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Prior to its colonization by Europeans, Ivory Coast was home to several states, including Gyaaman, the Kong Empire, and Baoulé. Two Anyi kingdoms, Indénié and Sanwi, attempted to retain their separate identity through the French colonial period and after independence. Ivory Coast became a protectorate of France in 1843–1844 and was later formed into a French colony in 1893 amid the European scramble for Africa. Ivory Coast achieved independence in 1960, led by Félix Houphouët-Boigny, who ruled the country until 1993. The country maintained close political and economic association with its West African neighbors while at the same time maintaining close ties to the West, especially France. Since the end of Houphouët-Boigny's rule in 1993, Ivory Coast has experienced one coup d'état, in 1999, and two religion-grounded civil wars. The first took place between 2002 and 2007 and the second during 2010-2011. Ivory Coast is a republic with a strong executive power invested in its President. Through the production of coffee and cocoa, the country was an economic powerhouse in West Africa during the 1960s and 1970s. Ivory Coast went through an economic crisis in the 1980s, contributing to a period of political and social turmoil. Changing into the 21st-century Ivorian economy is largely market-based and still relies heavily on agriculture, with smallholder cash-crop production being dominant.

The official language is French, with local indigenous languages also widely used, including Baoulé, Dioula, Dan, Anyin, and Cebaara Senufo. In total there are around 78 languages spoken in Ivory Coast

Since 1983, Ivory Coast's capital has been Yamoussoukro. Abidjan is the administrative center. Most countries maintain their embassies in Abidjan. The Ivoirian population has suffered because of an ongoing civil war. International human-rights organizations have noted problems with the treatment of captive non-combatants by both sides and the re-emergence of child slavery in cocoa production.

Although most of the fighting ended by late 2004, the country remained split in two, with the north controlled by the New Forces. A new presidential election was expected to be held in October 2005, and an agreement was reached among the rival parties in March 2007 to proceed with this, but it continued to be postponed until November 2010 due to delays in its preparation.

Elections were finally held in 2010. The first round of elections was held peacefully, and widely hailed as free and fair. Runoffs were held 28 November 2010, after being delayed one week from the original date of 21 November. Laurent Gbagbo as president ran against former Prime Minister Alassane Ouattara.

On 2 December, the Electoral Commission declared that Ouattara had won the election by a margin of 54% to 46%. In response, the Gbagbo-aligned Constitutional Council rejected the declaration, and the government announced that country's borders had been sealed. An Ivorian military spokesman said, "The air, land, and sea border of the country are closed to all movement of people and goods.

Ivory Coast has, for the region, a relatively high income per capita (US$1014.4 in 2013) and plays a key role in transit trade for neighboring, landlocked countries. The country is the largest economy in the West African Economic and Monetary Union, constituting 40% of the monetary union’s total GDP. The country is the world's largest exporter of cocoa beans, and the fourth-largest exporter of goods, in general, in sub-Saharan Africa (following South Africa, Nigeria, and Angola).

In 2009, the cocoa-bean farmers earned $2.53 billion for cocoa exports and were expected to produce 630,000 metric tons in 2013. According to the Hershey Company, the price of cocoa beans is expected to rise dramatically in upcoming years. The Ivory Coast also has 100,000 rubber farmers who earned a total of $105 million in 2012.

The maintenance of close ties to France since independence in 1960, diversification of agriculture for export, and encouragement of foreign investment have been factors in the economic growth of Ivory Coast. 

Agriculture was the foundation of the economy in Ivory Coast and its main source of growth. In 1987 the agricultural sector contributed 35 percent of the country's GDP and 66 percent of its export revenues, provided employment for about two-thirds of the national work force, and generated substantial revenues despite the drop in coffee and cocoa prices. From 1965 to 1980, agricultural GDP grew by an average 4.6 percent per year. Growth of agricultural GDP from coffee, cocoa, and timber production, which totaled nearly 50 percent of Ivory Coast's export revenues, averaged 7 percent a year from 1965 to 1980.

In Ivory Coast 64.8% of the land is agricultural and therefore their economy’s foundation is mostly based on their agriculture. Fifty-five percent of their income comes from exports of cocoa and coffee which are both agricultural products.