Net acquisition of financial assets in Kenya
Kenya: Net acquisition of financial assets was 274.95 billion current LCU in 2023. ▲ Rising
Net acquisition of financial assets in Kenya, 2014–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Kenya recorded 274.95 billion current LCU for net acquisition of financial assets in 2023.
That represents a change of up 19.3% on the previous year and up 1,949.4% over ten years.
Over the whole period, net acquisition of financial assets in Kenya peaked at 416.88 billion current LCU in 2020 and was at its lowest, 13.42 billion current LCU, in 2014.
Kenya ranks 22nd of 134 countries on this measure, in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 181.27 billion current LCU | 13.42 billion current LCU | 292.65 billion current LCU | 6 |
| 2020s | 325.84 billion current LCU | 230.40 billion current LCU | 416.88 billion current LCU | 4 |
Countries ranked near Kenya
More public sector data for Kenya
- Arms imports 17.00 million SIPRI trend indicator values (2024)
- Tax revenue 14.1% (2023)
- Taxes on income, profits and capital gains 33.3% (2023)
- Taxes on goods and services 33.5% (2023)
- Net investment in nonfinancial assets 6.9% (2023)
- Net lending (+) / net borrowing (-) -10.0% (2023)
- Interest payments 24.3% (2023)
- Grants and other revenue 21.3% (2023)
- Interest payments 16.4% (2023)
- Other taxes 0.0% (2021)
Frequently asked questions
- What is net acquisition of financial assets in Kenya?
- Net acquisition of financial assets in Kenya was 274.95 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Kenya?
- The highest recorded value was 416.88 billion current LCU in 2020.
- What is the lowest net acquisition of financial assets recorded in Kenya?
- The lowest recorded value was 13.42 billion current LCU in 2014.
- How does Kenya rank for net acquisition of financial assets?
- Kenya ranks 22nd out of 134 countries with data for 2023.
- Is net acquisition of financial assets rising or falling in Kenya?
- Over the last ten years it is up 1,949.4%. The long-run trend across the full record is rising.
- Where does this Kenya data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net acquisition of financial assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. 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.