Interest payments in Kenya
Kenya: Interest payments was 685.88 billion current LCU in 2023. ▲ Rising
Interest payments in Kenya, 2014–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, interest payments in Kenya stood at 685.88 billion current LCU. That is the highest value across all 10 years on record.
The figure is up 18.6% on the previous year and up 418.5% over ten years.
Over the whole period, interest payments in Kenya peaked at 685.88 billion current LCU in 2023 and was at its lowest, 132.29 billion current LCU, in 2014.
Kenya ranks 30th of 155 countries on this measure, in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 243.15 billion current LCU | 132.29 billion current LCU | 377.10 billion current LCU | 6 |
| 2020s | 549.61 billion current LCU | 438.46 billion current LCU | 685.88 billion current LCU | 4 |
Countries ranked near Kenya
- 27 Russia 894.61 billion current LCU compare
- 28 Philippines 763.31 billion current LCU compare
- 29 Bangladesh 706.17 billion current LCU compare
- 31 China 590.85 billion current LCU compare
- 32 Senegal 579.04 billion current LCU compare
- 33 Madagascar 555.08 billion 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 interest payments in Kenya?
- Interest payments in Kenya was 685.88 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Kenya?
- The highest recorded value was 685.88 billion current LCU in 2023.
- What is the lowest interest payments recorded in Kenya?
- The lowest recorded value was 132.29 billion current LCU in 2014.
- How does Kenya rank for interest payments?
- Kenya ranks 30th out of 155 countries with data for 2023.
- Is interest payments rising or falling in Kenya?
- Over the last ten years it is up 418.5%. 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 Interest payments (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. 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.