail infrastructure. These indicators, such as low air transport freight, passenger numbers, and container port traffic, indicate potential limitations in the country's transportation and trade capabilities. The inadequate rail infrastructure also suggests challenges in efficient and cost-effective freight transport within the country. Addressing these weaknesses is crucial for Côte d'Ivoire to enhance its connectivity, boost trade, attract investments, and sustain economic growth in the long run.
Information Technology Infrastructure
Analysis of key statistics for Côte d'Ivoire:
1. Secure Internet servers: Côte d'Ivoire has 1493 secure internet servers, which is significantly below the average of 458,294 for 193 countries. The country ranks 106 out of 193 countries in this aspect.
2. Secure Internet servers (per 1 million people): Côte d'Ivoire has 55.68 secure internet servers per 1 million people, well below the average of 14,067.17. The country is ranked 147 out of 193 countries.
3. Individuals using the Internet (% of population): Côte d'Ivoire has 41.37% of its population using the internet, below the average of 64.77%. The country's rank is 141 out of 180 countries included in the data.
4. Fixed broadband subscriptions: Côte d'Ivoire has 261,370 fixed broadband subscriptions, significantly lower than the average of 6,591,956.35. It ranks 106 out of 185 countries in this regard.
5. Mobile cellular subscriptions: Côte d'Ivoire has 40,095,246 mobile cellular subscriptions, slightly below the average of 42,526,463.87. The country is ranked 39 out of 193 countries for mobile cellular subscriptions.
Summary
Côte d'Ivoire lags behind global averages in key internet and communication indicators such as secure internet servers, internet users, fixed broadband subscriptions, and mobile cellular subscriptions. This indicates a digital divide within the country and may hinder its socio-economic development, competitiveness, and ability to fully participate in the digital economy and global connectivity.
Energy Consumption
Côte d'Ivoire's renewable energy consumption stands at 63.34%, surpassing the global average of 32.18%.
The country ranks 35th out of 191 countries in this category.
In terms of CO2 emissions, Côte d'Ivoire emits 10,894.9 kt of CO2, significantly below the average of
171,895.94 kt. This places the country at 97th out of 188 nations analyzed.
Summary
Côte d'Ivoire demonstrates strong commitment to renewable energy with a consumption rate of 63.34%, well above the global average of 32.18%. This positions the country at 35th place globally in renewable energy consumption. Additionally, Côte d'Ivoire's relatively low CO2 emissions of 10,894.9 kt, compared to the global average of 171,895.94 kt, places it at 97th among 188 nations. These statistics indicate that Côte d'Ivoire is making significant strides towards a more sustainable and environmentally friendly future.
Government Balance Sheet
For the attribute "Net acquisition of financial assets (% of GDP)", Côte d'Ivoire's value is 1.63%, which is below the average of 2.45%. This places Côte d'Ivoire at rank 43 out of 87 countries.
Regarding "Net incurrence of liabilities, total (% of GDP)", Côte d'Ivoire's value is 7.48%, slightly above the average of 7.43%. The country ranks 42 out of 92 countries for this attribute.
For "Reserves and related items (BoP, current US$)", Côte d'Ivoire has a value of $199,662,605.54, significantly below the average of $1,924,407,186.58. This places Côte d'Ivoire at rank 66 out of 171 countries.
Summary
Côte d'Ivoire's macroeconomic indicators show mixed performance: it has a lower net acquisition of financial assets compared to the average, a slightly higher net incurrence of liabilities, and significantly lower reserves and related items in US dollars relative to the average. These indicators are important as they reflect the country's ability to attract investments, manage its financial obligations, and maintain adequate foreign currency reserves for economic stability.
Government Revenue
Revenue, excluding grants (% of GDP): Côte d'Ivoire's value is 12.12% of GDP, below the average of 27.02%. The country ranks 110 out of 122 countries in this attribute.
Grants and other revenue (% of revenue): Côte d'Ivoire's value is 6.79% of revenue, below the average of 23.54%. The country ranks 97 out of 108 countries in this attribute.
Taxes on goods and services (% of revenue): Côte d'Ivoire's value is 40.96% of revenue, above the average of 31.82%. The country ranks 29 out of 122 countries in this attribute.
Taxes on international trade (% of revenue): Côte d'Ivoire's value is 22.80% of revenue, above the average of 6.24%. The country ranks 4 out of 101 countries in this attribute.
Other taxes (% of revenue): Côte d'Ivoire's value is 5.17% of revenue, above the average of 2.12%. The country ranks 8 out of 106 countries in this attribute.
Taxes on income, profits and capital gains (% of revenue): Côte d'Ivoire's value is 24.28% of revenue, below the average of 24.66%. The country ranks 58 out of 119 countries in this attribute.
Summary
Côte d'Ivoire's macroeconomic indicators show that the country has lower revenue as a percentage of GDP and revenue composition compared to the average of the countries analyzed. However, Côte d'Ivoire performs relatively well in taxes on international trade and other taxes, where it surpasses the average. These indicators are crucial as they reflect the country's financial health, fiscal policy effectiveness, and ability to generate revenue domestically and through international trade.
Taxes
For Tax revenue (% of GDP), Côte d'Ivoire's value of 11.80% is below the average of 16.72%. It ranks 96th out of 123 countries in the dataset.
Regarding Taxes on exports (% of tax revenue), Côte d'Ivoire's value of 12.56% is significantly above the average of 2.54%. This places Côte d'Ivoire 4th out of 36 countries.
Customs and other import duties (% of tax revenue) in Côte d'Ivoire stand at 11.90%, which is higher than the average of 9.01%. The country ranks 27th out of 99 countries.
For Taxes on income, profits and capital gains (% of total taxes), Côte d'Ivoire's value is 26.05%, below the average of 38.40%. It ranks 101st out of 120 countries.
In terms of Tariff rate, applied, weighted mean, all products (%), Côte d'Ivoire's value of 7.63% is above the average of 5.21%. The country ranks 45th out of 153 countries.
Summary
Côte d'Ivoire exhibits a mixed performance in key macroeconomic indicators related to taxation and tariffs compared to global averages. The country has a lower Tax revenue (% of GDP) and Taxes on Income, Profits, and Capital Gains (% of total taxes), placing it below average on these metrics. However, Côte d'Ivoire excels in Taxes on Exports (% of tax revenue) and Customs and other import duties (% of tax revenue), ranking significantly higher than the average. This unique tax revenue composition and tariff rates are crucial as they indicate the country's reliance on exports and imports for revenue generation and economic sustainability.
Government Expenses
Expense (% of GDP): With a value of 16.04%, Côte d'Ivoire's expense as a percentage of GDP is below the attribute average of 31.69%. The country is ranked 111th out of 123 countries in this indicator.
Compensation of employees (% of expense): Côte d'Ivoire's value of 28.72% for this attribute is above the average of 24.70%. The country is ranked 46th out of 123 countries.
Goods and services expense (% of expense): At 13.66%, Côte d'Ivoire's spending on goods and services is below the average of 14.77%. The country is ranked 53rd out of 122 countries.
Interest payments (% of expense): Côte d'Ivoire's value of 11.41% for interest payments is above the average of 6.85%. The country is ranked 23rd out of 121 countries.
Other expense (% of expense): With a value of 8.21%, Côte d'Ivoire's other expenses are slightly below the average of 8.29%. The country is ranked 46th out of 120 countries.
Subsidies and other transfers (% of expense): Côte d'Ivoire's spending on subsidies and transfers, at 37.99%, is below the average of 43.29%. The country is ranked 71st out of 121 countries.
Summary
Côte d'Ivoire's expense as a percentage of GDP is below the global average, indicating relatively efficient spending. However, the country's high interest payments compared to the average could point to a heavy debt burden. The prioritization of compensation of employees over goods and services expenses suggests a focus on human capital, which is crucial for sustainable economic development.
Top Stats
Ranks in Top Decile For:
| Attribute | Rank/Total |
|---|---|
| Agricultural raw materials exports (% of merchandise exports) | 7/151 |
| Taxes on international trade (% of revenue) | 4/101 |
| Other taxes (% of revenue) | 8/106 |
Ranks in Bottom Decile For:
| Attribute | Rank/Total |
|---|---|
| Population ages 65 and above (% of total population) | 187/194 |
| ICT goods exports (% of total goods exports) | 134/142 |
| Rail lines (total route-km) | 62/66 |
| Revenue, excluding grants (% of GDP) | 110/122 |
| Expense (% of GDP) | 111/123 |