Ivory Coast: Fiscal balance, percent of GDP
* indicates monthly or quarterly data series
| Ivory Coast |
Fiscal balance, percent of GDP |
|---|---|
| Latest value | -3.04 |
| Year | 2019 |
| Measure | percent |
| Data availability | 2008 - 2019 |
| Average | -2.60 |
| Min - Max | -4.51 - 0.86 |
| Source | Central Bank of West African States |
The latest value from 2019 is -3.04 percent, an increase from -3.95 percent in 2018. In comparison, the world average is -1.46 percent, based on data from 188 countries. Historically, the average for the Ivory Coast from 2008 to 2019 is -2.6 percent. The minimum value, -4.51 percent, was reached in 2017 while the maximum of 0.86 percent was recorded in 2009.
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Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.
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International lending and sovereign debt
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 10.43 | 2020 | percent |
| Government spending, in dollars | 8.12 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -3.04 | 2019 | percent |
| Government debt | 55.28 | 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 |