Goods and services expense in Kenya
Kenya: Goods and services expense was 893.67 billion current LCU in 2023. ▲ Rising
Goods and services expense 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 goods and services expense in Kenya is 893.67 billion current LCU, measured in 2023. That is the highest value across all 10 years on record.
The figure is up 29.3% on the previous year and up 221.3% over ten years.
Over the whole period, goods and services expense in Kenya peaked at 893.67 billion current LCU in 2023 and was at its lowest, 259.63 billion current LCU, in 2019.
That places Kenya 32nd out of 155 countries with data for 2023, putting it in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 353.58 billion current LCU | 259.63 billion current LCU | 532.96 billion current LCU | 6 |
| 2020s | 638.59 billion current LCU | 419.96 billion current LCU | 893.67 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 goods and services expense in Kenya?
- Goods and services expense in Kenya was 893.67 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Kenya?
- The highest recorded value was 893.67 billion current LCU in 2023.
- What is the lowest goods and services expense recorded in Kenya?
- The lowest recorded value was 259.63 billion current LCU in 2019.
- How does Kenya rank for goods and services expense?
- Kenya ranks 32nd out of 155 countries with data for 2023.
- Is goods and services expense rising or falling in Kenya?
- Over the last ten years it is up 221.3%. 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 Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.