Vol. 2011 No. 1 (2011)

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Informal Economy and GDP Contribution in Côte d'Ivoire: Implications for Policy

Achou Guengueng, Côte d'Ivoire Digital Research Centre Bamba Kouadio, Côte d'Ivoire Institute of Advanced Studies Mamadou Coulibaly, Department of Research, Côte d'Ivoire Public Health Research Unit Diao Konan, Côte d'Ivoire Institute of Advanced Studies
DOI: 10.5281/zenodo.18932647
Published: November 3, 2011

Abstract

Côte d'Ivoire's economy is heavily influenced by its informal sector, which contributes significantly to the country's GDP but is often underreported in official statistics. Qualitative analysis based on secondary data from government reports, surveys, and interviews with business owners in key sectors of the informal economy. The informal economy contributes approximately 25% to Côte d'Ivoire's GDP, with a notable presence in agriculture, retail, and services. This sector is characterized by small-scale enterprises and self-employed individuals operating outside formal regulatory frameworks. Policy recommendations include the need for improved access to finance, market information, and training opportunities for informal economy participants to support their growth and integration into the national economy. Develop a formalization programme, enhance financial inclusion through microfinance initiatives, and establish a data collection system that accurately reflects the contributions of the informal economy in official GDP statistics.

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How to Cite

Achou Guengueng, Bamba Kouadio, Mamadou Coulibaly, Diao Konan (2011). Informal Economy and GDP Contribution in Côte d'Ivoire: Implications for Policy. African Creative Economy Studies (Interdisciplinary - Arts/Economics/Social), Vol. 2011 No. 1 (2011). https://doi.org/10.5281/zenodo.18932647

Keywords

Sub-SaharanAfricanEconomyGrowthInformalAnalysisEmpirical

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Vol. 2011 No. 1 (2011)
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African Creative Economy Studies (Interdisciplinary - Arts/Economics/Social)

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