Ivory Coast's real GDP growth is expected to reach 6.2% in 2022 and 6.6% in 2023, Fitch Solutions Country Risk & Industry Research estimated on Wednesday 15 June.

Fitch Solutions Country Risk & Industry Research released this forecast for Côte d'Ivoire's economic growth in a recently released report. Between October 2021 and April 2022, the cumulative arrivals of cocoa beans from local farms were estimated at 1.8 billion tons, a decrease of 3.2% compared to the period October 2020-April 2021. Better still, the improvement in the epidemiological situation after the anti-Covid vaccination campaigns and the increase in investments in the construction, transport, logistics and energy sectors would explain this forecast.

Furthermore, inflation fell to 4% in April, following a peak of 5.6% in January, remaining very low by regional standards (23.6% in Ghana and 16.8% in Nigeria, in April). last) is one of the bases for this estimate. However, the expected growth rate in 2022 is slightly lower than in 2021 (6.5% according to Fitch estimates).