Good momentum, but still vulnerable

D4

SENSITIVE RISK for enterprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

The country risk assessments are your North Star metrics to make the right decision for your business and understand the risks in international trade. We have always the best solution for your needs

Swipe to view more

GDP USD 17.39bn (World ranking 116, World Bank 2020)
Population 20.25mn (World ranking 59, World Bank 2020)
Form of state Republic
Head of government Assimi GoÏta
Next elections 2022, presidential and legislative
  • Natural resource base includes gold and agricultural crops such as cotton.
  • Low inflation and limited transfer and exchange rate risks as a result of membership in the CFA franc zone.
  • Large-scale debt relief in 2003-06 resulted in a more manageable external debt burden.
  • Access to IMF financing.
  • Significant domestic and regional security and stability risks. Existential threat to the current sovereign state.
  • High levels of poverty.
  • Poor infrastructure and a landlocked position limit economic development and impose additional trading costs.
  • Lack of significant economic diversification.
  • Narrow fiscal base and inefficient tax administration partly explain large and recurrent fiscal deficits.
  • Large current account deficits, only partly covered by FDI.
  • Weak business environment

Trade structure by destination/origin

(% of total, 2020)

Exports Rank Imports
UAE 36.4%
1
21.8% Senegal
Switzerland 33.3%
2
17.1% China
Australia 6.3%
3
8.1% Côte d'Ivoire
Malaysia 3.7%
4
6.8% France
China 2.6%
5
4.9% Mauritania

Trade structure by product

(% of total, 2020)

Exports Rank Imports
Gold, non-monetary (excluding gold ores and concentrates) 79.4%
1
15.8% Petroleum, petroleum products and related materials
Textiles fibres and their wastes 7.9%
2
8.6% Road vehicles
Live animals other than animals of division 03 1.6%
3
6.9% Non metallic mineral manufactures, n.e.s.
Fertilizers other than group 272 1.5%
4
4.6% Cereals and cereal preparations
Other transport equipment 1.3%
5
4.5% Specialised machinery
Popular Risk Reports: Americas

Popular Risk Reports: Europe

Popular Risk Reports: Asia Pacific

Popular Risk Reports: Middle East

Popular Risk Reports: Africa