Côte d’Ivoire

Republic of Côte d’Ivoire

Region: West Africa · ISO code: CIV

Economy

Nominal GDP

USD 89.2 billion

GDP per capita

USD 2,632

2021–2025 average

Currency

Name
West African CFA franc
Франк КФА BCEAO
ISO code
XOF
Rate against the US dollar
USD 1 = 579.64 XOF
Rate against the rouble
10 XOF = 1.4416 RUB
Rate type
Cross rate via the Bank of Russia USD/RUB rate
Currency zone
West African CFA franc (XOF)
Note
fixed peg to the euro: 1 EUR = 655.957 CFA francs

Exchange rate as of 1 October 2026

Economic structure

GDP structure: 2021–2025 average Source: Based on World Bank data. Period: 2021–2025 average

  • Agriculture 16.3%
  • Industry 23.4%
  • Services 52.5%

Industries and programmes

Key industries

Agriculture: cocoa (world leader), cashews, coffee, rubber, palm oil, groundnuts, rubber, cashews, raw cotton,

Extractive industries: gold, oil, gas, diamonds, manganese, nickel, bauxite,

Manufacturing: food processing, textiles and apparel

Electric power industry

Services: retail trade, wholesale trade in petroleum products, accommodation and catering, financial services, information and communications services, and transport services

Source: BCEAO; https://www.bceao.int/sites/default/files/2026-09/RAPPORT%20SUR%20LA%20POLITIQUE%20MON%C3%89TAIRE%20DANS%20L%27UMOA%20JUIN%202026_tr_ang_VF.pdf
Government programmes
  • National Development Plan (PND) 2026–2030 (approved by parliament in April–May 2026)
  • “Côte d’Ivoire 2030” Strategy

International trade

Exports of goods, 2021–2025

USD billion Source: World Bank / WTO, merchandise exports (TX.VAL.MRCH.CD.WT). Period: 2021–2025

Exports of goods, USD billion 0 10 20 30 2021 2022 2023 2024 2025 2021: 15.315.3 2022: 16.4 2023: 18.4 2024: 20.5 2025: 28.528.5 Exports of goods, USD billion 0 10 20 30 2021 2022 2023 2024 2025 2021: 15.315.3 2022: 16.4 2023: 18.4 2024: 20.5 2025: 28.528.5
Exports of goods, index, 2021 = 100 0 100 200 2021 2022 2023 2024 2025 2021: 100.0100.0 2022: 107.2 2023: 120.3 2024: 134.0 2025: 186.3186.3 Exports of goods, index, 2021 = 100 0 100 200 2021 2022 2023 2024 2025 2021: 100.0100.0 2022: 107.2 2023: 120.3 2024: 134.0 2025: 186.3186.3
Table
Exports of goods, 2021–2025: amount and index (2021 = 100)
YearUSD billionindex, 2021 = 100
202115.3100.0
202216.4107.2
202318.4120.3
202420.5134.0
202528.5186.3
Imports of goods
USD 17.5 billion 2021–2025 averageSource: ITC. Period: 2021–2025 average
Exports of goods and services
USD 29.7 billion 2025Source: World Bank, national accounts. Period: 2025
Change in exports of goods, 2021–2025
+86.3%
Average annual rate of change in exports of goods, 2021–2025
+16.8%

Export specialisation

Main export products

share of exports of goods, %, 2024 Source: UN Comtrade, 2024; share of total merchandise exports, HS chapters (2 digits). Period: 2024

  • cocoa and cocoa preparations35.0%
  • precious metals and stones (gold, diamonds)15.3%
  • mineral fuels, oil and gas15.1%
  • rubber and rubber products12.0%
  • fruit and nuts (including cashews)7.3%

Main export destinations

share of exports of goods, %, 2024 Source: UN Comtrade, 2024; share of total merchandise exports, HS chapters (2 digits). Period: 2024

  • Switzerland13.4%
  • Netherlands12.2%
  • Mali8.1%
  • United States4.5%
  • Germany4.2%

Investment areas

  • Cocoa and cashew processing
  • Gold and manganese
  • Oil and gas (the Baleinefield)
  • Energy
  • Agro-industrial zones
  • Logistics at the Port of Abidjan
  • Fish farming and processing
  • Aquaculture feed production
  • Poultry farms
  • Industrial irrigated crop plantations

Agreements with Russia

  • Investment protection

    There is no bilateral agreement with Russia on the promotion and reciprocal protection of investments.

    Absent

  • Double taxation

    There is no double taxation agreement with Russia.

    Absent

  • Visa requirements

    Russian citizens holding ordinary passports require a visa

    Visa required

  • Peaceful nuclear energy

    No information

Other agreements

  • Agreement on Cultural Cooperation (2013).
  • Soviet-era treaty framework for economic and technical cooperation.

Incentives

Main regimes and incentives

Investment Code 2018: declaration and approval regimes — tax holidays of 5–15 years depending on the zone, and reduced customs duties on equipment.

Type of measure
Tax holidaysDuty exemptionSpecial territorial regimes (SEZ)
Investment agency
CEPICI — Investment Promotion Centre of Côte d’Ivoire (Centre de Promotion des Investissements en Côte d'Ivoire)