Gross National Income for Cote d'Ivoire
MKTGNICIA646NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
83,064,980,537.66
Year-over-Year Change
220.38%
Date Range
1/1/1960 - 1/1/2024
Summary
Gross National Income (GNI) for Cote d'Ivoire measures the total income earned by a country's residents and businesses, both domestically and abroad. It is a key indicator of economic performance and living standards in the country.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
GNI represents the value of all goods and services produced by a country's citizens, regardless of their location. It is an important metric for evaluating a nation's economic health and progress over time. Economists and policymakers use GNI data to assess a country's development and make informed decisions.
Methodology
The World Bank collects GNI data through surveys and national accounts reported by member countries.
Historical Context
GNI data is widely used to track economic growth, set development goals, and allocate international aid and resources.
Key Facts
- Cote d'Ivoire's GNI per capita was $2,290 in 2020.
- GNI growth has averaged 3.2% annually over the past decade.
- GNI data is used to calculate the UN's Human Development Index.
FAQs
Q: What does this economic trend measure?
A: Gross National Income (GNI) for Cote d'Ivoire measures the total income earned by the country's residents and businesses, both domestically and abroad.
Q: Why is this trend relevant for users or analysts?
A: GNI is a key indicator of a country's economic performance and living standards, making it highly relevant for economists, policymakers, and development analysts.
Q: How is this data collected or calculated?
A: The World Bank collects GNI data through surveys and national accounts reported by member countries.
Q: How is this trend used in economic policy?
A: GNI data is widely used to track economic growth, set development goals, and allocate international aid and resources.
Q: Are there update delays or limitations?
A: GNI data may have some update delays, as it relies on national reporting by member countries.
Related Trends
Number of Identified Exporters to Cote d'Ivoire from Idaho
IDCIVA475SCEN
Number of Identified Exporters to Cote d'Ivoire from South Carolina
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Number of Identified Exporters to Cote d'Ivoire from Wisconsin
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Value of Exports to Cote d'Ivoire from Washington
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Liquid Liabilities (Broad Money) for Cote d'Ivoire
DDOI07CIA648NWDB
Number of Identified Exporters to Cote d'Ivoire from Washington
WACIVA475SCEN
Citation
U.S. Federal Reserve, Gross National Income for Cote d'Ivoire (MKTGNICIA646NWDB), retrieved from FRED.