Financial Development Index in Kenya
Kenya: Financial Development Index was 0.1566 in 2020. β² Rising
Financial Development Index in Kenya, 1980β2020
Source: International Monetary Fund.
Analysis
Kenya recorded 0.1566 for financial development index in 2020.
The figure is down 4.3% on the previous year and down 3.9% over ten years.
Over the whole period, financial development index in Kenya peaked at 0.1852 in 2015 and was at its lowest, 0.0949, in 2001.
Kenya ranks 131st of 183 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1288 | 0.0984 | 0.1527 | 10 |
| 1990s | 0.12 | 0.098 | 0.1496 | 10 |
| 2000s | 0.1327 | 0.0949 | 0.1675 | 10 |
| 2010s | 0.1748 | 0.163 | 0.1852 | 10 |
| 2020s | 0.1566 | 0.1566 | 0.1566 | 1 |
Countries ranked near Kenya
More financial sector data for Kenya
- Net domestic credit (current LCU), per capita 129,188 current LCU per person (2023)
- Net domestic credit (current LCU), per unit of GDP 66.5 current LCU per US$ of GDP (2023)
- Net domestic credit (current LCU), annual growth rate 12.6 % change on previous year (2023)
- Gold reserves at 35 SDRs per ounce 19,618 SDR (2025)
- Gold reserves at market value 1.79 million SDR (2025)
- Reserves excluding gold, foreign exchange 8.93 billion SDR (2025)
- Reserves excluding gold 9.05 billion SDR (2025)
- Total reserves (gold at market value) 9.05 billion SDR (2025)
- Total reserves (gold at national valuation) 9.05 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 157.31 SDR per person (2025)
Frequently asked questions
- What is financial development index in Kenya?
- Financial development index in Kenya was 0.1566 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Kenya?
- The highest recorded value was 0.1852 in 2015.
- What is the lowest financial development index recorded in Kenya?
- The lowest recorded value was 0.0949 in 2001.
- How does Kenya rank for financial development index?
- Kenya ranks 131st out of 183 countries with data for 2020.
- Is financial development index rising or falling in Kenya?
- Over the last ten years it is down 3.9%. The long-run trend across the full record is rising.
- Where does this Kenya data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.