Net lending (+) / net borrowing (-) in Kenya
Kenya: Net lending (+) / net borrowing (-) was -1.50 trillion current LCU in 2023. ▼ Falling
Net lending (+) / net borrowing (-) 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 lending (+) / net borrowing (-) in Kenya is -1.50 trillion current LCU, measured in 2023. That is the lowest value across all 10 years on record.
Compared with earlier readings it is down 44.6% on the previous year and down 400.4% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Kenya peaked at -299.68 billion current LCU in 2014 and was at its lowest, -1.50 trillion current LCU, in 2023.
That places Kenya 136th out of 156 countries with data for 2023, putting it in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -572.03 billion current LCU | -891.82 billion current LCU | -299.68 billion current LCU | 6 |
| 2020s | -1.04 trillion current LCU | -1.50 trillion current LCU | -593.77 billion current LCU | 4 |
Countries ranked near Kenya
- 133 Angola -1.35 trillion current LCU compare
- 134 Ukraine -1.36 trillion current LCU compare
- 135 Kazakhstan -1.37 trillion current LCU compare
- 137 Philippines -1.50 trillion current LCU compare
- 138 Madagascar -1.52 trillion current LCU compare
- 139 Mexico -1.99 trillion current LCU compare
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 lending (+) / net borrowing (-) in Kenya?
- Net lending (+) / net borrowing (-) in Kenya was -1.50 trillion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Kenya?
- The highest recorded value was -299.68 billion current LCU in 2014.
- What is the lowest net lending (+) / net borrowing (-) recorded in Kenya?
- The lowest recorded value was -1.50 trillion current LCU in 2023.
- How does Kenya rank for net lending (+) / net borrowing (-)?
- Kenya ranks 136th out of 156 countries with data for 2023.
- Is net lending (+) / net borrowing (-) rising or falling in Kenya?
- Over the last ten years it is down 400.4%. The long-run trend across the full record is falling.
- 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 lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.