Account ownership at a financial institution or with a in Kenya
Kenya: Account ownership at a financial institution or with a was 86.5% 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
In 2024, account ownership at a financial institution or with a in Kenya stood at 86.5%. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 14.8% on the previous year and up 21.6% over ten years.
Over the whole period, account ownership at a financial institution or with a in Kenya peaked at 86.5% in 2024 and was at its lowest, 39.2%, in 2011.
That places Kenya 39th out of 106 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 | 39.2% | — |
| 2014 | 71.1% | +81.6% |
| 2017 | 77.7% | +9.3% |
| 2021 | 75.4% | -3.1% |
| 2024 | 86.5% | +14.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 62.7% | 39.2% | 77.7% | 3 |
| 2020s | 80.9% | 75.4% | 86.5% | 2 |
Countries ranked near Kenya
- 36 Venezuela, Bolivarian Republic of 87.7% compare
- 37 Mauritius 87.4% compare
- 38 Iran, Islamic Republic of 86.8% compare
- 40 Poland 86.3% compare
- 41 Kazakhstan 85.7% compare
- 42 Bulgaria 85.0% compare
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 86.5% 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 86.5% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Kenya?
- The lowest recorded value was 39.2% in 2011.
- How does Kenya rank for account ownership at a financial institution or with a?
- Kenya ranks 39th out of 106 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 21.6%. 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, female (% of population ages 15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 (female, % age 15+).