Ivory Coast's GDP changed from approximately $13B 877M in 1980 to $86B 911M in 2024, showing an overall 526.3% sharply increased during the period.
The lowest GDP was recorded in 1984 at $9B 284M, and the highest in 2024 at $86B 911M.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 4.3%.
For comparison, the average annual growth rate of Ghana was 1.6%, and that of Mali was 5.5%.
Ivory Coast GDP from 1980 to 2024
The total market value of goods and services produced annually in Ivory Coast.
Overview of Ivory Coast's GDP (1980–2024)
The Gross Domestic Product (GDP) of Ivory Coast recorded a 526.3% sharply increased from 1980 to 2024.
The average GDP during this period was $29B 939M, and the median was $17B 433M.
GDP fluctuated within a range of $77B 627M, with a standard deviation of $21B 442M.
The average annual change was $1B 475M.
Highest and Lowest GDP Records
- Lowest GDP: 1984, $9B 284M
- Highest GDP: 2024, $86B 911M
- Most Recent GDP: 2024, $86B 911M
Notable Annual GDP Changes
- 2021: Significant increase in GDP
- 1994: Noticeable drop in GDP
Overall pattern: overall increase with some decline
Global Economic Events and Ivory Coast's GDP
COVID-19 Pandemic (2020)
- Period: From 2019 to 2020
- GDP Change: $60B 383M → $63B 119M
- Outcome: increased
2008 Global Financial Crisis
- Period: From 2007 to 2009
- GDP Change: $28B 158M → $33B 692M
- Outcome: sharply increased
2001 Dot-com Bubble Burst
- Period: From 2000 to 2001
- GDP Change: $14B 851M → $15B 485M
- Outcome: increased
1998 Asian Financial Crisis
- Period: From 1997 to 1998
- GDP Change: $16B 203M → $17B 433M
- Outcome: increased
Key Economic Indicators of Ivory Coast (1980–2024)
| year | Nominal GDP | GDP per Capita | PPP per Capita | PPP GDP | GDP Growth | Current Account | Savings | Fiscal Balance | Population |
|---|---|---|---|---|---|---|---|---|---|
1980 | $ 13B 877M | $ 1,764.74 | $ 2,627.82 | $ 20B 664M | 5.196 % | -13.162 % | 16.02 % | 0 % | 7M 864K people |
1981 | $ 11B 502M | $ 1,429.98 | $ 2,910.66 | $ 23B 411M | 3.498 % | -12.271 % | 12.40 % | 0 % | 8M 42K people |
1982 | $ 10B 320M | $ 1,235.21 | $ 2,981.23 | $ 24B 907M | 0.2 % | -9.846 % | 12.40 % | 0 % | 8M 355K people |
1983 | $ 9B 312M | $ 1,060.68 | $ 2,874.36 | $ 25B 235M | -2.5 % | -9.973 % | 11.59 % | 0 % | 8M 779K people |
1984 | $ 9B 284M | $ 1,028.74 | $ 2,839.17 | $ 25B 623M | -2 % | -0.784 % | 8.51 % | 0 % | 9M 25K people |
1985 | $ 9B 470M | $ 1,010.22 | $ 2,921.33 | $ 27B 385M | 3.6 % | 0.717 % | 8.80 % | 0 % | 9M 374K people |
1986 | $ 12B 675M | $ 1,301.06 | $ 3,005.17 | $ 29B 277M | 4.8 % | -2.349 % | 8.54 % | 0 % | 9M 742K people |
1987 | $ 13B 944M | $ 1,377.86 | $ 2,949.90 | $ 29B 853M | -0.5 % | -6.944 % | 1.96 % | 0 % | 10M 120K people |
1988 | $ 14B 92M | $ 1,379.62 | $ 3,060.20 | $ 31B 258M | 1.14 % | -8.791 % | −0.75 % | 0 % | 10M 214K people |
1989 | $ 13B 487M | $ 1,268.84 | $ 3,146.08 | $ 33B 442M | 2.95 % | -7.165 % | −0.09 % | 0 % | 10M 630K people |
1990 | $ 14B 923M | $ 1,348.81 | $ 3,101.54 | $ 34B 314M | -1.09 % | -8.136 % | −0.60 % | 0 % | 11M 64K people |
1991 | $ 14B 504M | $ 1,260.37 | $ 3,084.05 | $ 35B 490M | 0.04 % | -7.405 % | −0.58 % | 0 % | 11M 508K people |
1992 | $ 15B 416M | $ 1,288.91 | $ 3,027.25 | $ 36B 208M | -0.25 % | -6.569 % | −2.07 % | 0 % | 11M 961K people |
1993 | $ 15B 268M | $ 1,161.76 | $ 2,815.31 | $ 37B | -0.18 % | -5.84 % | −0.38 % | 0 % | 13M 142K people |
1994 | $ 11B 492M | $ 848.96 | $ 2,796.56 | $ 37B 855M | 0.171 % | -0.12 % | 5.58 % | 0 % | 13M 536K people |
1995 | $ 15B 205M | $ 1,091.59 | $ 2,929.17 | $ 40B 802M | 5.572 % | -3.239 % | 8.53 % | 0 % | 13M 929K people |
1996 | $ 16B 780M | $ 1,171.41 | $ 3,136.55 | $ 44B 929M | 8.136 % | -0.967 % | 6.95 % | 0 % | 14M 324K people |
1997 | $ 16B 203M | $ 1,092.14 | $ 3,256.81 | $ 48B 319M | 5.723 % | -0.955 % | 9.04 % | 2.457 % | 14M 836K people |
1998 | $ 17B 433M | $ 1,134.49 | $ 3,336.54 | $ 51B 272M | 4.931 % | -1.665 % | 8.82 % | 2.087 % | 15M 367K people |
1999 | $ 17B 114M | $ 1,082.77 | $ 3,342.90 | $ 52B 838M | 1.618 % | -0.698 % | 6.93 % | 1.567 % | 15M 806K people |