Share of government expenditure going to interest payments in Kenya

Kenya: Share of government expenditure going to interest payments was 16.38 in 2023. ▲ Rising

Latest (2023)
16.38
Change on year
down 4.2%
World rank
21st
of 152 countries
All-time high
20.47
in 2020
All-time low
10.73
in 2014
Years of data
10
2014–2023

Share of government expenditure going to interest payments in Kenya, 2014–2023

051015202014201820232014: 10.72015: 11.82016: 12.92017: 11.12018: 14.82019: 19.62020: 20.52021: 17.52022: 17.12023: 16.4

Source: Our World in Data.

Analysis

In 2023, share of government expenditure going to interest payments in Kenya stood at 16.38.

That represents a change of down 4.2% on the previous year and up 52.7% over ten years.

Over the whole period, share of government expenditure going to interest payments in Kenya peaked at 20.47 in 2020 and was at its lowest, 10.73, in 2014.

Kenya ranks 21st of 152 countries on this measure, in the top quarter.

Share of government expenditure going to interest payments in Kenya, year by year

Annual values for Share of government expenditure going to interest payments in Kenya, 2014 to 2023.
Year Value Change
2014 10.73
2015 11.78 +9.8%
2016 12.95 +9.9%
2017 11.14 -13.9%
2018 14.76 +32.4%
2019 19.59 +32.8%
2020 20.47 +4.4%
2021 17.47 -14.6%
2022 17.11 -2.1%
2023 16.38 -4.2%

Averages by decade

DecadeAverage LowestHighest Years
2010s 13.49 10.73 19.59 6
2020s 17.86 16.38 20.47 4

Countries ranked near Kenya

  1. 18 Lao People's Democratic Republic 16.99 compare
  2. 19 Costa Rica 16.71 compare
  3. 20 Jordan 16.51 compare
  4. 22 Togo 16.19 compare
  5. 23 Saint Lucia 16.07
  6. 24 Mexico 15.77 compare

See the full ranking of 152 places →

More reference data data for Kenya

All data for Kenya →

Frequently asked questions

What is share of government expenditure going to interest payments in Kenya?
Share of government expenditure going to interest payments in Kenya was 16.38 in 2023, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Kenya?
The highest recorded value was 20.47 in 2020.
What is the lowest share of government expenditure going to interest payments recorded in Kenya?
The lowest recorded value was 10.73 in 2014.
How does Kenya rank for share of government expenditure going to interest payments?
Kenya ranks 21st out of 152 countries with data for 2023.
Is share of government expenditure going to interest payments rising or falling in Kenya?
Over the last ten years it is up 52.7%. The long-run trend across the full record is rising.
Where does this Kenya data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

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Share of government expenditure going to interest payments in Kenya. Statizoid, drawing on Our World in Data. Retrieved 24 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/kenya/

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About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed