Kenya Consolidated Fiscal Balance: % of GDP

2009 - 2023 | Quarterly | % | CEIC Data

Key information about Kenya Consolidated Fiscal Balance: % of GDP

  • Kenya Consolidated Fiscal Balance recorded a deficit equal to 2.1 % of its Nominal GDP in Mar 2023, compared with a deficit equal to 2.4 % in the previous quarter
  • Kenya Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 2009 to Mar 2023, with an average ratio of -2.9 %
  • The data reached an all-time high of 0.2 % in Mar 2014 and a record low of -6.5 % in Jun 2013
CEIC calculates quarterly Consolidated Fiscal Balance as % of Nominal GDP from monthly Consolidated Fiscal Balance and quarterly Nominal GDP. Consolidated Fiscal Balance is calculated as Revenue and Grants less Expenditure. The Central Bank of Kenya provides year-to-date Consolidated Fiscal Balance in local currency. The Kenya National Bureau of Statistics provides Nominal GDP in local currency. Consolidated Fiscal Balance covers Central Government only.


Further information about Kenya Consolidated Fiscal Balance: % of GDP

  • In the latest reports, Kenya National Government Debt reached 70.9 USD mn in Apr 2023
  • Kenya Nominal GDP reached 26.9 USD bn in Sep 2022

View Kenya's Consolidated Fiscal Balance: % of GDP from Dec 2009 to Mar 2023 in the chart:

Kenya Consolidated Fiscal Balance: % of GDP

What was Kenya's Consolidated Fiscal Balance: % of GDP in Mar 2023?

Kenya Consolidated Fiscal Balance recorded a deficit equal to 2.1 % of its Nominal GDP in Mar 2023, compared with a deficit equal to 2.4 % in the previous quarter See the table below for more data.

Last Previous Min Max Unit Frequency Range
-2.1 Mar 2023 -2.4 Dec 2022 -6.5 Jun 2013 0.2 Mar 2014 % quarterly Dec 2009 - Mar 2023

Consolidated Fiscal Balance: % of GDP by Country Comparison

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Includes Consolidated Fiscal Balance: % of GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) -3.7 2022 yearly 1997 - 2022
Algeria (%) -7.3 2021 yearly 1994 - 2021
Argentina (%) -4.3 Jun 2023 quarterly Dec 2004 - Jun 2023
Armenia (%) -1.4 Jun 2023 quarterly Dec 2002 - Jun 2023
Australia (%) -0.9 Jun 2023 quarterly Jun 2003 - Jun 2023
Austria (%) -3.4 Mar 2023 quarterly Dec 2001 - Mar 2023
Azerbaijan (%) 0.4 Jun 2021 monthly Dec 2004 - Jun 2021
Bahrain (%) -7.0 2021 yearly 1998 - 2021
Bangladesh (%) -5.1 2022 yearly 2006 - 2022
Belarus (%) -0.4 Sep 2021 quarterly Sep 2006 - Sep 2021
Belgium (%) -3.9 2022 yearly 1970 - 2022
Bolivia (%) -8.5 2021 yearly 1990 - 2021
Bosnia and Herzegovina (%) 5.0 Dec 2022 quarterly Dec 2008 - Dec 2022
Botswana (%) 0.8 Mar 2023 quarterly Mar 2004 - Mar 2023
Brazil (%) -5.1 Jun 2023 quarterly Dec 1997 - Jun 2023
Brunei (%) 1.3 2022 yearly 2010 - 2022
Bulgaria (%) -1.3 Jun 2023 quarterly Sep 2003 - Jun 2023
Cambodia (%) -0.2 2022 yearly 2007 - 2022
Canada (%) -1.7 Jun 2023 quarterly Jun 1993 - Jun 2023
Chile (%) 1.4 2022 yearly 1990 - 2022
China (%) -3.9 Jun 2023 quarterly Dec 1995 - Jun 2023
Colombia (%) -2.6 Dec 2022 quarterly Dec 2000 - Dec 2022
Croatia (%) -2.6 2021 yearly 2002 - 2021
Cyprus (%) 2.4 Mar 2023 quarterly Dec 1995 - Mar 2023
Czech Republic (%) -4.0 Mar 2023 quarterly Dec 1999 - Mar 2023
Denmark (%) 3.3 Mar 2023 quarterly Dec 1999 - Mar 2023
Ecuador (%) -0.6 Mar 2023 quarterly Dec 2000 - Mar 2023
Estonia (%) -1.2 Mar 2023 quarterly Dec 1999 - Mar 2023
European Union (%) -3.4 2022 yearly 1995 - 2022
Finland (%) -1.5 Jun 2023 quarterly Dec 1999 - Jun 2023
France (%) -5.0 Jun 2023 quarterly Dec 1949 - Jun 2023
Georgia (%) -2.0 Jun 2023 quarterly Dec 2006 - Jun 2023
Germany (%) -3.4 Jun 2023 quarterly Dec 1991 - Jun 2023
Ghana (%) -8.9 Jun 2022 quarterly Dec 2008 - Jun 2022
Greece (%) -1.3 Dec 2018 monthly Apr 1999 - Dec 2018
Hong Kong SAR, China (%) -6.6 Mar 2023 quarterly Sep 1999 - Mar 2023
Hungary (%) -7.9 Mar 2023 quarterly Dec 1999 - Mar 2023
Iceland (%) -1.5 Jun 2023 quarterly Mar 2002 - Jun 2023
India (%) -6.6 Jun 2023 quarterly Mar 2005 - Jun 2023
Indonesia (%) -1.9 Jun 2023 quarterly Dec 2014 - Jun 2023
Iran (%) -4.8 Mar 2019 quarterly Mar 2006 - Mar 2019
Ireland (%) 2.0 Mar 2023 quarterly Dec 2000 - Mar 2023
Israel (%) -0.8 Jun 2023 quarterly Dec 1999 - Jun 2023
Italy (%) -8.2 Mar 2023 quarterly Dec 1999 - Mar 2023
Ivory Coast (%) -5.9 2022 yearly 1960 - 2022
Japan (%) -6.2 2024 yearly 1996 - 2024
Jordan (%) 1.0 2018 yearly 1999 - 2018
Kazakhstan (%) -3.5 Jun 2023 quarterly Dec 2008 - Jun 2023
Kenya (%) -2.1 Mar 2023 quarterly Dec 2009 - Mar 2023
South Korea (%) -2.1 Jun 2023 quarterly Jun 2000 - Jun 2023
Kosovo (%) 0.5 Mar 2023 quarterly Dec 2010 - Mar 2023
Kuwait (%) -26.4 2019 yearly 1988 - 2019
Kyrgyzstan (%) 1.2 Jun 2023 monthly Jan 2007 - Jun 2023
Laos (%) -0.3 2022 yearly 2012 - 2022
Latvia (%) -4.1 Mar 2023 quarterly Dec 1999 - Mar 2023
Lebanon (%) -4.3 2020 yearly 1992 - 2020
Lithuania (%) -1.2 Mar 2023 quarterly Dec 1999 - Mar 2023
Luxembourg (%) 0.2 2022 yearly 1995 - 2022
Macau SAR, China (%) -12.5 Sep 2021 quarterly Dec 2003 - Sep 2021
North Macedonia (%) -4.5 2022 yearly 1993 - 2022
Malawi (%) -0.4 Jun 2023 monthly Apr 2005 - Jun 2023
Malaysia (%) -4.3 2021 yearly 1970 - 2021
Malta (%) -4.8 Mar 2023 quarterly Dec 2000 - Mar 2023
Mauritius (%) -5.1 Mar 2023 quarterly Dec 2010 - Mar 2023
Mexico (%) -3.8 Jun 2023 quarterly Dec 1980 - Jun 2023
Moldova (%) -3.3 2022 yearly 1998 - 2022
Mongolia (%) 2.3 Jun 2023 quarterly Dec 2000 - Jun 2023
Montenegro (%) -0.5 Jun 2023 quarterly Dec 2012 - Jun 2023
Morocco (%) -11.8 2022 yearly 1980 - 2022
Mozambique (%) -2.7 2016 yearly 1996 - 2016
Myanmar (%) -7.6 2021 yearly 1986 - 2021
Nepal (%) -10.0 2018 yearly 2012 - 2018
Netherlands (%) -0.1 Mar 2023 quarterly Dec 1999 - Mar 2023
New Zealand (%) 0.7 Mar 2023 quarterly Dec 1999 - Mar 2023
Nigeria (%) -2.6 Mar 2023 quarterly Dec 2010 - Mar 2023
Norway (%) 25.5 Mar 2023 quarterly Dec 2002 - Mar 2023
Oman (%) 2.6 Jun 2023 quarterly Dec 2005 - Jun 2023
Pakistan (%) -7.9 2022 yearly 2000 - 2022
Palestinian Territory (%) -4.0 2020 yearly 2010 - 2020
Panama (%) -3.9 2022 yearly 2003 - 2022
Paraguay (%) -0.6 Mar 2023 quarterly Dec 2003 - Mar 2023
Peru (%) -2.7 Jun 2023 quarterly Dec 1990 - Jun 2023
Philippines (%) -6.4 Jun 2023 quarterly Dec 1985 - Jun 2023
Poland (%) -3.7 2022 yearly 1995 - 2022
Portugal (%) 0.1 Mar 2023 quarterly Sep 1999 - Mar 2023
Qatar (%) 9.9 Mar 2023 quarterly Mar 2011 - Mar 2023
Romania (%) -6.3 Jun 2023 quarterly Dec 2004 - Jun 2023
Russia (%) -4.7 Jun 2023 quarterly Dec 1993 - Jun 2023
Saudi Arabia (%) 2.5 2022 yearly 1969 - 2022
Serbia (%) -2.1 Jun 2023 quarterly Dec 2005 - Jun 2023
Singapore (%) 0.8 Jun 2023 quarterly Mar 2012 - Jun 2023
Slovakia (%) -6.2 2020 yearly 1995 - 2020
Slovenia (%) -2.9 Jun 2023 quarterly Dec 2000 - Jun 2023
South Africa (%) -5.4 Jun 2023 quarterly Dec 1990 - Jun 2023
Spain (%) -4.4 Mar 2023 quarterly Dec 1995 - Mar 2023
Sri Lanka (%) -10.0 Mar 2023 quarterly Dec 2014 - Mar 2023
Sudan (%) -0.6 2021 yearly 2001 - 2021
Sweden (%) 0.7 2022 yearly 1995 - 2022
Switzerland (%) -0.3 2021 yearly 1990 - 2021

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Kenya Key Series

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Includes 205 key indicators for Kenya, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.1 Mar 2023 quarterly Dec 2009 - Mar 2023
Tax Revenue (USD mn) 14,033.096 Jun 2023 monthly Sep 1999 - Jun 2023
Tax Revenue: % of GDP (%) 7.1 2022 yearly 2006 - 2022
National Government Debt (USD mn) 69.9 May 2023 monthly Sep 1999 - May 2023
Government Debt: % of GDP (%) 0.1 Mar 2023 quarterly Dec 2009 - Mar 2023
Forecast: Government Expenditure (KES bn) 5,768.072 2028 yearly 1982 - 2028
Forecast: Government Net Debt (KES bn) 15,384.432 2028 yearly 1998 - 2028
Forecast: Government Revenue (KES bn) 4,752.244 2028 yearly 1982 - 2028
Central Government Revenue and Grants: ytd: Revenue: Tax: VAT (KES mn) 550,440.000 Jun 2023 monthly Sep 1999 - Jun 2023
Central Government Expenditure: ytd: Development (KES mn) 457,700.000 Jun 2023 monthly Sep 1999 - Jun 2023
Central Government Expenditure: ytd: Recurrent (KES mn) 2,258,800.000 Jun 2023 monthly Sep 1999 - Jun 2023
Central Government Expenditure: ytd (KES mn) 3,132,270.000 Jun 2023 monthly Sep 1999 - Jun 2023
Central Government Revenue and Grants: ytd: Revenue (KES mn) 2,360,510.000 Jun 2023 monthly Sep 1999 - Jun 2023
Central Government Revenue and Grants: ytd: Revenue: Tax (KES mn) 1,960,430.000 Jun 2023 monthly Sep 1999 - Jun 2023
Central Government Revenue and Grants: ytd: Revenue: Tax: Excise Duty (KES mn) 264,510.000 Jun 2023 monthly Sep 1999 - Jun 2023
Central Government Surplus or Deficit (KES bn) -478.312 2020 yearly 1998 - 2020
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.212 2028 yearly 1980 - 2028
Trade Balance (USD mn) -770.9 Jul 2023 monthly Oct 1992 - Jul 2023
Total Exports (USD mn) 583.5 Jul 2023 monthly Aug 1998 - Jul 2023
Total Exports Growth (%) 9.4 Jul 2023 monthly Aug 1999 - Jul 2023
Aluminum: Exports (USD th) 7,661.824 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 125,626.451 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 16,738.751 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,354.3 Jul 2023 monthly Aug 1998 - Jul 2023
Total Imports Growth (%) -10.0 Jul 2023 monthly Aug 1999 - Jul 2023
Imports: Medicament (USD th) 485,345.284 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 157,854.152 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 48.110 Jul 2023 monthly Jan 1998 - Jul 2023
Total Imports from USA (USD mn) 79.765 Jul 2023 monthly Jan 1998 - Jul 2023
Total Exports to China (USD mn) 20.656 May 2023 monthly Apr 1998 - May 2023
Total Imports from China (USD mn) 282.966 Jul 2023 monthly Jan 2001 - Jul 2023
Exports (KES mn) 82,582.990 Jul 2023 monthly Aug 1998 - Jul 2023
Imports (KES mn) 191,691.690 Jul 2023 monthly Aug 1998 - Jul 2023
Exports: Re-Exports (KES mn) 7,909.430 Jul 2023 monthly Aug 1998 - Jul 2023
Exports: Domestic: Cement (KES mn) 539.900 Jul 2023 monthly Aug 1998 - Jul 2023
Exports: Domestic: Horticulture (KES mn) 12,512.420 Jul 2023 monthly Aug 1998 - Jul 2023
Exports: Domestic: Tea (KES mn) 12,910.370 Jul 2023 monthly Aug 1998 - Jul 2023
Exports: Domestic: Chemicals (KES mn) 7,704.260 Jul 2023 monthly Aug 1998 - Jul 2023
Exports: Domestic: Coffee (KES mn) 4,368.480 Jul 2023 monthly Aug 1998 - Jul 2023
Exports: Netherlands (KES mn) 6,122.810 Jul 2023 monthly Jan 1998 - Jul 2023
Exports: Uganda (KES mn) 11,723.260 Jul 2023 monthly Jan 1998 - Jul 2023
Exports: Tanzania (KES mn) 5,977.890 Jul 2023 monthly Jan 1998 - Jul 2023
Exports: United Kingdom (KES mn) 4,144.610 Jul 2023 monthly Jan 1998 - Jul 2023
Imports: Chemicals (KES mn) 27,189.190 Jul 2023 monthly Aug 1998 - Jul 2023
Imports: Food and Live Animals (KES mn) 25,372.140 Jul 2023 monthly Aug 1998 - Jul 2023
Imports: Machinery and Transport Equipment (KES mn) 40,204.770 Jul 2023 monthly Aug 1998 - Jul 2023
Imports: Mineral Fuels, Lubricants and Related Materials (KES mn) 43,475.420 Jul 2023 monthly Aug 1998 - Jul 2023
Imports: Manufactured Goods Classified Chiefly by Materials (KES mn) 24,670.960 Jul 2023 monthly Aug 1998 - Jul 2023
Imports: Italy (KES mn) 1,584.360 Jul 2023 monthly Jan 1998 - Jul 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -131.1 2021 yearly 2009 - 2021
Current Account Balance (USD mn) -288.0 Dec 2022 monthly Jan 2002 - Dec 2022
Current Account Balance: % of GDP (%) -3.7 Mar 2023 quarterly Mar 2009 - Mar 2023
Foreign Direct Investment (USD mn) 393.6 2022 yearly 1970 - 2022
Foreign Direct Investment: % of GDP (%) 0.3 2022 yearly 1996 - 2022
Foreign Portfolio Investment (USD mn) -230.822 2022 yearly 2009 - 2022
Foreign Portfolio Investment: % of GDP (%) -0.2 2022 yearly 2009 - 2022
Foreign Portfolio Investment: Equity Securities (USD mn) -97.5 2021 yearly 2009 - 2021
Foreign Portfolio Investment: Debt Securities (USD mn) -22.590 2022 yearly 2009 - 2022
External Debt (USD mn) 37.1 May 2023 monthly Sep 1999 - May 2023
External Debt: % of GDP (%) 0.0 2022 yearly 2006 - 2022
External Debt: Short Term (USD mn) 2,427.4 2021 yearly 1970 - 2021
External Debt: Short Term: % of GDP (%) 2.2 2021 yearly 1996 - 2021
Forecast: Current Account Balance (USD bn) -7.418 2028 yearly 1980 - 2028
KE: IIP: Net International Investment Position (USD mn) -62,489.498 2021 yearly 2008 - 2021
KE: IIP: Liabilities (USD mn) 88,638.588 2021 yearly 2008 - 2021
KE: IIP: Assets (USD mn) 26,149.090 2021 yearly 2008 - 2021
Balance of Payment: Current Account (USD mn) -288.000 Dec 2022 monthly Dec 2014 - Dec 2022
BoP: Reserves and Related Items: Reserve Assets (KES mn) -24,917.900 2017 yearly 2009 - 2017
BoP: Net Errors and Omissions (KES mn) 6,858.800 2017 yearly 2009 - 2017
Balance of Payments (BoP) (USD mn) 1,008.000 Mar 2023 quarterly Mar 2015 - Mar 2023
BoP: Current Account n.i.e (USD mn) -1,092.000 Mar 2023 quarterly Mar 2015 - Mar 2023
BoP: Current Account: Goods (USD mn) -2,399.000 Mar 2023 quarterly Mar 2015 - Mar 2023
BoP: Current Account: Goods: Exports (USD mn) 1,844.000 Mar 2023 quarterly Mar 2015 - Mar 2023
BoP: Capital Account n.i.e (USD mn) 110.000 Mar 2023 quarterly Mar 2015 - Mar 2023
BoP: Current Account: Services: Credit (USD mn) 1,489.000 Mar 2023 quarterly Mar 2015 - Mar 2023
BoP: Current Account: Services: Debit (USD mn) 1,395.000 Mar 2023 quarterly Mar 2015 - Mar 2023
BoP: Current Account: Services (USD mn) 94.000 Mar 2023 quarterly Mar 2015 - Mar 2023
BoP: Capital Account: Debit (USD mn) 0.000 Mar 2023 quarterly Mar 2015 - Mar 2023
BoP: Capital Account: Credit n.i.e (USD mn) 51.000 Jun 2022 quarterly Mar 2015 - Jun 2022
BoP: Current Account: Goods: Imports (USD mn) 4,243.000 Mar 2023 quarterly Mar 2015 - Mar 2023
BoP: Financial Account: Portfolio Investment: Assets (USD mn) 73.000 Mar 2023 quarterly Mar 2015 - Mar 2023
BoP: Financial Account: Direct Investment: Assets (USD mn) 0.000 Dec 2022 quarterly Mar 2015 - Dec 2022
BoP: Financial Account n.i.e (USD mn) -660.000 Mar 2023 quarterly Mar 2015 - Mar 2023
BoP: Current Account: Primary Income: Credit (USD mn) 12.000 Mar 2023 quarterly Mar 2015 - Mar 2023
BoP: Financial Account: Direct Investment: Liabilities n.i.e (USD mn) 153.000 Jun 2022 quarterly Mar 2015 - Jun 2022
BoP: Financial Account: Portfolio Investment: Liabilities n.i.e (USD mn) -89.000 Jun 2022 quarterly Mar 2015 - Jun 2022
BoP: Financial Account: Other Investment: Assets (USD mn) -56.000 Jun 2022 quarterly Mar 2015 - Jun 2022
BoP: Current Account: Secondary Income: Credit n.i.e (USD mn) 1,806.000 Mar 2023 quarterly Mar 2015 - Mar 2023
BoP: Current Account: Secondary Income: Debit (USD mn) 57.000 Mar 2023 quarterly Mar 2015 - Mar 2023
BoP: Current Account: Primary Income: Debit (USD mn) 547.000 Mar 2023 quarterly Mar 2015 - Mar 2023
BoP: Financial Account: Other Investment: Liabilities n.i.e (USD mn) 993.000 Sep 2018 quarterly Mar 2015 - Sep 2018
BoP: Financial Account: Financial Derivatives: Net (USD mn) -2.000 Mar 2023 quarterly Mar 2015 - Mar 2023
BoP: Financial Account: Direct Investment: Liabilities (KES mn) 46,390.100 2022 yearly 2009 - 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 11.1 Dec 2021 quarterly Mar 2016 - Dec 2021
Non-Performing Loans (USD mn) 2,674.259 Dec 2019 monthly Apr 2001 - Dec 2019
Money Supply M1 (USD mn) 14,931.389 Jun 2023 monthly Dec 1995 - Jun 2023
Money Supply M2 (USD mn) 27,412.964 Jun 2023 monthly Dec 1995 - Jun 2023
M2 Growth (%) 8.5 Jun 2023 monthly Dec 1996 - Jun 2023
Reserve Requirement Ratio (%) 4.3 Mar 2023 monthly Dec 1999 - Mar 2023
Foreign Exchange Reserves (USD mn) 8,036.7 Jun 2023 monthly Dec 2000 - Jun 2023
Foreign Exchange Reserves: % of GDP (%) 6.126 Mar 2023 quarterly Dec 2009 - Mar 2023
Foreign Exchange Reserves: Months of Import (NA) 4.4 Jun 2023 monthly Sep 2005 - Jun 2023
Gold Reserves (USD mn) 1.070 Jun 2023 monthly Sep 1973 - Jun 2023
Total Deposits (USD mn) 40,651.623 Dec 2022 monthly Jan 1999 - Dec 2022
Total Deposits Growth (%) 7.4 Dec 2022 monthly Jan 2000 - Dec 2022
Domestic Credit (USD mn) 41,418.1 Jun 2023 monthly Dec 1995 - Jun 2023
Domestic Credit Growth (%) 12.2 Jun 2023 monthly Dec 1996 - Jun 2023
Total Loans (USD mn) 50,629.576 Dec 2022 monthly Jan 1999 - Dec 2022
Total Loans Growth (%) 12.21 Dec 2022 monthly Jan 2000 - Dec 2022
Private Debt: % of Nominal GDP (%) 30.13 Dec 2022 quarterly Dec 2009 - Dec 2022

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