Financial Institutions Access Index in Kenya
Kenya: Financial Institutions Access Index was 0.085 in 2020. ▲ Rising
Financial Institutions Access Index in Kenya, 1980–2020
Source: International Monetary Fund.
Analysis
Kenya recorded 0.085 for financial institutions access index in 2020.
The figure is down 3.5% on the previous year and down 7.1% over ten years.
Over the whole period, financial institutions access index in Kenya peaked at 0.106 in 2015 and was at its lowest, 0.0306, in 2001.
That places Kenya 153rd out of 183 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Institutions Access Index in Kenya, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.043 | — |
| 1981 | 0.0528 | +22.8% |
| 1982 | 0.0516 | -2.3% |
| 1983 | 0.0477 | -7.4% |
| 1984 | 0.0465 | -2.6% |
| 1985 | 0.0458 | -1.6% |
| 1986 | 0.0456 | -0.3% |
| 1987 | 0.0392 | -14.1% |
| 1988 | 0.0355 | -9.4% |
| 1989 | 0.0336 | -5.4% |
| 1990 | 0.0338 | +0.5% |
| 1991 | 0.0368 | +9.1% |
| 1992 | 0.0378 | +2.7% |
| 1993 | 0.0369 | -2.4% |
| 1994 | 0.038 | +3.1% |
| 1995 | 0.0437 | +15.0% |
| 1996 | 0.0432 | -1.2% |
| 1997 | 0.0398 | -7.9% |
| 1998 | 0.0402 | +1.1% |
| 1999 | 0.0405 | +0.6% |
| 2000 | 0.0355 | -12.3% |
| 2001 | 0.0306 | -13.8% |
| 2002 | 0.0346 | +13.2% |
| 2003 | 0.0353 | +1.9% |
| 2004 | 0.0376 | +6.5% |
| 2005 | 0.0362 | -3.6% |
| 2006 | 0.0433 | +19.3% |
| 2007 | 0.0602 | +39.1% |
| 2008 | 0.0722 | +19.9% |
| 2009 | 0.081 | +12.3% |
| 2010 | 0.0915 | +12.9% |
| 2011 | 0.0953 | +4.2% |
| 2012 | 0.1002 | +5.1% |
| 2013 | 0.1017 | +1.5% |
| 2014 | 0.1045 | +2.8% |
| 2015 | 0.106 | +1.4% |
| 2016 | 0.1012 | -4.5% |
| 2017 | 0.1006 | -0.6% |
| 2018 | 0.097 | -3.5% |
| 2019 | 0.0881 | -9.2% |
| 2020 | 0.085 | -3.5% |
Kenya compared with similar countries
- Kenya's 0.085 is below the median for lower middle income countries, which is 0.1657, 51% of the median. (45 countries reporting)
- Kenya's 0.085 is above the median for Sub-Saharan Africa, which is 0.0774, 1.1× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Financial Institutions Access Index 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 |
|---|---|---|---|
| 2007 | +39.1% | 0.0433 | 0.0602 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0441 | 0.0336 | 0.0528 | 10 |
| 1990s | 0.0391 | 0.0338 | 0.0437 | 10 |
| 2000s | 0.0466 | 0.0306 | 0.081 | 10 |
| 2010s | 0.0986 | 0.0881 | 0.106 | 10 |
| 2020s | 0.085 | 0.085 | 0.085 | 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 financial institutions access index in Kenya?
- Financial institutions access index in Kenya was 0.085 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Kenya?
- The highest recorded value was 0.106 in 2015.
- What is the lowest financial institutions access index recorded in Kenya?
- The lowest recorded value was 0.0306 in 2001.
- How does Kenya rank for financial institutions access index?
- Kenya ranks 153rd out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Kenya?
- Over the last ten years it is down 7.1%. 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 Institutions Access Index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 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.