Use of IMF credit in Kenya
Kenya: Use of IMF credit was 4.96 billion DOD, current US$ in 2024. ◆ Volatile
Use of IMF credit in Kenya, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
Kenya recorded 4.96 billion DOD, current US$ for use of imf credit in 2024. That is the highest value across all 55 years on record.
The figure is up 30.5% on the previous year and up 273.4% over ten years.
Over the whole period, use of imf credit in Kenya peaked at 4.96 billion DOD, current US$ in 2024 and was at its lowest, 0 DOD, current US$, in 1970.
That places Kenya 19th out of 123 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Use of IMF credit in Kenya, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 0 DOD, current US$ | — |
| 1971 | 0 DOD, current US$ | — |
| 1972 | 0 DOD, current US$ | — |
| 1973 | 0 DOD, current US$ | — |
| 1974 | 39.24 million DOD, current US$ | — |
| 1975 | 80.25 million DOD, current US$ | +104.5% |
| 1976 | 98.79 million DOD, current US$ | +23.1% |
| 1977 | 64.12 million DOD, current US$ | -35.1% |
| 1978 | 94.04 million DOD, current US$ | +46.7% |
| 1979 | 188.03 million DOD, current US$ | +99.9% |
| 1980 | 253.90 million DOD, current US$ | +35.0% |
| 1981 | 258.60 million DOD, current US$ | +1.9% |
| 1982 | 393.46 million DOD, current US$ | +52.2% |
| 1983 | 464.24 million DOD, current US$ | +18.0% |
| 1984 | 419.81 million DOD, current US$ | -9.6% |
| 1985 | 521.81 million DOD, current US$ | +24.3% |
| 1986 | 459.80 million DOD, current US$ | -11.9% |
| 1987 | 401.32 million DOD, current US$ | -12.7% |
| 1988 | 455.44 million DOD, current US$ | +13.5% |
| 1989 | 415.43 million DOD, current US$ | -8.8% |
| 1990 | 482.12 million DOD, current US$ | +16.1% |
| 1991 | 493.27 million DOD, current US$ | +2.3% |
| 1992 | 393.37 million DOD, current US$ | -20.3% |
| 1993 | 363.09 million DOD, current US$ | -7.7% |
| 1994 | 404.75 million DOD, current US$ | +11.5% |
| 1995 | 373.79 million DOD, current US$ | -7.6% |
| 1996 | 337.22 million DOD, current US$ | -9.8% |
| 1997 | 250.42 million DOD, current US$ | -25.7% |
| 1998 | 196.46 million DOD, current US$ | -21.5% |
| 1999 | 182.25 million DOD, current US$ | -7.2% |
| 2000 | 174.88 million DOD, current US$ | -4.0% |
| 2001 | 145.33 million DOD, current US$ | -16.9% |
| 2002 | 138.14 million DOD, current US$ | -4.9% |
| 2003 | 167.28 million DOD, current US$ | +21.1% |
| 2004 | 160.07 million DOD, current US$ | -4.3% |
| 2005 | 211.65 million DOD, current US$ | +32.2% |
| 2006 | 208.92 million DOD, current US$ | -1.3% |
| 2007 | 327.35 million DOD, current US$ | +56.7% |
| 2008 | 308.72 million DOD, current US$ | -5.7% |
| 2009 | 857.63 million DOD, current US$ | +177.8% |
| 2010 | 816.75 million DOD, current US$ | -4.8% |
| 2011 | 1.10 billion DOD, current US$ | +34.6% |
| 2012 | 1.29 billion DOD, current US$ | +17.6% |
| 2013 | 1.47 billion DOD, current US$ | +13.8% |
| 2014 | 1.33 billion DOD, current US$ | -9.7% |
| 2015 | 1.20 billion DOD, current US$ | -9.3% |
| 2016 | 1.10 billion DOD, current US$ | -8.4% |
| 2017 | 1.05 billion DOD, current US$ | -5.1% |
| 2018 | 878.61 million DOD, current US$ | -16.1% |
| 2019 | 719.71 million DOD, current US$ | -18.1% |
| 2020 | 1.39 billion DOD, current US$ | +93.2% |
| 2021 | 2.91 billion DOD, current US$ | +109.5% |
| 2022 | 3.39 billion DOD, current US$ | +16.3% |
| 2023 | 3.80 billion DOD, current US$ | +12.1% |
| 2024 | 4.96 billion DOD, current US$ | +30.5% |
Kenya compared with similar countries
- Kenya's 4.96 billion DOD, current US$ is above the median for lower middle income countries, which is 1.04 billion DOD, current US$, 4.7× the median. (43 countries reporting)
- Kenya's 4.96 billion DOD, current US$ is above the median for Sub-Saharan Africa, which is 842.15 million DOD, current US$, 5.9× the median. (44 countries reporting)
Biggest year-on-year movements
Years where Use of IMF credit in Kenya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +177.8% | 308.72 million DOD, current US$ | 857.63 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 56.45 million DOD, current US$ | 0 DOD, current US$ | 188.03 million DOD, current US$ | 10 |
| 1980s | 404.38 million DOD, current US$ | 253.90 million DOD, current US$ | 521.81 million DOD, current US$ | 10 |
| 1990s | 347.67 million DOD, current US$ | 182.25 million DOD, current US$ | 493.27 million DOD, current US$ | 10 |
| 2000s | 270.00 million DOD, current US$ | 138.14 million DOD, current US$ | 857.63 million DOD, current US$ | 10 |
| 2010s | 1.10 billion DOD, current US$ | 719.71 million DOD, current US$ | 1.47 billion DOD, current US$ | 10 |
| 2020s | 3.29 billion DOD, current US$ | 1.39 billion DOD, current US$ | 4.96 billion DOD, current US$ | 5 |
Countries ranked near Kenya
- 16 Colombia 5.96 billion DOD, current US$ compare
- 17 Thailand 5.28 billion DOD, current US$ compare
- 18 Angola 5.06 billion DOD, current US$ compare
- 20 Cote d'Ivoire 4.79 billion DOD, current US$ compare
- 21 Bangladesh 4.67 billion DOD, current US$ compare
- 22 Ghana 4.66 billion DOD, current US$ 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 use of imf credit in Kenya?
- Use of imf credit in Kenya was 4.96 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest use of imf credit recorded in Kenya?
- The highest recorded value was 4.96 billion DOD, current US$ in 2024.
- What is the lowest use of imf credit recorded in Kenya?
- The lowest recorded value was 0 DOD, current US$ in 1970.
- How does Kenya rank for use of imf credit?
- Kenya ranks 19th out of 123 countries with data for 2024.
- Is use of imf credit rising or falling in Kenya?
- Over the last ten years it is up 273.4%. 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 Use of IMF credit (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.