Country Economic Forecasts - Cote D Ivoire
Based on preliminary data, the Ivorian economy expanded by a remarkable 6.5% last year. This flourishing growth was mainly driven by rebounding activity in the industrial and services sectors, while the agricultural sector delivered another solid, albeit less impressive, performance. We anticipate another strong showing by Côte d’Ivoire in 2022 as demand for the country’s main export commodity – cocoa – begins to recover following a Covid-19-induced slump. The effects of the pandemic on domestic activity are also fading, suggesting that downside risks in this regard are minimal.
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