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% |
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