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Credit to the private sector — all countries

Credit to the private sector — Kenya

Credit to the private sector in Kenya in 2023 — 31.8%. Ranked 99 in the world out of 153. Since 1961, the indicator has risen by 19.49 pp.

2023 31.8% +0.54 pp vs 2022
World rank 99of 153
Period maximum 36.7%2015
Period minimum 11.8%1962

Trend over time

1961–2023 · % of GDP

Credit to the private sector — Kenya, 1961–202301020304019611968197519821989199620032010201720231961: 12.31%1963: 13.18%1965: 13.76%1967: 14.58%1969: 12.73%1971: 17.43%1973: 17.89%1975: 17.33%1977: 17.51%1979: 20.97%1981: 21%1983: 19.32%1985: 19.33%1987: 18.42%1989: 19.22%1991: 19.96%1993: 18.5%1995: 25.81%1997: 24.36%1999: 26.57%2001: 25.22%2003: 25.16%2005: 26.28%2007: 23.04%2009: 21.87%2011: 27.37%2013: 28.33%2015: 36.7%2017: 33.15%2019: 30.83%2021: 31.12%2023: 31.8%
Change over the period: +19.49 pp Annual average: 0.31 pp

Comparison, 2023

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

Kenya 31.8%
World 135.97%
Sub-Saharan Africa computed 38.74%
Eastern Africa computed 21.27%
Lower-middle-income countries computed 38.51%
Credit to the private sector — Kenya, by year Kenya All countries CSV XLSX
Year % Change, pp
2023 31.8 +0.54 pp
2022 31.26 +0.14 pp
2021 31.12 −1.03 pp
2020 32.15 +1.32 pp
2019 30.83 −0.37 pp
2018 31.2 −1.95 pp
2017 33.15 −2.42 pp
2016 35.57 −1.13 pp
2015 36.7 +2.18 pp
2014 34.52 +6.19 pp
2013 28.33 +1.93 pp
2012 26.4 −0.96 pp
2011 27.37 +3.38 pp
2010 23.99 +2.11 pp
2009 21.87 −3.51 pp
2008 25.38 +2.34 pp
2007 23.04 +0.16 pp
2006 22.89 −3.39 pp
2005 26.28 −1.01 pp
2004 27.29 +2.13 pp
2003 25.16 −0.7 pp
2002 25.85 +0.63 pp
2001 25.22 −0.54 pp
2000 25.76 −0.81 pp
1999 26.57 +2.61 pp
1998 23.96 −0.39 pp
1997 24.36 +2.67 pp
1996 21.68 −4.13 pp
1995 25.81 +5.98 pp
1994 19.83 +1.34 pp
1993 18.5 −3.66 pp
1992 22.15 +2.19 pp
1991 19.96 +1.3 pp
1990 18.66 −0.57 pp
1989 19.22 +0.3 pp
1988 18.93 +0.51 pp
1987 18.42 −0.9 pp
1986 19.31 −0.02 pp
1985 19.33 +0.35 pp
1984 18.99 −0.34 pp
1983 19.32 −1.11 pp
1982 20.44 −0.57 pp
1981 21 −0.81 pp
1980 21.81 +0.84 pp
1979 20.97 −0.74 pp
1978 21.71 +4.2 pp
1977 17.51 +0.68 pp
1976 16.83 −0.51 pp
1975 17.33 −0.64 pp
1974 17.98 +0.08 pp
1973 17.89 +1.41 pp
1972 16.49 −0.95 pp
1971 17.43 +2.31 pp
1970 15.12 +2.39 pp
1969 12.73 −0.16 pp
1968 12.89 −1.69 pp
1967 14.58 +1.97 pp
1966 12.61 −1.15 pp
1965 13.76 +0.07 pp
1964 13.69 +0.52 pp
1963 13.18 +1.37 pp
1962 11.8 −0.5 pp
1961 12.31 —

Eastern Africa, 2023

The same indicator for neighboring countries — with links to their pages

MU Mauritius 69.89 BI Burundi 37.18 KE Kenya 31.8 DJ Djibouti 21.82 RW Rwanda 21.64 MZ Mozambique 18.51 MG Madagascar 16.93 KM Comoros 16.59 TZ Tanzania 16.39 ZM Zambia 15.63 UG Uganda 14.81 MW Malawi 7.75 ZW Zimbabwe 6.48 SO Somalia 5.07 SS South Sudan 3.05
Full table for all countries

About the indicator

Domestic credit to the private sector by financial institutions as a percent of GDP: loans, purchases of non-equity securities, trade credit and other accounts receivable. An indicator of financial development, but of potential risk as well: growth that is too fast relative to GDP is one of the most reliable precursors of banking crises.

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

Other indicators for Kenya

Finance Broad money (% of GDP)

The amount of money in the economy as a percent of GDP — the depth of the financial system.

Kenya by year Finance Lending interest rate

The average rate at which banks lend to businesses and households.

Kenya by year Finance Bank branches

How many bank branches there are per 100,000 adults.

Kenya by year Business Stock market capitalization in US dollars

What all of a country's companies traded on its exchange are worth.

Kenya by year
All indicators for Kenya