Kenya Consolidated Fiscal Balance: % of GDP

2009 - 2025 | Quarterly | % | CEIC Data

Key information about Kenya Consolidated Fiscal Balance: % of GDP

  • Kenya Consolidated Fiscal Balance recorded a deficit equal to 5.9 % of its Nominal GDP in Jun 2025, compared with a deficit equal to 6.3 % in the previous quarter
  • Kenya Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 2009 to Jun 2025, with an average ratio of -8.5 %
  • The data reached an all-time high of -3.3 % in Dec 2009 and a record low of -9.7 % in Dec 2015
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 92.6 USD bn in Aug 2025
  • Kenya Nominal GDP reached 34.9 USD bn in Jun 2025

View Kenya's Consolidated Fiscal Balance: % of GDP from Dec 2009 to Jun 2025 in the chart:

Kenya Consolidated Fiscal Balance: % of GDP

What was Kenya's Consolidated Fiscal Balance: % of GDP in Jun 2025?

Kenya Consolidated Fiscal Balance recorded a deficit equal to 5.9 % of its Nominal GDP in Jun 2025, compared with a deficit equal to 6.3 % in the previous quarter See the table below for more data.

Last Previous Min Max Unit Frequency Range
-5.9 Jun 2025 -6.3 Mar 2025 -9.7 Dec 2015 -3.3 Dec 2009 % quarterly Dec 2009 - Jun 2025

Consolidated Fiscal Balance: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) -0.7 2024 yearly 1997 - 2024
Algeria (%) -2.6 2022 yearly 1994 - 2022
Argentina (%) 0.3 Jun 2025 quarterly Dec 2004 - Jun 2025
Armenia (%) -3.4 Sep 2025 quarterly Dec 2002 - Sep 2025
Australia (%) -3.2 Sep 2025 quarterly Jun 2003 - Sep 2025
Austria (%) -4.9 Jun 2025 quarterly Dec 2001 - Jun 2025
Azerbaijan (%) 0.4 Jun 2021 monthly Dec 2004 - Jun 2021
Bahrain (%) -4.8 2023 yearly 1998 - 2023
Bangladesh (%) -4.7 2024 yearly 2006 - 2024
Belarus (%) -0.4 Sep 2021 quarterly Sep 2006 - Sep 2021
Belgium (%) -4.5 2024 yearly 1970 - 2024
Bolivia (%) -11.2 2024 yearly 1990 - 2024
Bosnia and Herzegovina (%) 1.9 Jun 2025 quarterly Dec 2008 - Jun 2025
Botswana (%) -4.4 Jun 2025 quarterly Mar 2004 - Jun 2025
Brazil (%) -6.9 Sep 2025 quarterly Dec 1997 - Sep 2025
Brunei (%) -13.3 2024 yearly 2010 - 2024
Bulgaria (%) -4.3 Sep 2025 quarterly Sep 2003 - Sep 2025
Cambodia (%) -4.1 2023 yearly 2007 - 2023
Canada (%) -1.3 Sep 2025 quarterly Jun 1993 - Sep 2025
Chile (%) -2.8 2024 yearly 1990 - 2024
China (%) -5.1 Sep 2025 quarterly Dec 1995 - Sep 2025
Colombia (%) -7.1 Mar 2025 quarterly Dec 2000 - Mar 2025
Croatia (%) -2.4 2024 yearly 2002 - 2024
Cyprus (%) 4.4 Jun 2025 quarterly Dec 1995 - Jun 2025
Czech Republic (%) -2.1 Jun 2025 quarterly Dec 1999 - Jun 2025
Denmark (%) 3.2 Jun 2025 quarterly Dec 1999 - Jun 2025
Ecuador (%) -2.8 Jun 2025 quarterly Dec 2000 - Jun 2025
Estonia (%) -0.9 Jun 2025 quarterly Dec 1999 - Jun 2025
European Union (%) -3.1 2024 yearly 1995 - 2024
Finland (%) -3.9 Jun 2025 quarterly Dec 1999 - Jun 2025
France (%) -5.5 Sep 2025 quarterly Dec 1949 - Sep 2025
Georgia (%) -1.9 Jun 2025 quarterly Dec 2006 - Jun 2025
Germany (%) -2.3 Sep 2025 quarterly Dec 1991 - Sep 2025
Ghana (%) -1.5 Jun 2025 quarterly Dec 2008 - Jun 2025
Greece (%) -1.3 Dec 2018 monthly Apr 1999 - Dec 2018
Hong Kong SAR, China (%) 1.3 Sep 2025 quarterly Mar 1997 - Sep 2025
Hungary (%) -3.4 Jun 2025 quarterly Dec 1999 - Jun 2025
Iceland (%) -2.0 Jun 2025 quarterly Mar 2002 - Jun 2025
India (%) -4.9 Sep 2025 quarterly Mar 2005 - Sep 2025
Indonesia (%) -2.7 Sep 2025 quarterly Dec 2014 - Sep 2025
Iran (%) -3.4 Mar 2021 quarterly Mar 2006 - Mar 2021
Ireland (%) 3.7 Jun 2025 quarterly Dec 2000 - Jun 2025
Israel (%) -4.8 Sep 2025 quarterly Dec 1999 - Sep 2025
Italy (%) -3.5 Mar 2025 quarterly Dec 1999 - Mar 2025
Ivory Coast (%) -4.0 2024 yearly 1960 - 2024
Japan (%) -4.6 2026 yearly 1996 - 2026
Jordan (%) 1.0 2018 yearly 1999 - 2018
Kazakhstan (%) -0.2 Sep 2025 quarterly Dec 2008 - Sep 2025
Kenya (%) -5.9 Jun 2025 quarterly Dec 2009 - Jun 2025
South Korea (%) -2.1 Sep 2025 quarterly Jun 2000 - Sep 2025
Kosovo (%) 0.2 Sep 2023 quarterly Dec 2010 - Sep 2023
Kuwait (%) -2.1 2024 yearly 1988 - 2024
Kyrgyzstan (%) 7.5 Sep 2025 monthly Jan 2007 - Sep 2025
Laos (%) 2.3 2024 yearly 2012 - 2024
Latvia (%) -1.7 Jun 2025 quarterly Dec 1999 - Jun 2025
Lebanon (%) 0.9 2021 yearly 1992 - 2021
Lithuania (%) -1.8 Jun 2025 quarterly Dec 1999 - Jun 2025
Luxembourg (%) 0.9 2024 yearly 1995 - 2024
Macau SAR, China (%) 7.4 Sep 2024 quarterly Dec 2003 - Sep 2024
North Macedonia (%) -4.6 2024 yearly 1993 - 2024
Malawi (%) -1.3 Sep 2025 monthly Apr 2005 - Sep 2025
Malaysia (%) -6.4 2024 yearly 1970 - 2024
Malta (%) -4.0 Jun 2025 quarterly Dec 1999 - Jun 2025
Mauritius (%) -9.3 Jun 2025 quarterly Dec 2010 - Jun 2025
Mexico (%) -4.1 Sep 2025 quarterly Dec 1980 - Sep 2025
Moldova (%) -3.9 2024 yearly 1998 - 2024
Mongolia (%) -4.2 Sep 2025 quarterly Dec 2000 - Sep 2025
Montenegro (%) -5.1 Sep 2025 quarterly Dec 2012 - Sep 2025
Morocco (%) -4.0 2024 yearly 1980 - 2024
Mozambique (%) -2.7 2016 yearly 1996 - 2016
Myanmar (%) -7.6 2021 yearly 1986 - 2021
Nepal (%) -10.0 2018 yearly 2012 - 2018
Netherlands (%) -1.4 Jun 2025 quarterly Dec 1999 - Jun 2025
New Zealand (%) -1.2 Jun 2025 quarterly Dec 1999 - Jun 2025
Nigeria (%) -4.0 Dec 2024 quarterly Dec 2010 - Dec 2024
Norway (%) 12.9 Jun 2025 quarterly Dec 2002 - Jun 2025
Oman (%) 2.3 Sep 2023 quarterly Dec 2005 - Sep 2023
Pakistan (%) -2.6 2025 yearly 2000 - 2025
Palestinian Territory (%) 1.4 2024 yearly 2010 - 2024
Panama (%) -7.9 2024 yearly 2003 - 2024
Paraguay (%) -0.7 Jun 2025 quarterly Dec 2003 - Jun 2025
Peru (%) -2.5 Sep 2025 quarterly Dec 1990 - Sep 2025
Philippines (%) -6.0 Sep 2025 quarterly Dec 1985 - Sep 2025
Poland (%) -6.5 2024 yearly 1995 - 2024
Portugal (%) 0.5 Jun 2025 quarterly Dec 1995 - Jun 2025
Qatar (%) -0.4 Jun 2025 quarterly Mar 2011 - Jun 2025
Romania (%) -8.6 Sep 2025 quarterly Dec 2004 - Sep 2025
Russia (%) -3.6 Jun 2025 quarterly Dec 1993 - Jun 2025
Saudi Arabia (%) -2.8 2024 yearly 1969 - 2024
Serbia (%) -2.8 Sep 2025 quarterly Dec 2005 - Sep 2025
Singapore (%) 2.2 Sep 2025 quarterly Mar 2012 - Sep 2025
Slovakia (%) -6.2 2020 yearly 1995 - 2020
Slovenia (%) -2.1 Sep 2025 quarterly Dec 2000 - Sep 2025
South Africa (%) -4.1 Sep 2025 quarterly Dec 1990 - Sep 2025
Spain (%) -3.2 Jun 2025 quarterly Dec 1995 - Jun 2025
Sri Lanka (%) -6.0 Jun 2025 quarterly Dec 2014 - Jun 2025
Sudan (%) -0.6 2021 yearly 2001 - 2021
Sweden (%) -1.6 2024 yearly 1995 - 2024
Switzerland (%) 0.5 2024 yearly 1990 - 2024

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Kenya Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.9 Jun 2025 quarterly Dec 2009 - Jun 2025
Tax Revenue (USD mn) 13,986.408 Apr 2025 monthly Sep 1999 - Apr 2025
Tax Revenue: % of GDP (%) 6.6 2024 yearly 2006 - 2024
National Government Debt (USD mn) 92,599.6 Aug 2025 monthly Sep 1999 - Aug 2025
Government Debt: % of GDP (%) 69.0 Jun 2025 quarterly Dec 2009 - Jun 2025
Forecast: Government Expenditure (KES bn) 6,515.675 2030 yearly 1982 - 2030
Forecast: Government Net Debt (KES bn) 19,848.135 2030 yearly 1998 - 2030
Forecast: Government Revenue (KES bn) 5,159.680 2030 yearly 1982 - 2030
Central Government Revenue and Grants: ytd: Revenue: Tax: Excise Duty (KES mn) 115,900.000 Nov 2024 monthly Sep 1999 - Nov 2024
Central Government Revenue and Grants: ytd: Revenue: Tax: VAT (KES mn) 248,200.000 Nov 2024 monthly Sep 1999 - Nov 2024
Central Government Expenditure: ytd: Development (KES mn) 158,000.000 Nov 2024 monthly Sep 1999 - Nov 2024
Central Government Revenue and Grants: ytd: Revenue (KES mn) 1,092,200.000 Nov 2024 monthly Sep 1999 - Nov 2024
Central Government Expenditure: ytd: Recurrent (KES mn) 1,093,000.000 Nov 2024 monthly Sep 1999 - Nov 2024
Central Government Expenditure: ytd (KES mn) 1,443,100.000 Nov 2024 monthly Sep 1999 - Nov 2024
Central Government Revenue and Grants: ytd: Revenue: Tax (KES mn) 679,400.000 Oct 2024 monthly Sep 1999 - Oct 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.212 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,175.1 Sep 2025 monthly Oct 1992 - Sep 2025
Total Exports (USD mn) 747.8 Sep 2025 monthly Aug 1998 - Sep 2025
Total Exports Growth (%) -25.1 Sep 2025 monthly Aug 1999 - Sep 2025
Aluminum: Exports (USD th) 6,652.580 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 137,291.301 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 36,135.594 2024 yearly 1995 - 2024
Total Imports (USD mn) 1,922.9 Sep 2025 monthly Aug 1998 - Sep 2025
Total Imports Growth (%) -3.6 Sep 2025 monthly Aug 1999 - Sep 2025
Imports: Medicament (USD th) 437,549.295 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 231,810.109 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 51.523 Aug 2025 monthly Jan 1998 - Aug 2025
Total Imports from USA (USD mn) 104.790 Sep 2025 monthly Jan 1998 - Sep 2025
Total Exports to China (USD mn) 13.522 Aug 2025 monthly Apr 1998 - Aug 2025
Total Imports from China (USD mn) 420.626 Aug 2025 monthly Jan 2001 - Aug 2025
Exports: Netherlands (KES mn) 4,460.730 Aug 2025 monthly Jan 1998 - Aug 2025
Exports: Tanzania (KES mn) 4,587.560 Aug 2025 monthly Jan 1998 - Aug 2025
Exports: Uganda (KES mn) 45,608.290 Aug 2025 monthly Jan 1998 - Aug 2025
Exports: United Kingdom (KES mn) 4,187.250 Aug 2025 monthly Jan 1998 - Aug 2025
Imports: India (KES mn) 22,399.370 Sep 2025 monthly Jan 1998 - Sep 2025
Imports: United Arab Emirates (KES mn) 31,773.490 Sep 2025 monthly Jan 1998 - Sep 2025
Imports: Saudi Arabia (KES mn) 12,239.950 Sep 2025 monthly Jan 1998 - Sep 2025
Imports: South Africa (KES mn) 7,255.640 Sep 2025 monthly Jan 1998 - Sep 2025
Imports: Italy (KES mn) 2,366.680 Aug 2025 monthly Jan 1998 - Aug 2025
Exports (KES mn) 96,644.470 Sep 2025 monthly Aug 1998 - Sep 2025
Imports (KES mn) 227,665.150 Nov 2024 monthly Aug 1998 - Nov 2024
Exports: Re-Exports (KES mn) 9,777.190 Nov 2024 monthly Aug 1998 - Nov 2024
Exports: Domestic: Horticulture (KES mn) 10,919.320 Dec 2024 monthly Aug 1998 - Dec 2024
Exports: Domestic: Tea (KES mn) 13,808.090 Dec 2024 monthly Aug 1998 - Dec 2024
Exports: Domestic: Cement (KES mn) 110.210 Dec 2024 monthly Aug 1998 - Dec 2024
Exports: Domestic: Chemicals (KES mn) 5,610.320 Dec 2024 monthly Aug 1998 - Dec 2024
Exports: Domestic: Coffee (KES mn) 2,025.080 Dec 2024 monthly Aug 1998 - Dec 2024
Imports: Mineral Fuels, Lubricants and Related Materials (KES mn) 46,977.700 Dec 2024 monthly Aug 1998 - Dec 2024
Imports: Food and Live Animals (KES mn) 17,032.330 Dec 2024 monthly Aug 1998 - Dec 2024
Imports: Manufactured Goods Classified Chiefly by Materials (KES mn) 35,443.980 Dec 2024 monthly Aug 1998 - Dec 2024
Imports: Chemicals (KES mn) 29,382.760 Dec 2024 monthly Aug 1998 - Dec 2024
Imports: Machinery and Transport Equipment (KES mn) 48,967.450 Dec 2024 monthly Aug 1998 - Dec 2024
Exports Volume Index (2009=100) 125.500 2022 yearly 2007 - 2022
Imports Volume Index (2009=100) 124.300 2022 yearly 2007 - 2022
Export Value Index (2015=100) 114.099 2021 yearly 1980 - 2021
Import Value Index (2015=100) 121.536 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 417.6 2024 yearly 2009 - 2024
Current Account Balance (USD mn) -124.0 Jun 2025 monthly Jan 2002 - Jun 2025
Current Account Balance: % of GDP (%) -1.9 Jun 2025 quarterly Mar 2009 - Jun 2025
Foreign Direct Investment (USD mn) 463.4 2024 yearly 1970 - 2024
Foreign Direct Investment: % of GDP (%) 0.4 2024 yearly 1996 - 2024
Foreign Portfolio Investment (USD mn) 430.625 2024 yearly 2009 - 2024
Foreign Portfolio Investment: % of GDP (%) 0.4 2024 yearly 2009 - 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -122.5 2024 yearly 2009 - 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 553.136 2024 yearly 2009 - 2024
External Debt (USD mn) 41,807.5 Aug 2025 monthly Sep 1999 - Aug 2025
External Debt: % of GDP (%) 31.2 2024 yearly 2006 - 2024
External Debt: Short Term (USD mn) 2,815.4 2023 yearly 1970 - 2023
External Debt: Short Term: % of GDP (%) 2.6 2023 yearly 1996 - 2023
Forecast: Current Account Balance (USD bn) -6.168 2030 yearly 1980 - 2030
Balance of Payment: Current Account (USD mn) -266.000 Jun 2024 monthly Dec 2014 - Jun 2024
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) -140.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account n.i.e (USD mn) -1,452.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Goods: Imports (USD mn) 5,221.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Goods (USD mn) -2,273.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Current Account: Goods: Exports (USD mn) 2,195.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Services (USD mn) 182.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Current Account: Services: Credit (USD mn) 1,438.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Capital Account: Credit n.i.e (USD mn) 10.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account: Direct Investment: Assets (USD mn) 110.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Services: Debit (USD mn) 1,293.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account: Portfolio Investment: Assets (USD mn) 71.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Capital Account n.i.e (USD mn) 10.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account: Direct Investment: Liabilities n.i.e (USD mn) 186.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account: Portfolio Investment: Liabilities n.i.e (USD mn) 135.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Capital Account: Debit (USD mn) 0.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account: Other Investment: Liabilities n.i.e (USD mn) 917.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Primary Income: Debit (USD mn) 912.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Primary Income: Credit (USD mn) 80.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Secondary Income: Credit n.i.e (USD mn) 2,004.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account: Other Investment: Assets (USD mn) -184.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account: Financial Derivatives: Net (USD mn) -18.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Secondary Income: Debit (USD mn) 32.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account n.i.e (USD mn) -1,260.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account: Direct Investment: Liabilities (KES mn) 101,915.400 2023 yearly 2009 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 15.1 Jun 2025 quarterly Mar 2016 - Jun 2025
Non-Performing Loans (USD mn) 2,674.259 Dec 2019 monthly Apr 2001 - Dec 2019
Money Supply M1 (USD mn) 17,804.587 Sep 2025 monthly Dec 1995 - Sep 2025
Money Supply M2 (USD mn) 39,983.357 Sep 2025 monthly Dec 1995 - Sep 2025
M2 Growth (%) 27.8 Sep 2025 monthly Dec 1996 - Sep 2025
Reserve Requirement Ratio (%) 4.3 Mar 2023 monthly Dec 1999 - Mar 2023
Foreign Exchange Reserves (USD mn) 11,480.5 Aug 2025 monthly Dec 2000 - Aug 2025
Foreign Exchange Reserves: % of GDP (%) 8.977 Jun 2025 quarterly Dec 2009 - Jun 2025
Foreign Exchange Reserves: Months of Import (NA) 5.0 Aug 2025 monthly Sep 2005 - Aug 2025
Gold Reserves (USD mn) 2.237 Oct 2025 monthly Sep 1973 - Oct 2025
Total Deposits (USD mn) 43,578.237 Jun 2025 monthly Jan 1999 - Jun 2025
Total Deposits Growth (%) 6.5 Jun 2025 monthly Jan 2000 - Jun 2025
Domestic Credit (USD mn) 52,325.8 Jul 2025 monthly Dec 1995 - Jul 2025
Domestic Credit Growth (%) 8.0 Jul 2025 monthly Dec 1996 - Jul 2025
Total Loans (USD mn) 58,481.108 Jun 2025 monthly Jan 1999 - Jun 2025
Total Loans Growth (%) 10.54 Jun 2025 monthly Jan 2000 - Jun 2025
Private Debt: % of Nominal GDP (%) 27.48 Jun 2025 quarterly Dec 2009 - Jun 2025
Money Supply: M3 (KES mn) 5,488,738.058 Dec 2024 monthly Dec 1995 - Dec 2024
Money Supply: M3: M2 (KES mn) 4,231,335.358 Dec 2024 monthly Dec 1995 - Dec 2024
Money Supply: M3: M2: M1 (KES mn) 2,121,395.209 Dec 2024 monthly Dec 1995 - Dec 2024

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