Insurance company assets to GDP (%) in Kenya
Kenya: Insurance company assets to GDP (%) was 6.6% in 2019. ▼ Falling
Insurance company assets to GDP in Kenya, 2001–2019
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
Kenya recorded 6.6% for insurance company assets to gdp in 2019.
That represents a change of up 1.9% on the previous year and up 18.3% over ten years.
Over the whole period, insurance company assets to gdp in Kenya peaked at 7.7% in 2003 and was at its lowest, 5.6%, in 2009.
That places Kenya 70th out of 138 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Insurance company assets to GDP (%) in Kenya, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 6.5% | — |
| 2002 | 7.0% | +7.7% |
| 2003 | 7.7% | +10.2% |
| 2004 | 7.2% | -6.2% |
| 2005 | 7.4% | +2.1% |
| 2006 | 6.7% | -9.2% |
| 2007 | 6.8% | +1.7% |
| 2008 | 6.2% | -8.7% |
| 2009 | 5.6% | -9.7% |
| 2010 | 6.4% | +14.2% |
| 2011 | 6.0% | -6.7% |
| 2012 | 6.6% | +11.0% |
| 2013 | 7.0% | +5.3% |
| 2014 | 7.2% | +3.4% |
| 2015 | 6.9% | -4.3% |
| 2016 | 6.9% | -0.8% |
| 2017 | 6.6% | -3.9% |
| 2018 | 6.5% | -1.1% |
| 2019 | 6.6% | +1.9% |
Kenya compared with similar countries
- Kenya's 6.6% is above the median for lower middle income countries, which is 2.6%, 2.5× the median. (30 countries reporting)
- Kenya's 6.6% is above the median for Sub-Saharan Africa, which is 1.9%, 3.5× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.8% | 5.6% | 7.7% | 9 |
| 2010s | 6.7% | 6.0% | 7.2% | 10 |
Countries ranked near Kenya
More financial sector data for Kenya
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.3189 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.2328 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.3189 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is insurance company assets to gdp in Kenya?
- Insurance company assets to gdp in Kenya was 6.6% in 2019, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Kenya?
- The highest recorded value was 7.7% in 2003.
- What is the lowest insurance company assets to gdp recorded in Kenya?
- The lowest recorded value was 5.6% in 2009.
- How does Kenya rank for insurance company assets to gdp?
- Kenya ranks 70th out of 138 countries with data for 2019.
- Is insurance company assets to gdp rising or falling in Kenya?
- Over the last ten years it is up 18.3%. The long-run trend across the full record is falling.
- Where does this Kenya data come from?
- The figures come from Nonbanking financial database, World Bank, published as part of Insurance company assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Data taken from a variety of sources such as AXCO and national sources.