Military Expenditure in Côte d'Ivoire, 1962-2022

Military Expenditure in Côte d'Ivoire, 1962-2022

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TGM StatBox. (2024). Military Expenditure in Côte d'Ivoire, 1962-2022. TGM StatBox.
Chart Details
Timeframe: 1960-2023
Country: Ivory Coast
Published date: 2024
Note: Military expenditure by World Development Indicators (WDI) refers to the financial resources a country allocates for its armed forces. This includes spending on personnel (salaries, pensions), military equipment, infrastructure, operations, and research and development.
Key Takeaways
Côte d'Ivoire's military expenditure displayed modest fluctuations, shaped by its post-independence stability and later political crises. During the 1960s and 1970s, spending remained around 1% of GDP, reflecting the country’s relatively peaceful status under Félix Houphouët-Boigny. However, the 2000s saw a brief rise to 1.3% by 2009, influenced by civil unrest and efforts to restore stability.

In recent years, spending has stabilized at around 1% of GDP, reflecting a return to political calm and a focus on rebuilding. The slight decline to 0.9% in 2022 underscores efforts to optimize defense budgets amid broader economic challenges and regional security cooperation.

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