Bank concentration in Kenya
Kenya: Bank concentration was 44.8% in 2021. ▼ Falling
Bank concentration in Kenya, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
Kenya recorded 44.8% for bank concentration in 2021.
Compared with earlier readings it is up 5.0% on the previous year and up 11.4% over ten years.
Over the whole period, bank concentration in Kenya peaked at 65.0% in 2001 and was at its lowest, 33.5%, in 2014.
Kenya ranks 151st of 169 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 55.0% | 44.1% | 65.0% | 10 |
| 2010s | 38.2% | 33.5% | 42.5% | 10 |
| 2020s | 43.7% | 42.7% | 44.8% | 2 |
Countries ranked near Kenya
More financial sector data for Kenya
- Domestic credit to private sector by banks 29.7% (2024)
- Total reserves in months of imports 4.03 (2024)
- Net domestic credit 7.15 trillion current LCU (2023)
- Net foreign assets 796.06 billion current LCU (2023)
- Monetary Sector credit to private sector 31.8% (2023)
- Broad money 37.6% (2024)
- Claims on central government, etc. 22.4% (2023)
- Domestic credit to private sector 31.8% (2023)
- Official exchange rate 129.3 LCU per US$, period average (2025)
- Net migration -27,330 (2025)
Frequently asked questions
- What is bank concentration in Kenya?
- Bank concentration in Kenya was 44.8% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Kenya?
- The highest recorded value was 65.0% in 2001.
- What is the lowest bank concentration recorded in Kenya?
- The lowest recorded value was 33.5% in 2014.
- How does Kenya rank for bank concentration?
- Kenya ranks 151st out of 169 countries with data for 2021.
- Is bank concentration rising or falling in Kenya?
- Over the last ten years it is up 11.4%. The long-run trend across the full record is falling.
- Where does this Kenya data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.