Net domestic credit (current LCU), per unit of GDP in Kenya
Kenya: Net domestic credit (current LCU), per unit of GDP was 66.5 current LCU per US$ of GDP in 2023. ◆ Volatile
Latest (2023)
66.5 current LCU per US$ of GDP
Change on year
up 19.9%
World rank
58th
of 186 countries
All-time high
66.5 current LCU per US$ of GDP
in 2023
All-time low
0.8587 current LCU per US$ of GDP
in 1966
Years of data
58
1966–2023
Net domestic credit (current LCU), per unit of GDP in Kenya, 1966–2023
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Kenya recorded 66.5 current LCU per US$ of GDP for net domestic credit (current lcu), per unit of gdp in 2023. That is the highest value across all 58 years on record.
That represents a change of up 19.9% on the previous year and up 97.5% over ten years.
Over the whole period, net domestic credit (current lcu), per unit of gdp in Kenya peaked at 66.5 current LCU per US$ of GDP in 2023 and was at its lowest, 0.8587 current LCU per US$ of GDP, in 1966.
That places Kenya 58th out of 186 countries with data for 2023, putting it 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), per unit of GDP in Kenya, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1966 | 0.8587 current LCU per US$ of GDP | — |
| 1967 | 1.05 current LCU per US$ of GDP | +22.2% |
| 1968 | 0.9909 current LCU per US$ of GDP | -5.5% |
| 1969 | 0.9876 current LCU per US$ of GDP | -0.3% |
| 1970 | 1.17 current LCU per US$ of GDP | +18.6% |
| 1971 | 1.42 current LCU per US$ of GDP | +21.3% |
| 1972 | 1.43 current LCU per US$ of GDP | +0.8% |
| 1973 | 1.54 current LCU per US$ of GDP | +7.4% |
| 1974 | 1.67 current LCU per US$ of GDP | +8.7% |
| 1975 | 1.97 current LCU per US$ of GDP | +17.7% |
| 1976 | 2.15 current LCU per US$ of GDP | +9.4% |
| 1977 | 2.06 current LCU per US$ of GDP | -4.3% |
| 1978 | 2.37 current LCU per US$ of GDP | +15.1% |
| 1979 | 2.3 current LCU per US$ of GDP | -2.9% |
| 1980 | 2.23 current LCU per US$ of GDP | -3.0% |
| 1981 | 2.96 current LCU per US$ of GDP | +32.3% |
| 1982 | 4.05 current LCU per US$ of GDP | +37.1% |
| 1983 | 4.34 current LCU per US$ of GDP | +7.1% |
| 1984 | 4.62 current LCU per US$ of GDP | +6.6% |
| 1985 | 5.24 current LCU per US$ of GDP | +13.4% |
| 1986 | 5.67 current LCU per US$ of GDP | +8.1% |
| 1987 | 6.16 current LCU per US$ of GDP | +8.8% |
| 1988 | 6.29 current LCU per US$ of GDP | +2.0% |
| 1989 | 6.73 current LCU per US$ of GDP | +7.1% |
| 1990 | 8.21 current LCU per US$ of GDP | +21.9% |
| 1991 | 10.28 current LCU per US$ of GDP | +25.3% |
| 1992 | 12.01 current LCU per US$ of GDP | +16.8% |
| 1993 | 16.85 current LCU per US$ of GDP | +40.4% |
| 1994 | 20.3 current LCU per US$ of GDP | +20.5% |
| 1995 | 21.98 current LCU per US$ of GDP | +8.3% |
| 1996 | 19.59 current LCU per US$ of GDP | -10.9% |
| 1997 | 21.79 current LCU per US$ of GDP | +11.2% |
| 1998 | 22.11 current LCU per US$ of GDP | +1.5% |
| 1999 | 26.48 current LCU per US$ of GDP | +19.8% |
| 2000 | 27.23 current LCU per US$ of GDP | +2.8% |
| 2001 | 28.61 current LCU per US$ of GDP | +5.1% |
| 2002 | 30.7 current LCU per US$ of GDP | +7.3% |
| 2003 | 29.6 current LCU per US$ of GDP | -3.6% |
| 2004 | 31.18 current LCU per US$ of GDP | +5.3% |
| 2005 | 28.23 current LCU per US$ of GDP | -9.5% |
| 2006 | 23.07 current LCU per US$ of GDP | -18.3% |
| 2007 | 20.93 current LCU per US$ of GDP | -9.3% |
| 2008 | 23.45 current LCU per US$ of GDP | +12.0% |
| 2009 | 24.06 current LCU per US$ of GDP | +2.6% |
| 2010 | 28.67 current LCU per US$ of GDP | +19.2% |
| 2011 | 33.13 current LCU per US$ of GDP | +15.5% |
| 2012 | 31.91 current LCU per US$ of GDP | -3.7% |
| 2013 | 33.67 current LCU per US$ of GDP | +5.5% |
| 2014 | 38.96 current LCU per US$ of GDP | +15.7% |
| 2015 | 44.98 current LCU per US$ of GDP | +15.4% |
| 2016 | 45.47 current LCU per US$ of GDP | +1.1% |
| 2017 | 45.02 current LCU per US$ of GDP | -1.0% |
| 2018 | 42.16 current LCU per US$ of GDP | -6.4% |
| 2019 | 41.63 current LCU per US$ of GDP | -1.3% |
| 2020 | 49.09 current LCU per US$ of GDP | +17.9% |
| 2021 | 51.49 current LCU per US$ of GDP | +4.9% |
| 2022 | 55.47 current LCU per US$ of GDP | +7.7% |
| 2023 | 66.5 current LCU per US$ of GDP | +19.9% |
Kenya compared with similar countries
- Kenya's 66.5 current LCU per US$ of GDP is above the median for lower middle income countries, which is 57.94 current LCU per US$ of GDP, 1.1× the median. (46 countries reporting)
- Kenya's 66.5 current LCU per US$ of GDP is below the median for Sub-Saharan Africa, which is 99.93 current LCU per US$ of GDP, 67% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.9716 current LCU per US$ of GDP | 0.8587 current LCU per US$ of GDP | 1.05 current LCU per US$ of GDP | 4 |
| 1970s | 1.81 current LCU per US$ of GDP | 1.17 current LCU per US$ of GDP | 2.37 current LCU per US$ of GDP | 10 |
| 1980s | 4.83 current LCU per US$ of GDP | 2.23 current LCU per US$ of GDP | 6.73 current LCU per US$ of GDP | 10 |
| 1990s | 17.96 current LCU per US$ of GDP | 8.21 current LCU per US$ of GDP | 26.48 current LCU per US$ of GDP | 10 |
| 2000s | 26.71 current LCU per US$ of GDP | 20.93 current LCU per US$ of GDP | 31.18 current LCU per US$ of GDP | 10 |
| 2010s | 38.56 current LCU per US$ of GDP | 28.67 current LCU per US$ of GDP | 45.47 current LCU per US$ of GDP | 10 |
| 2020s | 55.64 current LCU per US$ of GDP | 49.09 current LCU per US$ of GDP | 66.5 current LCU per US$ of GDP | 4 |
Countries ranked near Kenya
- 55 Djibouti 72.47 current LCU per US$ of GDP compare
- 56 Bhutan 68.25 current LCU per US$ of GDP compare
- 57 Mauritius 66.89 current LCU per US$ of GDP compare
- 59 Yemen 64.73 current LCU per US$ of GDP compare
- 60 Cape Verde 63.92 current LCU per US$ of GDP compare
- 61 Bangladesh 62.51 current LCU per US$ of GDP compare
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 net domestic credit (current lcu), per unit of gdp in Kenya?
- Net domestic credit (current lcu), per unit of gdp in Kenya was 66.5 current LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), per unit of gdp recorded in Kenya?
- The highest recorded value was 66.5 current LCU per US$ of GDP in 2023.
- What is the lowest net domestic credit (current lcu), per unit of gdp recorded in Kenya?
- The lowest recorded value was 0.8587 current LCU per US$ of GDP in 1966.
- How does Kenya rank for net domestic credit (current lcu), per unit of gdp?
- Kenya ranks 58th out of 186 countries with data for 2023.
- Is net domestic credit (current lcu), per unit of gdp rising or falling in Kenya?
- Over the last ten years it is up 97.5%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 58 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net domestic credit (current LCU) ÷ GDP (current US$)
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.