Ivory Coast recorded a Current Account deficit of 2.80 percent of the country's Gross Domestic Product in 2019.

Current Account to GDP in Ivory Coast averaged -4.01 percent from 1975 until 2019, reaching an all time high of 7 percent in 2009 and a record low of -17.95 percent in 1980. This page provides - Ivory Coast Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Ivory Coast Current Account to GDP - values, historical data and charts - was last updated on October of 2020.

Current Account to GDP in Ivory Coast is expected to reach -4.10 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ivory Coast Current Account to GDP is projected to trend around -3.90 percent in 2021 and -3.00 percent in 2022, according to our econometric models.

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Ivory Coast Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-2.80 -3.00 7.00 -17.95 1975 - 2019 percent Yearly

Ivory Coast Trade Last Previous Highest Lowest Unit
Balance of Trade -26.60 206.30 2029.43 -1058.14 CFA Franc Million [+]
Current Account -642.70 -1153.90 1256.40 -1153.90 CFA Franc Billion [+]
Current Account to GDP -2.80 -3.00 7.00 -17.95 percent [+]
Imports 509.30 514.00 4412.30 22.65 XOF Billion [+]
Exports 482.70 720.30 5539.70 29.78 XOF Billion [+]
Terrorism Index 2.60 3.28 4.30 2.05 [+]
Crude Oil Production 47.00 47.00 66.30 2.90 BBL/D/1K [+]


Ivory Coast Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.