Account ownership at a financial institution or with a in Kenya

Kenya: Account ownership at a financial institution or with a was 90.1% in 2024. ▲ Rising

Latest (2024)
90.1%
Change on year
up 13.8%
World rank
33rd
of 117 countries
All-time high
90.1%
in 2024
All-time low
42.3%
in 2011
Years of data
5
2011–2024

Account ownership at a financial institution or with a in Kenya, 2011–2024

0204060801002011201720242011: 42.3 % of population ages 15+2014: 74.7 % of population ages 15+2017: 81.6 % of population ages 15+2021: 79.2 % of population ages 15+2024: 90.1 % of population ages 15+

Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15+.

Analysis

Kenya recorded 90.1% for account ownership at a financial institution or with a in 2024. That is the highest value across all 5 years on record.

The figure is up 13.8% on the previous year and up 20.7% over ten years.

Over the whole period, account ownership at a financial institution or with a in Kenya peaked at 90.1% in 2024 and was at its lowest, 42.3%, in 2011.

That places Kenya 33rd out of 117 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

Annual values for Account ownership at a financial institution or with a mobile-money-service provider (% of population ages 15+) in Kenya, 2011 to 2024.
Year % of population ages 15+ Change
2011 42.3%
2014 74.7% +76.3%
2017 81.6% +9.3%
2021 79.2% -2.9%
2024 90.1% +13.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 66.2% 42.3% 81.6% 3
2020s 84.7% 79.2% 90.1% 2

Countries ranked near Kenya

  1. 30 Thailand 91.8% compare
  2. 31 Portugal 91.4% compare
  3. 32 Iran, Islamic Republic of 91.1% compare
  4. 34 Mauritius 89.6% compare
  5. 35 China 89.4% compare
  6. 36 Israel 89.3% compare

See the full ranking of 129 places →

More financial sector data for Kenya

All data for Kenya →

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 90.1% 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 90.1% in 2024.
What is the lowest account ownership at a financial institution or with a recorded in Kenya?
The lowest recorded value was 42.3% in 2011.
How does Kenya rank for account ownership at a financial institution or with a?
Kenya ranks 33rd out of 117 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 20.7%. 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 (% of population ages 15+). Statizoid updates them automatically from the source API.

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Account ownership at a financial institution or with a in Kenya. Statizoid, drawing on Global Findex Database, World Bank (WB). Retrieved 10 September 2026, from https://financial-sector.statizoid.com/stat/account-ownership-at-a-financial-institution-or-with-a-mobile-money-service-provider-8/kenya/

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About this data

Indicator
Account ownership at a financial institution or with a mobile-money-service provider (% of population ages 15+)
Unit
% of population ages 15+
Source
Global Findex Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
129 places, 645 data points, 2011–2024
Last refreshed

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 (% age 15+).