Fast Market Research

New Market Study Published: Cote d'Ivoire Business Forecast Report Q2 2014

New Country Reports market report from Business Monitor International: "Cote d'Ivoire Business Forecast Report Q2 2014"

 

Boston, MA -- (ReleaseWire) -- 02/20/2014 -- Cote d'Ivoire's economy will continue to expand rapidly over the coming years, with real GDP growth averaging 8.9% annually between 2014 and 2018. High public investment and a buoyant consumer segment will be the main drivers of growth, while ongoing reforms to the business climate should see foreign investment continue to accelerate.

The combination of stagnating cocoa production and soaring demand for consumer and capital goods imports will see Cote d'Ivoire maintain a moderate current account shortfall over the coming years. Robust FDI inflows, however, should ensure that the deficit is adequately covered.

The government has put political reconciliation at the top of the agenda in 2014. While this, together with the more conciliatory rhetoric seen from both sides of late, is an encouraging sign, we believe that meaningful progress on this front is unlikely over the near term.

View Full Report Details and Table of Contents

Major Forecast Changes

A historical revision made by the UN's statistical authorities to Cote d'Ivoire's 2012 headline GDP figure, from 9.8% to 8.6%, has had modest knock-on effects for our short-term growth projections. We are now predicting real GDP growth of 8.7% in 2014 compared with 8.2% previously.

Key Risks To Outlook

The country's positive economic prospects remain heavily contingent on political stability, and any notable deterioration in this area would pose a major threat to the nation's recovery. Political tensions remain high, and BMI does not believe that any substantial progress towards integrating opposition supporters into the political process is likely in the short term.

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Country Reports research reports at Fast Market Research

You may also be interested in these related reports:

- Oman and Yemen Business Forecast Report Q2 2014
- Kuwait Business Forecast Report Q2 2014
- Canada Business Forecast Report Q2 2014
- Chile Business Forecast Report Q2 2014
- Hong Kong Business Forecast Report Q2 2014
- Croatia Business Forecast Report Q2 2014
- Japan Business Forecast Report Q2 2014
- Hungary Business Forecast Report Q2 2014
- Botswana Business Forecast Report Q2 2014
- Brazil Business Forecast Report Q2 2014