Public and publicly guaranteed debt service in Kenya
Kenya: Public and publicly guaranteed debt service was 4.5% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in Kenya, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
Kenya recorded 4.5% for public and publicly guaranteed debt service in 2024.
Compared with earlier readings it is up 39.4% on the previous year and up 121.3% over ten years.
Over the whole period, public and publicly guaranteed debt service in Kenya peaked at 10.5% in 1994 and was at its lowest, 0.8%, in 2013.
That places Kenya 24th out of 123 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Public and publicly guaranteed debt service in Kenya, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 1.9% | — |
| 1971 | 1.7% | -10.0% |
| 1972 | 1.3% | -25.3% |
| 1973 | 1.4% | +7.5% |
| 1974 | 1.3% | -5.3% |
| 1975 | 1.4% | +4.3% |
| 1976 | 1.6% | +20.7% |
| 1977 | 1.5% | -10.6% |
| 1978 | 2.6% | +75.7% |
| 1979 | 2.3% | -11.4% |
| 1980 | 3.3% | +44.1% |
| 1981 | 4.1% | +24.5% |
| 1982 | 5.0% | +21.6% |
| 1983 | 5.0% | +1.0% |
| 1984 | 5.1% | +1.4% |
| 1985 | 5.8% | +14.0% |
| 1986 | 5.1% | -12.0% |
| 1987 | 5.4% | +6.1% |
| 1988 | 5.6% | +3.7% |
| 1989 | 5.3% | -5.5% |
| 1990 | 6.2% | +16.1% |
| 1991 | 6.7% | +8.5% |
| 1992 | 5.3% | -21.7% |
| 1993 | 7.6% | +44.5% |
| 1994 | 10.5% | +38.2% |
| 1995 | 8.0% | -23.4% |
| 1996 | 5.4% | -32.2% |
| 1997 | 3.7% | -32.3% |
| 1998 | 3.5% | -4.9% |
| 1999 | 4.0% | +14.3% |
| 2000 | 3.5% | -12.1% |
| 2001 | 2.8% | -21.5% |
| 2002 | 3.3% | +17.9% |
| 2003 | 3.5% | +6.3% |
| 2004 | 1.9% | -45.0% |
| 2005 | 2.7% | +40.9% |
| 2006 | 1.5% | -43.3% |
| 2007 | 1.3% | -14.3% |
| 2008 | 1.1% | -18.7% |
| 2009 | 0.9% | -12.1% |
| 2010 | 0.9% | -5.7% |
| 2011 | 0.9% | +4.8% |
| 2012 | 0.9% | +2.8% |
| 2013 | 0.8% | -12.7% |
| 2014 | 2.0% | +145.4% |
| 2015 | 1.1% | -47.0% |
| 2016 | 1.0% | -2.9% |
| 2017 | 1.5% | +39.6% |
| 2018 | 2.5% | +74.5% |
| 2019 | 4.0% | +58.3% |
| 2020 | 2.5% | -39.0% |
| 2021 | 1.9% | -21.8% |
| 2022 | 2.6% | +36.5% |
| 2023 | 3.2% | +22.7% |
| 2024 | 4.5% | +39.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.7% | 1.3% | 2.6% | 10 |
| 1980s | 5.0% | 3.3% | 5.8% | 10 |
| 1990s | 6.1% | 3.5% | 10.5% | 10 |
| 2000s | 2.2% | 0.9% | 3.5% | 10 |
| 2010s | 1.6% | 0.8% | 4.0% | 10 |
| 2020s | 2.9% | 1.9% | 4.5% | 5 |
Countries ranked near Kenya
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)
- 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)
- Net financial flows, IDA (NFL, current US$), per square kilometre 1,386 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is public and publicly guaranteed debt service in Kenya?
- Public and publicly guaranteed debt service in Kenya was 4.5% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Kenya?
- The highest recorded value was 10.5% in 1994.
- What is the lowest public and publicly guaranteed debt service recorded in Kenya?
- The lowest recorded value was 0.8% in 2013.
- How does Kenya rank for public and publicly guaranteed debt service?
- Kenya ranks 24th out of 123 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Kenya?
- Over the last ten years it is up 121.3%. The long-run trend across the full record is volatile.
- Where does this Kenya data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Public and publicly guaranteed debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to gross national income. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.