THE LEGATUM PROSPERITY INDEX™ 2016

Bringing Prosperity to Life

Ivory Coast

Ranked 123rd of 149

At a glance

Ranks

123 rd on the Legatum
Prosperity Index™

119th
104th
106th
136th
143rd
118th
78th
118th
72nd

SUB-INDEX RANKINGS

In the Prosperity Sub-Index rankings, Ivory Coast performs best on Natural Environment and Personal Freedom and scores lowest on the Health sub-index.

Visit our Rankings table to see how Ivory Coast compares to other countries.

Prosperity Gap

The ‘Prosperity Gap’ takes a country's GDP and uses it as the yardstick to measure a nation's expected Prosperity Index ranking.

Ivory Coast is a lower-middle income country that has a small prosperity deficit given its wealth. Since 2007, the country has managed to largely close its prosperity deficit. This is due to good performances in the Business Environment and Governance sub-indices, however there remain significant negative gaps in Education and Health.

Note:
In the chart above, each dot represents a country. The curve shows the general tendency with which prosperity increases as GDP per capita increases. If a country falls below the curve, then we can say that compared to all other countries, it is under-delivering prosperity for its citizens. Likewise, if a country rises above the curve, then we can say that it is over-delivering prosperity for its citizens. Learn more about the Prosperity Gap here.

Alternatively, have a look at the Prosperity Gap view on our Rankings table for a full list of countries and to see how each of them are performing on the various sub-indices.

Commentary

The 2016 Prosperity Index captures Ivory Coast as a country that is undergoing its transition from an unstable security and political situation to a post-conflict environment. The Index particularly highlights how the violence that followed the 2010 election had had a negative impact on the country’s development. Then, since 2012, the Index shows a general improvement in different areas, although more needs to be done in the health and educational sectors.

Over the last decade, the most notable positive change comes in the Governance sub-index, where Ivory Coast has posted a 41 rank increase, closing its prosperity deficit that in 2007 was quite significant. Particularly after 2011, the country found political stability, confirmed with the re-election of President Ouattara last year during what was thought to be the freest and most peaceful election in the country’s history. On top of this, people’s confidence in both the honesty of elections and in government itself has increased, and democratic institutions have become stronger. This is indeed an encouraging step in the country’s road towards more prosperity.

The Index has recorded another substantial improvement in the Business Environment sub-index: here Ivory Coast has moved up 26 ranks, because of reforms making it easier to start a business, as well as better policies related to resolving insolvency and getting access to credit. However, credit itself and electricity remain an issue for developing a more competitive business climate, thus further improvement is needed.

Education is one of Ivory Coast’s weakest areas, as well as one of the few sub-indices that has not improved over the past ten years. The adult and youth literacy rates are particularly alarming: both have decreased since 2007, and are now down at 40.5% and 50%, respectively – among the lowest values in the region. On the other side, primary completion rate has improved from 46% to 57% since 2007, and people’s satisfaction with the educational system has more than doubled, going from 26 to 55 percent.

In Ivory Coast, literacy rates have been decreasing since 2007, and are now among the lowest in Sub-Saharan Africa (particularly for what concerns youth).
In Ivory Coast, literacy rates have been decreasing since 2007, and are now among the lowest in Sub-Saharan Africa (particularly for what concerns youth).

In Personal Freedom, overall the situation is much brighter than it was ten years ago, when protracted religious clashes between the Muslim North and the Christian South were a serious threat to the country's stability. Since then, religious restrictions have decreased, both in government and in society, although tolerance towards ethnic minorities and immigrants has not followed the same path. Freedom of the press has also improved and now exceeds the regional average, though it remains below the world average.


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Data

How to read this graph:
When comparing multiple countries on a spider chart, data points that appear
further away from the center represent a better performance to the points that are closer to the center.