Insurance and financial services in Congo
Congo: Insurance and financial services was 1.4% in 2021. ◆ Volatile
Insurance and financial services in Congo, 1978–2021
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
The most recent figure for insurance and financial services in Congo is 1.4%, measured in 2021.
Compared with earlier readings it is up 8.8% on the previous year and up 47.3% over ten years.
Over the whole period, insurance and financial services in Congo peaked at 30.8% in 2006 and was at its lowest, 0.0%, in 1995.
Congo ranks 128th of 190 countries on this measure, 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 Congo, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1978 | 11.6% | — |
| 1979 | 6.4% | -45.1% |
| 1980 | 4.9% | -22.7% |
| 1981 | 4.4% | -10.5% |
| 1982 | 2.8% | -36.2% |
| 1983 | 1.3% | -55.4% |
| 1984 | 2.2% | +72.9% |
| 1985 | 0.1% | -93.4% |
| 1986 | 0.5% | +236.9% |
| 1987 | 13.1% | +2622.2% |
| 1988 | 5.6% | -57.1% |
| 1989 | 0.2% | -96.9% |
| 1995 | 0.0% | -86.8% |
| 1996 | 0.4% | +1771.2% |
| 1997 | 0.3% | -39.0% |
| 1998 | 1.2% | +371.4% |
| 1999 | 0.9% | -27.3% |
| 2000 | 1.6% | +79.1% |
| 2001 | 3.1% | +92.6% |
| 2002 | 2.5% | -19.1% |
| 2003 | 15.9% | +539.8% |
| 2004 | 15.9% | -0.2% |
| 2005 | 28.2% | +77.2% |
| 2006 | 30.8% | +9.3% |
| 2007 | 15.7% | -49.1% |
| 2008 | 15.1% | -3.7% |
| 2009 | 8.6% | -43.1% |
| 2010 | 2.3% | -73.2% |
| 2011 | 0.9% | -59.0% |
| 2012 | 1.3% | +40.7% |
| 2013 | 1.2% | -7.9% |
| 2014 | 2.6% | +115.3% |
| 2015 | 2.4% | -9.7% |
| 2016 | 0.7% | -69.6% |
| 2019 | 1.3% | +75.8% |
| 2020 | 1.3% | +0.5% |
| 2021 | 1.4% | +8.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.0% | 6.4% | 11.6% | 2 |
| 1980s | 3.5% | 0.1% | 13.1% | 10 |
| 1990s | 0.6% | 0.0% | 1.2% | 5 |
| 2000s | 13.7% | 1.6% | 30.8% | 10 |
| 2010s | 1.6% | 0.7% | 2.6% | 8 |
| 2020s | 1.3% | 1.3% | 1.4% | 2 |
Countries ranked near Congo
More private sector data for Congo
- Merchandise trade 94.4% (2025)
- Food imports 21.2% (2023)
- Manufactures imports 71.4% (2023)
- Merchandise imports 7.90 billion current US$ (2025)
- Food exports 0.2% (2023)
- Manufactures exports 10.3% (2023)
- Merchandise exports 7.50 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,157 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.4599 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -4.57 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Congo?
- Insurance and financial services in Congo was 1.4% in 2021, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Congo?
- The highest recorded value was 30.8% in 2006.
- What is the lowest insurance and financial services recorded in Congo?
- The lowest recorded value was 0.0% in 1995.
- How does Congo rank for insurance and financial services?
- Congo ranks 128th out of 190 countries with data for 2021.
- Is insurance and financial services rising or falling in Congo?
- Over the last ten years it is up 47.3%. The long-run trend across the full record is volatile.
- Where does this Congo 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 commercial service exports). Statizoid updates them automatically from the source API.
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About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.