Net domestic credit (current LCU), annual growth rate in Kenya
Kenya: Net domestic credit (current LCU), annual growth rate was 12.6 % change on previous year in 2023. ◆ Volatile
Latest (2023)
12.6 % change on previous year
Change on year
up 1.7%
World rank
66th
of 186 countries
All-time high
49.73 % change on previous year
in 1994
All-time low
-1.64 % change on previous year
in 1993
Years of data
57
1967–2023
Net domestic credit (current LCU), annual growth rate in Kenya, 1967–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, net domestic credit (current lcu), annual growth rate in Kenya stood at 12.6 % change on previous year.
The figure is up 1.7% on the previous year and down 17.9% over ten years.
Over the whole period, net domestic credit (current lcu), annual growth rate in Kenya peaked at 49.73 % change on previous year in 1994 and was at its lowest, -1.64 % change on previous year, in 1993.
Kenya ranks 66th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), annual growth rate in Kenya, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1967 | 29.3 % change on previous year | — |
| 1968 | 3.71 % change on previous year | -87.3% |
| 1969 | 7.4 % change on previous year | +99.4% |
| 1970 | 30.44 % change on previous year | +311.2% |
| 1971 | 34.53 % change on previous year | +13.5% |
| 1972 | 19.44 % change on previous year | -43.7% |
| 1973 | 27.88 % change on previous year | +43.4% |
| 1974 | 28.63 % change on previous year | +2.7% |
| 1975 | 29.13 % change on previous year | +1.7% |
| 1976 | 16.58 % change on previous year | -43.1% |
| 1977 | 23.78 % change on previous year | +43.5% |
| 1978 | 35.85 % change on previous year | +50.7% |
| 1979 | 14.16 % change on previous year | -60.5% |
| 1980 | 13.09 % change on previous year | -7.6% |
| 1981 | 24.85 % change on previous year | +89.9% |
| 1982 | 28.6 % change on previous year | +15.1% |
| 1983 | -0.4409 % change on previous year | -101.5% |
| 1984 | 10.34 % change on previous year | -2445.0% |
| 1985 | 12.39 % change on previous year | +19.8% |
| 1986 | 27.52 % change on previous year | +122.1% |
| 1987 | 19.78 % change on previous year | -28.1% |
| 1988 | 6.9 % change on previous year | -65.1% |
| 1989 | 6.15 % change on previous year | -10.8% |
| 1990 | 26.17 % change on previous year | +325.4% |
| 1991 | 19.14 % change on previous year | -26.9% |
| 1992 | 17.58 % change on previous year | -8.2% |
| 1993 | -1.64 % change on previous year | -109.3% |
| 1994 | 49.73 % change on previous year | -3126.8% |
| 1995 | 37.02 % change on previous year | -25.6% |
| 1996 | 18.69 % change on previous year | -49.5% |
| 1997 | 21.09 % change on previous year | +12.9% |
| 1998 | 9.04 % change on previous year | -57.1% |
| 1999 | 9.57 % change on previous year | +5.9% |
| 2000 | 1.31 % change on previous year | -86.3% |
| 2001 | 7.38 % change on previous year | +464.0% |
| 2002 | 8.63 % change on previous year | +17.0% |
| 2003 | 9.3 % change on previous year | +7.7% |
| 2004 | 13.77 % change on previous year | +48.1% |
| 2005 | 5.4 % change on previous year | -60.8% |
| 2006 | 12.66 % change on previous year | +134.5% |
| 2007 | 12.25 % change on previous year | -3.2% |
| 2008 | 25.85 % change on previous year | +111.0% |
| 2009 | 21.02 % change on previous year | -18.7% |
| 2010 | 27.79 % change on previous year | +32.2% |
| 2011 | 19.27 % change on previous year | -30.7% |
| 2012 | 15.9 % change on previous year | -17.5% |
| 2013 | 15.35 % change on previous year | -3.5% |
| 2014 | 28.15 % change on previous year | +83.4% |
| 2015 | 18.54 % change on previous year | -34.1% |
| 2016 | 7.84 % change on previous year | -57.7% |
| 2017 | 8.58 % change on previous year | +9.4% |
| 2018 | 5.24 % change on previous year | -38.9% |
| 2019 | 7.5 % change on previous year | +43.2% |
| 2020 | 18.25 % change on previous year | +143.4% |
| 2021 | 14.33 % change on previous year | -21.5% |
| 2022 | 12.39 % change on previous year | -13.5% |
| 2023 | 12.6 % change on previous year | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.47 % change on previous year | 3.71 % change on previous year | 29.3 % change on previous year | 3 |
| 1970s | 26.04 % change on previous year | 14.16 % change on previous year | 35.85 % change on previous year | 10 |
| 1980s | 14.92 % change on previous year | -0.4409 % change on previous year | 28.6 % change on previous year | 10 |
| 1990s | 20.64 % change on previous year | -1.64 % change on previous year | 49.73 % change on previous year | 10 |
| 2000s | 11.76 % change on previous year | 1.31 % change on previous year | 25.85 % change on previous year | 10 |
| 2010s | 15.42 % change on previous year | 5.24 % change on previous year | 28.15 % change on previous year | 10 |
| 2020s | 14.39 % change on previous year | 12.39 % change on previous year | 18.25 % change on previous year | 4 |
Countries ranked near Kenya
- 63 Guatemala 13.1 % change on previous year compare
- 64 Nepal 13.03 % change on previous year compare
- 65 Haiti 13.01 % change on previous year compare
- 67 Trinidad and Tobago 12.41 % change on previous year compare
- 68 Djibouti 12.22 % change on previous year compare
- 69 Belize 12.01 % change on previous year compare
More financial sector data for Kenya
- Total reserves in months of imports, annual growth rate 28.36 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 20.02 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0657 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 155.28 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 17.24 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 157.28 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 17.25 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 157.31 SDR per person (2025)
Frequently asked questions
- What is net domestic credit (current lcu), annual growth rate in Kenya?
- Net domestic credit (current lcu), annual growth rate in Kenya was 12.6 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), annual growth rate recorded in Kenya?
- The highest recorded value was 49.73 % change on previous year in 1994.
- What is the lowest net domestic credit (current lcu), annual growth rate recorded in Kenya?
- The lowest recorded value was -1.64 % change on previous year in 1993.
- How does Kenya rank for net domestic credit (current lcu), annual growth rate?
- Kenya ranks 66th out of 186 countries with data for 2023.
- Is net domestic credit (current lcu), annual growth rate rising or falling in Kenya?
- Over the last ten years it is down 17.9%. The long-run trend across the full record is volatile.
- Where does this Kenya data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 57 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.