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

country/region Last Frequency Range
Albania (%) -3.7 2022 yearly 1997 - 2022
Algeria (%) -2.6 2022 yearly 1994 - 2022
Argentina (%) -2.2 Mar 2024 quarterly Dec 2004 - Mar 2024
Armenia (%) -2.5 Mar 2024 quarterly Dec 2002 - Mar 2024
Australia (%) -1.2 Mar 2024 quarterly Jun 2003 - Mar 2024
Austria (%) -2.7 Dec 2023 quarterly Dec 2001 - Dec 2023
Azerbaijan (%) 0.4 Jun 2021 monthly Dec 2004 - Jun 2021
Bahrain (%) -7.0 2021 yearly 1998 - 2021
Bangladesh (%) -5.1 2023 yearly 2006 - 2023
Belarus (%) -0.4 Sep 2021 quarterly Sep 2006 - Sep 2021
Belgium (%) -4.5 2023 yearly 1970 - 2023
Bolivia (%) -5.8 2022 yearly 1990 - 2022
Bosnia and Herzegovina (%) 3.0 Dec 2023 quarterly Dec 2008 - Dec 2023
Botswana (%) 2.5 Jun 2023 quarterly Mar 2004 - Jun 2023
Brazil (%) -7.2 Mar 2024 quarterly Dec 1997 - Mar 2024
Brunei (%) -11.9 2023 yearly 2010 - 2023
Bulgaria (%) -2.4 Mar 2024 quarterly Sep 2003 - Mar 2024
Cambodia (%) -0.2 2022 yearly 2007 - 2022
Canada (%) -1.7 Mar 2024 quarterly Jun 1993 - Mar 2024
Chile (%) -2.3 2023 yearly 1990 - 2023
China (%) -4.8 Mar 2024 quarterly Dec 1995 - Mar 2024
Colombia (%) 0.2 Sep 2023 quarterly Dec 2000 - Sep 2023
Croatia (%) -2.6 2021 yearly 2002 - 2021
Cyprus (%) 3.8 Mar 2024 quarterly Dec 1995 - Mar 2024
Czech Republic (%) -2.9 Mar 2024 quarterly Dec 1999 - Mar 2024
Denmark (%) 3.3 Mar 2024 quarterly Dec 1999 - Mar 2024
Ecuador (%) -2.8 Mar 2024 quarterly Dec 2000 - Mar 2024
Estonia (%) -3.3 Mar 2024 quarterly Dec 1999 - Mar 2024
European Union (%) -3.5 2023 yearly 1995 - 2023
Finland (%) -3.4 Mar 2024 quarterly Dec 1999 - Mar 2024
France (%) -5.6 Mar 2024 quarterly Dec 1949 - Mar 2024
Georgia (%) -2.4 Dec 2023 quarterly Dec 2006 - Dec 2023
Germany (%) -2.5 Mar 2024 quarterly Dec 1991 - Mar 2024
Ghana (%) -4.6 Jun 2023 quarterly Dec 2008 - Jun 2023
Greece (%) -1.3 Dec 2018 monthly Apr 1999 - Dec 2018
Hong Kong SAR, China (%) -5.7 Mar 2024 quarterly Sep 1999 - Mar 2024
Hungary (%) -5.7 Mar 2024 quarterly Dec 1999 - Mar 2024
Iceland (%) 0.1 Mar 2024 quarterly Mar 2002 - Mar 2024
India (%) -5.6 Mar 2024 quarterly Mar 2005 - Mar 2024
Indonesia (%) -2.2 Mar 2024 quarterly Dec 2014 - Mar 2024
Iran (%) -4.3 Mar 2021 quarterly Mar 2006 - Mar 2021
Ireland (%) 1.7 Dec 2023 quarterly Dec 2000 - Dec 2023
Israel (%) -6.2 Mar 2024 quarterly Dec 1999 - Mar 2024
Italy (%) -6.5 Mar 2024 quarterly Dec 1999 - Mar 2024
Ivory Coast (%) -5.3 2023 yearly 1960 - 2023
Japan (%) -6.2 2024 yearly 1996 - 2024
Jordan (%) 1.0 2018 yearly 1999 - 2018
Kazakhstan (%) -0.7 Mar 2024 quarterly Dec 2008 - Mar 2024
Kenya (%) -2.1 Mar 2023 quarterly Dec 2009 - Mar 2023
South Korea (%) -2.5 Mar 2024 quarterly Jun 2000 - Mar 2024
Kosovo (%) 0.2 Sep 2023 quarterly Dec 2010 - Sep 2023
Kuwait (%) 11.7 2022 yearly 1988 - 2022
Kyrgyzstan (%) 3.8 Apr 2024 monthly Jan 2007 - Apr 2024
Laos (%) 0.6 2023 yearly 2012 - 2023
Latvia (%) -1.9 Mar 2024 quarterly Dec 1999 - Mar 2024
Lebanon (%) -4.3 2020 yearly 1992 - 2020
Lithuania (%) -0.6 Mar 2024 quarterly Dec 1999 - Mar 2024
Luxembourg (%) -1.3 2023 yearly 1995 - 2023
Macau SAR, China (%) -5.1 Sep 2023 quarterly Dec 2003 - Sep 2023
North Macedonia (%) -4.5 2022 yearly 1993 - 2022
Malawi (%) -0.4 Jun 2023 monthly Apr 2005 - Jun 2023
Malaysia (%) -6.7 2022 yearly 1970 - 2022
Malta (%) -3.9 Mar 2024 quarterly Dec 2000 - Mar 2024
Mauritius (%) -5.3 Sep 2023 quarterly Dec 2010 - Sep 2023
Mexico (%) -4.4 Mar 2024 quarterly Dec 1980 - Mar 2024
Moldova (%) -5.2 2023 yearly 1998 - 2023
Mongolia (%) 2.4 Mar 2024 quarterly Dec 2000 - Mar 2024
Montenegro (%) -0.8 Mar 2024 quarterly Dec 2012 - Mar 2024
Morocco (%) -5.0 2023 yearly 1980 - 2023
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 (%) -1.1 Mar 2024 quarterly Dec 1999 - Mar 2024
Nigeria (%) -4.8 Sep 2023 quarterly Dec 2010 - Sep 2023
Norway (%) 14.4 Mar 2024 quarterly Dec 2002 - Mar 2024
Oman (%) 2.3 Sep 2023 quarterly Dec 2005 - Sep 2023
Pakistan (%) -3.7 2023 yearly 2000 - 2023
Palestinian Territory (%) -4.0 2020 yearly 2010 - 2020
Panama (%) -3.0 2023 yearly 2003 - 2023
Paraguay (%) -1.5 Mar 2024 quarterly Dec 2003 - Mar 2024
Peru (%) -3.5 Mar 2024 quarterly Dec 1990 - Mar 2024
Philippines (%) -6.1 Mar 2024 quarterly Dec 1985 - Mar 2024
Poland (%) -5.1 2023 yearly 1995 - 2023
Portugal (%) 0.9 Mar 2024 quarterly Sep 1999 - Mar 2024
Qatar (%) 6.0 Sep 2023 quarterly Mar 2011 - Sep 2023
Romania (%) -6.3 Mar 2024 quarterly Dec 2004 - Mar 2024
Russia (%) -0.9 Mar 2024 quarterly Dec 1993 - Mar 2024
Saudi Arabia (%) 2.5 2022 yearly 1969 - 2022
Serbia (%) -2.1 Mar 2024 quarterly Dec 2005 - Mar 2024
Singapore (%) -0.1 Mar 2024 quarterly Mar 2012 - Mar 2024
Slovakia (%) -6.2 2020 yearly 1995 - 2020
Slovenia (%) -3.7 Mar 2024 quarterly Dec 2000 - Mar 2024
South Africa (%) -4.6 Mar 2024 quarterly Dec 1990 - Mar 2024
Spain (%) -3.8 Mar 2024 quarterly Dec 1995 - Mar 2024
Sri Lanka (%) -8.3 Dec 2023 quarterly Dec 2014 - Dec 2023
Sudan (%) -0.6 2021 yearly 2001 - 2021
Sweden (%) -0.7 2023 yearly 1995 - 2023
Switzerland (%) 0.5 2023 yearly 1990 - 2023

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Kenya Key Series

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) 12,866.615 Apr 2024 monthly Sep 1999 - Apr 2024
Tax Revenue: % of GDP (%) 7.1 2022 yearly 2006 - 2022
National Government Debt (USD mn) 78,896.6 Mar 2024 monthly Sep 1999 - Mar 2024
Government Debt: % of GDP (%) 68.3 Mar 2023 quarterly Dec 2009 - Mar 2023
Forecast: Government Expenditure (KES bn) 5,655.330 2028 yearly 1982 - 2028
Forecast: Government Net Debt (KES bn) 17,456.491 2029 yearly 1998 - 2029
Forecast: Government Revenue (KES bn) 4,688.790 2028 yearly 1982 - 2028
Central Government Revenue and Grants: ytd: Revenue: Tax: Excise Duty (KES mn) 224,905.269 Apr 2024 monthly Sep 1999 - Apr 2024
Central Government Expenditure: ytd: Development (KES mn) 404,477.966 Apr 2024 monthly Sep 1999 - Apr 2024
Central Government Revenue and Grants: ytd: Revenue: Tax: VAT (KES mn) 535,280.467 Apr 2024 monthly Sep 1999 - Apr 2024
Central Government Expenditure: ytd (KES mn) 2,709,750.496 Apr 2024 monthly Sep 1999 - Apr 2024
Central Government Expenditure: ytd: Recurrent (KES mn) 2,032,665.163 Apr 2024 monthly Sep 1999 - Apr 2024
Central Government Revenue and Grants: ytd: Revenue (KES mn) 2,116,998.350 Apr 2024 monthly Sep 1999 - Apr 2024
Central Government Revenue and Grants: ytd: Revenue: Tax (KES mn) 1,692,856.420 Apr 2024 monthly Sep 1999 - Apr 2024
Central Government Surplus or Deficit (KES bn) -478.312 2020 yearly 1998 - 2020
Central Government Debt: External (KES mn) 5,163,423.340 Mar 2024 monthly Sep 1999 - Mar 2024
Central Government Debt: Domestic (KES mn) 5,235,188.410 Mar 2024 monthly Sep 1999 - Mar 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.212 2028 yearly 1980 - 2028
Trade Balance (USD mn) -957.2 Jan 2024 monthly Oct 1992 - Jan 2024
Total Exports (USD mn) 573.9 Jan 2024 monthly Aug 1998 - Jan 2024
Total Exports Growth (%) 25.7 Jan 2024 monthly Aug 1999 - Jan 2024
Aluminum: Exports (USD th) 7,528.435 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) 1,531.1 Jan 2024 monthly Aug 1998 - Jan 2024
Total Imports Growth (%) 25.3 Jan 2024 monthly Aug 1999 - Jan 2024
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) 37.181 Dec 2023 monthly Jan 1998 - Dec 2023
Total Imports from USA (USD mn) 104.827 Jan 2024 monthly Jan 1998 - Jan 2024
Total Exports to China (USD mn) 15.720 Mar 2024 monthly Apr 1998 - Mar 2024
Total Imports from China (USD mn) 290.183 Dec 2023 monthly Jan 2001 - Dec 2023
Exports (KES mn) 91,675.620 Jan 2024 monthly Aug 1998 - Jan 2024
Imports (KES mn) 244,573.360 Jan 2024 monthly Aug 1998 - Jan 2024
Exports: Re-Exports (KES mn) 12,007.060 Jan 2024 monthly Aug 1998 - Jan 2024
Exports: Domestic: Coffee (KES mn) 2,112.120 Jan 2024 monthly Aug 1998 - Jan 2024
Exports: Domestic: Chemicals (KES mn) 6,499.390 Dec 2023 monthly Aug 1998 - Dec 2023
Exports: Domestic: Horticulture (KES mn) 10,947.460 Dec 2023 monthly Aug 1998 - Dec 2023
Exports: Domestic: Cement (KES mn) 482.650 Dec 2023 monthly Aug 1998 - Dec 2023
Exports: Domestic: Tea (KES mn) 18,267.710 Jan 2024 monthly Aug 1998 - Jan 2024
Exports: Netherlands (KES mn) 6,758.060 Dec 2023 monthly Jan 1998 - Dec 2023
Exports: Tanzania (KES mn) 5,557.110 Dec 2023 monthly Jan 1998 - Dec 2023
Exports: United Kingdom (KES mn) 5,148.480 Dec 2023 monthly Jan 1998 - Dec 2023
Exports: Uganda (KES mn) 9,535.710 Dec 2023 monthly Jan 1998 - Dec 2023
Imports Volume Index (2009=100) 126.600 2021 yearly 2007 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 500.5 2023 yearly 2009 - 2023
Current Account Balance (USD mn) -374.0 Dec 2023 monthly Jan 2002 - Dec 2023
Current Account Balance: % of GDP (%) -2.3 Mar 2023 quarterly Mar 2009 - Mar 2023
Foreign Direct Investment (USD mn) 728.7 2023 yearly 1970 - 2023
Foreign Direct Investment: % of GDP (%) 0.3 2022 yearly 1996 - 2022
Foreign Portfolio Investment (USD mn) -153.016 2023 yearly 2009 - 2023
Foreign Portfolio Investment: % of GDP (%) -0.2 2022 yearly 2009 - 2022
Foreign Portfolio Investment: Equity Securities (USD mn) -152.2 2023 yearly 2009 - 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -0.807 2023 yearly 2009 - 2023
External Debt (USD mn) 39,176.1 Mar 2024 monthly Sep 1999 - Mar 2024
External Debt: % of GDP (%) 35.0 2022 yearly 2006 - 2022
External Debt: Short Term (USD mn) 2,567.3 2022 yearly 1970 - 2022
External Debt: Short Term: % of GDP (%) 2.3 2022 yearly 1996 - 2022
Forecast: Current Account Balance (USD bn) -7.497 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) -374.000 Dec 2023 monthly Dec 2014 - Dec 2023
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) 153.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Current Account n.i.e (USD mn) -1,721.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Current Account: Goods (USD mn) -2,678.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Current Account: Goods: Imports (USD mn) 4,401.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Current Account: Goods: Exports (USD mn) 1,723.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Capital Account n.i.e (USD mn) 13.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Capital Account: Debit (USD mn) 0.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Current Account: Services (USD mn) -322.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Financial Account: Direct Investment: Liabilities n.i.e (USD mn) 152.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Financial Account n.i.e (USD mn) -2,186.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Financial Account: Portfolio Investment: Assets (USD mn) 77.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Current Account: Secondary Income: Credit n.i.e (USD mn) 1,799.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Financial Account: Financial Derivatives: Net (USD mn) 1.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Financial Account: Other Investment: Assets (USD mn) 572.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Financial Account: Direct Investment: Assets (USD mn) -24.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Current Account: Secondary Income: Debit (USD mn) 10.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Financial Account: Other Investment: Liabilities n.i.e (USD mn) 2,672.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Current Account: Primary Income: Debit (USD mn) 535.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Current Account: Services: Credit (USD mn) 999.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Financial Account: Portfolio Investment: Liabilities n.i.e (USD mn) -13.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Current Account: Services: Debit (USD mn) 1,321.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Capital Account: Credit n.i.e (USD mn) 13.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Current Account: Primary Income: Credit (USD mn) 25.000 Dec 2023 quarterly Mar 2015 - Dec 2023
BoP: Financial Account: Direct Investment: Liabilities (KES mn) 101,915.400 2023 yearly 2009 - 2023
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) 14,670.232 Apr 2024 monthly Dec 1995 - Apr 2024
Money Supply M2 (USD mn) 29,043.994 Apr 2024 monthly Dec 1995 - Apr 2024
M2 Growth (%) 6.1 Apr 2024 monthly Dec 1996 - Apr 2024
Reserve Requirement Ratio (%) 4.3 Mar 2023 monthly Dec 1999 - Mar 2023
Foreign Exchange Reserves (USD mn) 7,340.8 Dec 2023 monthly Dec 2000 - Dec 2023
Foreign Exchange Reserves: % of GDP (%) 6.126 Mar 2023 quarterly Dec 2009 - Mar 2023
Foreign Exchange Reserves: Months of Import (NA) 3.9 Dec 2023 monthly Sep 2005 - Dec 2023
Gold Reserves (USD mn) 1.141 Feb 2024 monthly Sep 1973 - Feb 2024
Total Deposits (USD mn) 39,205.236 Jun 2023 monthly Jan 1999 - Jun 2023
Total Deposits Growth (%) 12.4 Jun 2023 monthly Jan 2000 - Jun 2023
Domestic Credit (USD mn) 46,236.0 Apr 2024 monthly Dec 1995 - Apr 2024
Domestic Credit Growth (%) 7.5 Apr 2024 monthly Dec 1996 - Apr 2024
Total Loans (USD mn) 46,974.620 Jun 2023 monthly Jan 1999 - Jun 2023
Total Loans Growth (%) 11.91 Jun 2023 monthly Jan 2000 - Jun 2023
Private Debt: % of Nominal GDP (%) 29.98 Mar 2023 quarterly Dec 2009 - Mar 2023
Money Supply: M3 (KES mn) 5,241,132.470 Apr 2024 monthly Dec 1995 - Apr 2024
Money Supply: M3: M2: M1 (KES mn) 1,955,232.326 Apr 2024 monthly Dec 1995 - Apr 2024
Money Supply: M3: M2 (KES mn) 3,870,951.573 Apr 2024 monthly Dec 1995 - Apr 2024

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