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Cote d’Ivoire | Economic News & Forecasts

Cote d'Ivoire - Fiscal Balance

Economic growth cooled in Q4 2021, seemingly due to weaker cocoa production. Turning to 2022, a surge in new daily Covid-19 cases in the first half of Q1 likely weighed on activity somewhat. That said, cocoa production firmed in the first quarter of the year, while abundant rains in March bode well for the harvest in Q2 and Q3. In politics, on 22 April, President Alassane Ouattara appointed a new, slimmed-down government. Although the President made few changes to key roles, he appointed West African Central Bank Governor Tiémoko Meyliet Koné as his vice president, potentially positioning Koné as a successor ahead of elections in 2025. Meanwhile, on 21 April, Fitch Ratings affirmed the country’s 'BB-' credit rating and stable outlook, highlighting the need for continued fiscal prudence and reforms to tackle deteriorating public finances.

Cote d’Ivoire - Data

2015   2016   2017   2018   2019  
Fiscal Balance (% of GDP)-2.0  -3.0  -3.3  -4.0  -     

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Note: General government balance as % of GDP
Source: IMF

Cote d’Ivoire Facts

Value Change Date
Exchange Rate585.3-1.11 %Jan 01
Stock Market0.70.0 %Jan 07

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