Real GDP Per Capita for Cote d'Ivoire
CIVNGDPRPCPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.44
Year-over-Year Change
-40.34%
Date Range
1/1/2000 - 1/1/2026
Summary
The 'Real GDP Per Capita for Cote d'Ivoire' series measures the total economic output per person in the Ivory Coast, adjusted for inflation. This key metric provides insights into the country's standard of living and economic development.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Real GDP per capita is a widely used economic indicator that measures the total economic output (gross domestic product) of a country divided by its population. It is a proxy for the average standard of living and level of development within a country.
Methodology
This data is calculated by the World Bank using national accounts data and population estimates.
Historical Context
Policymakers and economists analyze trends in real GDP per capita to gauge a country's economic progress and inform policy decisions.
Key Facts
- Cote d'Ivoire's real GDP per capita was $1,649 in 2021.
- Real GDP per capita in Cote d'Ivoire has grown by 35% since 2010.
- The Ivory Coast is classified as a lower-middle-income economy by the World Bank.
FAQs
Q: What does this economic trend measure?
A: The 'Real GDP Per Capita for Cote d'Ivoire' series measures the total economic output of the Ivory Coast divided by its population, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: Real GDP per capita is a key indicator of a country's standard of living and economic development, making it relevant for policymakers, economists, and anyone interested in the Ivory Coast's economic progress.
Q: How is this data collected or calculated?
A: This data is calculated by the World Bank using national accounts data and population estimates.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze trends in real GDP per capita to gauge a country's economic progress and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 year delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Real GDP Per Capita for Cote d'Ivoire (CIVNGDPRPCPCPPPT), retrieved from FRED.