Net lending (+) / net borrowing (-) (current LCU) in Kenya
Kenya: Net lending (+) / net borrowing (-) (current LCU) was -1.50 trillion current LCU in 2023. ▼ Falling
Net lending (+) / net borrowing (-) 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 net lending (+) / net borrowing (-) in Kenya is -1.50 trillion current LCU, measured in 2023. That is the lowest value across all 10 years on record.
Compared with earlier readings it is down 44.6% on the previous year and down 400.4% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Kenya peaked at -299.68 billion current LCU in 2014 and was at its lowest, -1.50 trillion current LCU, in 2023.
That places Kenya 136th out of 156 countries with data for 2023, putting it in the bottom quarter.
Net lending (+) / net borrowing (-) (current LCU) in Kenya, year by year
| Year | current LCU | Change |
|---|---|---|
| 2014 | -299.68 billion current LCU | — |
| 2015 | -547.23 billion current LCU | +82.6% |
| 2016 | -515.51 billion current LCU | -5.8% |
| 2017 | -891.82 billion current LCU | +73.0% |
| 2018 | -762.68 billion current LCU | -14.5% |
| 2019 | -415.26 billion current LCU | -45.6% |
| 2020 | -593.77 billion current LCU | +43.0% |
| 2021 | -1.04 trillion current LCU | +75.0% |
| 2022 | -1.04 trillion current LCU | -0.2% |
| 2023 | -1.50 trillion current LCU | +44.6% |
Kenya compared with similar countries
- Kenya's -1.50 trillion current LCU is below the median for lower middle income countries, which is -13.47 billion current LCU, 111.4× the median. (36 countries reporting)
- Kenya's -1.50 trillion current LCU is below the median for Sub-Saharan Africa, which is -84.53 billion current LCU, 17.7× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -572.03 billion current LCU | -891.82 billion current LCU | -299.68 billion current LCU | 6 |
| 2020s | -1.04 trillion current LCU | -1.50 trillion current LCU | -593.77 billion current LCU | 4 |
Countries ranked near Kenya
- 133 Ukraine -1.36 trillion current LCU compare
- 134 Kazakhstan -1.37 trillion current LCU compare
- 135 Turkey -1.41 trillion current LCU compare
- 137 Philippines -1.50 trillion current LCU compare
- 138 Madagascar -1.52 trillion current LCU compare
- 139 Mexico -1.99 trillion current LCU compare
More public sector data for Kenya
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 117.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Kenya?
- Net lending (+) / net borrowing (-) in Kenya was -1.50 trillion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Kenya?
- The highest recorded value was -299.68 billion current LCU in 2014.
- What is the lowest net lending (+) / net borrowing (-) recorded in Kenya?
- The lowest recorded value was -1.50 trillion current LCU in 2023.
- How does Kenya rank for net lending (+) / net borrowing (-)?
- Kenya ranks 136th out of 156 countries with data for 2023.
- Is net lending (+) / net borrowing (-) rising or falling in Kenya?
- Over the last ten years it is down 400.4%. The long-run trend across the full record is falling.
- 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 lending (+) / net borrowing (-) (current LCU). 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 lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.