Debt on Concessional terms to GDP in Kenya
Kenya: Debt on Concessional terms to GDP was 20.9% in 2011. ◆ Volatile
Debt on Concessional terms to GDP in Kenya, 1970–2011
Source: World Bank, Global Development Finance. Measured in % of GDP.
Analysis
Kenya recorded 20.9% for debt on concessional terms to gdp in 2011.
The figure is up 4.1% on the previous year and down 33.8% over ten years.
Over the whole period, debt on concessional terms to gdp in Kenya peaked at 53.6% in 1993 and was at its lowest, 0.0%, in 1970.
That places Kenya 15th out of 50 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt on Concessional terms to GDP in Kenya, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 10.1% | — |
| 1972 | 9.5% | -5.9% |
| 1973 | 10.6% | +11.4% |
| 1974 | 10.8% | +1.5% |
| 1975 | 10.1% | -6.2% |
| 1976 | 10.8% | +6.7% |
| 1977 | 9.3% | -14.0% |
| 1978 | 8.2% | -11.8% |
| 1979 | 8.8% | +7.6% |
| 1980 | 9.4% | +7.2% |
| 1981 | 11.1% | +17.8% |
| 1982 | 14.3% | +29.3% |
| 1983 | 16.0% | +11.8% |
| 1984 | 17.3% | +8.2% |
| 1985 | 20.6% | +19.0% |
| 1986 | 21.4% | +3.5% |
| 1987 | 23.5% | +10.1% |
| 1988 | 24.4% | +3.6% |
| 1989 | 23.9% | -1.7% |
| 1990 | 27.7% | +15.9% |
| 1991 | 33.2% | +19.8% |
| 1992 | 33.9% | +2.0% |
| 1993 | 53.6% | +58.2% |
| 1994 | 47.4% | -11.6% |
| 1995 | 42.6% | -10.2% |
| 1996 | 32.6% | -23.4% |
| 1997 | 28.6% | -12.4% |
| 1998 | 29.1% | +1.7% |
| 1999 | 32.1% | +10.4% |
| 2000 | 32.2% | +0.3% |
| 2001 | 31.5% | -2.2% |
| 2002 | 35.3% | +12.0% |
| 2003 | 34.0% | -3.5% |
| 2004 | 33.3% | -2.1% |
| 2005 | 26.3% | -21.1% |
| 2006 | 23.0% | -12.6% |
| 2007 | 20.7% | -9.8% |
| 2008 | 19.2% | -7.3% |
| 2009 | 20.0% | +4.4% |
| 2010 | 20.0% | -0.0% |
| 2011 | 20.9% | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.8% | 0.0% | 10.8% | 10 |
| 1980s | 18.2% | 9.4% | 24.4% | 10 |
| 1990s | 36.1% | 27.7% | 53.6% | 10 |
| 2000s | 27.6% | 19.2% | 35.3% | 10 |
| 2010s | 20.4% | 20.0% | 20.9% | 2 |
Countries ranked near Kenya
- 12 Côte d'Ivoire 25.4% compare
- 13 Tanzania, United Republic of 24.2% compare
- 14 Mali 22.5% compare
- 16 Guinea-Bissau 20.8% compare
- 17 Senegal 20.6% compare
- 18 Burkina Faso 19.5% compare
More external debt data for Kenya
- IFC, private nonguaranteed -18.53 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita -0.3284 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0.0002 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 23.21 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 4.5% (2024)
- Net financial flows, IDA 820.39 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 14.54 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0068 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 869.28 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 25.4% (2024)
Frequently asked questions
- What is debt on concessional terms to gdp in Kenya?
- Debt on concessional terms to gdp in Kenya was 20.9% in 2011, according to World Bank, Global Development Finance.
- What is the highest debt on concessional terms to gdp recorded in Kenya?
- The highest recorded value was 53.6% in 1993.
- What is the lowest debt on concessional terms to gdp recorded in Kenya?
- The lowest recorded value was 0.0% in 1970.
- How does Kenya rank for debt on concessional terms to gdp?
- Kenya ranks 15th out of 50 countries with data for 2011.
- Is debt on concessional terms to gdp rising or falling in Kenya?
- Over the last ten years it is down 33.8%. The long-run trend across the full record is volatile.
- Where does this Kenya data come from?
- The figures come from World Bank, Global Development Finance, published as part of Debt on Concessional terms to GDP (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Concessional Long-term Debt Outstanding and Disbursed (LDOD) conveys information about the borrower's receipt of aid from official lenders at concessional terms as defined by the Development Assistance Committee (DAC) of the OECD. Concessional debt is defined as loans with an original grant element of 25 percent or more. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. Loans from major regional development banks--African Development Bank, Asian Development Bank, and the Inter-American Development Bank--and from the World Bank are classified as concessional according to each institution's classification and not according to the DAC definition, as was the practice in earlier reports. LDOD is the total outstanding long-term debt at year end. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents and repayable in currency, goods, or services.