Bank cost to income ratio in Kenya
Kenya: Bank cost to income ratio was 42.2% in 2021. ▼ Falling
Bank cost to income ratio in Kenya, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2021, bank cost to income ratio in Kenya stood at 42.2%. That is the lowest value across all 22 years on record.
Compared with earlier readings it is down 11.2% on the previous year and down 20.5% over ten years.
Over the whole period, bank cost to income ratio in Kenya peaked at 66.2% in 2004 and was at its lowest, 42.2%, in 2021.
That places Kenya 147th out of 169 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Bank cost to income ratio in Kenya, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 63.5% | — |
| 2001 | 63.7% | +0.3% |
| 2002 | 63.5% | -0.3% |
| 2003 | 60.5% | -4.6% |
| 2004 | 66.2% | +9.3% |
| 2005 | 57.3% | -13.4% |
| 2006 | 54.4% | -5.1% |
| 2007 | 55.8% | +2.5% |
| 2008 | 53.5% | -4.0% |
| 2009 | 58.7% | +9.7% |
| 2010 | 51.2% | -12.7% |
| 2011 | 53.0% | +3.5% |
| 2012 | 51.4% | -3.1% |
| 2013 | 49.1% | -4.4% |
| 2014 | 49.8% | +1.3% |
| 2015 | 49.7% | -0.1% |
| 2016 | 48.0% | -3.5% |
| 2017 | 47.3% | -1.5% |
| 2018 | 46.8% | -0.9% |
| 2019 | 48.9% | +4.4% |
| 2020 | 47.5% | -2.8% |
| 2021 | 42.2% | -11.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 59.7% | 53.5% | 66.2% | 10 |
| 2010s | 49.5% | 46.8% | 53.0% | 10 |
| 2020s | 44.8% | 42.2% | 47.5% | 2 |
Countries ranked near Kenya
More financial sector data for Kenya
- Net domestic credit (current LCU), per capita 129,188 current LCU per person (2023)
- Net domestic credit (current LCU), per unit of GDP 66.5 current LCU per US$ of GDP (2023)
- Net domestic credit (current LCU), annual growth rate 12.6 % change on previous year (2023)
- Gold reserves at 35 SDRs per ounce 19,618 SDR (2025)
- Gold reserves at market value 1.79 million SDR (2025)
- Reserves excluding gold, foreign exchange 8.93 billion SDR (2025)
- Reserves excluding gold 9.05 billion SDR (2025)
- Total reserves (gold at market value) 9.05 billion SDR (2025)
- Total reserves (gold at national valuation) 9.05 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 157.31 SDR per person (2025)
Frequently asked questions
- What is bank cost to income ratio in Kenya?
- Bank cost to income ratio in Kenya was 42.2% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank cost to income ratio recorded in Kenya?
- The highest recorded value was 66.2% in 2004.
- What is the lowest bank cost to income ratio recorded in Kenya?
- The lowest recorded value was 42.2% in 2021.
- How does Kenya rank for bank cost to income ratio?
- Kenya ranks 147th out of 169 countries with data for 2021.
- Is bank cost to income ratio rising or falling in Kenya?
- Over the last ten years it is down 20.5%. 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 cost to income ratio (%). 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. Data2090 / (data2080 + data2085). All Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.