Financial soundness indicators in Kenya

Kenya: Financial soundness indicators was 2.9% in 2023. ▼ Falling

Latest (2023)
2.9%
Change on year
down 20.9%
World rank
36th
of 146 countries
All-time high
4.8%
in 2012
All-time low
2.1%
in 2020
Years of data
18
2006–2023

Financial soundness indicators in Kenya, 2006–2023

0123452006201420232006: 3.7 %2007: 4.3 %2008: 3.7 %2009: 3.5 %2010: 4.8 %2011: 4.7 %2012: 4.8 %2013: 4.8 %2014: 4.7 %2015: 4 %2016: 3.8 %2017: 3.2 %2018: 3.4 %2019: 3.3 %2020: 2.1 %2021: 3.3 %2022: 3.7 %2023: 2.9 %

Source: International Monetary Fund – processed by Our World in Data. Measured in %.

Analysis

In 2023, financial soundness indicators in Kenya stood at 2.9%.

The figure is down 20.9% on the previous year and down 39.5% 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 36th out of 146 countries with data for 2023, putting it in the top quarter.

The long-run direction has been consistently falling across the 18 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.8% 3.5% 4.3% 4
2010s 4.1% 3.2% 4.8% 10
2020s 3.0% 2.1% 3.7% 4

Countries ranked near Kenya

  1. 34 Uruguay 3.0% compare
  2. 35 Dominican Republic 3.0% compare
  3. 37 Ethiopia 2.9% compare
  4. 38 Namibia 2.9% compare
  5. 39 Estonia 2.8% compare

See the full ranking of 146 places →

More reference data data for Kenya

All data for Kenya →

Frequently asked questions

What is financial soundness indicators in Kenya?
Financial soundness indicators in Kenya was 2.9% in 2023, 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 36th out of 146 countries with data for 2023.
Is financial soundness indicators rising or falling in Kenya?
Over the last ten years it is down 39.5%. 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 — 18 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Financial soundness indicators
Unit
%
Source
International Monetary Fund – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
146 places, 2,107 data points, 2001–2024
Last refreshed

Return on assets (%)