Côte d’Ivoire’s debt-to-GDP ratio peaked at in 1994, primarily driven by a severe economic crisis and currency devaluation within the West African Economic and Monetary Union (WAEMU). Subsequent debt restructuring and fiscal reforms led to a sharp decline, reaching in 1999 and further to in 2003.
After 2011, the debt ratio stabilized at lower levels, largely due to the Heavily Indebted Poor Countries (HIPC) Initiative, which granted substantial debt relief. However, public investments to support infrastructure and growth caused debt to rise modestly, from in 2012 to in 2019. The pandemic-induced spending in 2020 led to a rise to , with the ratio further climbing to by 2022, reflecting ongoing fiscal challenges.
After 2011, the debt ratio stabilized at lower levels, largely due to the Heavily Indebted Poor Countries (HIPC) Initiative, which granted substantial debt relief. However, public investments to support infrastructure and growth caused debt to rise modestly, from in 2012 to in 2019. The pandemic-induced spending in 2020 led to a rise to , with the ratio further climbing to by 2022, reflecting ongoing fiscal challenges.
Find out more through related statistics on Côte d’Ivoire’s yearly net ODA, manufacturing share of GDP in Côte d’Ivoire, Côte d'Ivoire’s net lending/borrowing.
