Côte d'Ivoire's economy is heavily influenced by its informal sector, which contributes significantly to GDP but remains underreported in official statistics. This study reviews existing literature on the informal sector in Côte d'Ivoire, analysing secondary data from national surveys and government reports. The informal economy accounts for approximately 40% of Cote d'Ivoire's GDP, with a notable concentration in sectors like agriculture and services. This underreporting highlights significant economic activity that is not captured by official statistics. Given the substantial contribution of the informal sector to Côte d'Ivoire's economy, there is an urgent need for policy reforms aimed at improving the legal status and tax compliance of small businesses within this sector. Develop targeted policies that facilitate formalization while maintaining affordability for microenterprises. Encourage financial inclusion through microfinance institutions and digital payment platforms.
Koné et al. (Thu,) studied this question.