Account ownership at a financial institution or with a in Kenya
Kenya: Account ownership at a financial institution or with a was 94.3% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Kenya, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15+.
Analysis
The most recent figure for account ownership at a financial institution or with a in Kenya is 94.3%, measured in 2024. That is the highest value across all 5 years on record.
The figure is up 8.3% on the previous year and up 14.6% over ten years.
Over the whole period, account ownership at a financial institution or with a in Kenya peaked at 94.3% in 2024 and was at its lowest, 57.5%, in 2011.
That places Kenya 30th out of 102 countries with data for 2024, putting it in the middle of the range.
Account ownership at a financial institution or with a in Kenya, year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 57.5% | — |
| 2014 | 82.3% | +43.0% |
| 2017 | 88.9% | +8.1% |
| 2021 | 87.0% | -2.2% |
| 2024 | 94.3% | +8.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 76.3% | 57.5% | 88.9% | 3 |
| 2020s | 90.6% | 87.0% | 94.3% | 2 |
Countries ranked near Kenya
More financial sector data for Kenya
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.3189 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.2328 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.3189 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is account ownership at a financial institution or with a in Kenya?
- Account ownership at a financial institution or with a in Kenya was 94.3% in 2024, according to Global Findex Database, World Bank (WB).
- What is the highest account ownership at a financial institution or with a recorded in Kenya?
- The highest recorded value was 94.3% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Kenya?
- The lowest recorded value was 57.5% in 2011.
- How does Kenya rank for account ownership at a financial institution or with a?
- Kenya ranks 30th out of 102 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Kenya?
- Over the last ten years it is up 14.6%. The long-run trend across the full record is rising.
- Where does this Kenya data come from?
- The figures come from Global Findex Database, World Bank (WB), published as part of Account ownership at a financial institution or with a mobile-money-service provider, richest 60% (% of population ages 15+). Statizoid updates them automatically from the source API.
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About this data
Account denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or report personally using a mobile money service in the past 12 months (richest 60%, share of population ages 15+).