Financial Institutions Index in Kenya
Kenya: Financial Institutions Index was 0.2676 in 2020. ▲ Rising
Financial Institutions Index in Kenya, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions index in Kenya stood at 0.2676.
That represents a change of down 3.7% on the previous year and up 5.4% over ten years.
Over the whole period, financial institutions index in Kenya peaked at 0.2917 in 2015 and was at its lowest, 0.1556, in 2001.
That places Kenya 128th out of 183 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Institutions Index in Kenya, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.2077 | — |
| 1981 | 0.2492 | +20.0% |
| 1982 | 0.2478 | -0.6% |
| 1983 | 0.2314 | -6.6% |
| 1984 | 0.2261 | -2.3% |
| 1985 | 0.222 | -1.8% |
| 1986 | 0.2215 | -0.2% |
| 1987 | 0.1792 | -19.1% |
| 1988 | 0.1595 | -11.0% |
| 1989 | 0.1609 | +0.9% |
| 1990 | 0.1601 | -0.5% |
| 1991 | 0.1675 | +4.6% |
| 1992 | 0.1702 | +1.6% |
| 1993 | 0.1622 | -4.7% |
| 1994 | 0.1952 | +20.4% |
| 1995 | 0.2047 | +4.9% |
| 1996 | 0.255 | +24.6% |
| 1997 | 0.2211 | -13.3% |
| 1998 | 0.2086 | -5.6% |
| 1999 | 0.2093 | +0.3% |
| 2000 | 0.1929 | -7.8% |
| 2001 | 0.1556 | -19.3% |
| 2002 | 0.1654 | +6.3% |
| 2003 | 0.1901 | +14.9% |
| 2004 | 0.2035 | +7.1% |
| 2005 | 0.1958 | -3.8% |
| 2006 | 0.2248 | +14.8% |
| 2007 | 0.2378 | +5.8% |
| 2008 | 0.235 | -1.2% |
| 2009 | 0.23 | -2.2% |
| 2010 | 0.2537 | +10.3% |
| 2011 | 0.2588 | +2.0% |
| 2012 | 0.2667 | +3.1% |
| 2013 | 0.271 | +1.6% |
| 2014 | 0.2894 | +6.8% |
| 2015 | 0.2917 | +0.8% |
| 2016 | 0.2824 | -3.2% |
| 2017 | 0.2844 | +0.7% |
| 2018 | 0.2847 | +0.1% |
| 2019 | 0.2779 | -2.4% |
| 2020 | 0.2676 | -3.7% |
Kenya compared with similar countries
- Kenya's 0.2676 is above the median for lower middle income countries, which is 0.2568, 1.0× the median. (45 countries reporting)
- Kenya's 0.2676 is above the median for Sub-Saharan Africa, which is 0.2105, 1.3× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2105 | 0.1595 | 0.2492 | 10 |
| 1990s | 0.1954 | 0.1601 | 0.255 | 10 |
| 2000s | 0.2031 | 0.1556 | 0.2378 | 10 |
| 2010s | 0.2761 | 0.2537 | 0.2917 | 10 |
| 2020s | 0.2676 | 0.2676 | 0.2676 | 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 index in Kenya?
- Financial institutions index in Kenya was 0.2676 in 2020, according to International Monetary Fund.
- What is the highest financial institutions index recorded in Kenya?
- The highest recorded value was 0.2917 in 2015.
- What is the lowest financial institutions index recorded in Kenya?
- The lowest recorded value was 0.1556 in 2001.
- How does Kenya rank for financial institutions index?
- Kenya ranks 128th out of 183 countries with data for 2020.
- Is financial institutions index rising or falling in Kenya?
- Over the last ten years it is up 5.4%. 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 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.