Liquid liabilities to GDP (%) in Kenya
Kenya: Liquid liabilities to GDP (%) was 38.8% in 2021. ▲ Rising
Liquid liabilities to GDP in Kenya, 1966–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Kenya recorded 38.8% for liquid liabilities to gdp in 2021.
The figure is down 5.6% on the previous year and up 6.0% over ten years.
Over the whole period, liquid liabilities to gdp in Kenya peaked at 42.8% in 2015 and was at its lowest, 22.7%, in 1966.
That places Kenya 139th out of 186 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Liquid liabilities to GDP (%) in Kenya, year by year
| Year | % | Change |
|---|---|---|
| 1966 | 22.7% | — |
| 1967 | 23.7% | +4.6% |
| 1968 | 24.0% | +1.2% |
| 1969 | 26.4% | +10.0% |
| 1970 | 30.6% | +16.0% |
| 1971 | 29.7% | -3.0% |
| 1972 | 28.5% | -3.8% |
| 1973 | 30.5% | +6.9% |
| 1974 | 25.7% | -15.7% |
| 1975 | 27.4% | +6.6% |
| 1976 | 28.2% | +2.9% |
| 1977 | 32.8% | +16.4% |
| 1978 | 34.5% | +5.3% |
| 1979 | 34.4% | -0.5% |
| 1980 | 29.9% | -12.9% |
| 1981 | 29.5% | -1.5% |
| 1982 | 30.4% | +3.2% |
| 1983 | 28.2% | -7.4% |
| 1984 | 28.3% | +0.6% |
| 1985 | 26.7% | -5.9% |
| 1986 | 30.4% | +13.9% |
| 1987 | 30.2% | -0.5% |
| 1988 | 28.9% | -4.4% |
| 1989 | 28.4% | -1.7% |
| 1990 | 29.6% | +4.1% |
| 1991 | 31.0% | +4.7% |
| 1992 | 36.5% | +17.9% |
| 1993 | 37.1% | +1.5% |
| 1994 | 38.0% | +2.6% |
| 1995 | 42.2% | +11.1% |
| 1996 | 35.8% | -15.3% |
| 1997 | 38.4% | +7.4% |
| 1998 | 35.8% | -6.8% |
| 1999 | 35.8% | -0.1% |
| 2000 | 35.2% | -1.7% |
| 2001 | 35.2% | +0.2% |
| 2002 | 38.2% | +8.3% |
| 2003 | 39.0% | +2.3% |
| 2004 | 39.3% | +0.8% |
| 2005 | 38.9% | -1.1% |
| 2006 | 34.6% | -11.0% |
| 2007 | 36.1% | +4.2% |
| 2008 | 36.1% | +0.1% |
| 2009 | 31.9% | -11.7% |
| 2010 | 35.5% | +11.4% |
| 2011 | 36.6% | +3.0% |
| 2012 | 36.5% | -0.1% |
| 2013 | 37.8% | +3.5% |
| 2014 | 42.3% | +11.9% |
| 2015 | 42.8% | +1.2% |
| 2016 | 40.3% | -5.8% |
| 2017 | 39.4% | -2.4% |
| 2018 | 39.4% | +0.0% |
| 2019 | 38.0% | -3.4% |
| 2020 | 41.1% | +8.0% |
| 2021 | 38.8% | -5.6% |
Kenya compared with similar countries
- Kenya's 38.8% is below the median for lower middle income countries, which is 39.9%, 97% of the median. (46 countries reporting)
- Kenya's 38.8% is above the median for Sub-Saharan Africa, which is 29.1%, 1.3× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 24.2% | 22.7% | 26.4% | 4 |
| 1970s | 30.2% | 25.7% | 34.5% | 10 |
| 1980s | 29.1% | 26.7% | 30.4% | 10 |
| 1990s | 36.0% | 29.6% | 42.2% | 10 |
| 2000s | 36.4% | 31.9% | 39.3% | 10 |
| 2010s | 38.9% | 35.5% | 42.8% | 10 |
| 2020s | 39.9% | 38.8% | 41.1% | 2 |
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 liquid liabilities to gdp in Kenya?
- Liquid liabilities to gdp in Kenya was 38.8% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest liquid liabilities to gdp recorded in Kenya?
- The highest recorded value was 42.8% in 2015.
- What is the lowest liquid liabilities to gdp recorded in Kenya?
- The lowest recorded value was 22.7% in 1966.
- How does Kenya rank for liquid liabilities to gdp?
- Kenya ranks 139th out of 186 countries with data for 2021.
- Is liquid liabilities to gdp rising or falling in Kenya?
- Over the last ten years it is up 6.0%. 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 Liquid liabilities to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L or, if not available, line 35L); 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) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.