Bank Z-score in Kenya

Kenya: Bank Z-score was 23.23 in 2021. ▲ Rising

Latest (2021)
23.23
Change on year
up 8.0%
World rank
39th
of 170 countries
All-time high
25.38
in 2014
All-time low
15.61
in 2002
Years of data
22
2000–2021

Bank Z-score in Kenya, 2000–2021

01020302000201020212000: 16.22001: 182002: 15.62003: 16.82004: 16.22005: 182006: 18.52007: 19.82008: 18.82009: 19.72010: 23.12011: 20.42012: 22.22013: 232014: 25.42015: 21.22016: 23.72017: 24.62018: 242019: 24.22020: 21.52021: 23.2

Source: Bankscope, Bureau van Dijk (BvD).

Analysis

The most recent figure for bank z-score in Kenya is 23.23, measured in 2021.

Compared with earlier readings it is up 8.0% on the previous year and up 13.7% over ten years.

Over the whole period, bank z-score in Kenya peaked at 25.38 in 2014 and was at its lowest, 15.61, in 2002.

Kenya ranks 39th of 170 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 22 years of available data.

Bank Z-score in Kenya, year by year

Annual values for Bank Z-score in Kenya, 2000 to 2021.
Year Value Change
2000 16.16
2001 17.96 +11.2%
2002 15.61 -13.1%
2003 16.84 +7.8%
2004 16.16 -4.0%
2005 17.95 +11.1%
2006 18.47 +2.9%
2007 19.77 +7.1%
2008 18.77 -5.1%
2009 19.7 +5.0%
2010 23.05 +17.0%
2011 20.42 -11.4%
2012 22.18 +8.6%
2013 23 +3.7%
2014 25.38 +10.3%
2015 21.2 -16.5%
2016 23.69 +11.8%
2017 24.62 +3.9%
2018 23.96 -2.7%
2019 24.19 +0.9%
2020 21.51 -11.1%
2021 23.23 +8.0%

Kenya compared with similar countries

  • Kenya's 23.23 is above the median for lower middle income countries, which is 16.4, 1.4× the median. (38 countries reporting)
  • Kenya's 23.23 is above the median for Sub-Saharan Africa, which is 13.99, 1.7× the median. (40 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 17.74 15.61 19.77 10
2010s 23.17 20.42 25.38 10
2020s 22.37 21.51 23.23 2

Countries ranked near Kenya

  1. 36 Mexico 23.75 compare
  2. 37 Namibia 23.72 compare
  3. 38 Mauritania 23.53 compare
  4. 40 Cuba 22.45 compare
  5. 41 United Arab Emirates 22.29 compare
  6. 42 Tanzania 22.18 compare

See the full ranking of 170 places →

More financial sector data for Kenya

All data for Kenya →

Frequently asked questions

What is bank z-score in Kenya?
Bank z-score in Kenya was 23.23 in 2021, according to Bankscope, Bureau van Dijk (BvD).
What is the highest bank z-score recorded in Kenya?
The highest recorded value was 25.38 in 2014.
What is the lowest bank z-score recorded in Kenya?
The lowest recorded value was 15.61 in 2002.
How does Kenya rank for bank z-score?
Kenya ranks 39th out of 170 countries with data for 2021.
Is bank z-score rising or falling in Kenya?
Over the last ten years it is up 13.7%. The long-run trend across the full record is rising.
Where does this Kenya data come from?
The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank Z-score. Statizoid updates them automatically from the source API.

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Bank Z-score in Kenya. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 23 September 2026, from https://financial-sector.statizoid.com/stat/bank-z-score/kenya/

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About this data

Indicator
Bank Z-score
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
170 places, 3,302 data points, 2000–2021
Last refreshed

It captures the probability of default of a country's banking system. Z-score compares the buffer of a country's banking system (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. ROA, equity, and assets are country-level aggregate figures Calculated from underlying bank-by-bank unconsolidated data from Bankscope.