Country Overview
Cote d’Ivoire fosters competition among businesses by creating a regulatory environment that supports new companies. Despite improvements in political stability and transparency in public procurement processes, Cote d’Ivoire still faces challenges to improve the attractiveness of investment opportunities for capital flow into infrastructure projects.
See Full Overview Data
GDP per capita
1,691 USD
Population
26.3 million persons
Infrastructure investment
4.8% of GDP
Infrastructure gap
0.9% of GDP

Driver Overview

This section shows a country’s rank, ranking change and score for each of the eight drivers. It also categorises each country’s driver performance on a scale from “Emerging” (score from 0-20) to “Global Leader” (score from 80-100).

Driver
Rank
Score /100
Emerging Aspiring Contender Top performer Global Leader
- No ranking change Ranking increase Ranking decrease

Rank

Score /100

Best practice

47
4
49.9
Contender
55
2
52.9
Aspiring
44
5
68.4
Contender
41
3
72.8
Contender
34
12
79.6
Contender
42
7
33.4
Contender
54
2
24.1
Aspiring
53
7
26.9
Aspiring

Metric Overview

Strengths

Cost to start a business

According to the World Bank, the average cost of starting a business in Cote d’Ivoire is 2.7% of income per capita in 2019, lower than the Lower Middle Income Countries average of 17%. This eases the entry of new firms.

Time required to start a business

According to the World Bank, the time required to start a business in Cote d’Ivoire is six days, which is lower than the Lower Middle Income Countries’ average of 17 days. Shorter times to set up businesses can persuade businesses to set up in a country, including new infrastructure entities.

Transparency in public procurement

Cote d’Ivoire’s public procurement notices are made available online and tender documents transparently detail procurement procedures. The transparency of the process encourages more participation and competition, which can drive value for money.

Cost to start a business

According to the World Bank, the average cost of starting a business in Cote d’Ivoire is 2.7% of income per capita in 2019, lower than the Lower Middle Income Countries average of 17%. This eases the entry of new firms.

Time required to start a business

According to the World Bank, the time required to start a business in Cote d’Ivoire is six days, which is lower than the Lower Middle Income Countries’ average of 17 days. Shorter times to set up businesses can persuade businesses to set up in a country, including new infrastructure entities.

Transparency in public procurement

Cote d’Ivoire’s public procurement notices are made available online and tender documents transparently detail procurement procedures. The transparency of the process encourages more participation and competition, which can drive value for money.

Top Performing Metrics

Top Performing Metrics

This is defined by the metrics with the highest unweighted score out of 100. 

Lower middle income country average

Opportunities to Grow

Market sounding and/or assessment

According to the World Bank, there is an absence of market sounding process in Cote d’Ivoire. Adding one could allow the government to determine if there is an interest from investors and lenders to provide commercial financing for projects.

Effect of taxation on incentives to invest

Cote d’Ivoire’s score is slightly lower than the Lower Middle Income Countries average score of 46. Cote d’Ivoire has some measures in place to promote investment, however, it could be improved. A low score could discourage investment and affect the competitiveness of the market.

Domestic credit to private sector

Cote d’Ivoire has domestic credit to its private sector valued at 26% of its GDP, which is lower than the Lower Middle Income Countries’ average score of 44%. A low value could reflect limited availability of capital for infrastructure projects.

Market sounding and/or assessment

According to the World Bank, there is an absence of market sounding process in Cote d’Ivoire. Adding one could allow the government to determine if there is an interest from investors and lenders to provide commercial financing for projects.

Effect of taxation on incentives to invest

Cote d’Ivoire’s score is slightly lower than the Lower Middle Income Countries average score of 46. Cote d’Ivoire has some measures in place to promote investment, however, it could be improved. A low score could discourage investment and affect the competitiveness of the market.

Domestic credit to private sector

Cote d’Ivoire has domestic credit to its private sector valued at 26% of its GDP, which is lower than the Lower Middle Income Countries’ average score of 44%. A low value could reflect limited availability of capital for infrastructure projects.

Metrics to Improve

Metrics to Improve

This is defined by the metrics with the lowest weighted score out of 100, such that these metrics would have the greatest impact on the overall score.

For metrics that have binary outcomes (yes=100/no=0), no comparative income group average is reported.

Lower middle income country average

Detailed Data

This section shows country data for each of the 41 metrics. Note that all data has been normalised on a scale of 1-100. For raw metric data, please download the complete InfraCompass 2020 dataset. 

Where relevant, some metric scores have been inverted, such that all metrics have positive relationships with good infrastructure outcomes. For example, since lower compliance costs make it easier to invest in infrastructure, the normalised value of ‘number of procedures to start a business’ has been reversed such that lower number of procedures are scored closer to 100, and higher numbers closer to 0. In other words, a score of 0 indicates a poor performance, rather than 0 number of procedures.

Governance Regulatory Permits Planning Procurement Activity Funding Financial
Driver
Rank
Score /100
Emerging Aspiring Contender Top performer Global Leader
- No ranking change Ranking increase Ranking decrease

Metric

Cote d'Ivoire

Lower middle Income Countries Average

Source Link

28.2%

Recovery rate

The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.

36.8 (-2.2)
31.4

20.7%

Rule of law

World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.

38.4 (+1.3)
41.5

18.1%

Post-completion reviews

Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.

Yes
-

15.1%

Shareholder governance

Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).

26.7
34.2

12.8%

Political stability and absence of violence score

Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.

34.5 (-0.4)
38.7

5%

Infrastructure or PPP agency

Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.

Yes
-

Cote d'Ivoire

Lower middle Income Countries Average

36.8 (-2.2)
31.4
38.4 (+1.3)
41.5
Yes
-
26.7
34.2
34.5 (-0.4)
38.7
Yes
-

Country Overview Data

Cote d’Ivoire fosters competition among businesses by creating a regulatory environment that supports new companies. Despite improvements in political stability and transparency in public procurement processes, Cote d’Ivoire still faces challenges to improve the attractiveness of investment opportunities for capital flow into infrastructure projects.
GDP per capita

1,691 USD

Population

26.3 million persons

Infrastructure investment

4.8% of GDP

Infrastructure gap

0.9% of GDP

GDP

44.4 USD billion

GDP growth rate

7.5%

GDP per capita growth rate

0.6%

Gini coefficient

25.9 (0-100 worst)

Gross Government Debt

53.0% of GDP

Inflation rate

1.0%

Summary credit rating

37.0 (0-100 best)

Unemployment rate

2.4%

Urbanisation ratio

51.0% of total population

Road connectivity

77.7 (0-100 best)

Quality of road infrastructure

3.6 (1-7 best)

Efficiency of train services

2.9 (1-7 best)

Efficiency of air transport services

4.6 (1-7 best)

Efficiency of seaport services

4.0 (1-7 best)

Electricity access

59.9% of population

Electricity supply quality

19.4% of output lost

Exposure to unsafe drinking water

65.6% of population

Reliability of water supply

3.9 (1-7 best)

Mobile-broadband subscriptions

61.6 per 100 population

Fixed-broadband Internet subscriptions

0.7 per 100 population