Kenya Domestic Credit Growth

1996 - 2024 | Monthly | % | CEIC Data

Key information about Kenya Domestic Credit Growth

  • Kenya Domestic Credit increased 5.3 % YoY in Jun 2024, compared with an increase of 7.6 % YoY in the previous month
  • Kenya Domestic Credit Growth YoY data is updated monthly
  • It averaged 13.4 %, available from Dec 1996 to Jun 2024
  • The data reached an all-time high of 35.3 % in May 2020 and a record low of -10.5 % in May 2019

CEIC calculates Domestic Credit Growth from monthly Domestic Credit. The Central Bank of Kenya provides Domestic Credit in local currency

View Kenya's Domestic Credit Growth from Dec 1996 to Jun 2024 in the chart:

Kenya Domestic Credit Growth

What was Kenya's Domestic Credit Growth in Jun 2024?

Kenya Domestic Credit increased 5.3 % YoY in Jun 2024, compared with an increase of 7.6 % YoY in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
5.3 Jun 2024 7.6 May 2024 -10.5 May 2019 35.3 May 2020 % monthly Dec 1996 - Jun 2024

Domestic Credit Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 10.3 Aug 2024 monthly Dec 2003 - Aug 2024
Algeria (%) 12.6 Jul 2024 monthly Dec 2002 - Jul 2024
Argentina (%) 181.9 Jul 2024 monthly Jan 1991 - Jul 2024
Armenia (%) 19.8 Jul 2024 monthly Dec 1994 - Jul 2024
Australia (%) 0.0 Jun 2024 monthly Dec 2002 - Jun 2024
Austria (%) -1.8 Jul 2024 monthly Jan 2000 - Jul 2024
Azerbaijan (%) 3.4 Jun 2024 monthly Dec 2002 - Jun 2024
Bahrain (%) 8.1 Aug 2024 monthly Sep 1992 - Aug 2024
Bangladesh (%) 10.2 Aug 2024 monthly Jul 1988 - Aug 2024
Belarus (%) 13.0 Sep 2024 monthly Dec 2007 - Sep 2024
Belgium (%) -0.3 Jul 2024 monthly Jan 2000 - Jul 2024
Bolivia (%) 6.3 Oct 2023 monthly Dec 2002 - Oct 2023
Bosnia and Herzegovina (%) 10.4 Aug 2024 monthly Aug 1998 - Aug 2024
Botswana (%) 29.7 Jun 2024 quarterly Dec 2005 - Jun 2024
Brazil (%) 14.4 Aug 2024 monthly Dec 2002 - Aug 2024
Brunei (%) 37.1 Feb 2024 monthly Jan 2000 - Feb 2024
Bulgaria (%) 24.5 Aug 2024 monthly Dec 1994 - Aug 2024
Cambodia (%) 3.4 Jul 2024 monthly Dec 1995 - Jul 2024
Canada (%) 2.5 Jul 2024 monthly Jan 1970 - Jul 2024
Chile (%) 4.6 Jul 2024 monthly Dec 1979 - Jul 2024
China (%) 8.5 Sep 2024 monthly Jun 2000 - Sep 2024
Colombia (%) 6.3 Jun 2024 monthly Jan 1994 - Jun 2024
Croatia (%) 5.9 Dec 2022 monthly Jun 1995 - Dec 2022
Cyprus (%) -2.9 Aug 2024 monthly Nov 2006 - Aug 2024
Czech Republic (%) 7.3 Aug 2024 monthly Jan 2003 - Aug 2024
Denmark (%) -4.7 Jul 2024 monthly Dec 2002 - Jul 2024
Ecuador (%) 5.5 Aug 2024 monthly Jan 2007 - Aug 2024
Egypt (%) 26.1 Aug 2024 monthly Jan 1997 - Aug 2024
Estonia (%) 3.6 Jul 2024 monthly Jun 1993 - Jul 2024
European Union (%) -1.4 Jul 2024 monthly Sep 1998 - Jul 2024
Finland (%) -4.8 Jul 2024 monthly Jan 2000 - Jul 2024
France (%) 1.9 Jul 2024 monthly Jan 2000 - Jul 2024
Georgia (%) 21.6 Aug 2024 monthly Oct 1996 - Aug 2024
Germany (%) -7.5 Jul 2024 monthly Jan 2000 - Jul 2024
Ghana (%) -5.2 Apr 2024 monthly Jan 1968 - Apr 2024
Greece (%) 2.4 Jul 2024 monthly Jan 2002 - Jul 2024
Hong Kong SAR, China (%) -2.3 May 2024 monthly Dec 1991 - May 2024
Hungary (%) 3.2 Aug 2024 monthly Jan 1999 - Aug 2024
Iceland (%) 7.2 Jul 2024 monthly Sep 1994 - Jul 2024
India (%) 10.9 Jul 2024 monthly Mar 2000 - Jul 2024
Indonesia (%) 9.9 Aug 2024 monthly Jan 2005 - Aug 2024
Iran (%) 25.8 Feb 2017 monthly Jan 1965 - Feb 2017
Ireland (%) -2.7 Jul 2024 monthly Jan 2000 - Jul 2024
Israel (%) 9.4 Jul 2024 monthly Dec 2000 - Jul 2024
Italy (%) 1.8 Jul 2024 monthly Jan 2000 - Jul 2024
Ivory Coast (%) 2.7 Jul 2024 monthly Jan 1965 - Jul 2024
Japan (%) 0.3 Aug 2024 monthly Apr 2004 - Aug 2024
Jordan (%) 3.0 Dec 2023 monthly Jan 2003 - Dec 2023
Kazakhstan (%) 18.7 Sep 2024 monthly Dec 2002 - Sep 2024
Kenya (%) 5.3 Jun 2024 monthly Dec 1996 - Jun 2024
South Korea (%) 5.7 Aug 2024 monthly Dec 2002 - Aug 2024
Kosovo (%) 14.8 Aug 2024 monthly Nov 2008 - Aug 2024
Kuwait (%) 3.1 Aug 2024 monthly Jan 1995 - Aug 2024
Kyrgyzstan (%) 22.4 Aug 2024 monthly Dec 2003 - Aug 2024
Laos (%) 29.9 Jun 2024 quarterly Dec 1992 - Jun 2024
Latvia (%) 3.1 Jul 2024 monthly Jul 2004 - Jul 2024
Lebanon (%) 2.2 Jan 2018 monthly Mar 1966 - Jan 2018
Lithuania (%) 3.6 Jul 2024 monthly Dec 1994 - Jul 2024
Luxembourg (%) 1.2 Jul 2024 monthly Jan 2000 - Jul 2024
Macau SAR, China (%) -3.1 Jul 2024 monthly Jun 1985 - Jul 2024
North Macedonia (%) 7.3 Aug 2024 monthly Jan 2004 - Aug 2024
Malawi (%) 47.7 Jul 2024 monthly Jan 1976 - Jul 2024
Malaysia (%) 6.0 Aug 2024 monthly Jan 1988 - Aug 2024
Malta (%) 8.0 Aug 2024 monthly Jan 2009 - Aug 2024
Mauritius (%) 11.6 Aug 2024 monthly Jun 2006 - Aug 2024
Mexico (%) 12.5 Jul 2024 monthly Dec 2002 - Jul 2024
Moldova (%) 11.5 Aug 2024 monthly Jan 2001 - Aug 2024
Mongolia (%) 23.9 Aug 2024 monthly Dec 1993 - Aug 2024
Montenegro (%) -0.8 Aug 2024 monthly Jan 2006 - Aug 2024
Morocco (%) 5.4 Aug 2024 monthly Dec 2002 - Aug 2024
Mozambique (%) 12.0 Aug 2024 monthly Dec 2002 - Aug 2024
Myanmar (%) 16.4 Jan 2021 monthly Dec 2002 - Jan 2021
Nepal (%) 6.6 Sep 2024 monthly Jan 2002 - Sep 2024
Netherlands (%) -4.5 Jul 2024 monthly Dec 2002 - Jul 2024
New Zealand (%) 1.0 Aug 2024 monthly Mar 1989 - Aug 2024
Nigeria (%) 33.3 Aug 2024 monthly Nov 1993 - Aug 2024
Norway (%) 3.5 Aug 2024 monthly Dec 1986 - Aug 2024
Oman (%) 4.5 Jul 2024 monthly Dec 2000 - Jul 2024
Pakistan (%) 22.4 Aug 2024 monthly Jun 2009 - Aug 2024
Palestinian Territory (%) 5.3 Aug 2024 monthly Dec 1999 - Aug 2024
Panama (%) 5.0 Aug 2024 monthly Dec 2002 - Aug 2024
Paraguay (%) 14.0 Apr 2024 monthly Dec 2002 - Apr 2024
Peru (%) 17.5 Jul 2024 monthly Jan 1993 - Jul 2024
Philippines (%) 11.3 Jul 2024 monthly Dec 2002 - Jul 2024
Poland (%) 4.7 Aug 2024 monthly Dec 1997 - Aug 2024
Portugal (%) 0.3 Aug 2019 monthly Dec 2001 - Aug 2019
Qatar (%) 4.4 Aug 2024 monthly Jan 2008 - Aug 2024
Romania (%) 11.9 Aug 2024 monthly Dec 2005 - Aug 2024
Russia (%) 21.3 Aug 2024 monthly Dec 2001 - Aug 2024
Saudi Arabia (%) 21.6 Dec 2017 quarterly Mar 1969 - Dec 2017
Serbia (%) 4.5 Aug 2024 monthly Dec 2004 - Aug 2024
Singapore (%) 2.1 Aug 2024 monthly Mar 2005 - Aug 2024
Slovakia (%) 2.3 Jul 2024 monthly Jan 2007 - Jul 2024
Slovenia (%) 3.3 Jul 2024 monthly Jan 2005 - Jul 2024
South Africa (%) 7.8 Aug 2024 monthly Mar 1966 - Aug 2024
Spain (%) -2.1 Jul 2024 monthly Jan 2000 - Jul 2024
Sri Lanka (%) -35.5 Aug 2024 monthly Jan 1997 - Aug 2024
Sudan (%) 82.5 Dec 2022 quarterly Mar 2003 - Dec 2022
Sweden (%) -5.8 Jul 2024 monthly Dec 2002 - Jul 2024
Switzerland (%) 1.8 Aug 2024 monthly Dec 1988 - Aug 2024

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Kenya Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.1 Mar 2023 quarterly Dec 2009 - Mar 2023
Tax Revenue (USD mn) 12,866.615 Apr 2024 monthly Sep 1999 - Apr 2024
Tax Revenue: % of GDP (%) 7.1 2022 yearly 2006 - 2022
National Government Debt (USD mn) 78,896.6 Mar 2024 monthly Sep 1999 - Mar 2024
Government Debt: % of GDP (%) 68.3 Mar 2023 quarterly Dec 2009 - Mar 2023
Forecast: Government Expenditure (KES bn) 5,655.330 2028 yearly 1982 - 2028
Forecast: Government Net Debt (KES bn) 17,456.491 2029 yearly 1998 - 2029
Forecast: Government Revenue (KES bn) 4,688.790 2028 yearly 1982 - 2028
Central Government Expenditure: ytd: Development (KES mn) 404,477.966 Apr 2024 monthly Sep 1999 - Apr 2024
Central Government Revenue and Grants: ytd: Revenue: Tax: Excise Duty (KES mn) 224,905.269 Apr 2024 monthly Sep 1999 - Apr 2024
Central Government Revenue and Grants: ytd: Revenue: Tax: VAT (KES mn) 535,280.467 Apr 2024 monthly Sep 1999 - Apr 2024
Central Government Revenue and Grants: ytd: Revenue: Tax (KES mn) 1,692,856.420 Apr 2024 monthly Sep 1999 - Apr 2024
Central Government Revenue and Grants: ytd: Revenue (KES mn) 2,116,998.350 Apr 2024 monthly Sep 1999 - Apr 2024
Central Government Expenditure: ytd (KES mn) 2,709,750.496 Apr 2024 monthly Sep 1999 - Apr 2024
Central Government Expenditure: ytd: Recurrent (KES mn) 2,032,665.163 Apr 2024 monthly Sep 1999 - Apr 2024
Central Government Surplus or Deficit (KES bn) -478.312 2020 yearly 1998 - 2020
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.212 2028 yearly 1980 - 2028
Trade Balance (USD mn) -887.7 May 2024 monthly Oct 1992 - May 2024
Total Exports (USD mn) 717.5 May 2024 monthly Aug 1998 - May 2024
Total Exports Growth (%) 3.9 May 2024 monthly Aug 1999 - May 2024
Aluminum: Exports (USD th) 7,334.649 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 125,626.451 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 16,738.751 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,605.2 May 2024 monthly Aug 1998 - May 2024
Total Imports Growth (%) -8.2 May 2024 monthly Aug 1999 - May 2024
Imports: Medicament (USD th) 485,345.284 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 157,854.152 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 49.691 May 2024 monthly Jan 1998 - May 2024
Total Imports from USA (USD mn) 86.590 May 2024 monthly Jan 1998 - May 2024
Total Exports to China (USD mn) 32.932 Jun 2024 monthly Apr 1998 - Jun 2024
Total Imports from China (USD mn) 356.737 May 2024 monthly Jan 2001 - May 2024
Imports (KES mn) 211,388.670 May 2024 monthly Aug 1998 - May 2024
Exports (KES mn) 94,482.420 May 2024 monthly Aug 1998 - May 2024
Exports: Re-Exports (KES mn) 19,029.650 May 2024 monthly Aug 1998 - May 2024
Exports: Domestic: Horticulture (KES mn) 12,876.500 May 2024 monthly Aug 1998 - May 2024
Exports: Domestic: Tea (KES mn) 15,610.130 May 2024 monthly Aug 1998 - May 2024
Exports: Domestic: Cement (KES mn) 410.320 May 2024 monthly Aug 1998 - May 2024
Exports: Domestic: Chemicals (KES mn) 6,851.990 May 2024 monthly Aug 1998 - May 2024
Exports: Domestic: Coffee (KES mn) 3,747.460 May 2024 monthly Aug 1998 - May 2024
Exports: Netherlands (KES mn) 5,327.110 May 2024 monthly Jan 1998 - May 2024
Exports: United Kingdom (KES mn) 4,408.330 May 2024 monthly Jan 1998 - May 2024
Exports: Uganda (KES mn) 11,592.650 May 2024 monthly Jan 1998 - May 2024
Exports: Tanzania (KES mn) 5,405.380 May 2024 monthly Jan 1998 - May 2024
Imports Volume Index (2009=100) 126.600 2021 yearly 2007 - 2021
Export Value Index (2015=100) 114.099 2021 yearly 1980 - 2021
Import Value Index (2015=100) 121.536 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 500.5 2023 yearly 2009 - 2023
Current Account Balance (USD mn) -163.0 Mar 2024 monthly Jan 2002 - Dec 2023
Current Account Balance: % of GDP (%) -2.3 Mar 2023 quarterly Mar 2009 - Mar 2023
Foreign Direct Investment (USD mn) 728.7 2023 yearly 1970 - 2023
Foreign Direct Investment: % of GDP (%) 0.3 2022 yearly 1996 - 2022
Foreign Portfolio Investment (USD mn) -153.016 2023 yearly 2009 - 2023
Foreign Portfolio Investment: % of GDP (%) -0.2 2022 yearly 2009 - 2022
Foreign Portfolio Investment: Equity Securities (USD mn) -152.2 2023 yearly 2009 - 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -0.807 2023 yearly 2009 - 2023
External Debt (USD mn) 39,176.1 Mar 2024 monthly Sep 1999 - Mar 2024
External Debt: % of GDP (%) 35.0 2022 yearly 2006 - 2022
External Debt: Short Term (USD mn) 2,567.3 2022 yearly 1970 - 2022
External Debt: Short Term: % of GDP (%) 2.3 2022 yearly 1996 - 2022
Forecast: Current Account Balance (USD bn) -7.497 2028 yearly 1980 - 2028
KE: IIP: Net International Investment Position (USD mn) -62,489.498 2021 yearly 2008 - 2021
KE: IIP: Liabilities (USD mn) 88,638.588 2021 yearly 2008 - 2021
KE: IIP: Assets (USD mn) 25,441.893 2023 yearly 2008 - 2023
Balance of Payment: Current Account (USD mn) -374.000 Dec 2023 monthly Dec 2014 - Dec 2023
BoP: Reserves and Related Items: Reserve Assets (KES mn) -24,917.900 2017 yearly 2009 - 2017
BoP: Net Errors and Omissions (KES mn) 6,858.800 2017 yearly 2009 - 2017
BoP: Current Account: Goods: Imports (USD mn) 4,401.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Current Account: Goods (USD mn) -2,273.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Current Account: Services: Credit (USD mn) 999.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Capital Account n.i.e (USD mn) 13.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Current Account: Goods: Exports (USD mn) 2,004.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Current Account n.i.e (USD mn) -1,721.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Capital Account: Credit n.i.e (USD mn) 57.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Current Account: Services (USD mn) 182.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Financial Account: Direct Investment: Liabilities n.i.e (USD mn) 189.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Current Account: Primary Income: Credit (USD mn) 25.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Financial Account: Financial Derivatives: Net (USD mn) 16.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Current Account: Primary Income: Debit (USD mn) 535.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Financial Account: Other Investment: Liabilities n.i.e (USD mn) 1,394.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Current Account: Services: Debit (USD mn) 1,321.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Capital Account: Debit (USD mn) 0.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Financial Account: Portfolio Investment: Liabilities n.i.e (USD mn) 69.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Financial Account: Portfolio Investment: Assets (USD mn) 115.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Current Account: Secondary Income: Debit (USD mn) 10.000 Dec 2023 quarterly Mar 2015 - Dec 2023
Balance of Payments (BoP) (USD mn) 153.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Financial Account n.i.e (USD mn) -834.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Financial Account: Direct Investment: Assets (USD mn) 67.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Financial Account: Other Investment: Assets (USD mn) 622.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Current Account: Secondary Income: Credit n.i.e (USD mn) 1,799.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Financial Account: Direct Investment: Liabilities (KES mn) 101,915.400 2023 yearly 2009 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 11.1 Dec 2021 quarterly Mar 2016 - Dec 2021
Non-Performing Loans (USD mn) 2,674.259 Dec 2019 monthly Apr 2001 - Dec 2019
Money Supply M1 (USD mn) 15,456.137 Jul 2024 monthly Dec 1995 - Jul 2024
Money Supply M2 (USD mn) 31,050.819 Jul 2024 monthly Dec 1995 - Jul 2024
M2 Growth (%) 3.8 Jul 2024 monthly Dec 1996 - Jul 2024
Reserve Requirement Ratio (%) 4.3 Mar 2023 monthly Dec 1999 - Mar 2023
Foreign Exchange Reserves (USD mn) 7,813.0 Mar 2024 monthly Dec 2000 - Mar 2024
Foreign Exchange Reserves: % of GDP (%) 6.126 Mar 2023 quarterly Dec 2009 - Mar 2023
Foreign Exchange Reserves: Months of Import (NA) 4.1 Mar 2024 monthly Sep 2005 - Mar 2024
Gold Reserves (USD mn) 1.411 Aug 2024 monthly Sep 1973 - Aug 2024
Total Deposits (USD mn) 34,595.742 Dec 2023 monthly Jan 1999 - Dec 2023
Total Deposits Growth (%) 22.5 Dec 2023 monthly Jan 2000 - Dec 2023
Domestic Credit (USD mn) 47,328.3 Jun 2024 monthly Dec 1995 - Jun 2024
Domestic Credit Growth (%) 5.3 Jun 2024 monthly Dec 1996 - Jun 2024
Total Loans (USD mn) 44,674.778 Dec 2023 monthly Jan 1999 - Dec 2023
Total Loans Growth (%) 12.65 Dec 2023 monthly Jan 2000 - Dec 2023
Private Debt: % of Nominal GDP (%) 29.98 Mar 2023 quarterly Dec 2009 - Mar 2023
Money Supply: M3 (KES mn) 5,424,900.000 Jul 2024 monthly Dec 1995 - Jul 2024
Money Supply: M3: M2: M1 (KES mn) 2,008,100.000 Jul 2024 monthly Dec 1995 - Jul 2024
Money Supply: M3: M2 (KES mn) 4,034,200.000 Jul 2024 monthly Dec 1995 - Jul 2024

More Indicators for Kenya

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