Insurance and Financial Services (As % of Service Exports, BoP) fell 13.8% to 13.2% in Kenya in 2021

Insurance and Financial Services (As % of Service Exports, BoP) (%), 2021
Insurance | Kenya | March 1, 2023
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Excel Sheet

Insurance and financial services as a percentage of service exports from the balance of payment fell 13.8% to 13.2% in Kenya in 2021, according to the National Central Bank / OECD.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Kenya reached an all time high of 15.3% in 2018 and an all time low of 0.259% in 2007.

Kenya has been ranked 21st within the group of 134 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment, 24 places above the position seen 10 years ago.

Insurance and Financial Services (As % of Service Exports, BoP) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Dem. Republic of the Congo % ... ... ... ... 3.11% 3.04% 4.07% 2.03% 1.00%
Djibouti % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Eritrea % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Ethiopia % 0.010% 0.161% 0.189% 1.03% 0.163%
Kenya % 7.24% 8.76% 12.8% 15.3% 11.5%
Mozambique % ... ... ... ... 6.66% 4.81% 1.71% 2.11% 3.16%
Rwanda % ... ... ... ... 1.48% 1.22% 1.44% 1.48% 1.46%
Somalia % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
South Sudan % ... ... ... ... ... ... ... ... ... ... ... ... ... 41.6% 52.9% 11.4% 1.44% 2.07%
Sudan % 0.725% 0.794% 0.437% 0.176% 0.249%
Tanzania % 1.74% 1.83% 1.66% 1.25% 1.45% ...
Uganda % 3.31% 3.54% 2.15% 1.59% 2.01%
Yemen % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Zambia % 9.76% 10.0% 9.86% 8.98% 8.93%