Net incurrence of liabilities, total in Kenya
Kenya: Net incurrence of liabilities, total was 5.9% in 2023. ▬ Flat
Net incurrence of liabilities, total 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 incurrence of liabilities, total in Kenya is 5.9%, measured in 2023.
Compared with earlier readings it is down 17.7% on the previous year and up 6.4% over ten years.
Over the whole period, net incurrence of liabilities, total in Kenya peaked at 11.9% in 2021 and was at its lowest, 5.5%, in 2014.
That places Kenya 30th out of 136 countries with data for 2023, putting it in the top quarter.
Net incurrence of liabilities, total in Kenya, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2014 | 5.5% | — |
| 2015 | 8.7% | +57.6% |
| 2016 | 9.2% | +5.5% |
| 2017 | 10.6% | +15.6% |
| 2018 | 10.6% | -0.2% |
| 2019 | 9.9% | -6.3% |
| 2020 | 11.3% | +13.9% |
| 2021 | 11.9% | +5.3% |
| 2022 | 7.1% | -40.0% |
| 2023 | 5.9% | -17.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9.1% | 5.5% | 10.6% | 6 |
| 2020s | 9.1% | 5.9% | 11.9% | 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 incurrence of liabilities, total in Kenya?
- Net incurrence of liabilities, total in Kenya was 5.9% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Kenya?
- The highest recorded value was 11.9% in 2021.
- What is the lowest net incurrence of liabilities, total recorded in Kenya?
- The lowest recorded value was 5.5% in 2014.
- How does Kenya rank for net incurrence of liabilities, total?
- Kenya ranks 30th out of 136 countries with data for 2023.
- Is net incurrence of liabilities, total rising or falling in Kenya?
- Over the last ten years it is up 6.4%. The long-run trend across the full record is flat.
- 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 incurrence of liabilities, total (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.