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Analysis by Region - Emerging Markets - Côte d'Ivoire

Publisher Oxford Economics
Published May 15, 2023
Length 6 Pages
SKU # OFE17974988

Description

Analysis by Region - Emerging Markets - Côte d'Ivoire



Real GDP growth of 6.8% was recorded in Côte d’Ivoire last year – a commendable performance considering the tremendous headwinds that the economy faced. Price pressures stemming from the war in Eastern Europe weighed severely on real consumer spending, which has historically been the key driver of economic activity. In this regard, robust fixed investment growth negated the slowdown in consumption to some extent. Consumer spending is envisaged to recover steadily over the coming years as inflationary pressures abate. That said, increased consumption will not be sufficient to halt the downward trend in growth, which we forecast at 5.8% for 2023.

Table of Contents

6 Pages
Côte d'Ivoire: IMF set to support economic development efforts
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics

Pricing

Currency Rates
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