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TOOL · GROSS COST

How much would a basic income cost in Côte d’Ivoire?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 18,301,587child population 12,864,067year 2023World Bank WDI

GROSS ANNUAL COST

237,443 million

in XOFF CFA 237,442,756,800

Equal to 0.5% of reference GDP

Population covered: 31,165,654 people

Adults: 18,301,587 × F CFA 800 × 12 = F CFA 175,695,235,200

Children: 12,864,067 × F CFA 400 × 12 = F CFA 61,747,521,600

F CFA 175,695,235,200 + F CFA 61,747,521,600 = F CFA 237,442,756,800

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $80,780,312,569 · World Bank WDI

Currency XOF · exchange rate 606.5698 XOF/USD (2023)

Converted cost $391,451,695 for the GDP share.