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%.
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.
Ivory Coast GDP from 1980 to 2024
The total market value of goods and services produced annually in Ivory Coast.
Data Source: International Monetary Fund
Image Source: Freepik from www.flaticon.com
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 |
