Short-term debt in Kenya
Kenya: Short-term debt was 4.7% in 2024. ▼ Falling
Short-term debt in Kenya, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
The most recent figure for short-term debt in Kenya is 4.7%, measured in 2024. That is the lowest value across all 55 years on record.
That represents a change of down 28.6% on the previous year and down 60.4% over ten years.
Over the whole period, short-term debt in Kenya peaked at 18.9% in 1980 and was at its lowest, 4.7%, in 2024.
Kenya ranks 83rd of 121 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.4% | 14.4% | 18.5% | 10 |
| 1980s | 11.5% | 8.1% | 18.9% | 10 |
| 1990s | 10.9% | 7.7% | 13.2% | 10 |
| 2000s | 10.5% | 7.5% | 12.8% | 10 |
| 2010s | 11.7% | 7.5% | 17.6% | 10 |
| 2020s | 5.9% | 4.7% | 6.6% | 5 |
Countries ranked near Kenya
More external debt data for Kenya
- IFC, private nonguaranteed -18.53 million NFL, US$ (2024)
- Public and publicly guaranteed debt service 4.5% (2024)
- Net financial flows, IDA 820.39 million NFL, current US$ (2024)
- Net financial flows, IBRD 869.28 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 25.4% (2024)
- Multilateral debt service 25.9% (2024)
- Multilateral debt service 1.37 billion TDS, current US$ (2024)
- Debt service on external debt, public and publicly guaranteed (PPG) 5.29 billion TDS, current US$ (2024)
- IMF repurchases and charges 132.41 million TDS, current US$ (2024)
- PPG, official creditors 1.21 billion NFL, US$ (2024)
Frequently asked questions
- What is short-term debt in Kenya?
- Short-term debt in Kenya was 4.7% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Kenya?
- The highest recorded value was 18.9% in 1980.
- What is the lowest short-term debt recorded in Kenya?
- The lowest recorded value was 4.7% in 2024.
- How does Kenya rank for short-term debt?
- Kenya ranks 83rd out of 121 countries with data for 2024.
- Is short-term debt rising or falling in Kenya?
- Over the last ten years it is down 60.4%. The long-run trend across the full record is falling.
- Where does this Kenya data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of total external debt). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.