Subsidies and other transfers in Kenya
Kenya: Subsidies and other transfers was 729.71 billion current LCU in 2023. ▲ Rising
Subsidies and other transfers 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 subsidies and other transfers in Kenya is 729.71 billion current LCU, measured in 2023.
That represents a change of down 11.6% on the previous year and up 98.1% over ten years.
Over the whole period, subsidies and other transfers in Kenya peaked at 825.70 billion current LCU in 2022 and was at its lowest, 368.33 billion current LCU, in 2014.
Kenya ranks 47th of 153 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 539.25 billion current LCU | 368.33 billion current LCU | 788.46 billion current LCU | 6 |
| 2020s | 664.54 billion current LCU | 530.47 billion current LCU | 825.70 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 subsidies and other transfers in Kenya?
- Subsidies and other transfers in Kenya was 729.71 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Kenya?
- The highest recorded value was 825.70 billion current LCU in 2022.
- What is the lowest subsidies and other transfers recorded in Kenya?
- The lowest recorded value was 368.33 billion current LCU in 2014.
- How does Kenya rank for subsidies and other transfers?
- Kenya ranks 47th out of 153 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Kenya?
- Over the last ten years it is up 98.1%. 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.