Savings rate, Foreign Currency, Rate, Percent per annum in Kenya
Kenya: Savings rate, Foreign Currency, Rate, Percent per annum was 1.96 in 2024. ▬ Flat
Savings rate, Foreign Currency, Rate, Percent per annum in Kenya, 2004–2024
Source: International Monetary Fund.
Analysis
The most recent figure for savings rate, foreign currency, rate, percent per annum in Kenya is 1.96, measured in 2024. That is the highest value across all 21 years on record.
The figure is up 44.6% on the previous year and up 140.3% over ten years.
Over the whole period, savings rate, foreign currency, rate, percent per annum in Kenya peaked at 1.96 in 2024 and was at its lowest, 0.2382, in 2021.
That places Kenya 5th out of 21 countries with data for 2024, putting it in the top quarter.
Savings rate, Foreign Currency, Rate, Percent per annum in Kenya, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 0.9108 | — |
| 2005 | 1.23 | +34.7% |
| 2006 | 1.14 | -6.8% |
| 2007 | 1.33 | +16.8% |
| 2008 | 1.19 | -10.6% |
| 2009 | 1.22 | +2.1% |
| 2010 | 0.7732 | -36.5% |
| 2011 | 0.8204 | +6.1% |
| 2012 | 0.9027 | +10.0% |
| 2013 | 0.6101 | -32.4% |
| 2014 | 0.8173 | +34.0% |
| 2015 | 0.5226 | -36.1% |
| 2016 | 0.8952 | +71.3% |
| 2017 | 1.59 | +77.9% |
| 2018 | 1.79 | +12.4% |
| 2019 | 1.32 | -26.2% |
| 2020 | 0.315 | -76.2% |
| 2021 | 0.2382 | -24.4% |
| 2022 | 0.353 | +48.2% |
| 2023 | 1.36 | +284.7% |
| 2024 | 1.96 | +44.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.17 | 0.9108 | 1.33 | 6 |
| 2010s | 1 | 0.5226 | 1.79 | 10 |
| 2020s | 0.8456 | 0.2382 | 1.96 | 5 |
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 savings rate, foreign currency, rate, percent per annum in Kenya?
- Savings rate, foreign currency, rate, percent per annum in Kenya was 1.96 in 2024, according to International Monetary Fund.
- What is the highest savings rate, foreign currency, rate, percent per annum recorded in Kenya?
- The highest recorded value was 1.96 in 2024.
- What is the lowest savings rate, foreign currency, rate, percent per annum recorded in Kenya?
- The lowest recorded value was 0.2382 in 2021.
- How does Kenya rank for savings rate, foreign currency, rate, percent per annum?
- Kenya ranks 5th out of 21 countries with data for 2024.
- Is savings rate, foreign currency, rate, percent per annum rising or falling in Kenya?
- Over the last ten years it is up 140.3%. The long-run trend across the full record is flat.
- Where does this Kenya data come from?
- The figures come from International Monetary Fund, published as part of Savings rate, Foreign Currency, Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.