Bank credit to bank deposits in Kenya
Kenya: Bank credit to bank deposits was 86.1% in 2021. ▲ Rising
Bank credit to bank deposits in Kenya, 1961–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for bank credit to bank deposits in Kenya is 86.1%, measured in 2021.
That represents a change of up 2.2% on the previous year and up 4.2% over ten years.
Over the whole period, bank credit to bank deposits in Kenya peaked at 102.1% in 1964 and was at its lowest, 63.0%, in 1993.
Kenya ranks 67th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 61 years of available data.
Bank credit to bank deposits in Kenya, year by year
| Year | % | Change |
|---|---|---|
| 1961 | 80.7% | — |
| 1962 | 80.5% | -0.2% |
| 1963 | 93.5% | +16.1% |
| 1964 | 102.1% | +9.2% |
| 1965 | 80.9% | -20.8% |
| 1966 | 70.6% | -12.7% |
| 1967 | 79.0% | +11.9% |
| 1968 | 68.3% | -13.5% |
| 1969 | 64.7% | -5.4% |
| 1970 | 67.9% | +5.0% |
| 1971 | 79.4% | +17.0% |
| 1972 | 78.1% | -1.7% |
| 1973 | 77.9% | -0.3% |
| 1974 | 88.3% | +13.4% |
| 1975 | 78.8% | -10.8% |
| 1976 | 74.1% | -5.9% |
| 1977 | 65.4% | -11.8% |
| 1978 | 75.9% | +16.1% |
| 1979 | 74.3% | -2.2% |
| 1980 | 87.0% | +17.1% |
| 1981 | 85.5% | -1.8% |
| 1982 | 81.9% | -4.2% |
| 1983 | 82.7% | +1.0% |
| 1984 | 80.3% | -2.9% |
| 1985 | 84.0% | +4.6% |
| 1986 | 76.9% | -8.5% |
| 1987 | 75.4% | -2.0% |
| 1988 | 79.6% | +5.6% |
| 1989 | 78.6% | -1.3% |
| 1990 | 77.4% | -1.5% |
| 1991 | 78.6% | +1.5% |
| 1992 | 76.5% | -2.7% |
| 1993 | 63.0% | -17.6% |
| 1994 | 63.7% | +1.1% |
| 1995 | 71.8% | +12.7% |
| 1996 | 70.4% | -2.0% |
| 1997 | 74.3% | +5.5% |
| 1998 | 78.6% | +5.8% |
| 1999 | 88.2% | +12.2% |
| 2000 | 86.5% | -1.9% |
| 2001 | 81.4% | -5.9% |
| 2002 | 78.0% | -4.2% |
| 2003 | 73.3% | -6.1% |
| 2004 | 78.9% | +7.6% |
| 2005 | 76.4% | -3.1% |
| 2006 | 74.7% | -2.3% |
| 2007 | 72.6% | -2.8% |
| 2008 | 78.2% | +7.7% |
| 2009 | 75.8% | -3.1% |
| 2010 | 75.3% | -0.7% |
| 2011 | 82.6% | +9.8% |
| 2012 | 79.6% | -3.7% |
| 2013 | 84.6% | +6.3% |
| 2014 | 89.4% | +5.7% |
| 2015 | 93.4% | +4.5% |
| 2016 | 96.3% | +3.0% |
| 2017 | 91.3% | -5.2% |
| 2018 | 86.1% | -5.7% |
| 2019 | 86.8% | +0.8% |
| 2020 | 84.2% | -3.0% |
| 2021 | 86.1% | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 80.0% | 64.7% | 102.1% | 9 |
| 1970s | 76.0% | 65.4% | 88.3% | 10 |
| 1980s | 81.2% | 75.4% | 87.0% | 10 |
| 1990s | 74.2% | 63.0% | 88.2% | 10 |
| 2000s | 77.6% | 72.6% | 86.5% | 10 |
| 2010s | 86.5% | 75.3% | 96.3% | 10 |
| 2020s | 85.1% | 84.2% | 86.1% | 2 |
Countries ranked near Kenya
- 64 Azerbaijan 86.4% compare
- 65 Kosovo 86.1% compare
- 65 Kosovo (UNSCR 1244) 86.1% compare
- 68 Macau, China 85.4% compare
- 69 Portugal 85.2% compare
- 70 Jordan 84.8% compare
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 credit to bank deposits in Kenya?
- Bank credit to bank deposits in Kenya was 86.1% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Kenya?
- The highest recorded value was 102.1% in 1964.
- What is the lowest bank credit to bank deposits recorded in Kenya?
- The lowest recorded value was 63.0% in 1993.
- How does Kenya rank for bank credit to bank deposits?
- Kenya ranks 67th out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Kenya?
- Over the last ten years it is up 4.2%. The long-run trend across the full record is rising.
- Where does this Kenya data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).