Financial system deposits to GDP in Kenya
Kenya: Financial system deposits to GDP was 35.9% in 2021. β² Rising
Financial system deposits to GDP in Kenya, 1961β2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Kenya recorded 35.9% for financial system deposits to gdp in 2021.
Compared with earlier readings it is down 5.5% on the previous year and up 9.0% over ten years.
Over the whole period, financial system deposits to gdp in Kenya peaked at 39.2% in 2015 and was at its lowest, 13.4%, in 1964.
Kenya ranks 129th of 184 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 61 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.6% | 13.4% | 19.7% | 9 |
| 1970s | 23.7% | 20.4% | 28.6% | 10 |
| 1980s | 24.2% | 23.0% | 25.1% | 10 |
| 1990s | 29.8% | 24.1% | 35.7% | 10 |
| 2000s | 31.9% | 28.8% | 34.4% | 10 |
| 2010s | 35.4% | 31.8% | 39.2% | 10 |
| 2020s | 37.0% | 35.9% | 38.0% | 2 |
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 system deposits to gdp in Kenya?
- Financial system deposits to gdp in Kenya was 35.9% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Kenya?
- The highest recorded value was 39.2% in 2015.
- What is the lowest financial system deposits to gdp recorded in Kenya?
- The lowest recorded value was 13.4% in 1964.
- How does Kenya rank for financial system deposits to gdp?
- Kenya ranks 129th out of 184 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Kenya?
- Over the last ten years it is up 9.0%. The long-run trend across the full record is rising.
- Where does this Kenya data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMFβs International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).