Europe & Central Asia (IDA & IBRD countries) vs Kenya: Insurance and financial services

Europe & Central Asia (IDA & IBRD countries)
3.1%
in 2025
Kenya
10.3%
in 2024
Europe & Central Asia (IDA & IBRD countries) rank
29th
Kenya rank
29th

Insurance and financial services over time

  • Europe & Central Asia (IDA & IBRD countries)
  • Kenya
051015197520002025

How they compare

Kenya currently reports 10.3% against 3.1% in Europe & Central Asia (IDA & IBRD countries), a difference of 7.2%.

That makes Kenya's figure about 3.4 times Europe & Central Asia (IDA & IBRD countries)'s.

The two have swapped places 1 time across 31 shared years of data; in 1994 it was Europe & Central Asia (IDA & IBRD countries) ahead.

Europe & Central Asia (IDA & IBRD countries) ranks 29th and Kenya ranks 29th of 45 groups.

Across the 4 decades both report, Europe & Central Asia (IDA & IBRD countries) averaged higher in 2 and Kenya in 2.

Head to head by decade

Decade Europe & Central Asia (IDA & IBRD countries) Kenya Difference Ahead
1990s 2.9% 0.7% 2.3% Europe & Central Asia (IDA & IBRD countries)
2000s 2.2% 0.6% 1.6% Europe & Central Asia (IDA & IBRD countries)
2010s 2.3% 8.2% 5.8% Kenya
2020s 2.5% 12.3% 9.8% Kenya

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Europe & Central Asia (IDA & IBRD countries) or Kenya?
Kenya, at 10.3% against 3.1% in Europe & Central Asia (IDA & IBRD countries) as of 2024.
What is the difference in insurance and financial services between Europe & Central Asia (IDA & IBRD countries) and Kenya?
7.2%, with Kenya ahead.
How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Kenya?
31 years are reported by both, from 1994 to 2024.
How do Europe & Central Asia (IDA & IBRD countries) and Kenya rank globally for insurance and financial services?
Europe & Central Asia (IDA & IBRD countries) ranks 29th and Kenya ranks 29th of 45 groups.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Insurance and financial services (% of service exports, BoP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Europe & Central Asia (IDA & IBRD countries) vs Kenya: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-exports-bop/europe-and-central-asia-ida-and-ibrd-countries/kenya/

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About this data

Indicator
Insurance and financial services (% of service exports, BoP)
Unit
% of service exports, BoP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
235 places, 8,390 data points, 1960–2025
Last refreshed

Insurance and financial services cover various types of insurance provided to nonresidents 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 nonresidents. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.