Life insurance premium volume to GDP in Kenya
Kenya: Life insurance premium volume to GDP was 1.0% in 2020. ▲ Rising
Life insurance premium volume to GDP in Kenya, 1990–2020
Source: Sigma Reports, Swiss Re. Measured in %.
Analysis
The most recent figure for life insurance premium volume to gdp in Kenya is 1.0%, measured in 2020.
That represents a change of up 0.3% on the previous year and up 17.1% over ten years.
Over the whole period, life insurance premium volume to gdp in Kenya peaked at 1.0% in 2014 and was at its lowest, 0.4%, in 1994.
Kenya ranks 64th of 162 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Life insurance premium volume to GDP in Kenya, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 0.5% | — |
| 1991 | 0.5% | +2.2% |
| 1992 | 0.5% | -2.7% |
| 1993 | 0.5% | -6.1% |
| 1994 | 0.4% | -27.7% |
| 1995 | 0.4% | +7.6% |
| 1996 | 0.4% | +0.5% |
| 1997 | 0.4% | +5.7% |
| 1998 | 0.5% | +10.0% |
| 1999 | 0.5% | +7.1% |
| 2000 | 0.5% | +8.3% |
| 2001 | 0.6% | +17.4% |
| 2002 | 0.6% | +0.5% |
| 2003 | 0.7% | +7.3% |
| 2004 | 0.7% | +4.9% |
| 2005 | 0.7% | +1.6% |
| 2006 | 0.7% | -0.7% |
| 2007 | 0.8% | +12.2% |
| 2008 | 0.8% | -0.5% |
| 2009 | 0.8% | +2.5% |
| 2010 | 0.9% | +5.9% |
| 2011 | 0.8% | -1.2% |
| 2012 | 0.9% | +5.1% |
| 2013 | 0.9% | +5.2% |
| 2014 | 1.0% | +11.9% |
| 2015 | 1.0% | -5.7% |
| 2016 | 1.0% | +6.0% |
| 2017 | 1.0% | -3.1% |
| 2018 | 1.0% | -3.1% |
| 2019 | 1.0% | +1.7% |
| 2020 | 1.0% | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5% | 0.4% | 0.5% | 10 |
| 2000s | 0.7% | 0.5% | 0.8% | 10 |
| 2010s | 1.0% | 0.8% | 1.0% | 10 |
| 2020s | 1.0% | 1.0% | 1.0% | 1 |
Countries ranked near Kenya
More financial sector data for Kenya
- Total reserves (gold at national valuation) (SDR), annual growth rate 14.45 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 153.55 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 28.36 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 20.02 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0657 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 155.28 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 17.24 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 157.28 SDR per person (2025)
Frequently asked questions
- What is life insurance premium volume to gdp in Kenya?
- Life insurance premium volume to gdp in Kenya was 1.0% in 2020, according to Sigma Reports, Swiss Re.
- What is the highest life insurance premium volume to gdp recorded in Kenya?
- The highest recorded value was 1.0% in 2014.
- What is the lowest life insurance premium volume to gdp recorded in Kenya?
- The lowest recorded value was 0.4% in 1994.
- How does Kenya rank for life insurance premium volume to gdp?
- Kenya ranks 64th out of 162 countries with data for 2020.
- Is life insurance premium volume to gdp rising or falling in Kenya?
- Over the last ten years it is up 17.1%. The long-run trend across the full record is rising.
- Where does this Kenya data come from?
- The figures come from Sigma Reports, Swiss Re, published as part of Life insurance premium volume to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Premium data is taken from various issues of Sigma reports (Swiss Re). Data on GDP in US dollars is from the electronic version of the World Development Indicators.