Insurance and Financial Services (As % of Service Exports, BoP) in Kenya

Insurance and financial services as a percentage of service exports from the balance of payment reached 7.24 % in 2015 in Kenya, according to the National Central Bank / OECD. This is 17.6 % less than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Kenya reached an all time high of 12.8 % in 2017 and an all time low of 0.259 % in 2007. When compared to Kenya's main peers, insurance and financial services as a percentage of service exports from the balance of payment in Ethiopia amounted to 0.010 %, 1.74 % in Tanzania and 3.31 % in Uganda in 2015.

Kenya has been ranked 35th within the group of 155 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment, 87 places above the position seen 10 years ago.

Insurance and financial services cover various types of insurance provided to non-residents by 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.

$2.99

Buy Insurance and Financial Services (As % of Service Exports, BoP) data for Kenya.

from $199/month

Buy annual subscriptions for all our products.