Government Spending in Kenya increased to 734790.80 KES Million in 2019 from 700443.60 KES Million in 2018. source: Kenya National Bureau of Statistics

Government Spending in Kenya averaged 169586.73 KES Million from 1964 until 2019, reaching an all time high of 734790.80 KES Million in 2019 and a record low of 998 KES Million in 1964. This page provides - Kenya Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kenya Government Spending - values, historical data and charts - was last updated on October of 2020.

Government Spending in Kenya is expected to reach 756835.00 KES Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kenya Government Spending is projected to trend around 789378.00 KES Million in 2021 and 836741.00 KES Million in 2022, according to our econometric models.

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Kenya Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
734790.80 700443.60 734790.80 998.00 1964 - 2019 KES Million Yearly
Constant Prices 2009, NSA

Kenya Government Last Previous Highest Lowest Unit
Government Debt to GDP 57.00 57.10 78.30 38.20 percent [+]
Government Budget -5.60 -6.70 0.81 -8.20 percent of GDP [+]
Government Budget Value -164190.00 -134890.00 34232.00 -714510.00 KES million [+]
Government Spending 734790.80 700443.60 734790.80 998.00 KES Million [+]
Government Revenues 1739.45 1601.59 1739.45 11.89 KES Billion [+]
Military Expenditure 1023.00 1015.00 1493.00 28.10 USD Million [+]
Credit Rating 33.00 [+]
Government Debt 6282.82 6436.75 6436.75 723.84 KES Billion [+]
Fiscal Expenditure 2217.76 1915.81 2384.83 13.83 KES Billion [+]

Kenya Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.