Services, Credit/Revenue in Kenya
Kenya: Services, Credit/Revenue was 8.04 billion in 2024. ▲ Rising
Services, Credit/Revenue in Kenya, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services, credit/revenue in Kenya stood at 8.04 billion. That is the highest value across all 20 years on record.
The figure is up 13.0% on the previous year and up 60.1% over ten years.
Over the whole period, services, credit/revenue in Kenya peaked at 8.04 billion in 2024 and was at its lowest, 1.88 billion, in 2005.
Kenya ranks 76th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Credit/Revenue in Kenya, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.88 billion | — |
| 2006 | 2.44 billion | +29.4% |
| 2007 | 2.94 billion | +20.6% |
| 2008 | 3.26 billion | +11.0% |
| 2009 | 2.89 billion | -11.3% |
| 2010 | 3.77 billion | +30.4% |
| 2011 | 4.13 billion | +9.6% |
| 2012 | 4.99 billion | +20.8% |
| 2013 | 5.13 billion | +2.8% |
| 2014 | 5.02 billion | -2.1% |
| 2015 | 4.64 billion | -7.7% |
| 2016 | 4.17 billion | -10.2% |
| 2017 | 4.65 billion | +11.6% |
| 2018 | 5.48 billion | +17.9% |
| 2019 | 5.60 billion | +2.2% |
| 2020 | 3.87 billion | -30.9% |
| 2021 | 5.37 billion | +38.9% |
| 2022 | 7.62 billion | +41.8% |
| 2023 | 7.12 billion | -6.6% |
| 2024 | 8.04 billion | +13.0% |
Kenya compared with similar countries
- Kenya's 8.04 billion is above the median for lower middle income countries, which is 1.29 billion, 6.2× the median. (46 countries reporting)
- Kenya's 8.04 billion is above the median for Sub-Saharan Africa, which is 514.12 million, 15.6× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.68 billion | 1.88 billion | 3.26 billion | 5 |
| 2010s | 4.76 billion | 3.77 billion | 5.60 billion | 10 |
| 2020s | 6.40 billion | 3.87 billion | 8.04 billion | 5 |
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 services, credit/revenue in Kenya?
- Services, credit/revenue in Kenya was 8.04 billion in 2024, according to International Monetary Fund.
- What is the highest services, credit/revenue recorded in Kenya?
- The highest recorded value was 8.04 billion in 2024.
- What is the lowest services, credit/revenue recorded in Kenya?
- The lowest recorded value was 1.88 billion in 2005.
- How does Kenya rank for services, credit/revenue?
- Kenya ranks 76th out of 198 countries with data for 2024.
- Is services, credit/revenue rising or falling in Kenya?
- Over the last ten years it is up 60.1%. The long-run trend across the full record is rising.
- Where does this Kenya data come from?
- The figures come from International Monetary Fund, published as part of Services, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.