Financial and insurance activities (banking), value added in Kenya
Kenya: Financial and insurance activities (banking), value added was 262.69 billion current LCU in 2011. ◆ Volatile
Financial and insurance activities (banking), value added in Kenya, 1982–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.
Analysis
In 2011, financial and insurance activities (banking), value added in Kenya stood at 262.69 billion current LCU. That is the highest value across all 30 years on record.
That represents a change of up 28.1% on the previous year and up 263.5% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Kenya peaked at 262.69 billion current LCU in 2011 and was at its lowest, 4.19 billion current LCU, in 1982.
Kenya ranks 4th of 36 countries on this measure, in the top 10%.
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 | current LCU | Change |
|---|---|---|
| 1982 | 4.19 billion current LCU | — |
| 1983 | 4.97 billion current LCU | +18.6% |
| 1984 | 5.38 billion current LCU | +8.2% |
| 1985 | 6.30 billion current LCU | +17.0% |
| 1986 | 7.30 billion current LCU | +16.0% |
| 1987 | 8.37 billion current LCU | +14.6% |
| 1988 | 10.04 billion current LCU | +19.9% |
| 1989 | 11.90 billion current LCU | +18.5% |
| 1990 | 13.73 billion current LCU | +15.4% |
| 1991 | 17.31 billion current LCU | +26.0% |
| 1992 | 21.63 billion current LCU | +24.9% |
| 1993 | 27.96 billion current LCU | +29.3% |
| 1994 | 40.31 billion current LCU | +44.2% |
| 1995 | 46.77 billion current LCU | +16.0% |
| 1996 | 56.34 billion current LCU | +20.5% |
| 1997 | 65.81 billion current LCU | +16.8% |
| 1998 | 71.69 billion current LCU | +8.9% |
| 1999 | 73.62 billion current LCU | +2.7% |
| 2000 | 60.77 billion current LCU | -17.5% |
| 2001 | 72.26 billion current LCU | +18.9% |
| 2002 | 68.84 billion current LCU | -4.7% |
| 2003 | 82.27 billion current LCU | +19.5% |
| 2004 | 80.65 billion current LCU | -2.0% |
| 2005 | 89.53 billion current LCU | +11.0% |
| 2006 | 107.43 billion current LCU | +20.0% |
| 2007 | 135.17 billion current LCU | +25.8% |
| 2008 | 151.79 billion current LCU | +12.3% |
| 2009 | 187.10 billion current LCU | +23.3% |
| 2010 | 205.05 billion current LCU | +9.6% |
| 2011 | 262.69 billion current LCU | +28.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.31 billion current LCU | 4.19 billion current LCU | 11.90 billion current LCU | 8 |
| 1990s | 43.52 billion current LCU | 13.73 billion current LCU | 73.62 billion current LCU | 10 |
| 2000s | 103.58 billion current LCU | 60.77 billion current LCU | 187.10 billion current LCU | 10 |
| 2010s | 233.87 billion current LCU | 205.05 billion current LCU | 262.69 billion current LCU | 2 |
Countries ranked near Kenya
- 1 Zambia 7.57 trillion current LCU compare
- 2 Sierra Leone 599.69 billion current LCU compare
- 3 South Africa 565.22 billion current LCU compare
- 5 Tanzania, United Republic of 233.93 billion current LCU compare
- 6 Senegal 165.55 billion current LCU compare
- 7 Madagascar 146.43 billion current LCU compare
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 domestic savings (current US$), annual growth rate 16.22 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1185 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 279.93 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 11.47 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 15.32 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 36,196 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 8.27 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9312 current 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 262.69 billion current 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 262.69 billion current LCU in 2011.
- What is the lowest financial and insurance activities (banking), value added recorded in Kenya?
- The lowest recorded value was 4.19 billion current LCU in 1982.
- How does Kenya rank for financial and insurance activities (banking), value added?
- Kenya ranks 4th out of 36 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 263.5%. 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 (current LCU). Statizoid updates them automatically from the source API.
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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 current local currency.