Kenya recorded a Government Budget deficit equal to 7.80 percent of the country's Gross Domestic Product in 2020. source: Central Bank of Kenya

Government Budget in Kenya averaged -4.20 percent of GDP from 1998 until 2020, 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 October of 2021.

Government Budget in Kenya is expected to reach -7.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kenya Government Budget is projected to trend around -5.60 percent of GDP in 2022 and -5.00 percent of GDP in 2023, according to our econometric models.

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Kenya Government Budget

Kenya Last Unit Reference Previous Highest Lowest
Government Debt to GDP 65.60 percent of GDP Dec/20 62.40 78.30 38.20
Government Budget -7.80 percent of GDP Dec/20 -7.80 0.81 -8.20
Government Budget Value -433592.60 KES million Feb/21 -398958.30 40667.40 -811992.60
Government Revenues 1775.27 KES Billion Jun/21 1586.92 1775.27 11.89
Fiscal Expenditure 144.67 KES Billion Jul/21 2706.30 2706.30 13.83
Government Debt 7712.39 KES Billion Jun/21 7485.91 7712.39 723.84

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.