Source: world bank Nominal/PPP
Summary:
Cote d'Ivoire GDP expanded from 1960 to 2024, increasing from $0.55 billion to $87.11 billion.The compound annual growth rate (CAGR) averaged 8.24% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 32.81%, indicating the largest cyclical decline from peak levels. The country experienced 11 recession episode(s) during the observed period.
Cote d'Ivoire Economic Phases (1960–2024)
Between 1960 to 2024, Cote d'Ivoire experienced the following economic phases:
- High Growth (1963–1964) indicating robust economic expansion
- High Growth (1966–1980) indicating robust economic expansion
- Crisis (1981–1982) indicating severe economic downturn
- Expansion (1984–1985) indicating steady moderate growth
- High Growth (1986–1987) indicating robust economic expansion
- High Growth (1995–1996) indicating robust economic expansion
- High Growth (2002–2004) indicating robust economic expansion
- High Growth (2006–2008) indicating robust economic expansion
- High Growth (2013–2014) indicating robust economic expansion
- High Growth (2016–2018) indicating robust economic expansion
- Expansion (2019–2020) indicating steady moderate growth
- High Growth (2023–2024) indicating robust economic expansion
The most remarkable growth occurred in 1996 with an increase of 64.281%, while the largest decline was in 1994 at -24.735%.