chief of mission: Ambassador Yao Charles KOFFI chancery: 3421 Massachusetts Avenue NW, Washington, DC 20007 telephone: [1] (202) 797-0300 FAX: [1] (202) 244-3088
Diplomatic representation from the US:
chief of mission: Ambassador Wanda L. NESBITT embassy: Cocody Riviera Golf 01, Abidjan mailing address: B. P. 1712, Abidjan 01 telephone: [225] 22 49 40 00 FAX: [225] 22 49 43 32
Flag description:
three equal vertical bands of orange (hoist side), white, and green note: similar to the flag of Ireland, which is longer and has the colors reversed - green (hoist side), white, and orange; also similar to the flag of Italy, which is green (hoist side), white, and red; design was based on the flag of France
Economy
Cote d'Ivoire
Economy - overview:
Cote d'Ivoire is the world's largest producer and exporter of cocoa beans and a significant producer and exporter of coffee and palm oil. Consequently, the economy is highly sensitive to fluctuations in international prices for these products, and, to a lesser extent, in climatic conditions. Despite government attempts to diversify the economy, it is still heavily dependent on agriculture and related activities, engaging roughly 68% of the population. Since 2006, oil and gas production have become more important engines of economic activity than cocoa. According to IMF statistics, earnings from oil and refined products were $1.3 billion in 2006, while cocoa-related revenues were $1 billion during the same period. Cote d'Ivoire's offshore oil and gas production has resulted in substantial crude oil exports and provides sufficient natural gas to fuel electricity exports to Ghana, Togo, Benin, Mali and Burkina Faso. Oil exploration by a number of consortiums of private companies continues offshore, and President GBAGBO has expressed hope that daily crude output could reach 200,000 barrels per day (b/d) by the end of the decade. Since the end of the civil war in 2003, political turmoil has continued to damage the economy, resulting in the loss of foreign investment and slow economic growth. GDP grew by 1.8% in 2006 and 1.7% in 2007. Per capita income has declined by 15% since 1999.
GDP (purchasing power parity):
$32.85 billion (2007 est.)