The Gross Domestic Product (GDP) in Ivory Coast expanded 9.90 percent in the third quarter of 2016 over the same quarter of the previous year. GDP Annual Growth Rate in Ivory Coast averaged 4.96 percent from 1961 until 2016, reaching an all time high of 17.61 percent in the fourth quarter of 1964 and a record low of -10.96 percent in the fourth quarter of 1980.
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Côte d’Ivoire is the largest economy in the West African Economic and Monetary Union. After years of political instability and economic decline the country has been steady growing. Agriculture has been the backbone of the economy. Cote d’Ivoire is the largest cocoa producer in the world (30 percent of the world’s production), big exporter of coffee and palm oil. The country also has significant offshore oil and natural gas reserves, which exploration has already boosted government revenues. Moreover, government increasing investment in education and infrastructure resulted in the development of manufacturing industry. This page provides – Ivory Coast GDP Annual Growth Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news. Ivory Coast GDP Annual Growth Rate – actual data, historical chart and calendar of releases – was last updated on March of 2017.