Japan vs Kenya: Risk premium on lending

Japan
1.2%
in 2017
Kenya
1.3%
in 2024
Japan rank
74th
Kenya rank
71st

Risk premium on lending over time

  • Japan
  • Kenya
-30-20-10010199020072024

How they compare

Kenya currently reports 1.3% against 1.2% in Japan, a difference of 0.1%.

That makes Kenya's figure about 1.1 times Japan's.

The two have swapped places 1 time across 25 shared years of data; in 1993 it was Japan ahead.

Japan ranks 74th and Kenya ranks 71st of 86 countries.

Kenya has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Japan Kenya Difference Ahead
1990s 2.3% 4.1% 1.8% Kenya
2000s 1.6% 8.1% 6.4% Kenya
2010s 1.3% 7.3% 6.1% Kenya

Averages of every year both report within each decade.

Frequently asked questions

Which has higher risk premium on lending, Japan or Kenya?
Kenya, at 1.3% against 1.2% in Japan as of 2024.
What is the difference in risk premium on lending between Japan and Kenya?
0.1%, with Kenya ahead.
How many years of comparable data are there for Japan and Kenya?
25 years are reported by both, from 1993 to 2017.
How do Japan and Kenya rank globally for risk premium on lending?
Japan ranks 74th and Kenya ranks 71st of 86 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Risk premium on lending (lending rate minus treasury bill rate, %). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Japan vs Kenya: Risk premium on lending. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 10 September 2026, from https://financial-sector.statizoid.com/compare/risk-premium-on-lending-lending-rate-minus-treasury-bill-rate-percent/japan/kenya/

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About this data

Indicator
Risk premium on lending (lending rate minus treasury bill rate, %)
Unit
lending rate minus treasury bill rate, %
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
86 places, 2,478 data points, 1960–2025
Last refreshed

Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the "risk free" treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.