Kenya vs Nicaragua: Insurance and financial services (% of commercial service imports)
Insurance and financial services (% of commercial service imports) over time
- Kenya
- Nicaragua
How they compare
Nicaragua currently reports 16.3% against 15.0% in Kenya, a difference of 1.3%.
That makes Nicaragua's figure about 1.1 times Kenya's.
The two have swapped places 9 times across 48 shared years of data; in 1977 it was Kenya ahead.
Kenya ranks 19th and Nicaragua ranks 16th of 197 countries.
Across the 6 decades both report, Kenya averaged higher in 4 and Nicaragua in 2.
Head to head by decade
| Decade | Kenya | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 7.2% | -4.9% | 12.1% | Kenya |
| 1980s | 10.0% | 5.9% | 4.1% | Kenya |
| 1990s | 10.9% | 4.5% | 6.4% | Kenya |
| 2000s | 9.2% | 9.0% | 0.2% | Kenya |
| 2010s | 10.2% | 10.4% | 0.2% | Nicaragua |
| 2020s | 12.5% | 16.5% | 4.0% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher insurance and financial services, Kenya or Nicaragua?
- Nicaragua, at 16.3% against 15.0% in Kenya as of 2024.
- What is the difference in insurance and financial services between Kenya and Nicaragua?
- 1.3%, with Nicaragua ahead.
- How many years of comparable data are there for Kenya and Nicaragua?
- 48 years are reported by both, from 1977 to 2024.
- How do Kenya and Nicaragua rank globally for insurance and financial services?
- Kenya ranks 19th and Nicaragua ranks 16th 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.
Individual pages
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.