Insurance and financial services as a percentage of service exports from the balance of payment rose 30.3% to 17.2% in Kenya in 2023, 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 17.2% in 2023 and an all time low of 0.259% in 2007.
Kenya has been ranked 13th within the group of 142 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 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Dem. Republic of the Congo | % | ... | 2.03% | 1.00% | 1.78% | 1.61% | 1.86% | ... | ||||||||||||||
| Djibouti | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Eritrea | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Ethiopia | % | 1.03% | 0.163% | 0.148% | 0.800% | 0.172% | ... | |||||||||||||||
| Kenya | % | 15.3% | 11.5% | 15.3% | 13.2% | 13.2% | ... | |||||||||||||||
| Mozambique | % | ... | 2.11% | 3.16% | 4.24% | 3.63% | 2.15% | |||||||||||||||
| Rwanda | % | ... | 1.48% | 1.46% | 2.50% | 3.21% | 1.96% | ... | ||||||||||||||
| Somalia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| South Sudan | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1.44% | 2.07% | 13.8% | 9.84% | 9.55% | ... | |||||
| Sudan | % | 0.176% | 0.249% | 0.950% | 1.44% | 0.240% | ... | ... | ||||||||||||||
| Tanzania | % | 1.25% | 1.45% | 1.43% | 0.408% | 0.340% | ... | |||||||||||||||
| Uganda | % | 1.70% | 2.01% | 4.87% | 3.30% | 3.16% | ... | |||||||||||||||
| Yemen | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Zambia | % | 8.98% | 8.93% | 9.20% | 2.42% | 0.756% | ... |
Helgi Library 
