Insurance and Financial Services (As % of Service Imports, BoP) in Ivory Coast

Source: World Bank
Last Updated: January 1, 2021

Insurance and financial services as a percentage of service imports from the balance of payment reached 4.85 % in 2018 in Ivory Coast, according to the National Central Bank / OECD. This is 14.5 % more than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Ivory Coast reached an all time high of 8.20 % in 2007 and an all time low of 3.14 % in 2016. When compared to Ivory Coast's main peers, insurance and financial services as a percentage of service imports from the balance of payment in Burkina Faso amounted to 16.7 %, 10.2 % in Guinea, 32.2 % in Liberia and 2.35 % in Mali in 2018.

Ivory Coast has been ranked 95th within the group of 158 countries we follow in terms of insurance and financial services as a percentage of service imports from the balance of payment, 32 places behind the position seen 10 years ago.

Insurance and financial services (% of service imports, BoP) cover various types of insurance provided to residents by non-resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and non-residents.

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