Bank nonperforming loans to total gross loans in Kenya
Kenya: Bank nonperforming loans to total gross loans was 13.6% in 2024. ▲ Rising
Bank nonperforming loans to total gross loans in Kenya, 2006–2024
Source: Financial Soundness Indicators, International Monetary Fund (IMF). Measured in %.
Analysis
In 2024, bank nonperforming loans to total gross loans in Kenya stood at 13.6%. That is the highest value across all 19 years on record.
That represents a change of up 10.0% on the previous year and up 148.8% over ten years.
Over the whole period, bank nonperforming loans to total gross loans in Kenya peaked at 13.6% in 2024 and was at its lowest, 4.4%, in 2011.
That places Kenya 17th out of 150 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Bank nonperforming loans to total gross loans in Kenya, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 12.3% | — |
| 2007 | 7.0% | -43.3% |
| 2008 | 9.0% | +28.8% |
| 2009 | 6.8% | -24.3% |
| 2010 | 5.1% | -24.7% |
| 2011 | 4.4% | -13.9% |
| 2012 | 4.6% | +3.8% |
| 2013 | 5.0% | +9.9% |
| 2014 | 5.5% | +8.2% |
| 2015 | 6.0% | +9.8% |
| 2016 | 8.6% | +43.4% |
| 2017 | 9.9% | +15.9% |
| 2018 | 12.0% | +20.9% |
| 2019 | 9.7% | -18.9% |
| 2020 | 11.9% | +21.8% |
| 2021 | 10.9% | -8.4% |
| 2022 | 10.8% | -1.2% |
| 2023 | 12.3% | +14.7% |
| 2024 | 13.6% | +10.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.8% | 6.8% | 12.3% | 4 |
| 2010s | 7.1% | 4.4% | 12.0% | 10 |
| 2020s | 11.9% | 10.8% | 13.6% | 5 |
Countries ranked near Kenya
More financial sector data for Kenya
- Total reserves (gold at national valuation) (SDR), annual growth rate 14.45 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 153.55 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 28.36 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 20.02 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0657 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 155.28 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 17.24 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 157.28 SDR per person (2025)
Frequently asked questions
- What is bank nonperforming loans to total gross loans in Kenya?
- Bank nonperforming loans to total gross loans in Kenya was 13.6% in 2024, according to Financial Soundness Indicators, International Monetary Fund (IMF).
- What is the highest bank nonperforming loans to total gross loans recorded in Kenya?
- The highest recorded value was 13.6% in 2024.
- What is the lowest bank nonperforming loans to total gross loans recorded in Kenya?
- The lowest recorded value was 4.4% in 2011.
- How does Kenya rank for bank nonperforming loans to total gross loans?
- Kenya ranks 17th out of 150 countries with data for 2024.
- Is bank nonperforming loans to total gross loans rising or falling in Kenya?
- Over the last ten years it is up 148.8%. The long-run trend across the full record is rising.
- Where does this Kenya data come from?
- The figures come from Financial Soundness Indicators, International Monetary Fund (IMF), published as part of Bank nonperforming loans to total gross loans (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The indicator measures the proportion of a deposit taker’s loan portfolio that is impaired or at risk of default. It is calculated as the ratio of non-performing loans (NPLs) to total gross loans, where NPLs are defined as loans that are past due by 90 days or more or are otherwise considered unlikely to be repaid in full without the realization of collateral. Both non-performing loans and total gross loans should be reported at their gross book value, without deducting for loan-loss provisions or collateral. This indicator provides a key measure of asset quality and potential credit risk in the banking system.