Insurance and financial services in Côte d'Ivoire
Côte d'Ivoire: Insurance and financial services was 3.3% in 2024. ◆ Volatile
Insurance and financial services in Côte d'Ivoire, 2005–2024
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 Côte d'Ivoire is 3.3%, measured in 2024.
That represents a change of up 9.0% on the previous year and up 164.7% over ten years.
Over the whole period, insurance and financial services in Côte d'Ivoire peaked at 11.2% in 2007 and was at its lowest, 0.1%, in 2016.
Côte d'Ivoire ranks 87th 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 Côte d'Ivoire, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 2005 | 11.0% | — |
| 2006 | 11.1% | +1.4% |
| 2007 | 11.2% | +0.7% |
| 2008 | 11.0% | -1.4% |
| 2009 | 10.3% | -6.3% |
| 2010 | 9.9% | -4.4% |
| 2011 | 10.5% | +5.9% |
| 2012 | 10.7% | +2.4% |
| 2013 | 3.6% | -66.3% |
| 2014 | 1.3% | -65.3% |
| 2015 | 1.3% | +5.4% |
| 2016 | 0.1% | -95.1% |
| 2017 | 1.3% | +1964.9% |
| 2018 | 2.2% | +65.8% |
| 2019 | 0.6% | -71.2% |
| 2020 | 2.6% | +314.8% |
| 2021 | 2.3% | -14.2% |
| 2022 | 2.1% | -6.9% |
| 2023 | 3.0% | +44.4% |
| 2024 | 3.3% | +9.0% |
Côte d'Ivoire compared with similar countries
- Côte d'Ivoire's 3.3% is above the median for lower middle income countries, which is 1.8%, 1.9× the median. (46 countries reporting)
- Côte d'Ivoire's 3.3% is above the median for Sub-Saharan Africa, which is 3.3%, 1.0× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Côte 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 | +1964.9% | 0.1% | 1.3% |
| 2020 | +314.8% | 0.6% | 2.6% |
| 2016 | -95.1% | 1.3% | 0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.9% | 10.3% | 11.2% | 5 |
| 2010s | 4.1% | 0.1% | 10.7% | 10 |
| 2020s | 2.7% | 2.1% | 3.3% | 5 |
Countries ranked near Côte d'Ivoire
More private sector data for Côte d'Ivoire
- Merchandise trade 47.9% (2025)
- Food imports 20.5% (2024)
- Manufactures imports 51.2% (2024)
- Merchandise imports 19.27 billion current US$ (2025)
- Food exports 47.2% (2024)
- Manufactures exports 8.0% (2024)
- Merchandise exports 28.47 billion current US$ (2025)
- Merchandise exports (current US$), per capita 870.37 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2854 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 38.55 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Côte d'Ivoire?
- Insurance and financial services in Côte d'Ivoire was 3.3% 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 Côte d'Ivoire?
- The highest recorded value was 11.2% in 2007.
- What is the lowest insurance and financial services recorded in Côte d'Ivoire?
- The lowest recorded value was 0.1% in 2016.
- How does Côte d'Ivoire rank for insurance and financial services?
- Côte d'Ivoire ranks 87th out of 190 countries with data for 2024.
- Is insurance and financial services rising or falling in Côte d'Ivoire?
- Over the last ten years it is up 164.7%. The long-run trend across the full record is volatile.
- Where does this Côte 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 commercial service exports). Statizoid updates them automatically from the source API.
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CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.