Ivory Coast: Government debt

* indicates monthly or quarterly data series
 Ivory Coast

Government debt as percent of GDP

 Latest value 56.75
 Year 2022
 Measure percent
 Data availability 1997 - 2022
 Average 50.65
 Min - Max 24.62 - 84.18
 Source International Monetary Fund (IMF)
For that indicator, we provide data for the Ivory Coast from 1997 to 2022. The average value for the Ivory Coast during that period was 50.65 percent with a minimum of 24.62 percent in 2013 and a maximum of 84.18 percent in 1997. The latest value from 2022 is 56.75 percent. For comparison, the world average in 2022 based on 130 countries is 64.74 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Ivory Coast - Government debt - recent values

Historical chart
Ivory Coast - Government debt - historical chart - 1997-2022




The government debt in the Ivory Coast and other countries is calculated as the total amount owed by the national government to domestic and international lenders. It is reported as percent of GDP so that we can evaluate its magnitude relative to the size of the economy.

Government debt of about 60 percent or less of GDP is not considered a problem. The government can make payments without strain and even has some room to borrow more. If debt levels reach 80-90 percent that may have negative effects on the economy. Debt above 120 percent of GDP is quite detrimental.
Definition: Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 10.43 2020 percent
 Government spending, in dollars 6.57 2020 billion U.S. dollars
 Fiscal balance, percent of GDP -3.04 2019 percent
 Government debt 56.75 2022 percent
 Tax revenue 12.56 2021 percent
 Commercial tax rate 50.10 2019 percent
 Tax preparation time 187 2019 hours
 Number of taxes 25 2019 taxes
 Taxes on goods and services 40.70 2021 percent
 Taxes on international trade 23.92 2021 percent
 Income and profits taxes 24.25 2021 percent
 Foreign aid 1,551.30 2021 million U.S. dollars
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