Kenya recorded a Government Budget deficit equal to 6.70 percent of the country's Gross Domestic Product in 2018. Government Budget in Kenya averaged -3.83 percent of GDP from 1998 until 2018, 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.

Government Budget in Kenya is expected to be -4.80 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kenya Government Budget is projected to trend around -4.60 percent of GDP in 2020, according to our econometric models.

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Kenya Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-6.70 -7.80 0.81 -8.20 1998 - 2018 percent of GDP Yearly


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.

Kenya Government Last Previous Highest Lowest Unit
Government Debt to GDP 57.00 57.10 78.30 38.20 percent [+]
Government Budget -6.70 -7.80 0.81 -8.20 percent of GDP [+]
Government Budget Value -709807.00 -552791.00 34232.00 -711424.00 KES million [+]
Government Spending 677726.60 670758.50 677726.60 998.00 KES Million [+]
Government Revenues 423.96 240.27 1675.02 11.89 KES Billion [+]
Military Expenditure 1023.00 1015.00 1493.00 28.10 USD Million [+]
Credit Rating 35.00 [+]
Government Debt 5968.41 6009.54 6009.54 723.84 KES Billion [+]
Fiscal Expenditure 487.08 254.89 2389.53 13.83 KES Billion [+]