The GDP composition of Ivory Coast in 2023 highlights mining, manufacturing, and utilities as the dominant sectors at 26.25%, followed by services at 25.8%. Agriculture, hunting, forestry, and fishing account for 20.85%, demonstrating significant importance, given Ivory Coast's agricultural backbone. Wholesale, retail trade, restaurants, and hotels represent 11.65%, while transport, storage, and communication contribute 8.89%. Construction shows a smaller portion at 6.57%. Over the past two years, these sectors have shown stability with slight variations.
Looking forward, trends to watch include potential growth in the services sector driven by technological adoption and increased value-chain enhancement in agriculture. Investment in infrastructure could boost construction and transport, while sustainable practices might impact mining and agriculture. Monitoring global commodity prices and trade policies will be crucial for economic forecasting and strategic planning.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Mining, Manufacturing, Utilities | 26.25 | 2016 | |
| 2 | 2 Services | 25.8 | 2016 | |
| 3 | 3 Agriculture, hunting, forestry, fishing | 20.85 | 2016 | |
| 4 | 4 Wholesale, retail trade, restaurants and hotels | 11.65 | 2016 | |
| 5 | 5 Transport, storage and communication | 8.89 | 2016 | |
| 6 | 6 Construction | 6.57 | 2016 |