Economy · Current account balance · Côte d’Ivoire
Côte d’Ivoire’s current account balance rose to −4.5% of GDP in 2024.
−4.5% of GDP
2024
Up 3.6 pp from 2023.
Updated 8 Oct 2026
In plain words
−4.5% of GDP
What it is. The current account balance adds up what Côte d'Ivoire earns from the rest of the world and what it pays out. It covers trade in goods and services, income on investment and work abroad, and transfers such as remittances and aid. The total is divided by GDP so that years of different economic size can be compared. Borrowing, foreign investment and other capital flows sit in a separate account, so the figure shows the size of the gap or surplus and says nothing about how it was financed.
Higher is better. A higher balance is better because a surplus means the country earns more abroad than it spends and needs less foreign money to cover the difference. The latest figure, for 2024, is −4.5% of GDP, up from −8.1% of GDP a year earlier, an improvement of 3.6 percentage points. The 2023 figure of −8.1% of GDP is the lowest since 2015. The highest in that span is −0.44% of GDP, recorded in 2015. The 2024 reading therefore sits between the two, well clear of the 2023 low and still a long way from the 2015 high.
Why it matters. A deficit of this size has to be covered by foreign lenders, investors or aid, so the state and Ivorian firms depend on outside financing to pay for what the country imports. The narrower gap in 2024 eases that dependence compared with 2023. Households feel the effect through the cost of imported goods and the interest the state pays on external borrowing, which tend to rise when the gap widens.
| Period | Current account balance · Côte d’Ivoire |
|---|---|
| 2015 | −0.44% of GDP |
| 2016 | −0.86% of GDP |
| 2017 | −2% of GDP |
| 2018 | −3.9% of GDP |
| 2019 | −2.2% of GDP |
| 2020 | −3.1% of GDP |
| 2021 | −3.9% of GDP |
| 2022 | −7.6% of GDP |
| 2023 | −8.1% of GDP |
| 2024 | −4.5% of GDP |
Source: World Bank, World Development Indicators (CC BY 4.0) · Licence: CC BY 4.0
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Strata-AF™ Data, Current account balance, Côte d’Ivoire, 2024; source World Bank, World Development Indicators (CC BY 4.0), retrieved 8 Oct 2026; https://data.strata-af.com/economy/current-account-balance/cote-divoire
Data insights · Worked out from the published figures
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Methodology
Current account balance as a share of GDP. Unit: % of GDP. A negative value is a deficit.
Source: World Bank, World Development Indicators (series BN.CAB.XOKA.GD.ZS), retrieved through the World Bank API and published under CC BY 4.0. Updated annually; the World Bank's own source notes apply.