Bank lending-deposit spread in Kenya
Kenya: Bank lending-deposit spread was 5.03 in 2020. ◆ Volatile
Bank lending-deposit spread in Kenya, 1980–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF).
Analysis
In 2020, bank lending-deposit spread in Kenya stood at 5.03.
The figure is up 1.9% on the previous year and down 48.8% over ten years.
Over the whole period, bank lending-deposit spread in Kenya peaked at 20.52 in 1994 and was at its lowest, 2.3, in 1982.
That places Kenya 69th out of 124 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Bank lending-deposit spread in Kenya, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 4.83 | — |
| 1981 | 3.57 | -26.1% |
| 1982 | 2.3 | -35.5% |
| 1983 | 2.56 | +11.3% |
| 1984 | 2.65 | +3.2% |
| 1985 | 2.75 | +3.9% |
| 1986 | 2.75 | +0.0% |
| 1987 | 3.69 | +34.1% |
| 1988 | 4.67 | +26.6% |
| 1989 | 5.25 | +12.5% |
| 1990 | 5.08 | -3.2% |
| 1991 | 4.5 | -11.5% |
| 1994 | 20.52 | +356.3% |
| 1995 | 15.2 | -25.9% |
| 1996 | 16.2 | +6.6% |
| 1997 | 13.52 | -16.5% |
| 1998 | 11.09 | -18.0% |
| 1999 | 12.83 | +15.7% |
| 2000 | 14.24 | +11.0% |
| 2001 | 13.03 | -8.5% |
| 2002 | 12.97 | -0.5% |
| 2003 | 12.44 | -4.1% |
| 2004 | 10.1 | -18.8% |
| 2005 | 7.8 | -22.8% |
| 2006 | 8.5 | +8.9% |
| 2007 | 8.18 | -3.8% |
| 2008 | 8.71 | +6.6% |
| 2009 | 8.84 | +1.4% |
| 2010 | 9.81 | +11.1% |
| 2011 | 9.42 | -4.0% |
| 2012 | 8.15 | -13.5% |
| 2013 | 8.67 | +6.4% |
| 2014 | 8.14 | -6.1% |
| 2015 | 6.9 | -15.3% |
| 2016 | 7.87 | +14.1% |
| 2017 | 5.99 | -23.9% |
| 2018 | 4.77 | -20.4% |
| 2019 | 4.94 | +3.5% |
| 2020 | 5.03 | +1.9% |
Kenya compared with similar countries
- Kenya's 5.03 is below the median for lower middle income countries, which is 7.06, 71% of the median. (31 countries reporting)
- Kenya's 5.03 is below the median for Sub-Saharan Africa, which is 8.22, 61% of the median. (27 countries reporting)
Biggest year-on-year movements
Years where Bank lending-deposit spread in Kenya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +356.3% | 4.5 | 20.52 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.5 | 2.3 | 5.25 | 10 |
| 1990s | 12.37 | 4.5 | 20.52 | 8 |
| 2000s | 10.48 | 7.8 | 14.24 | 10 |
| 2010s | 7.47 | 4.77 | 9.81 | 10 |
| 2020s | 5.03 | 5.03 | 5.03 | 1 |
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 lending-deposit spread in Kenya?
- Bank lending-deposit spread in Kenya was 5.03 in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank lending-deposit spread recorded in Kenya?
- The highest recorded value was 20.52 in 1994.
- What is the lowest bank lending-deposit spread recorded in Kenya?
- The lowest recorded value was 2.3 in 1982.
- How does Kenya rank for bank lending-deposit spread?
- Kenya ranks 69th out of 124 countries with data for 2020.
- Is bank lending-deposit spread rising or falling in Kenya?
- Over the last ten years it is down 48.8%. The long-run trend across the full record is volatile.
- Where does this Kenya data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank lending-deposit spread. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 39 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. Difference between lending rate and deposit rate. Lending rate is the rate charged by banks on loans to the private sector and deposit interest rate is the rate offered by commercial banks on three-month deposits. IFS line 60P - line 60L.