Financial and insurance activities (banking), value added in Kenya
Kenya: Financial and insurance activities (banking), value added was 103.75 billion constant LCU in 2011. ◆ Volatile
Latest (2011)
103.75 billion constant LCU
Change on year
up 6.0%
World rank
5th
of 31 countries
All-time high
103.75 billion constant LCU
in 2011
All-time low
5.59 billion constant LCU
in 1965
Years of data
47
1965–2011
Financial and insurance activities (banking), value added in Kenya, 1965–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in constant LCU.
Analysis
Kenya recorded 103.75 billion constant LCU for financial and insurance activities (banking), value added in 2011. That is the highest value across all 47 years on record.
The figure is up 6.0% on the previous year and up 43.6% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Kenya peaked at 103.75 billion constant LCU in 2011 and was at its lowest, 5.59 billion constant LCU, in 1965.
That places Kenya 5th out of 31 countries with data for 2011, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial and insurance activities (banking), value added in Kenya, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1965 | 5.59 billion constant LCU | — |
| 1966 | 6.10 billion constant LCU | +9.1% |
| 1967 | 6.43 billion constant LCU | +5.4% |
| 1968 | 6.41 billion constant LCU | -0.2% |
| 1969 | 7.31 billion constant LCU | +14.0% |
| 1970 | 7.54 billion constant LCU | +3.2% |
| 1971 | 9.28 billion constant LCU | +23.0% |
| 1972 | 12.08 billion constant LCU | +30.2% |
| 1973 | 12.23 billion constant LCU | +1.2% |
| 1974 | 14.51 billion constant LCU | +18.6% |
| 1975 | 15.40 billion constant LCU | +6.1% |
| 1976 | 16.67 billion constant LCU | +8.3% |
| 1977 | 17.64 billion constant LCU | +5.8% |
| 1978 | 19.36 billion constant LCU | +9.8% |
| 1979 | 22.78 billion constant LCU | +17.7% |
| 1980 | 22.66 billion constant LCU | -0.5% |
| 1981 | 29.64 billion constant LCU | +30.8% |
| 1982 | 28.09 billion constant LCU | -5.2% |
| 1983 | 30.27 billion constant LCU | +7.8% |
| 1984 | 29.80 billion constant LCU | -1.5% |
| 1985 | 32.75 billion constant LCU | +9.9% |
| 1986 | 34.96 billion constant LCU | +6.7% |
| 1987 | 36.77 billion constant LCU | +5.2% |
| 1988 | 39.02 billion constant LCU | +6.1% |
| 1989 | 41.94 billion constant LCU | +7.5% |
| 1990 | 44.62 billion constant LCU | +6.4% |
| 1991 | 47.35 billion constant LCU | +6.1% |
| 1992 | 50.62 billion constant LCU | +6.9% |
| 1993 | 54.27 billion constant LCU | +7.2% |
| 1994 | 57.58 billion constant LCU | +6.1% |
| 1995 | 61.55 billion constant LCU | +6.9% |
| 1996 | 65.92 billion constant LCU | +7.1% |
| 1997 | 71.24 billion constant LCU | +8.1% |
| 1998 | 75.72 billion constant LCU | +6.3% |
| 1999 | 76.88 billion constant LCU | +1.5% |
| 2000 | 75.47 billion constant LCU | -1.8% |
| 2001 | 72.26 billion constant LCU | -4.3% |
| 2002 | 72.27 billion constant LCU | +0.0% |
| 2003 | 73.15 billion constant LCU | +1.2% |
| 2004 | 74.41 billion constant LCU | +1.7% |
| 2005 | 77.66 billion constant LCU | +4.4% |
| 2006 | 81.04 billion constant LCU | +4.4% |
| 2007 | 85.20 billion constant LCU | +5.1% |
| 2008 | 87.74 billion constant LCU | +3.0% |
| 2009 | 92.10 billion constant LCU | +5.0% |
| 2010 | 97.92 billion constant LCU | +6.3% |
| 2011 | 103.75 billion constant LCU | +6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.37 billion constant LCU | 5.59 billion constant LCU | 7.31 billion constant LCU | 5 |
| 1970s | 14.75 billion constant LCU | 7.54 billion constant LCU | 22.78 billion constant LCU | 10 |
| 1980s | 32.59 billion constant LCU | 22.66 billion constant LCU | 41.94 billion constant LCU | 10 |
| 1990s | 60.57 billion constant LCU | 44.62 billion constant LCU | 76.88 billion constant LCU | 10 |
| 2000s | 79.13 billion constant LCU | 72.26 billion constant LCU | 92.10 billion constant LCU | 10 |
| 2010s | 100.84 billion constant LCU | 97.92 billion constant LCU | 103.75 billion constant LCU | 2 |
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)
- Gross value added at basic prices (GVA) (current US$), annual growth 13.03 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9254 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 2,187 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 8.4 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 119.65 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 282,722 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.77 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7436 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is financial and insurance activities (banking), value added in Kenya?
- Financial and insurance activities (banking), value added in Kenya was 103.75 billion constant LCU in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest financial and insurance activities (banking), value added recorded in Kenya?
- The highest recorded value was 103.75 billion constant LCU in 2011.
- What is the lowest financial and insurance activities (banking), value added recorded in Kenya?
- The lowest recorded value was 5.59 billion constant LCU in 1965.
- How does Kenya rank for financial and insurance activities (banking), value added?
- Kenya ranks 5th out of 31 countries with data for 2011.
- Is financial and insurance activities (banking), value added rising or falling in Kenya?
- Over the last ten years it is up 43.6%. The long-run trend across the full record is volatile.
- Where does this Kenya data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Financial and insurance activities (banking), value added (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Value added in banking is defined as the value of output of the banking industry less the value of intermediate consumption (intermediate inputs). Banking is a subset of services, comprising financial intermediation (ISIC 65-67). Data are in constant local currency.