Cote d'Ivoire Economic Outlook
December 13, 2018Cote d’Ivoire’s economy continued to show resilience in the second half of the year, although volatility in commodity prices is likely to weigh on year-end gains. Following a strong second quarter (Q2: +7.6 year-on-year) buoyed by upbeat industrial and agricultural activity, the economy is poised to maintain its momentum through the remainder of the year as improved growing techniques continue to boost agricultural and industrial output. In addition, households appear to be benefiting from subdued inflationary pressures and improving agricultural yields. In recent weeks, Cote d’Ivoire and Ghana continued moving toward an agreement to limit supply of cocoa in hopes of eventually lifting prices.
Cote d'Ivoire Economic GrowthFocusEconomics analysts expect momentum to carry over into the coming year, buttressed by strong investment activity and a buoyant external sector, as growing global demand for cocoa-related products should boost exports. However, political stability appears increasingly fragile in the run-up to the 2020 presidential election. Our panel sees growth at 7.1% in 2019, which is down 0.1 percentage points from last month’s forecast, and at 6.9% in 2020.
Cote d'Ivoire Economy Data
5 years of Cote d'Ivoire economic forecasts for more than 30 economic indicators.
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Cote d'Ivoire Facts
|Exchange Rate||579.0||-1.11 %||Dec 12|
|Stock Market||0.4||0.0 %||Dec 12|
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