Source: world bank Nominal/PPP
Summary:
Cote d'Ivoire GDP Per Capita expanded from 1960 to 2024, increasing from $0.55 to $87.11 .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)
From 1960 to 2024, Cote d'Ivoire economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.
- 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%.