Macroeconomic Forecasts - C?te d'Ivoire - AUG 2017


Macroeconomic Forecasts (Cote dIvoire 2013-2019)
Indicator 2013e 2014e 2015e 2016e 2017f 2018f 2019f
e/f = BMI estimate/forecast. Source: National Sources
Population, mn 21.6 22.2 22.7 23.3 23.8 24.4 25.0
Nominal GDP, USDbn 31.3 34.3 32.1 34.3 36.0 38.7 42.1
GDP per capita, USD 1,445 1,545 1,412 1,473 1,510 1,588 1,687
Real GDP growth, % y-o-y 9.2 8.5 9.5 9.1 6.8 7.3 7.6
Consumer price inflation, % y-o-y, ave 2.6 0.5 1.4 0.7 1.3 2.5 2.5
Consumer price inflation, % y-o-y, eop 0.4 0.9 1.3 -0.2 1.5 2.8 2.6
Central bank policy rate, % eop 3.50 3.50 3.50 4.50 4.50 4.50 4.50
Exchange rate XOF/USD, ave 495.04 494.41 591.45 592.88 624.72 643.10 655.96
Exchange rate XOF/USD, eop 476.99 540.28 602.51 623.71 636.85 643.10 655.96
Budget balance, XOFbn -344.4 -376.1 -664.9 -742.3 -1,187.3 -1,104.6 -1,091.1
Budget balance, % of GDP -2.2 -2.2 -3.5 -3.7 -5.3 -4.4 -3.9
Goods and services exports, USDbn 14.1 14.8 14.0 13.9 15.3 16.1 17.2
Goods and services imports, USDbn 12.6 13.3 12.7 13.1 14.3 15.0 15.7
Current account balance, USDbn 0.1 0.1 -0.1 -0.8 -1.0 -1.0 -0.7
Current account balance, % of GDP 0.5 0.2 -0.2 -2.4 -2.9 -2.6 -1.6
Foreign reserves ex gold, USDbn 4.2 4.5 4.9 5.4 6.0 6.6 7.2
Import cover, months 4.2 4.4 5.2 4.9 5.0 5.2 5.5
Total external debt stock, USDbn 9.7 9.6 10.0 10.9 12.0 13.1 14.0
Total external debt stock, % of GDP 31.1 28.0 31.3 31.8 33.4 33.8 33.2
Crude, NGPL & other liquids prod, 000b/d 37.0 36.0 35.3 55.0 53.9 52.9 51.3
Total net oil exports (crude & products), 000b/d 11.7 9.6 7.8 26.2 23.6 21.0 17.8
Dry natural gas production, bcm 1.8 2.0 2.2 2.3 2.3 2.4 2.4
Dry natural gas consumption, bcm 1.8 2.0 2.2 2.3 2.3 2.8 3.5