Kenya recorded a Government Debt to GDP of 70.10 percent of the country's Gross Domestic Product in 2023. Government Debt to GDP in Kenya averaged 56.36 percent of GDP from 1998 until 2023, reaching an all time high of 78.30 percent of GDP in 2000 and a record low of 38.20 percent of GDP in 2012. source: Central Bank of Kenya

Government Debt to GDP in Kenya is expected to reach 68.00 percent of GDP by the end of 2024, 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 71.00 percent of GDP in 2025 and 69.00 percent of GDP in 2026, according to our econometric models.



Related Last Previous Unit Reference
Fiscal Expenditure 1795.80 1443.10 KES Billion Dec 2024
Government Budget -4.90 -5.30 percent of GDP Dec 2024
Government Budget Value -456500.00 -350900.00 KES Million Dec 2024
Government Debt 10792.90 10734.40 KES Billion Sep 2024
Government Debt to GDP 70.10 66.70 percent of GDP Dec 2023
Government Revenues 1339.30 1092.20 KES Billion Dec 2024

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.
Actual Previous Highest Lowest Dates Unit Frequency
70.10 66.70 78.30 38.20 1998 - 2023 percent of GDP Yearly