Broad money (% of GDP) — all countries

Broad money (% of GDP) — Kenya

Broad money (% of GDP) in Kenya in 2024 — 37.61%. Ranked 92 in the world out of 115. Since 1966, the indicator has risen by 14.95 pp.

2024 37.61% −2.59 pp vs 2023
World rank 92of 115
Period maximum 42.82%2015
Period minimum 22.66%1966

Trend over time

1966–2024 · % of GDP

Broad money (% of GDP) — Kenya, 1966–202420304050196619721978198419901996200220082014202020241966: 22.66%1967: 23.69%1968: 23.97%1969: 26.38%1970: 30.61%1971: 29.67%1972: 28.54%1973: 30.49%1974: 25.71%1975: 27.39%1976: 28.18%1977: 32.8%1978: 34.53%1979: 34.35%1980: 29.93%1981: 29.47%1982: 30.42%1983: 28.18%1984: 28.34%1985: 26.68%1986: 30.39%1987: 30.24%1988: 28.9%1989: 28.4%1990: 29.58%1991: 30.98%1992: 36.52%1993: 37.07%1994: 38.02%1995: 42.23%1996: 35.79%1997: 38.42%1998: 35.81%1999: 35.77%2000: 35.16%2001: 35.24%2002: 38.16%2003: 39.02%2004: 39.33%2005: 38.91%2006: 34.6%2007: 36.06%2008: 36.11%2009: 31.87%2010: 35.51%2011: 36.57%2012: 36.53%2013: 37.79%2014: 42.3%2015: 42.82%2016: 40.33%2017: 39.35%2018: 39.36%2019: 38.07%2020: 41.2%2021: 38.99%2022: 37.38%2023: 40.21%2024: 37.61%
Change over the period: +14.95 pp Annual average: 0.26 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Kenya

Kenya 37.61%
World 136.11%
Eastern Africa computed 39.69%
Broad money (% of GDP) — Kenya, by year Kenya All countries CSV XLSX
Year % Change, pp
2024 37.61 −2.59 pp
2023 40.21 +2.83 pp
2022 37.38 −1.61 pp
2021 38.99 −2.21 pp
2020 41.2 +3.13 pp
2019 38.07 −1.29 pp
2018 39.36 +0.01 pp
2017 39.35 −0.98 pp
2016 40.33 −2.49 pp
2015 42.82 +0.52 pp
2014 42.3 +4.51 pp
2013 37.79 +1.27 pp
2012 36.53 −0.04 pp
2011 36.57 +1.06 pp
2010 35.51 +3.64 pp
2009 31.87 −4.23 pp
2008 36.11 +0.04 pp
2007 36.06 +1.46 pp
2006 34.6 −4.31 pp
2005 38.91 −0.42 pp
2004 39.33 +0.3 pp
2003 39.02 +0.86 pp
2002 38.16 +2.92 pp
2001 35.24 +0.08 pp
2000 35.16 −0.61 pp
1999 35.77 −0.04 pp
1998 35.81 −2.62 pp
1997 38.42 +2.63 pp
1996 35.79 −6.44 pp
1995 42.23 +4.22 pp
1994 38.02 +0.95 pp
1993 37.07 +0.55 pp
1992 36.52 +5.54 pp
1991 30.98 +1.4 pp
1990 29.58 +1.18 pp
1989 28.4 −0.5 pp
1988 28.9 −1.34 pp
1987 30.24 −0.14 pp
1986 30.39 +3.71 pp
1985 26.68 −1.66 pp
1984 28.34 +0.17 pp
1983 28.18 −2.24 pp
1982 30.42 +0.95 pp
1981 29.47 −0.46 pp
1980 29.93 −4.42 pp
1979 34.35 −0.17 pp
1978 34.53 +1.73 pp
1977 32.8 +4.61 pp
1976 28.18 +0.79 pp
1975 27.39 +1.68 pp
1974 25.71 −4.78 pp
1973 30.49 +1.96 pp
1972 28.54 −1.14 pp
1971 29.67 −0.93 pp
1970 30.61 +4.23 pp
1969 26.38 +2.41 pp
1968 23.97 +0.28 pp
1967 23.69 +1.03 pp
1966 22.66

About the indicator

Broad money, an aggregate close to M2/M3, as a percent of GDP: currency outside banks, demand deposits, time and savings deposits and, in a number of countries, short-term securities. The ratio to GDP is conventionally read as a measure of monetization and of the depth of the financial system, not as an indicator of inflationary pressure.

Source: World Economic Outlook (IMF), license IMF open data.