Côte d’Ivoire is one of Africa’s most rapidly expanding economies, with significant oil, gas and mineral...
Côte d'Ivoire
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Chapter | Country Profile from The Report: Cote d'Ivoire 2020
Côte d’Ivoire is an economic powerhouse in West Africa, posting average growth of 8% between 2011 and 2018. However, the rate of GDP growth in real terms fell to 6.7% in 2019 and is expected to contract to 2.7% in 2020 due to the Covid-19 pandemic and subsequent widespread shutdowns. Looking to the future, the IMF expects growth to rebound to 8.7% in 2021, highlighting the country’s economic resilience.
As efforts to contain the Covid-19 pandemic continue, Côte d'Ivoire is one of many countries that have turned to technology to facilitate e-learning and provide digital health solutions.
One of the greatest global threats to agriculture in the wake of Covid-19 is the possibility of disruptions to supply chains, particularly for fresh produce that might be spoiled during transit delays.
New tax measures are expected to help Côte d’Ivoire stimulate growth in its industrial and manufacturing sectors.