Net domestic credit in Kenya
Kenya: Net domestic credit was 7.15 trillion current LCU in 2023. ◆ Volatile
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 186 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.
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
- Domestic credit to private sector 31.8% (2023)
- Claims on central government, etc. 22.4% (2023)
- Broad money 37.6% (2024)
- Monetary Sector credit to private sector 31.8% (2023)
- Net foreign assets 796.06 billion current LCU (2023)
- Total reserves in months of imports 4.03 (2024)
- Net migration -27,330 (2025)
- Domestic credit to private sector by banks 29.7% (2024)
- Official exchange rate 129.3 LCU per US$, period average (2025)
- Claims on central government 4.3% (2023)
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 186 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.