Account ownership at a financial institution or with a in Kenya

Kenya: Account ownership at a financial institution or with a was 83.9% in 2024. ▲ Rising

Latest (2024)
83.9%
Change on year
up 24.4%
World rank
34th
of 102 countries
All-time high
83.9%
in 2024
All-time low
19.4%
in 2011
Years of data
5
2011–2024

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

204060802011201720242011: 19.4 % of population ages 15+2014: 63.2 % of population ages 15+2017: 70.5 % of population ages 15+2021: 67.4 % of population ages 15+2024: 83.9 % of population ages 15+

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 83.9%, measured in 2024. That is the highest value across all 5 years on record.

The figure is up 24.4% on the previous year and up 32.8% over ten years.

Over the whole period, account ownership at a financial institution or with a in Kenya peaked at 83.9% in 2024 and was at its lowest, 19.4%, in 2011.

That places Kenya 34th 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

Annual values for Account ownership at a financial institution or with a mobile-money-service provider, poorest 40% (% of population ages 15+) in Kenya, 2011 to 2024.
Year % of population ages 15+ Change
2011 19.4%
2014 63.2% +225.0%
2017 70.5% +11.5%
2021 67.4% -4.3%
2024 83.9% +24.4%

Averages by decade

DecadeAverage LowestHighest Years
2010s 51.0% 19.4% 70.5% 3
2020s 75.7% 67.4% 83.9% 2

Countries ranked near Kenya

  1. 31 India 86.3% compare
  2. 32 Czechia 85.6% compare
  3. 33 Venezuela, Bolivarian Republic of 84.4% compare
  4. 35 Kazakhstan 83.3% compare
  5. 36 China 82.7% compare
  6. 37 Italy 82.1% compare

See the full ranking of 114 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 83.9% 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 83.9% in 2024.
What is the lowest account ownership at a financial institution or with a recorded in Kenya?
The lowest recorded value was 19.4% in 2011.
How does Kenya rank for account ownership at a financial institution or with a?
Kenya ranks 34th 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 32.8%. 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, poorest 40% (% 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).

Share, cite or embed this page

Cite this page

Account ownership at a financial institution or with a in Kenya. Statizoid, drawing on Global Findex Database, World Bank (WB). Retrieved 09 September 2026, from https://financial-sector.statizoid.com/stat/account-ownership-at-a-financial-institution-or-with-a-mobile-money-service-provider/kenya/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://financial-sector.statizoid.com/stat/account-ownership-at-a-financial-institution-or-with-a-mobile-money-service-provider/kenya/">Account ownership at a financial institution or with a in Kenya</a> — Statizoid

About this data

Indicator
Account ownership at a financial institution or with a mobile-money-service provider, poorest 40% (% 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
114 places, 570 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 (poorest 40%, share of population ages 15+).