Net acquisition of financial assets in Kenya
Kenya: Net acquisition of financial assets was 1.8% in 2023. ▲ Rising
Net acquisition of financial assets in Kenya, 2014–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net acquisition of financial assets in Kenya is 1.8%, measured in 2023.
The figure is up 7.1% on the previous year and up 718.4% over ten years.
Over the whole period, net acquisition of financial assets in Kenya peaked at 3.9% in 2020 and was at its lowest, 0.2%, in 2014.
Kenya ranks 38th of 134 countries on this measure, in the middle of the range.
Net acquisition of financial assets in Kenya, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2014 | 0.2% | — |
| 2015 | 1.3% | +472.2% |
| 2016 | 3.1% | +143.5% |
| 2017 | 2.4% | -24.4% |
| 2018 | 2.8% | +17.0% |
| 2019 | 2.9% | +3.7% |
| 2020 | 3.9% | +36.1% |
| 2021 | 3.2% | -18.6% |
| 2022 | 1.7% | -46.1% |
| 2023 | 1.8% | +7.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.1% | 0.2% | 3.1% | 6 |
| 2020s | 2.6% | 1.7% | 3.9% | 4 |
Countries ranked near Kenya
More public sector data for Kenya
- Arms imports 17.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.3012 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -75 % change on previous year (2022)
- Arms imports (SIPRI trend indicator values), gaps filled 17.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 21.82 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0102 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 16.84 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.23 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1.72 SIPRI trend indicator values per square kilometre (2022)
Frequently asked questions
- What is net acquisition of financial assets in Kenya?
- Net acquisition of financial assets in Kenya was 1.8% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Kenya?
- The highest recorded value was 3.9% in 2020.
- What is the lowest net acquisition of financial assets recorded in Kenya?
- The lowest recorded value was 0.2% in 2014.
- How does Kenya rank for net acquisition of financial assets?
- Kenya ranks 38th out of 134 countries with data for 2023.
- Is net acquisition of financial assets rising or falling in Kenya?
- Over the last ten years it is up 718.4%. 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 Net acquisition of financial assets (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.