Annual broad money growth in Kenya
Kenya: Annual broad money growth was 19.9% in 2023. ▬ Flat
Latest (2023)
19.9%
Change on year
up 164.0%
World rank
16th
of 147 countries
All-time high
26.5%
in 2014
All-time low
3.9%
in 2016
Years of data
24
2000–2023
Annual broad money growth in Kenya, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual broad money growth in Kenya is 19.9%, measured in 2023.
Compared with earlier readings it is up 164.0% on the previous year and up 30.1% over ten years.
Over the whole period, annual broad money growth in Kenya peaked at 26.5% in 2014 and was at its lowest, 3.9%, in 2016.
That places Kenya 16th out of 147 countries with data for 2023, putting it in the top quarter.
Annual broad money growth in Kenya, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.9% | — |
| 2001 | 5.6% | +14.9% |
| 2002 | 9.9% | +75.3% |
| 2003 | 11.8% | +19.2% |
| 2004 | 13.5% | +14.3% |
| 2005 | 9.9% | -26.5% |
| 2006 | 17.0% | +71.3% |
| 2007 | 20.4% | +20.3% |
| 2008 | 15.5% | -23.9% |
| 2009 | 16.5% | +5.8% |
| 2010 | 22.4% | +35.9% |
| 2011 | 19.2% | -14.4% |
| 2012 | 14.4% | -24.9% |
| 2013 | 15.3% | +6.2% |
| 2014 | 26.5% | +73.6% |
| 2015 | 16.1% | -39.4% |
| 2016 | 3.9% | -75.8% |
| 2017 | 9.0% | +131.6% |
| 2018 | 10.1% | +12.4% |
| 2019 | 6.0% | -40.6% |
| 2020 | 13.3% | +120.6% |
| 2021 | 6.2% | -53.1% |
| 2022 | 7.5% | +21.0% |
| 2023 | 19.9% | +164.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.5% | 4.9% | 20.4% | 10 |
| 2010s | 14.3% | 3.9% | 26.5% | 10 |
| 2020s | 11.7% | 6.2% | 19.9% | 4 |
Countries ranked near Kenya
More economy & growth data for Kenya
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.28 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.26 Percent per annum (2029)
- GDP (current US$), annual growth rate 12.91 % change on previous year (2025)
- GDP (current US$), per capita 2,363 current US$ per person (2025)
- GDP (current LCU), annual growth rate 8.29 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 129.3 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 305,525 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.63 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8074 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 1,908 constant 2015 US$ per person (2025)
Frequently asked questions
- What is annual broad money growth in Kenya?
- Annual broad money growth in Kenya was 19.9% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual broad money growth recorded in Kenya?
- The highest recorded value was 26.5% in 2014.
- What is the lowest annual broad money growth recorded in Kenya?
- The lowest recorded value was 3.9% in 2016.
- How does Kenya rank for annual broad money growth?
- Kenya ranks 16th out of 147 countries with data for 2023.
- Is annual broad money growth rising or falling in Kenya?
- Over the last ten years it is up 30.1%. The long-run trend across the full record is flat.
- Where does this Kenya data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual broad money growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under UN SDG Global Database (open, attribution requested).