ontinuing low
prices for commodity exports, an overvalued exchange rate, a bloated
public-sector wage bill, and a large foreign debt hindered economic recovery
in 1991. The government, which has sponsored various economic reform
programs, especially in agriculture, projected an increase of 1.6% in GNP in
1992.
National product:
GDP - exchange rate conversion - $10 billion (1991)
National product real growth rate:
-0.6% (1991)
National product per capita:
$800 (1991)
Inflation rate (consumer prices):
1% (1991 est.)
Unemployment rate:
14% (1985)
Budget:
revenues $2.3 billion; expenditures $3.6 billion, including capital
expenditures of $274 million (1990 est.)
Exports:
$2.8 billion (f.o.b., 1990)
commodities:
cocoa 30%, coffee 20%, tropical woods 11%, petroleum, cotton, bananas,
pineapples, palm oil, cotton
partners:
France, FRG, Netherlands, US, Belgium, Spain (1985)
Imports:
$1.6 billion (f.o.b., 1990)
commodities:
food, capital goods, consumer goods, fuel
partners:
France 29%, other EC 29%, Nigeria 16%, US 4%, Japan 3% (1989)
External debt:
$15 billion (1990 est.)
Industrial production:
growth rate 6% (1990); accounts for 11% of GDP
Electricity:
1,210,000 kW capacity; 1,970 million kWh produced, 150 kWh per capita (1991)
Industries:
foodstuffs, wood processing, oil refinery, automobile assembly, textiles,
fertilizer, beverage
Agriculture:
most important sector, contributing one-third to GDP and 80% to exports;
cash crops include coffee, cocoa beans, timber, bananas, palm kernels,
rubber; food crops - corn, rice, manioc, sweet potatoes; not self-sufficient
in bread grain and dairy products
Illicit drugs:
illicit producer of cannabis; mostly for local consumption; some
international drug trade; transshipment point for Southwest Asian heroin to
Europe

*Cote d'Ivoire, Economy

Economic aid: US commitments, including Ex-Im (FY70-89), $356 million; Western (non-US)
countries, ODA and OOF bilateral commitments (1970-88), $5.2 billion
Currency:
1 CFA franc (CFAF) = 100 centimes
Exchange rates:
Communaute Financiere Africaine francs (CFAF) per US$1 - 274.06 (January
1993), 264.69 (1992), 282.11 (1991), 272.26 (1990), 319.01 (1989), 297.85
(1988)
Fiscal year:
calendar year

*Cote d'Ivoire, Communications

Railroads:
660 km (Burkina border to Abidjan, 1.00-meter gauge, single track, except 25
km Abidjan-Anyama secti