Kenya recorded a Government Budget deficit equal to 5.60 percent of the country's Gross Domestic Product in 2019. source: Central Bank of Kenya

Government Budget in Kenya averaged -3.91 percent of GDP from 1998 until 2019, reaching an all time high of 0.81 percent of GDP in 2000 and a record low of -8.20 percent of GDP in 2015. This page provides - Kenya Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kenya Government Budget - values, historical data and charts - was last updated on January of 2021.

Government Budget in Kenya is expected to reach -8.50 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kenya Government Budget is projected to trend around -7.30 percent of GDP in 2021 and -6.40 percent of GDP in 2022, according to our econometric models.

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Kenya Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-5.60 -6.70 0.81 -8.20 1998 - 2019 percent of GDP Yearly

Kenya Government Last Previous Highest Lowest Unit
Government Debt to GDP 62.40 59.10 78.30 38.20 percent [+]
Government Budget -5.60 -6.70 0.81 -8.20 percent of GDP [+]
Government Budget Value -478312.20 -314216.60 34232.00 -711424.00 KES million [+]
Government Spending 734790.80 700443.60 734790.80 998.00 KES Million [+]
Government Revenues 509.71 379.76 1739.45 11.89 KES Billion [+]
Military Expenditure 1023.00 1015.00 1493.00 28.10 USD Million [+]
Credit Rating 33.00 [+]
Government Debt 7120.60 7068.82 7120.60 723.84 KES Billion [+]
Fiscal Expenditure 721.74 515.53 2384.83 13.83 KES Billion [+]


Kenya Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.