Net incurrence of liabilities, total in Kenya
Kenya: Net incurrence of liabilities, total was 883.55 billion current LCU in 2023. ▲ Rising
Net incurrence of liabilities, total in Kenya, 2014–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net incurrence of liabilities, total in Kenya is 883.55 billion current LCU, measured in 2023.
That represents a change of down 8.3% on the previous year and up 166.5% over ten years.
Over the whole period, net incurrence of liabilities, total in Kenya peaked at 1.43 trillion current LCU in 2021 and was at its lowest, 331.59 billion current LCU, in 2014.
That places Kenya 33rd out of 136 countries with data for 2023, putting it in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 756.02 billion current LCU | 331.59 billion current LCU | 1.02 trillion current LCU | 6 |
| 2020s | 1.12 trillion current LCU | 883.55 billion current LCU | 1.43 trillion 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 incurrence of liabilities, total in Kenya?
- Net incurrence of liabilities, total in Kenya was 883.55 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Kenya?
- The highest recorded value was 1.43 trillion current LCU in 2021.
- What is the lowest net incurrence of liabilities, total recorded in Kenya?
- The lowest recorded value was 331.59 billion current LCU in 2014.
- How does Kenya rank for net incurrence of liabilities, total?
- Kenya ranks 33rd out of 136 countries with data for 2023.
- Is net incurrence of liabilities, total rising or falling in Kenya?
- Over the last ten years it is up 166.5%. 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 incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.