Business Dynamics: Côte d’Ivoire

May 2023

Côte d’Ivoire is facing significant challenges in its business environment due to prevalent corruption, inadequate infrastructure, and a crucial shortage of skilled professionals. Additionally, the country's ICT sector is underdeveloped, higher education attainment rates remain low, and the population’s literacy is stagnating. Despite these obstacles, the Ivorian Government has implemented structural reforms in recent years that have made it easier to start a business and obtain credit.

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The Country Briefings series examine market potential, economic and consumer trends impacting each country and how they are set to change.

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Business Dynamics: Côte d’Ivoire


Weak monetary market and low judicial efficiency cloud country’s business environment competitiveness
Despite improving financial and investment climate, country still struggles to attract foreign direct investment
Highly illiterate population and low educational attainment levels fail to ensure a strong foundation for future workforce skills
Lack of investment in roads and infrastructure limits logistics and trade landscape
Low ICT adoption rates and weak innovation potential limit the country’s competitive landscape
Chart 1 Operational and Legal Environment Key Indicators
Chart 2 Index of Economic Freedom Ranking by Pillar in Côte d'Ivoire and Regional Comparison 2022
Chart 3 Index of Economic Freedom Ranking 2017-2022
Chart 4 Index of Economic Freedom: Judicial Effectiveness Pillar Rank in Côte d'Ivoire and Regional Comparison 2017-2022
Chart 5 Index of Economic Freedom: Government Integrity Pillar Rank in Côte d'Ivoire and Regional Comparison 2017-2022
Chart 6 Corruption Perceptions Ranking: Côte d'Ivoire and Regional Comparison 2017-2022
Chart 7 Key Financial and Investment Indicators
Chart 8 Index of Economic Freedom: Property Rights Pillar Rank in Côte d'Ivoire and Regional Comparison 2017-2022
Chart 9 Bank Claims on the Private Sector as % of GDP 2017-2022
Chart 10 Key Skills and Labour Indicators
Chart 11 Population Aged 15+ with Higher Education 2017-2022
Chart 12 Education Indicators 2022
Chart 13 Employment by Age 2022
Chart 14 Employment by Gender 2022
Chart 15 Youth Unemployment Rate 2017-2022
Chart 16 Labour Structure Change 2017-2022
Chart 17 Labour Structure Comparison 2022
Chart 18 Self Employed as % of Total Employed Population 2022
Chart 19 Index of Economic Freedom: Labour Pillar Rank in Côte d'Ivoire and Regional Comparison 2017-2022
Chart 20 Wage per Hour in Manufacturing Sector 2017-2022
Chart 21 Labour Market Regulations in Côte d'Ivoire and Regional Comparison 2022
Chart 22 Key Infrastructure Indicators
Chart 23 Index of Economic Freedom: Trade Freedom Pillar Rank in Côte d'Ivoire and Regional Comparison 2017-2022
Chart 24 The Top Four Largest Côte d'Ivoire’s Export Categories 2017-2022
Chart 25 Transportation Mode Indicators in Côte d'Ivoire and Regional Comparison
Chart 26 Road Infrastructure 2022
Chart 27 Innovation and Digitalisation Key Indicators
Chart 28 Network Readiness Ranking by Pillar in Côte d'Ivoire and Regional Comparison 2022
Chart 29 Network Readiness Ranking for Côte d'Ivoire and Regional Comparison 2019-2022
Chart 30 Network Readiness Ranking: Technology Pillar for Côte d'Ivoire and Regional Comparison 2019-2022
Chart 31 Intellectual Property: Côte d'Ivoire Compared to Selected Regional Peers 2022
The 2022 Index of Economic Freedom
The Network Readiness Index (NRI) 2022

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