Net domestic credit (current LCU) in Kenya
Kenya: Net domestic credit (current LCU) was 7.15 trillion current LCU in 2023. ◆ Volatile
Latest (2023)
7.15 trillion current LCU
Change on year
up 12.6%
World rank
50th
of 187 countries
All-time high
7.15 trillion current LCU
in 2023
All-time low
1.00 billion current LCU
in 1966
Years of data
58
1966–2023
Net domestic credit in Kenya, 1966–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, net domestic credit in Kenya stood at 7.15 trillion current LCU. That is the highest value across all 58 years on record.
The figure is up 12.6% on the previous year and up 244.3% over ten years.
Over the whole period, net domestic credit in Kenya peaked at 7.15 trillion current LCU in 2023 and was at its lowest, 1.00 billion current LCU, in 1966.
Kenya ranks 50th of 187 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) in Kenya, year by year
| Year | current LCU | Change |
|---|---|---|
| 1966 | 1.00 billion current LCU | — |
| 1967 | 1.29 billion current LCU | +29.3% |
| 1968 | 1.34 billion current LCU | +3.7% |
| 1969 | 1.44 billion current LCU | +7.4% |
| 1970 | 1.88 billion current LCU | +30.4% |
| 1971 | 2.53 billion current LCU | +34.5% |
| 1972 | 3.02 billion current LCU | +19.4% |
| 1973 | 3.86 billion current LCU | +27.9% |
| 1974 | 4.97 billion current LCU | +28.6% |
| 1975 | 6.41 billion current LCU | +29.1% |
| 1976 | 7.48 billion current LCU | +16.6% |
| 1977 | 9.25 billion current LCU | +23.8% |
| 1978 | 12.57 billion current LCU | +35.8% |
| 1979 | 14.35 billion current LCU | +14.2% |
| 1980 | 16.23 billion current LCU | +13.1% |
| 1981 | 20.26 billion current LCU | +24.9% |
| 1982 | 26.06 billion current LCU | +28.6% |
| 1983 | 25.94 billion current LCU | -0.4% |
| 1984 | 28.63 billion current LCU | +10.3% |
| 1985 | 32.17 billion current LCU | +12.4% |
| 1986 | 41.03 billion current LCU | +27.5% |
| 1987 | 49.14 billion current LCU | +19.8% |
| 1988 | 52.53 billion current LCU | +6.9% |
| 1989 | 55.76 billion current LCU | +6.2% |
| 1990 | 70.36 billion current LCU | +26.2% |
| 1991 | 83.82 billion current LCU | +19.1% |
| 1992 | 98.55 billion current LCU | +17.6% |
| 1993 | 96.93 billion current LCU | -1.6% |
| 1994 | 145.14 billion current LCU | +49.7% |
| 1995 | 198.88 billion current LCU | +37.0% |
| 1996 | 236.04 billion current LCU | +18.7% |
| 1997 | 285.82 billion current LCU | +21.1% |
| 1998 | 311.66 billion current LCU | +9.0% |
| 1999 | 341.50 billion current LCU | +9.6% |
| 2000 | 345.96 billion current LCU | +1.3% |
| 2001 | 371.50 billion current LCU | +7.4% |
| 2002 | 403.57 billion current LCU | +8.6% |
| 2003 | 441.10 billion current LCU | +9.3% |
| 2004 | 501.83 billion current LCU | +13.8% |
| 2005 | 528.93 billion current LCU | +5.4% |
| 2006 | 595.90 billion current LCU | +12.7% |
| 2007 | 668.92 billion current LCU | +12.3% |
| 2008 | 841.82 billion current LCU | +25.8% |
| 2009 | 1.02 trillion current LCU | +21.0% |
| 2010 | 1.30 trillion current LCU | +27.8% |
| 2011 | 1.55 trillion current LCU | +19.3% |
| 2012 | 1.80 trillion current LCU | +15.9% |
| 2013 | 2.08 trillion current LCU | +15.4% |
| 2014 | 2.66 trillion current LCU | +28.2% |
| 2015 | 3.15 trillion current LCU | +18.5% |
| 2016 | 3.40 trillion current LCU | +7.8% |
| 2017 | 3.69 trillion current LCU | +8.6% |
| 2018 | 3.89 trillion current LCU | +5.2% |
| 2019 | 4.18 trillion current LCU | +7.5% |
| 2020 | 4.94 trillion current LCU | +18.3% |
| 2021 | 5.65 trillion current LCU | +14.3% |
| 2022 | 6.35 trillion current LCU | +12.4% |
| 2023 | 7.15 trillion current LCU | +12.6% |
Kenya compared with similar countries
- Kenya's 7.15 trillion current LCU is above the median for lower middle income countries, which is 680.59 billion current LCU, 10.5× the median. (46 countries reporting)
- Kenya's 7.15 trillion current LCU is above the median for Sub-Saharan Africa, which is 1.92 trillion current LCU, 3.7× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.27 billion current LCU | 1.00 billion current LCU | 1.44 billion current LCU | 4 |
| 1970s | 6.63 billion current LCU | 1.88 billion current LCU | 14.35 billion current LCU | 10 |
| 1980s | 34.77 billion current LCU | 16.23 billion current LCU | 55.76 billion current LCU | 10 |
| 1990s | 186.87 billion current LCU | 70.36 billion current LCU | 341.50 billion current LCU | 10 |
| 2000s | 571.83 billion current LCU | 345.96 billion current LCU | 1.02 trillion current LCU | 10 |
| 2010s | 2.77 trillion current LCU | 1.30 trillion current LCU | 4.18 trillion current LCU | 10 |
| 2020s | 6.02 trillion current LCU | 4.94 trillion current LCU | 7.15 trillion current LCU | 4 |
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 net domestic credit in Kenya?
- Net domestic credit in Kenya was 7.15 trillion current LCU in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Kenya?
- The highest recorded value was 7.15 trillion current LCU in 2023.
- What is the lowest net domestic credit recorded in Kenya?
- The lowest recorded value was 1.00 billion current LCU in 1966.
- How does Kenya rank for net domestic credit?
- Kenya ranks 50th out of 187 countries with data for 2023.
- Is net domestic credit rising or falling in Kenya?
- Over the last ten years it is up 244.3%. The long-run trend across the full record is volatile.
- Where does this Kenya data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 58 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.