Insurance and financial services (% of commercial service imports) in Cote d'Ivoire
Cote d'Ivoire: Insurance and financial services (% of commercial service imports) was 4.0% in 2024. ▼ Falling
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 commercial service imports.
Analysis
In 2024, insurance and financial services in Cote d'Ivoire stood at 4.0%.
The figure is up 18.5% on the previous year and down 15.6% over ten years.
Over the whole period, insurance and financial services in Cote d'Ivoire peaked at 8.9% in 2007 and was at its lowest, 3.3%, in 2016.
That places Cote d'Ivoire 134th out of 197 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Insurance and financial services (% of commercial service imports) in Cote d'Ivoire, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 2005 | 8.6% | — |
| 2006 | 8.7% | +1.0% |
| 2007 | 8.9% | +2.9% |
| 2008 | 8.1% | -9.5% |
| 2009 | 8.4% | +3.6% |
| 2010 | 8.0% | -4.9% |
| 2011 | 8.2% | +3.3% |
| 2012 | 8.1% | -1.0% |
| 2013 | 3.6% | -55.4% |
| 2014 | 4.7% | +29.0% |
| 2015 | 3.9% | -17.1% |
| 2016 | 3.3% | -14.9% |
| 2017 | 4.4% | +34.4% |
| 2018 | 5.0% | +12.0% |
| 2019 | 3.9% | -21.6% |
| 2020 | 5.1% | +29.7% |
| 2021 | 4.7% | -8.1% |
| 2022 | 3.5% | -25.5% |
| 2023 | 3.3% | -3.7% |
| 2024 | 4.0% | +18.5% |
Cote d'Ivoire compared with similar countries
- Cote d'Ivoire's 4.0% is below the median for lower middle income countries, which is 6.0%, 66% of the median. (47 countries reporting)
- Cote d'Ivoire's 4.0% is below the median for Sub-Saharan Africa, which is 4.9%, 80% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.5% | 8.1% | 8.9% | 5 |
| 2010s | 5.3% | 3.3% | 8.2% | 10 |
| 2020s | 4.1% | 3.3% | 5.1% | 5 |
Countries ranked near Cote d'Ivoire
More private sector data for Cote d'Ivoire
- Merchandise trade 47.9% (2025)
- Food imports 22.7% (2025)
- Manufactures imports 53.2% (2025)
- Merchandise imports 19.27 billion current US$ (2025)
- Commercial service imports 6.50 billion current US$ (2024)
- Food exports 55.0% (2025)
- Manufactures exports 5.0% (2025)
- Merchandise exports 28.47 billion current US$ (2025)
- Commercial service exports 1.14 billion current US$ (2024)
- Merchandise exports (current US$), per capita 870.37 current US$ 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 4.0% 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 8.9% in 2007.
- What is the lowest insurance and financial services recorded in Cote d'Ivoire?
- The lowest recorded value was 3.3% in 2016.
- How does Cote d'Ivoire rank for insurance and financial services?
- Cote d'Ivoire ranks 134th out of 197 countries with data for 2024.
- Is insurance and financial services rising or falling in Cote d'Ivoire?
- Over the last ten years it is down 15.6%. The long-run trend across the full record is falling.
- 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 commercial service imports). 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 imports which are commercial services provided by non-residents to residents.