Financial Institutions Efficiency Index in Kenya
Kenya: Financial Institutions Efficiency Index was 0.5759 in 2020. ▲ Rising
Financial Institutions Efficiency Index in Kenya, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions efficiency index in Kenya stood at 0.5759.
That represents a change of down 5.3% on the previous year and up 14.0% over ten years.
Over the whole period, financial institutions efficiency index in Kenya peaked at 0.6821 in 1996 and was at its lowest, 0.3104, in 2001.
Kenya ranks 101st 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 | 0.518 | 0.3426 | 0.6431 | 10 |
| 1990s | 0.4591 | 0.3463 | 0.6821 | 10 |
| 2000s | 0.4351 | 0.3104 | 0.5302 | 10 |
| 2010s | 0.563 | 0.5054 | 0.6159 | 10 |
| 2020s | 0.5759 | 0.5759 | 0.5759 | 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)
- Domestic credit to private sector by banks 29.7% (2024)
Frequently asked questions
- What is financial institutions efficiency index in Kenya?
- Financial institutions efficiency index in Kenya was 0.5759 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Kenya?
- The highest recorded value was 0.6821 in 1996.
- What is the lowest financial institutions efficiency index recorded in Kenya?
- The lowest recorded value was 0.3104 in 2001.
- How does Kenya rank for financial institutions efficiency index?
- Kenya ranks 101st out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Kenya?
- Over the last ten years it is up 14.0%. 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 Efficiency 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.