Cote D’Ivoire’s Doing Business 2013 overall ranking is 177 out of 185 economies, with no change in rank from last year.
According to the latest Enterprise Surveys (2009), the top 3 obstacles that businesses face are Access to Finance, Political Instability, and Corruption. Only 11.5% of firms in Cote D’Ivoire have a line of credit or loan from a financial institution, compared to 22.7% regionally, and 35.9% for all countries surveyed.
In the World Bank’s Worldwide Governance Indicators (2010), Cote D’Ivoire is in the 10th percentile or lower for the Political Stability, Government Effectiveness, and Rule of Law indicators.
Côte d’Ivoire is one of the most open countries to foreign equity ownership, as measured by the Investing Across Sectors indicators. All of its business sectors covered by the indicators are fully open to foreign investment. With the exception of electricity transmission, there are no other sectors with monopolistic or oligopolistic market structures nor are there any perceived difficulties in obtaining any required operating licenses.
Cote d’Ivoire’s economic freedom score is 54.3, making its economy the 126th freest in the 2012 Index. Its score is 1.1 points lower than last year, reflecting a significant decline in property rights. Cote d’Ivoire is ranked 24th out of 46 countries in the Sub-Saharan Africa region, and its overall score is slightly above the regional average.
