Kenya Forecast: Government Net Debt

1998 - 2031 | Yearly | KES bn | International Monetary Fund

Key information about Kenya Forecast: Government Net Debt

  • Kenya Government Net Debt is forecasted to be 13,957.609 KES bn in Dec 2026 as reported by International Monetary Fund.
  • It records an increase from the last reported number of 12,229.541 KES bn in Dec 2025.
  • Looking ahead, Kenya Government Net Debt is projected to stand at 24,174.502 KES bn in Dec 2031.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Gross Debt.

View Kenya's Forecast: Government Net Debt from 1998 to 2031 in the chart:

Kenya Forecast: Government Net Debt

What is Kenya's Forecast: Government Net Debt in 2031?

Kenya Government Net Debt is forecasted to be 13,957.609 KES bn in Dec 2026 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
24,174.502 2031 21,696.337 2030 479.440 1998 24,174.502 2031 KES bn yearly 1998 - 2031

Forecast: Government Net Debt by Country Comparison

country/region Last Frequency Range
Afghanistan (AFA bn) 0.000 yearly -
Albania (ALL bn) 1,842.138 2031 yearly 1997 - 2031
Algeria (DZD bn) 46,429.136 2031 yearly 1991 - 2031
Angola (AOA bn) 148,671.062 2031 yearly 2000 - 2031
Antigua and Barbuda (XCD bn) 4.688 2031 yearly 1990 - 2031
Argentina (ARS bn) 1,135,016.071 2031 yearly 1992 - 2031
Armenia (AMD bn) 8,511.017 2031 yearly 1996 - 2031
Australia (AUD bn) 1,836.786 2031 yearly 1989 - 2031
Austria (EUR bn) 536.008 2031 yearly 1988 - 2031
Azerbaijan (AZN bn) 36.438 2031 yearly 1995 - 2031
Bahamas (BSD bn) 12.302 2031 yearly 1990 - 2031
Bahrain (BHD bn) 37.024 2031 yearly 1990 - 2031
Bangladesh (BDT bn) 51,666.846 2031 yearly 2003 - 2031
Barbados (BBD bn) 14.985 2032 yearly 1995 - 2032
Belarus (BYN bn) 124.226 2031 yearly 2004 - 2031
Belgium (EUR bn) 926.271 2031 yearly 1980 - 2031
Belize (BZD bn) 4.122 2023 yearly 2001 - 2023
Benin (XOF bn) 11,705.649 2031 yearly 1998 - 2031
Bhutan (BTN bn) 668.684 2031 yearly 1993 - 2031
Bolivia (BOB bn) 568.866 2026 yearly 2000 - 2026
Bosnia and Herzegovina (BAM bn) 33.159 2031 yearly 1998 - 2031
Botswana (BWP bn) 281.503 2032 yearly 1999 - 2032
Brazil (BRL bn) 19,545.654 2031 yearly 2000 - 2031
Brunei (BND bn) 0.327 2031 yearly 1980 - 2031
Bulgaria (BGN bn) 61.343 2031 yearly 1998 - 2031
Burkina Faso (XOF bn) 12,214.696 2031 yearly 2002 - 2031
Burundi (BIF bn) 16,456.023 2031 yearly 2000 - 2031
Cambodia (KHR bn) 86,697.368 2031 yearly 1996 - 2031
Cameroon (XAF bn) 16,462.067 2031 yearly 1998 - 2031
Canada (CAD bn) 3,127.329 2028 yearly 1980 - 2028
Cape Verde (CVE bn) 329.093 2031 yearly 1997 - 2031
Central African Republic (XAF bn) 2,183.806 2031 yearly 1997 - 2031
Chad (XAF bn) 5,184.630 2031 yearly 1999 - 2031
Chile (CLP bn) 230,572.348 2031 yearly 1991 - 2031
China (RMB bn) 240,212.113 2031 yearly 1995 - 2031
Colombia (COP bn) 1,618,852.942 2031 yearly 1996 - 2031
Comoros (KMF bn) 276.803 2031 yearly 1984 - 2031
Congo (XAF bn) 7,848.301 2031 yearly 1989 - 2031
Costa Rica (CRC bn) 42,544.877 2031 yearly 1996 - 2031
Croatia (EUR bn) 73.731 2031 yearly 1998 - 2031
Cyprus (EUR bn) 15.890 2031 yearly 1995 - 2031
Czech Republic (CZK bn) 5,836.992 2031 yearly 1995 - 2031
Democratic Republic of Congo (CDF bn) 166,606.147 2031 yearly 2000 - 2031
Denmark (DKK bn) 1,125.692 2031 yearly 1992 - 2031
Djibouti (DJF bn) 188.006 2031 yearly 2009 - 2031
Dominica (XCD bn) 1.331 2025 yearly 1990 - 2025
Dominican Republic (DOP bn) 6,653.467 2031 yearly 1997 - 2031
Ecuador (USD bn) 70.915 2025 yearly 2001 - 2025
Egypt (EGP bn) 27,592.914 2031 yearly 1998 - 2031
El Salvador (SVC bn) 38.848 2031 yearly 1991 - 2031
Equatorial Guinea (XAF bn) 3,933.113 2031 yearly 1980 - 2031
Eritrea (ERN bn) 77.796 2019 yearly 2000 - 2019
Estonia (EUR bn) 22.883 2031 yearly 1995 - 2031
Swaziland (SZL bn) 69.947 2032 yearly 1994 - 2032
Ethiopia (ETB bn) 3,383.557 2025 yearly 1992 - 2025
Fiji (FJD bn) 14.168 2031 yearly 1992 - 2031
Finland (EUR bn) 345.972 2031 yearly 1980 - 2031
France (EUR bn) 3,784.636 2028 yearly 1980 - 2028
Gabon (XAF bn) 19,585.417 2031 yearly 1990 - 2031
Gambia (GMD bn) 148.390 2031 yearly 2000 - 2031
Georgia (GEL bn) 57.634 2031 yearly 2000 - 2031
Germany (EUR bn) 3,991.688 2031 yearly 1991 - 2031
Ghana (GHS bn) 1,260.307 2031 yearly 1990 - 2031
Greece (EUR bn) 350.588 2031 yearly 1980 - 2031
Grenada (XCD bn) 3.386 2031 yearly 1991 - 2031
Guatemala (GTQ bn) 428.107 2031 yearly 2000 - 2031
Guinea (GNF bn) 140,002.750 2031 yearly 1990 - 2031
Guinea-Bissau (GWP bn) 1,544.892 2031 yearly 1997 - 2031
Guyana (GYD bn) 3,202.282 2031 yearly 1997 - 2031
Haiti (HTG bn) 1,132.785 2031 yearly 1997 - 2031
Honduras (HNL bn) 563.489 2031 yearly 1990 - 2031
Hong Kong SAR, China (HKD bn) 885.007 2032 yearly 2005 - 2032
Hungary (HUF bn) 103,732.809 2031 yearly 1995 - 2031
Iceland (ISK bn) 2,969.169 2031 yearly 1982 - 2031
India (INR bn) 498,272.236 2032 yearly 1992 - 2032
Indonesia (IDR bn) 15,850,140.853 2031 yearly 2000 - 2031
Iran (IRR bn) 919,689,132.630 2032 yearly 1997 - 2032
Iraq (IQD bn) 330,759.548 2031 yearly 2004 - 2031
Ireland (EUR bn) 220.890 2031 yearly 1990 - 2031
Israel (ILS bn) 2,199.025 2031 yearly 2000 - 2031
Italy (EUR bn) 3,138.281 2028 yearly 1988 - 2028
Ivory Coast (XOF bn) 46,124.094 2031 yearly 1997 - 2031
Jamaica (JMD bn) 3,214.399 2032 yearly 2000 - 2032
Japan (JPY bn) 1,506,421.281 2031 yearly 1980 - 2031
Jordan (JOD bn) 45.285 2031 yearly 1988 - 2031
Kazakhstan (KZT bn) 104,770.347 2031 yearly 2002 - 2031
Kenya (KES bn) 24,174.502 2031 yearly 1998 - 2031
Kiribati (AUD bn) 0.262 2031 yearly 1988 - 2031
South Korea (KRW bn) 2,147,968.047 2031 yearly 1990 - 2031
Kosovo (EUR bn) 3.922 2031 yearly 2006 - 2031
Kuwait (KWD bn) 23.230 2031 yearly 1991 - 2031
Kyrgyzstan (KGS bn) 1,690.360 2031 yearly 2000 - 2031
Laos (LAK bn) 152,655.509 2022 yearly 2001 - 2022
Latvia (EUR bn) 31.543 2031 yearly 1998 - 2031
Lebanon (LBP bn) 4,304,038.492 2025 yearly 2000 - 2025
Lesotho (LSL bn) 32.892 2032 yearly 1989 - 2032
Liberia (LRD bn) 3.438 2031 yearly 2000 - 2031
Libya (LYD bn) 140.430 2021 yearly 1990 - 2021
Lithuania (EUR bn) 64.613 2031 yearly 1998 - 2031
Luxembourg (EUR bn) 40.420 2031 yearly 1995 - 2031

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Kenya Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.0 Sep 2025 quarterly Dec 2009 - Sep 2025
Tax Revenue (USD mn) 13,337.007 Mar 2026 monthly Sep 1999 - Mar 2026
Tax Revenue: % of GDP (%) 6.6 2025 yearly 2006 - 2025
National Government Debt (USD mn) 95,337.3 Dec 2025 monthly Sep 1999 - Dec 2025
Government Debt: % of GDP (%) 68.9 Sep 2025 quarterly Dec 2009 - Sep 2025
Forecast: Government Expenditure (KES bn) 7,377.502 2031 yearly 1982 - 2031
Forecast: Government Net Debt (KES bn) 24,174.502 2031 yearly 1998 - 2031
Forecast: Government Revenue (KES bn) 5,344.364 2031 yearly 1982 - 2031
Central Government Revenue and Grants: ytd: Revenue: Tax: VAT (KES mn) 533,242.771 Mar 2026 monthly Sep 1999 - Mar 2026
Central Government Expenditure: ytd: Development (KES mn) 461,563.216 Mar 2026 monthly Sep 1999 - Mar 2026
Central Government Revenue and Grants: ytd: Revenue: Tax: Excise Duty (KES mn) 231,764.560 Mar 2026 monthly Sep 1999 - Mar 2026
Central Government Revenue and Grants: ytd: Revenue (KES mn) 2,229,507.786 Mar 2026 monthly Sep 1999 - Mar 2026
Central Government Expenditure: ytd: Recurrent (KES mn) 2,349,658.530 Mar 2026 monthly Sep 1999 - Mar 2026
Central Government Expenditure: ytd (KES mn) 3,109,699.034 Mar 2026 monthly Sep 1999 - Mar 2026
Central Government Revenue and Grants: ytd: Revenue: Tax (KES mn) 1,726,227.902 Mar 2026 monthly Sep 1999 - Mar 2026
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.212 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,274.7 Mar 2026 monthly Oct 1992 - Mar 2026
Total Exports (USD mn) 784.7 Feb 2026 monthly Aug 1998 - Feb 2026
Total Exports Growth (%) 10.5 Mar 2026 monthly Aug 1999 - Mar 2026
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) 1,745.7 Feb 2026 monthly Aug 1998 - Feb 2026
Total Imports Growth (%) 25.7 Mar 2026 monthly Aug 1999 - Mar 2026
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) 84.227 Mar 2026 monthly Jan 1998 - Mar 2026
Total Imports from USA (USD mn) 46.749 Mar 2026 monthly Jan 1998 - Mar 2026
Total Exports to China (USD mn) 5.614 Feb 2026 monthly Apr 1998 - Feb 2026
Total Imports from China (USD mn) 526.658 Mar 2026 monthly Jan 2001 - Mar 2026
Imports Volume Index (2009=100) 133.400 2025 yearly 2007 - 2025
Exports Volume Index (2009=100) 160.800 2025 yearly 2007 - 2025
Exports: Domestic: Horticulture (KES mn) 16,068.660 Mar 2026 monthly Aug 1998 - Mar 2026
Exports: Domestic: Cement (KES mn) 264.679 Mar 2026 monthly Aug 1998 - Mar 2026
Exports: Domestic: Chemicals (KES mn) 6,520.920 Mar 2026 monthly Aug 1998 - Mar 2026
Exports: Domestic: Coffee (KES mn) 6,919.920 Mar 2026 monthly Aug 1998 - Mar 2026
Exports: Domestic: Tea (KES mn) 15,287.300 Mar 2026 monthly Aug 1998 - Mar 2026
Exports: Netherlands (KES mn) 6,680.610 Mar 2026 monthly Jan 1998 - Mar 2026
Exports: Uganda (KES mn) 35,269.660 Mar 2026 monthly Jan 1998 - Mar 2026
Exports: Tanzania (KES mn) 5,488.880 Mar 2026 monthly Jan 1998 - Mar 2026
Exports: United Kingdom (KES mn) 6,236.920 Mar 2026 monthly Jan 1998 - Mar 2026
Imports: United Arab Emirates (KES mn) 19,151.380 Mar 2026 monthly Jan 1998 - Mar 2026
Imports: Saudi Arabia (KES mn) 24,597.130 Mar 2026 monthly Jan 1998 - Mar 2026
Imports: South Africa (KES mn) 7,533.700 Mar 2026 monthly Jan 1998 - Mar 2026
Imports: Italy (KES mn) 1,680.380 Mar 2026 monthly Jan 1998 - Mar 2026
Imports: India (KES mn) 49,079.870 Mar 2026 monthly Jan 1998 - Mar 2026
Imports: Food and Live Animals (KES mn) 26,964.440 Mar 2026 monthly Aug 1998 - Mar 2026
Imports: Chemicals (KES mn) 43,794.670 Mar 2026 monthly Aug 1998 - Mar 2026
Imports: Mineral Fuels, Lubricants and Related Materials (KES mn) 91,646.390 Mar 2026 monthly Aug 1998 - Mar 2026
Imports: Machinery and Transport Equipment (KES mn) 54,644.620 Mar 2026 monthly Aug 1998 - Mar 2026
Imports: Manufactured Goods Classified Chiefly by Materials (KES mn) 38,216.000 Mar 2026 monthly Aug 1998 - Mar 2026
Exports (KES mn) 105,310.810 Mar 2026 monthly Aug 1998 - Mar 2026
Imports (KES mn) 270,296.900 Mar 2026 monthly Aug 1998 - Mar 2026
Exports: Re-Exports (KES mn) 13,730.870 Mar 2026 monthly Aug 1998 - Mar 2026
Export Value Index (2015=100) 122.400 2023 yearly 1980 - 2023
Import Value Index (2015=100) 118.200 2023 yearly 1980 - 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 430.2 2025 yearly 2009 - 2025
Current Account Balance (USD mn) -386.0 Sep 2025 monthly Jan 2002 - Sep 2025
Current Account Balance: % of GDP (%) -2.2 Sep 2025 quarterly Mar 2009 - Sep 2025
Foreign Direct Investment (USD mn) 1,110.8 2025 yearly 1970 - 2025
Foreign Direct Investment: % of GDP (%) 0.8 2025 yearly 1996 - 2025
Foreign Portfolio Investment (USD mn) 1,846.554 2025 yearly 2009 - 2025
Foreign Portfolio Investment: % of GDP (%) 1.4 2025 yearly 2009 - 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -92.0 2025 yearly 2009 - 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 1,938.576 2025 yearly 2009 - 2025
External Debt (USD mn) 42,337.5 Dec 2025 monthly Sep 1999 - Dec 2025
External Debt: % of GDP (%) 31.1 2025 yearly 2006 - 2025
External Debt: Short Term (USD mn) 2,007.8 2024 yearly 1970 - 2024
External Debt: Short Term: % of GDP (%) 1.7 2024 yearly 1996 - 2024
Forecast: Current Account Balance (USD bn) -6.323 2031 yearly 1980 - 2031
Balance of Payment: Current Account (USD mn) -386.000 Sep 2025 monthly Dec 2014 - Sep 2025
BoP: Financial Account: Direct Investment: Liabilities (KES mn) 143,628.000 2025 yearly 2009 - 2025
BoP: Current Account n.i.e (USD mn) -711.000 Sep 2025 quarterly Mar 2015 - Sep 2025
Balance of Payments (BoP) (USD mn) 519.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Current Account: Goods: Exports (USD mn) 3,642.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Current Account: Goods (USD mn) -2,753.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Current Account: Goods: Imports (USD mn) 6,395.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Current Account: Services (USD mn) 443.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Capital Account n.i.e (USD mn) 23.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Current Account: Services: Debit (USD mn) 1,749.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Financial Account: Direct Investment: Liabilities n.i.e (USD mn) 269.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Financial Account: Portfolio Investment: Assets (USD mn) 194.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Capital Account: Debit (USD mn) 0.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Financial Account n.i.e (USD mn) -357.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Current Account: Services: Credit (USD mn) 2,192.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Financial Account: Direct Investment: Assets (USD mn) 120.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Financial Account: Financial Derivatives: Net (USD mn) 22.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Current Account: Secondary Income: Debit (USD mn) 14.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Financial Account: Portfolio Investment: Liabilities n.i.e (USD mn) 154.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Financial Account: Other Investment: Liabilities n.i.e (USD mn) -166.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Current Account: Primary Income: Credit (USD mn) 101.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Capital Account: Credit n.i.e (USD mn) 23.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Current Account: Secondary Income: Credit n.i.e (USD mn) 1,869.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Financial Account: Other Investment: Assets (USD mn) -436.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Current Account: Primary Income: Debit (USD mn) 693.000 Sep 2025 quarterly Mar 2015 - Sep 2025
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
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 14.4 Sep 2025 quarterly Mar 2016 - Sep 2025
Non-Performing Loans (USD mn) 2,674.259 Dec 2019 monthly Apr 2001 - Dec 2019
Money Supply M1 (USD mn) 19,121.051 Feb 2026 monthly Dec 1995 - Feb 2026
Money Supply M2 (USD mn) 43,282.706 Mar 2026 monthly Dec 1995 - Mar 2026
M2 Growth (%) 13.2 Feb 2026 monthly Dec 1996 - Feb 2026
Reserve Requirement Ratio (%) 4.3 Mar 2023 monthly Dec 1999 - Mar 2023
Foreign Exchange Reserves (USD mn) 12,535.0 Feb 2026 monthly Dec 2000 - Feb 2026
Foreign Exchange Reserves: % of GDP (%) 8.419 Sep 2025 quarterly Dec 2009 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 5.3 Feb 2026 monthly Sep 2005 - Feb 2026
Gold Reserves (USD mn) 2.547 Mar 2026 monthly Sep 1973 - Mar 2026
Total Deposits (USD mn) 46,744.891 Dec 2025 monthly Jan 1999 - Dec 2025
Total Deposits Growth (%) 6.5 Jun 2025 monthly Jan 2000 - Jun 2025
Domestic Credit (USD mn) 49,839.7 Dec 2025 monthly Dec 1995 - Dec 2025
Domestic Credit Growth (%) -0.4 Dec 2025 monthly Dec 1996 - Dec 2025
Total Loans (USD mn) 60,943.259 Dec 2025 monthly Jan 1999 - Dec 2025
Total Loans Growth (%) 10.11 Dec 2025 monthly Jan 2000 - Dec 2025
Private Debt: % of Nominal GDP (%) 27.59 Sep 2025 quarterly Dec 2009 - Sep 2025
Money Supply: M3 (KES mn) 6,869,176.000 Feb 2026 monthly Dec 1995 - Feb 2026
Money Supply: M3: M2: M1 (KES mn) 2,466,998.000 Feb 2026 monthly Dec 1995 - Feb 2026
Money Supply: M3: M2 (KES mn) 5,623,722.000 Mar 2026 monthly Dec 1995 - Mar 2026

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