Ethiopia vs Kenya: Insurance and financial services

Ethiopia
13.3%
in 2024
Kenya
13.8%
in 2024
Ethiopia rank
26th
Kenya rank
24th

Insurance and financial services over time

  • Ethiopia
  • Kenya
051015197519992024

How they compare

Kenya currently reports 13.8% against 13.3% in Ethiopia, a difference of 0.5%.

Across all 45 years both countries report, Kenya has been ahead every year.

Ethiopia ranks 26th and Kenya ranks 24th of 197 countries.

Kenya has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Ethiopia Kenya Difference Ahead
1970s 3.3% 6.3% 3.0% Kenya
1980s 4.0% 8.3% 4.3% Kenya
1990s 5.2% 9.4% 4.1% Kenya
2000s 4.8% 8.0% 3.2% Kenya
2010s 3.8% 9.4% 5.6% Kenya
2020s 5.6% 12.1% 6.5% Kenya

Averages of every year both report within each decade.

Frequently asked questions

Which has higher insurance and financial services, Ethiopia or Kenya?
Kenya, at 13.8% against 13.3% in Ethiopia as of 2024.
What is the difference in insurance and financial services between Ethiopia and Kenya?
0.5%, with Kenya ahead.
How many years of comparable data are there for Ethiopia and Kenya?
45 years are reported by both, from 1977 to 2024.
How do Ethiopia and Kenya rank globally for insurance and financial services?
Ethiopia ranks 26th and Kenya ranks 24th of 197 countries.
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 imports, BoP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ethiopia vs Kenya: Insurance and financial services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 17 September 2026, from https://economy.statizoid.com/compare/insurance-and-financial-services-percent-of-service-imports-bop/ethiopia/kenya/

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About this data

Indicator
Insurance and financial services (% of service imports, BoP)
Unit
% of service imports, BoP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,395 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 imports which are services provided by non-residents to residents.