Liabilities, Insurance Technical Reserves (OFCS) in Kenya
Kenya: Liabilities, Insurance Technical Reserves (OFCS) was 1.83 trillion in 2023. β² Rising
Liabilities, Insurance Technical Reserves (OFCS) in Kenya, 2014β2023
Source: International Monetary Fund.
Analysis
The most recent figure for liabilities, insurance technical reserves (ofcs) in Kenya is 1.83 trillion, measured in 2023. That is the highest value across all 10 years on record.
Compared with earlier readings it is up 9.9% on the previous year and up 123.0% over ten years.
Over the whole period, liabilities, insurance technical reserves (ofcs) in Kenya peaked at 1.83 trillion in 2023 and was at its lowest, 821.96 billion, in 2014.
That places Kenya 19th out of 65 countries with data for 2023, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.06 trillion | 821.96 billion | 1.34 trillion | 6 |
| 2020s | 1.64 trillion | 1.44 trillion | 1.83 trillion | 4 |
Countries ranked near Kenya
More external debt data for Kenya
- IFC, private nonguaranteed -18.53 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita -0.3284 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0.0002 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 23.21 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 4.5% (2024)
- Net financial flows, IDA 820.39 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 14.54 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0068 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 869.28 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 25.4% (2024)
Frequently asked questions
- What is liabilities, insurance technical reserves (ofcs) in Kenya?
- Liabilities, insurance technical reserves (ofcs) in Kenya was 1.83 trillion in 2023, according to International Monetary Fund.
- What is the highest liabilities, insurance technical reserves (ofcs) recorded in Kenya?
- The highest recorded value was 1.83 trillion in 2023.
- What is the lowest liabilities, insurance technical reserves (ofcs) recorded in Kenya?
- The lowest recorded value was 821.96 billion in 2014.
- How does Kenya rank for liabilities, insurance technical reserves (ofcs)?
- Kenya ranks 19th out of 65 countries with data for 2023.
- Is liabilities, insurance technical reserves (ofcs) rising or falling in Kenya?
- Over the last ten years it is up 123.0%. The long-run trend across the full record is rising.
- Where does this Kenya data come from?
- The figures come from International Monetary Fund, published as part of Liabilities, Insurance Technical Reserves (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Other Financial Corporations (OFCs) dataset presents the balance sheet of OFCs highlighting their financial linkages with other economic sectors and nonresidents.