Financial soundness indicators in Kenya
Kenya: Financial soundness indicators was 4.2% in 2024. ▼ Falling
Financial soundness indicators in Kenya, 2006–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
In 2024, financial soundness indicators in Kenya stood at 4.2%.
The figure is up 44.9% on the previous year and down 9.0% over ten years.
Over the whole period, financial soundness indicators in Kenya peaked at 4.8% in 2012 and was at its lowest, 2.1%, in 2020.
That places Kenya 16th out of 150 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Financial soundness indicators in Kenya, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 3.7% | — |
| 2007 | 4.3% | +16.4% |
| 2008 | 3.7% | -14.5% |
| 2009 | 3.5% | -4.6% |
| 2010 | 4.8% | +34.8% |
| 2011 | 4.7% | -1.7% |
| 2012 | 4.8% | +3.2% |
| 2013 | 4.8% | +0.0% |
| 2014 | 4.7% | -3.7% |
| 2015 | 4.0% | -13.5% |
| 2016 | 3.8% | -6.5% |
| 2017 | 3.2% | -15.2% |
| 2018 | 3.4% | +6.6% |
| 2019 | 3.3% | -2.4% |
| 2020 | 2.1% | -36.4% |
| 2021 | 3.3% | +55.9% |
| 2022 | 3.7% | +12.2% |
| 2023 | 2.9% | -20.9% |
| 2024 | 4.2% | +44.9% |
Kenya compared with similar countries
- Kenya's 4.2% is above the median for lower middle income countries, which is 2.6%, 1.7× the median. (32 countries reporting)
- Kenya's 4.2% is above the median for Sub-Saharan Africa, which is 3.3%, 1.3× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.8% | 3.5% | 4.3% | 4 |
| 2010s | 4.1% | 3.2% | 4.8% | 10 |
| 2020s | 3.2% | 2.1% | 4.2% | 5 |
Countries ranked near Kenya
More reference data data for Kenya
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.5379 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 12.22 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 14.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.377 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 14.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.8 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.1 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 58.05 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 68.95 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.05 (2050)
Frequently asked questions
- What is financial soundness indicators in Kenya?
- Financial soundness indicators in Kenya was 4.2% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest financial soundness indicators recorded in Kenya?
- The highest recorded value was 4.8% in 2012.
- What is the lowest financial soundness indicators recorded in Kenya?
- The lowest recorded value was 2.1% in 2020.
- How does Kenya rank for financial soundness indicators?
- Kenya ranks 16th out of 150 countries with data for 2024.
- Is financial soundness indicators rising or falling in Kenya?
- Over the last ten years it is down 9.0%. The long-run trend across the full record is falling.
- Where does this Kenya data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Financial soundness indicators. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Return on assets (%).