Insurance and financial services in Cote d'Ivoire
Cote d'Ivoire: Insurance and financial services was 3.1% in 2024. ◆ Volatile
Insurance and financial services in Cote d'Ivoire, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
The most recent figure for insurance and financial services in Cote d'Ivoire is 3.1%, measured in 2024.
The figure is up 7.5% on the previous year and up 195.6% over ten years.
Over the whole period, insurance and financial services in Cote d'Ivoire peaked at 9.5% in 2006 and was at its lowest, 0.1%, in 2016.
That places Cote d'Ivoire 88th out of 190 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services in Cote d'Ivoire, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 2005 | 9.4% | — |
| 2006 | 9.5% | +1.3% |
| 2007 | 9.5% | -0.0% |
| 2008 | 9.4% | -0.8% |
| 2009 | 8.9% | -5.4% |
| 2010 | 8.6% | -3.8% |
| 2011 | 9.0% | +4.5% |
| 2012 | 9.2% | +2.9% |
| 2013 | 3.1% | -66.8% |
| 2014 | 1.1% | -65.6% |
| 2015 | 1.1% | +5.5% |
| 2016 | 0.1% | -95.0% |
| 2017 | 1.2% | +2039.4% |
| 2018 | 2.1% | +79.3% |
| 2019 | 0.6% | -71.3% |
| 2020 | 2.5% | +312.1% |
| 2021 | 2.2% | -13.9% |
| 2022 | 2.0% | -7.8% |
| 2023 | 2.9% | +44.0% |
| 2024 | 3.1% | +7.5% |
Cote d'Ivoire compared with similar countries
- Cote d'Ivoire's 3.1% is above the median for lower middle income countries, which is 1.6%, 1.9× the median. (46 countries reporting)
- Cote d'Ivoire's 3.1% is above the median for Sub-Saharan Africa, which is 3.1%, 1.0× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Cote d'Ivoire changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +2039.4% | 0.1% | 1.2% |
| 2020 | +312.1% | 0.6% | 2.5% |
| 2016 | -95.0% | 1.1% | 0.1% |
| 2018 | +79.3% | 1.2% | 2.1% |
| 2019 | -71.3% | 2.1% | 0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.3% | 8.9% | 9.5% | 5 |
| 2010s | 3.6% | 0.1% | 9.2% | 10 |
| 2020s | 2.5% | 2.0% | 3.1% | 5 |
Countries ranked near Cote d'Ivoire
More economy & growth data for Cote d'Ivoire
- Foreign direct investment, net outflows (BoP, current US$), gaps 227.78 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0026 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 7.13 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.12 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 25.61 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0358 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 97.75 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 7.73 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.0871 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 265.63 current US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in Cote d'Ivoire?
- Insurance and financial services in Cote d'Ivoire was 3.1% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Cote d'Ivoire?
- The highest recorded value was 9.5% in 2006.
- What is the lowest insurance and financial services recorded in Cote d'Ivoire?
- The lowest recorded value was 0.1% in 2016.
- How does Cote d'Ivoire rank for insurance and financial services?
- Cote d'Ivoire ranks 88th out of 190 countries with data for 2024.
- Is insurance and financial services rising or falling in Cote d'Ivoire?
- Over the last ten years it is up 195.6%. The long-run trend across the full record is volatile.
- Where does this Cote d'Ivoire data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of service exports, BoP). Statizoid updates them automatically from the source API.
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About this data
Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.