The Report: Cote d'Ivoire 2022

After achieving a region-leading economic recovery in the decade since political stability was established, future growth and industrialisation strategies will continue to be shaped by the National Development Plan 2021-25, which constitutes a holistic approach to achieving emerging market status and meaningful poverty reduction by 2030.

A dynamic, diverse and rapidly growing country, Côte d’Ivoire is one of the largest economies in West Africa, with a promising growth outlook and favourable demographic prospects. Economic growth is expected to continue following a robust recovery from the Covid-19 pandemic, with a projected growth rate of 6% for 2022.

However, the global inflationary environment, the geopolitical uncertainty caused by Russia’s February 2022 invasion of Ukraine, and rising commodity and oil prices are expected to have important implications for both household incomes and exports. Nonetheless, economic indicators imply that it will remain among West Africa’s top performers and retain its significance as an economic leader in francophone West Africa. Implementing an ambitious reform and recovery agenda remains fundamental to the continuing prosperity of the country.