Côte d'Ivoire Gross Domestic Product (GDP) by Year (1961–2023)

Côte d'Ivoire Gross Domestic Product (GDP) by Year (1961–2023)

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TGM StatBox. (2024). Côte d'Ivoire Gross Domestic Product (GDP) by Year (1961–2023). TGM StatBox.
Chart Details
Timeframe: 1960-2023
Country: Ivory Coast
Published date: 2024
Note: The GDP data in the context of the World Development Indicators (WDI) refers to the information provided by the World Bank that tracks a country's Gross Domestic Product (GDP) and related economic metrics.
Key Takeaways
Côte d'Ivoire's Economic Journey: GDP Trends from 1961 to 2023
Côte d'Ivoire's Gross Domestic Product (GDP) has demonstrated a dynamic trajectory from 1961 to 2023, reflecting various socio-economic factors and external influences. Initially, in 1961, the GDP was approximately $618 million, gradually growing throughout the decades. The country's economy benefited from agricultural exports, particularly cocoa and coffee, which have traditionally been cornerstones of its economic foundation. The introduction of structural reforms in the 1990s bolstered growth, enabling the GDP to surpass $10 billion.

However, periods of political instability, notably during the civil conflict in the early 2000s, had significant repercussions, leading to fluctuations in GDP. By the end of the conflict, the economy began to recover, driven by renewed investment and a focus on infrastructure development.

The economic momentum continued, with GDP reaching approximately $63 billion in 2020. Despite the challenges posed by the COVID-19 pandemic, which disrupted global markets, Côte d'Ivoire's economy remained resilient, adapting to new circumstances. By 2023, the GDP reached around $78.8 billion, highlighting the country’s capacity for recovery and growth in the face of adversity.

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