Bank net interest margin in Kenya
Kenya: Bank net interest margin was 6.1% in 2021. ▼ Falling
Bank net interest margin in Kenya, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2021, bank net interest margin in Kenya stood at 6.1%. That is the lowest value across all 22 years on record.
The figure is down 0.5% on the previous year and down 25.0% over ten years.
Over the whole period, bank net interest margin in Kenya peaked at 10.5% in 2005 and was at its lowest, 6.1%, in 2021.
Kenya ranks 23rd of 165 countries on this measure, in the top 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 | 8.0% | 6.5% | 10.5% | 10 |
| 2010s | 8.0% | 6.4% | 9.6% | 10 |
| 2020s | 6.2% | 6.1% | 6.2% | 2 |
Countries ranked near Kenya
- 20 Nicaragua 6.6% compare
- 21 Kyrgyzstan 6.5% compare
- 22 Honduras 6.2% compare
- 24 Azerbaijan 6.1% compare
- 25 Ecuador 6.0% compare
- 26 El Salvador 6.0% compare
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 net interest margin in Kenya?
- Bank net interest margin in Kenya was 6.1% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank net interest margin recorded in Kenya?
- The highest recorded value was 10.5% in 2005.
- What is the lowest bank net interest margin recorded in Kenya?
- The lowest recorded value was 6.1% in 2021.
- How does Kenya rank for bank net interest margin?
- Kenya ranks 23rd out of 165 countries with data for 2021.
- Is bank net interest margin rising or falling in Kenya?
- Over the last ten years it is down 25.0%. 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 net interest margin (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. Data2080[t] / ((data2010[t] + data2010[t-1])/2). Numerator and denominator are 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.