Ghana vs Kenya: Insurance and financial services (% of commercial service imports)
Insurance and financial services (% of commercial service imports) over time
- Ghana
- Kenya
How they compare
Kenya currently reports 15.0% against 14.5% in Ghana, a difference of 0.5%.
The two have swapped places 4 times across 51 shared years of data; in 1975 it was Kenya ahead.
Ghana ranks 20th and Kenya ranks 19th of 197 countries.
Kenya has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Ghana | Kenya | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.2% | 7.0% | 2.8% | Kenya |
| 1980s | 6.1% | 10.0% | 3.8% | Kenya |
| 1990s | 7.6% | 10.9% | 3.3% | Kenya |
| 2000s | 5.1% | 9.2% | 4.1% | Kenya |
| 2010s | 2.7% | 10.2% | 7.6% | Kenya |
| 2020s | 9.2% | 12.9% | 3.7% | Kenya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Ghana or Kenya?
- Kenya, at 15.0% against 14.5% in Ghana as of 2025.
- What is the difference in insurance and financial services between Ghana and Kenya?
- 0.5%, with Kenya ahead.
- How many years of comparable data are there for Ghana and Kenya?
- 51 years are reported by both, from 1975 to 2025.
- How do Ghana and Kenya rank globally for insurance and financial services?
- Ghana ranks 20th and Kenya ranks 19th 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 commercial service imports). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service imports which are commercial services provided by non-residents to residents.