Government Debt to GDP in Kenya increased to 62.40 percent in 2019 from 59.10 percent in 2018. source: Central Bank of Kenya

Government Debt to GDP in Kenya averaged 54.63 percent from 1998 until 2019, reaching an all time high of 78.30 percent in 2000 and a record low of 38.20 percent in 2012. This page provides - Kenya Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kenya Government Debt to GDP - values, historical data and charts - was last updated on July of 2021.

Government Debt to GDP in Kenya is expected to reach 69.00 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 Debt to GDP is projected to trend around 72.00 percent of GDP in 2022 and 70.00 percent of GDP in 2023, according to our econometric models.

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Kenya Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
65.60 62.40 78.30 38.20 1998 - 2020 percent of GDP Yearly

Kenya Government Last Previous Highest Lowest Unit
Government Debt to GDP 65.60 62.40 78.30 38.20 percent of GDP [+]
Government Budget -7.80 -7.80 0.81 -8.20 percent of GDP [+]
Government Budget Value -433592.60 -398958.30 40667.40 -811992.60 KES million [+]
Government Spending 734790.80 700443.60 734790.80 998.00 KES Million [+]
Government Revenues 1252.67 1093.53 1753.45 11.89 KES Billion [+]
Military Expenditure 1097.00 1117.00 1667.00 31.40 USD Million [+]
Government Debt 7339.71 7345.47 7352.26 723.84 KES Billion [+]
Fiscal Expenditure 1733.72 1527.12 2565.44 13.83 KES Billion [+]
Credit Rating 33.00 [+]

Kenya Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.