Kenya Forecast: Government Expenditure

1982 - 2028 | Yearly | KES bn | International Monetary Fund

Key information about Kenya Forecast: Government Expenditure

  • Kenya Government Expenditure is forecasted to be 3,531.408 KES bn in Dec 2023 as reported by International Monetary Fund.
  • It records an increase from the last reported number of 3,211.254 KES bn in Dec 2022.
  • Looking ahead, Kenya Government Expenditure is projected to stand at 5,768.072 KES bn in Dec 2028.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Total Expenditure.

View Kenya's Forecast: Government Expenditure from 1982 to 2028 in the chart:

Kenya Forecast: Government Expenditure

What is Kenya's Forecast: Government Expenditure in 2028?

Kenya Government Expenditure is forecasted to be 3,531.408 KES bn in Dec 2023 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
5,768.072 2028 5,181.897 2027 21.554 1982 5,768.072 2028 KES bn yearly 1982 - 2028

Forecast: Government Expenditure by Country Comparison

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Includes Forecast: Government Expenditure on 194 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Afghanistan (AFA bn) 432.266 2020 yearly 2002 - 2020
Albania (ALL bn) 859.713 2028 yearly 1997 - 2028
Algeria (DZD bn) 14,465.231 2028 yearly 1990 - 2028
Andorra (%) 35.036 2028 yearly 2001 - 2028
Angola (AOA bn) 24,324.541 2028 yearly 1996 - 2028
Antigua and Barbuda (XCD bn) 1.408 2028 yearly 1990 - 2028
Argentina (ARS bn) 411,153.841 2028 yearly 1993 - 2028
Armenia (AMD bn) 4,062.704 2028 yearly 2005 - 2028
Aruba (%) 23.397 2028 yearly 1995 - 2028
Australia (AUD bn) 1,177.946 2028 yearly 1988 - 2028
Austria (EUR bn) 293.391 2028 yearly 1988 - 2028
Azerbaijan (AZN bn) 50.242 2028 yearly 1994 - 2028
Bahamas (BSD bn) 3.889 2028 yearly 1990 - 2028
Bahrain (BHD bn) 5.426 2028 yearly 1990 - 2028
Bangladesh (BDT bn) 7,011.275 2024 yearly 1980 - 2024
Barbados (BBD bn) 4.794 2029 yearly 1995 - 2029
Belarus (BYN bn) 103.660 2028 yearly 2001 - 2028
Belgium (EUR bn) 389.300 2028 yearly 1980 - 2028
Belize (BZD bn) 1.756 2028 yearly 1996 - 2028
Benin (XOF bn) 3,427.997 2028 yearly 1989 - 2028
Bhutan (BTN bn) 127.721 2028 yearly 1981 - 2028
Bolivia (BOB bn) 128.525 2028 yearly 1984 - 2028
Bosnia and Herzegovina (BAM bn) 26.436 2028 yearly 1998 - 2028
Botswana (BWP bn) 114.976 2029 yearly 1981 - 2029
Brazil (BRL bn) 5,570.005 2028 yearly 1996 - 2028
Brunei (BND bn) 5.719 2028 yearly 1980 - 2028
Bulgaria (BGN bn) 87.595 2028 yearly 1998 - 2028
Burkina Faso (XOF bn) 4,572.948 2028 yearly 1985 - 2028
Burundi (BIF bn) 5,584.965 2028 yearly 1990 - 2028
Cambodia (KHR bn) 53,575.048 2028 yearly 1996 - 2028
Cameroon (XAF bn) 6,979.459 2028 yearly 2000 - 2028
Canada (CAD bn) 1,403.695 2028 yearly 1980 - 2028
Cape Verde (CVE bn) 92.792 2028 yearly 1994 - 2028
Central African Republic (XAF bn) 408.067 2028 yearly 1988 - 2028
Chad (XAF bn) 1,474.600 2028 yearly 1995 - 2028
Chile (CLP bn) 94,716.909 2028 yearly 1990 - 2028
China (RMB bn) 55,111.452 2028 yearly 1982 - 2028
Colombia (COP bn) 709,485.069 2028 yearly 1982 - 2028
Comoros (KMF bn) 154.868 2028 yearly 1984 - 2028
Congo (XAF bn) 2,414.753 2028 yearly 1989 - 2028
Costa Rica (CRC bn) 10,833.234 2028 yearly 1990 - 2028
Croatia (EUR bn) 42.629 2028 yearly 1992 - 2028
Cyprus (EUR bn) 14.689 2028 yearly 1995 - 2028
Czech Republic (CZK bn) 4,143.547 2028 yearly 1995 - 2028
Democratic Republic of Congo (CDF bn) 51,435.523 2028 yearly 1996 - 2028
Denmark (DKK bn) 1,697.244 2028 yearly 1980 - 2028
Djibouti (DJF bn) 204.912 2028 yearly 1990 - 2028
Dominica (XCD bn) 1.081 2028 yearly 1990 - 2028
Dominican Republic (DOP bn) 1,834.914 2028 yearly 1997 - 2028
Ecuador (USD bn) 41.946 2022 yearly 1995 - 2022
Egypt (EGP bn) 5,223.196 2028 yearly 1999 - 2028
El Salvador (SVC bn) 12.433 2028 yearly 1990 - 2028
Equatorial Guinea (XAF bn) 1,064.213 2028 yearly 1980 - 2028
Eritrea (ERN bn) 18.482 2028 yearly 1992 - 2028
Estonia (EUR bn) 23.181 2028 yearly 1995 - 2028
Swaziland (SZL bn) 36.245 2029 yearly 1981 - 2029
Ethiopia (ETB bn) 3,443.409 2028 yearly 1980 - 2028
Fiji (FJD bn) 4.840 2028 yearly 1992 - 2028
Finland (EUR bn) 180.279 2028 yearly 1980 - 2028
France (EUR bn) 1,827.326 2028 yearly 1980 - 2028
Gabon (XAF bn) 2,894.299 2028 yearly 1990 - 2028
Gambia (GMD bn) 47.026 2028 yearly 2000 - 2028
Georgia (GEL bn) 33.541 2028 yearly 1995 - 2028
Germany (EUR bn) 2,330.911 2028 yearly 1991 - 2028
Ghana (GHS bn) 435.057 2028 yearly 1980 - 2028
Greece (EUR bn) 116.091 2028 yearly 1980 - 2028
Grenada (XCD bn) 1.346 2028 yearly 1990 - 2028
Guatemala (GTQ bn) 159.213 2028 yearly 1995 - 2028
Guinea (GNF bn) 65,586.839 2028 yearly 1990 - 2028
Guinea-Bissau (GWP bn) 342.585 2028 yearly 1991 - 2028
Guyana (GYD bn) 954.634 2028 yearly 1997 - 2028
Haiti (HTG bn) 706.868 2028 yearly 1997 - 2028
Honduras (HNL bn) 189.860 2022 yearly 1990 - 2022
Hong Kong SAR, China (HKD bn) 903.868 2029 yearly 1982 - 2029
Hungary (HUF bn) 41,885.306 2028 yearly 1995 - 2028
Iceland (ISK bn) 2,127.586 2028 yearly 1980 - 2028
India (INR bn) 139,967.744 2029 yearly 1989 - 2029
Indonesia (IDR bn) 5,328,687.958 2028 yearly 1993 - 2028
Iran (IRR bn) 84,082,028.241 2029 yearly 1991 - 2029
Iraq (IQD bn) 176,670.396 2028 yearly 2004 - 2028
Ireland (EUR bn) 150.352 2028 yearly 1980 - 2028
Israel (ILS bn) 956.089 2028 yearly 2000 - 2028
Italy (EUR bn) 1,154.373 2028 yearly 1988 - 2028
Ivory Coast (XOF bn) 14,299.569 2028 yearly 1997 - 2028
Jamaica (JMD bn) 1,100.620 2029 yearly 1991 - 2029
Japan (JPY bn) 254,921.347 2028 yearly 1980 - 2028
Jordan (JOD bn) 14.048 2028 yearly 1985 - 2028
Kazakhstan (KZT bn) 38,523.896 2028 yearly 2002 - 2028
Kenya (KES bn) 5,768.072 2028 yearly 1982 - 2028
Kiribati (AUD bn) 0.503 2028 yearly 1990 - 2028
South Korea (KRW bn) 699,535.912 2028 yearly 1995 - 2028
Kosovo (EUR bn) 3.887 2028 yearly 2000 - 2028
Kuwait (KWD bn) 27.920 2028 yearly 1990 - 2028
Kyrgyzstan (KGS bn) 659.471 2028 yearly 1995 - 2028
Laos (LAK bn) 50,372.610 2022 yearly 2000 - 2022
Latvia (EUR bn) 21.795 2028 yearly 1998 - 2028
Lebanon (LBP bn) 18,711.559 2020 yearly 1990 - 2020
Lesotho (LSL bn) 30.915 2029 yearly 1983 - 2029
Liberia (LRD bn) 1.671 2028 yearly 2000 - 2028
Libya (LYD bn) 145.547 2028 yearly 1990 - 2028

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Kenya Key Series

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Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.0 Sep 2022 quarterly Dec 2009 - Sep 2022
Tax Revenue (USD mn) 9,845.847 Feb 2023 monthly Sep 1999 - Feb 2023
Tax Revenue: % of GDP (%) 7.2 2021 yearly 2006 - 2021
National Government Debt (USD mn) 74.1 Dec 2022 monthly Sep 1999 - Dec 2022
Government Debt: % of GDP (%) 66.9 Sep 2022 quarterly Dec 2009 - Sep 2022
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) 222,092.280 Nov 2022 monthly Sep 1999 - Nov 2022
Central Government Revenue and Grants: ytd: Revenue: Tax: Excise Duty (KES mn) 130.340 Dec 2022 monthly Sep 1999 - Dec 2022
Central Government Expenditure: ytd: Development (KES mn) 261,694.659 Feb 2023 monthly Sep 1999 - Feb 2023
Central Government Revenue and Grants: ytd: Revenue (KES mn) 1,310.800 Jan 2023 monthly Sep 1999 - Jan 2023
Central Government Expenditure: ytd: Recurrent (KES mn) 1,004.430 Dec 2022 monthly Sep 1999 - Dec 2022
Central Government Revenue and Grants: ytd: Revenue: Tax (KES mn) 757,837.422 Nov 2022 monthly Sep 1999 - Nov 2022
Central Government Expenditure: ytd (KES mn) 1,817,182.866 Feb 2023 monthly Sep 1999 - Feb 2023
Central Government Surplus or Deficit (KES bn) -478.312 2020 yearly 1998 - 2020
Central Government Debt: Domestic (KES mn) 4,472.840 Dec 2022 monthly Sep 1999 - Dec 2022
Central Government Debt: External (KES mn) 4,462,891.060 Nov 2022 monthly Sep 1999 - Nov 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.306 2027 yearly 1980 - 2027
Trade Balance (USD mn) -786.3 Feb 2023 monthly Oct 1992 - Feb 2023
Total Exports (USD mn) 560.0 Dec 2022 monthly Aug 1998 - Dec 2022
Total Exports Growth (%) 9.0 Feb 2023 monthly Aug 1999 - Feb 2023
Aluminum: Exports (USD th) 4,204.290 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 115,631.792 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 15,897.730 2021 yearly 1995 - 2021
Total Imports (USD mn) 1,397.3 Feb 2023 monthly Aug 1998 - Feb 2023
Total Imports Growth (%) -4.6 Feb 2023 monthly Aug 1999 - Feb 2023
Imports: Medicament (USD th) 531,508.662 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 195,063.899 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 44.475 Jan 2023 monthly Jan 1998 - Jan 2023
Total Imports from USA (USD mn) 45.964 Feb 2023 monthly Jan 1998 - Feb 2023
Total Exports to China (USD mn) 21.132 Jan 2023 monthly Apr 1998 - Jan 2023
Total Imports from China (USD mn) 246.279 Jan 2023 monthly Jan 2001 - Jan 2023
Imports (KES mn) 175,288.560 Feb 2023 monthly Aug 1998 - Feb 2023
Exports (KES mn) 76,650.530 Feb 2023 monthly Aug 1998 - Feb 2023
Exports: Re-Exports (KES mn) 7,638.610 Jan 2023 monthly Aug 1998 - Jan 2023
Exports: Domestic: Horticulture (KES mn) 8,854.040 Nov 2022 monthly Aug 1998 - Nov 2022
Exports: Domestic: Tea (KES mn) 14,892.050 Dec 2022 monthly Aug 1998 - Dec 2022
Exports: Domestic: Cement (KES mn) 518.540 Jan 2023 monthly Aug 1998 - Jan 2023
Exports: Domestic: Chemicals (KES mn) 6,828.760 Dec 2022 monthly Aug 1998 - Dec 2022
Exports: Domestic: Coffee (KES mn) 1,517.280 Dec 2022 monthly Aug 1998 - Dec 2022
Exports: Netherlands (KES mn) 5,920.280 Dec 2022 monthly Jan 1998 - Dec 2022
Exports: Tanzania (KES mn) 4,403.730 Jan 2023 monthly Jan 1998 - Jan 2023
Exports: Uganda (KES mn) 7,972.650 Dec 2022 monthly Jan 1998 - Dec 2022
Exports: United Kingdom (KES mn) 3,529.280 Dec 2022 monthly Jan 1998 - Dec 2022
Imports: Mineral Fuels, Lubricants and Related Materials (KES mn) 50,155.570 Dec 2022 monthly Aug 1998 - Dec 2022
Imports: Manufactured Goods Classified Chiefly by Materials (KES mn) 29,151.700 Dec 2022 monthly Aug 1998 - Dec 2022
Imports: Food and Live Animals (KES mn) 26,248.760 Dec 2022 monthly Aug 1998 - Dec 2022
Imports: Chemicals (KES mn) 30,847.920 Dec 2022 monthly Aug 1998 - Dec 2022
Imports: Machinery and Transport Equipment (KES mn) 36,490.930 Dec 2022 monthly Aug 1998 - Dec 2022
Imports: India (KES mn) 16,352.060 Dec 2022 monthly Jan 1998 - Dec 2022
Imports: Saudi Arabia (KES mn) 1,847.970 Dec 2022 monthly Jan 1998 - Dec 2022
Imports: United Arab Emirates (KES mn) 48,889.100 Dec 2022 monthly Jan 1998 - Dec 2022
Imports Volume Index (2009=100) 126.600 2021 yearly 2007 - 2021
Exports Volume Index (2009=100) 130.100 2021 yearly 2007 - 2021
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 (%) -5.7 Sep 2022 quarterly Mar 2009 - Sep 2022
Foreign Direct Investment (USD mn) 463.4 2021 yearly 1970 - 2021
Foreign Direct Investment: % of GDP (%) 0.4 2021 yearly 1996 - 2021
Foreign Portfolio Investment (USD mn) 842.131 2021 yearly 2009 - 2021
Foreign Portfolio Investment: % of GDP (%) 0.8 2021 yearly 2009 - 2021
Foreign Portfolio Investment: Equity Securities (USD mn) -97.5 2021 yearly 2009 - 2021
Foreign Portfolio Investment: Debt Securities (USD mn) 939.586 2021 yearly 2009 - 2021
External Debt (USD mn) 37.9 Dec 2022 monthly Sep 1999 - Dec 2022
External Debt: % of GDP (%) 34.5 2021 yearly 2006 - 2021
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) -36,025.964 2018 yearly 2008 - 2018
KE: IIP: Liabilities (USD mn) 52,968.195 2018 yearly 2008 - 2018
KE: IIP: Assets (USD mn) 16,942.231 2018 yearly 2008 - 2018
Balance of Payment: Current Account (USD mn) -572.000 Jun 2022 monthly Dec 2014 - Jun 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) -101.000 Jun 2022 quarterly Mar 2015 - Jun 2022
BoP: Current Account n.i.e (USD mn) -1,588.000 Jun 2022 quarterly Mar 2015 - Jun 2022
BoP: Current Account: Goods (USD mn) -1,218.000 Sep 2022 quarterly Mar 2015 - Sep 2022
BoP: Current Account: Goods: Imports (USD mn) 5,128.000 Jun 2022 quarterly Mar 2015 - Jun 2022
BoP: Current Account: Services (USD mn) 463.000 Sep 2022 quarterly Mar 2015 - Sep 2022
BoP: Current Account: Services: Credit (USD mn) 1,543.000 Dec 2022 quarterly Mar 2015 - Dec 2022
BoP: Capital Account: Credit n.i.e (USD mn) 51.000 Jun 2022 quarterly Mar 2015 - Jun 2022
BoP: Current Account: Services: Debit (USD mn) 1,283.000 Sep 2022 quarterly Mar 2015 - Sep 2022
BoP: Capital Account n.i.e (USD mn) 6.000 Sep 2022 quarterly Mar 2015 - Sep 2022
BoP: Current Account: Goods: Exports (USD mn) 1,912.000 Sep 2022 quarterly Mar 2015 - Sep 2022
BoP: Capital Account: Debit (USD mn) 0.000 Jun 2022 quarterly Mar 2015 - Jun 2022
BoP: Financial Account n.i.e (USD mn) -2,852.000 Sep 2022 quarterly Mar 2015 - Sep 2022
BoP: Financial Account: Direct Investment: Assets (USD mn) 0.000 Dec 2022 quarterly Mar 2015 - Dec 2022
BoP: Financial Account: Direct Investment: Liabilities n.i.e (USD mn) 153.000 Jun 2022 quarterly Mar 2015 - Jun 2022
BoP: Financial Account: Financial Derivatives: Net (USD mn) 0.000 Sep 2018 quarterly Mar 2015 - Sep 2018
BoP: Financial Account: Portfolio Investment: Liabilities n.i.e (USD mn) -89.000 Jun 2022 quarterly Mar 2015 - Jun 2022
BoP: Financial Account: Portfolio Investment: Assets (USD mn) 150.000 Jun 2022 quarterly Mar 2015 - Jun 2022
BoP: Financial Account: Other Investment: Liabilities n.i.e (USD mn) 993.000 Sep 2018 quarterly Mar 2015 - Sep 2018
BoP: Financial Account: Other Investment: Assets (USD mn) -56.000 Jun 2022 quarterly Mar 2015 - Jun 2022
BoP: Current Account: Primary Income: Credit (USD mn) 22.000 Sep 2022 quarterly Mar 2015 - Sep 2022
BoP: Current Account: Primary Income: Debit (USD mn) 440.000 Sep 2022 quarterly Mar 2015 - Sep 2022
BoP: Current Account: Secondary Income: Debit (USD mn) 16.000 Sep 2022 quarterly Mar 2015 - Sep 2022
BoP: Current Account: Secondary Income: Credit n.i.e (USD mn) 1,570.000 Sep 2022 quarterly Mar 2015 - Sep 2022
BoP: Financial Account: Direct Investment: Liabilities (KES mn) 50,800.500 2021 yearly 2009 - 2021
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) 15,155.271 Feb 2023 monthly Dec 1995 - Feb 2023
Money Supply M2 (USD mn) 29.288 Dec 2022 monthly Dec 1995 - Dec 2022
M2 Growth (%) 5.5 Feb 2023 monthly Dec 1996 - Feb 2023
Reserve Requirement Ratio (%) 4.3 Mar 2023 monthly Dec 1999 - Mar 2023
Foreign Exchange Reserves (USD mn) 7,494.8 Jan 2023 monthly Dec 2000 - Jan 2023
Foreign Exchange Reserves: % of GDP (%) 6.906 Sep 2022 quarterly Dec 2009 - Sep 2022
Foreign Exchange Reserves: Months of Import (NA) 4.0 Feb 2023 monthly Sep 2005 - Feb 2023
Gold Reserves (USD mn) 1.013 Dec 2022 monthly Sep 1973 - Dec 2022
Total Deposits (USD mn) 40,651.623 Dec 2022 monthly Jan 1999 - Dec 2022
Total Deposits Growth (%) 7.6 Jun 2022 monthly Jan 2000 - Jun 2022
Domestic Credit (USD mn) 44,340.4 Feb 2023 monthly Dec 1995 - Feb 2023
Domestic Credit Growth (%) 12.7 Feb 2023 monthly Dec 1996 - Feb 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 (%) 25.33 Jun 2022 quarterly Dec 2009 - Jun 2022
Money Supply: M3: M2 (KES mn) 3,613.400 Dec 2022 monthly Dec 1995 - Dec 2022
Money Supply: M3 (KES mn) 4,534.500 Dec 2022 monthly Dec 1995 - Dec 2022

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