Financial Institutions Depth Index in Kenya
Kenya: Financial Institutions Depth Index was 0.1909 in 2020. ▲ Rising
Financial Institutions Depth Index in Kenya, 1980–2020
Source: International Monetary Fund.
Analysis
Kenya recorded 0.1909 for financial institutions depth index in 2020.
That represents a change of down 1.0% on the previous year and down 1.9% over ten years.
Over the whole period, financial institutions depth index in Kenya peaked at 0.2258 in 2014 and was at its lowest, 0.1245, in 1987.
Kenya ranks 92nd 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.
Financial Institutions Depth Index in Kenya, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.1515 | — |
| 1981 | 0.1461 | -3.5% |
| 1982 | 0.1386 | -5.2% |
| 1983 | 0.1317 | -5.0% |
| 1984 | 0.1291 | -1.9% |
| 1985 | 0.1309 | +1.4% |
| 1986 | 0.1299 | -0.8% |
| 1987 | 0.1245 | -4.2% |
| 1988 | 0.1293 | +3.9% |
| 1989 | 0.1312 | +1.5% |
| 1990 | 0.127 | -3.1% |
| 1991 | 0.1273 | +0.2% |
| 1992 | 0.1327 | +4.2% |
| 1993 | 0.132 | -0.5% |
| 1994 | 0.1403 | +6.3% |
| 1995 | 0.1498 | +6.8% |
| 1996 | 0.1404 | -6.3% |
| 1997 | 0.1491 | +6.2% |
| 1998 | 0.1446 | -3.0% |
| 1999 | 0.1507 | +4.2% |
| 2000 | 0.1424 | -5.5% |
| 2001 | 0.1444 | +1.4% |
| 2002 | 0.1578 | +9.3% |
| 2003 | 0.1626 | +3.0% |
| 2004 | 0.1672 | +2.8% |
| 2005 | 0.1692 | +1.2% |
| 2006 | 0.1778 | +5.1% |
| 2007 | 0.1741 | -2.1% |
| 2008 | 0.1726 | -0.9% |
| 2009 | 0.1707 | -1.1% |
| 2010 | 0.1945 | +13.9% |
| 2011 | 0.1953 | +0.4% |
| 2012 | 0.1969 | +0.8% |
| 2013 | 0.2115 | +7.4% |
| 2014 | 0.2258 | +6.8% |
| 2015 | 0.2192 | -2.9% |
| 2016 | 0.2144 | -2.2% |
| 2017 | 0.2022 | -5.7% |
| 2018 | 0.1947 | -3.7% |
| 2019 | 0.1928 | -1.0% |
| 2020 | 0.1909 | -1.0% |
Kenya compared with similar countries
- Kenya's 0.1909 is above the median for lower middle income countries, which is 0.0823, 2.3× the median. (45 countries reporting)
- Kenya's 0.1909 is above the median for Sub-Saharan Africa, which is 0.0655, 2.9× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1343 | 0.1245 | 0.1515 | 10 |
| 1990s | 0.1394 | 0.127 | 0.1507 | 10 |
| 2000s | 0.1639 | 0.1424 | 0.1778 | 10 |
| 2010s | 0.2047 | 0.1928 | 0.2258 | 10 |
| 2020s | 0.1909 | 0.1909 | 0.1909 | 1 |
Countries ranked near Kenya
- 89 Lithuania 0.2005 compare
- 90 Philippines 0.1952 compare
- 91 Bosnia and Herzegovina 0.1935 compare
- 93 Maldives 0.1903 compare
- 94 Cape Verde 0.1884 compare
- 95 Oman 0.1858 compare
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 depth index in Kenya?
- Financial institutions depth index in Kenya was 0.1909 in 2020, according to International Monetary Fund.
- What is the highest financial institutions depth index recorded in Kenya?
- The highest recorded value was 0.2258 in 2014.
- What is the lowest financial institutions depth index recorded in Kenya?
- The lowest recorded value was 0.1245 in 1987.
- How does Kenya rank for financial institutions depth index?
- Kenya ranks 92nd out of 183 countries with data for 2020.
- Is financial institutions depth index rising or falling in Kenya?
- Over the last ten years it is down 1.9%. 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 Institutions Depth Index. Statizoid updates them automatically from the source API.
Download this data
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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.