Bank credit to bank deposits (%) in Kenya
Kenya: Bank credit to bank deposits (%) was 86.1% in 2021. ▲ Rising
Latest (2021)
86.1%
Change on year
up 2.2%
World rank
67th
of 186 countries
All-time high
102.1%
in 1964
All-time low
63.0%
in 1993
Years of data
61
1961–2021
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% |
Kenya compared with similar countries
- Kenya's 86.1% is above the median for lower middle income countries, which is 69.5%, 1.2× the median. (46 countries reporting)
- Kenya's 86.1% is above the median for Sub-Saharan Africa, which is 65.6%, 1.3× the median. (47 countries reporting)
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
More financial sector data for Kenya
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.3189 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.2328 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.3189 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (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.
Download this data
CSV · JSON — 61 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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).