Kenya M2 Growth

1996 - 2026 | Monthly | % | CEIC Data

Key information about Kenya M2 Growth

  • Kenya Money Supply M2 increased 13.2 % YoY in Feb 2026, compared with a growth of 12.0 % in the previous month
  • Kenya Money Supply M2 growth data is updated monthly, available from Dec 1996 to Feb 2026
  • The data reached an all-time high of 27.9 % in Apr 2008 and a record low of -2.6 % in Aug 2001

CEIC calculates M2 Growth Rate from monthly M2. The Central Bank of Kenya provides M2 in local currency

View Kenya's M2 Growth from Dec 1996 to Feb 2026 in the chart:

Kenya M2 Growth

What was Kenya's M2 Growth in Feb 2026?

Kenya Money Supply M2 increased 13.2 % YoY in Feb 2026, compared with a growth of 12.0 % in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
13.2 Feb 2026 12.0 Jan 2026 -2.6 Aug 2001 27.9 Apr 2008 % monthly Dec 1996 - Feb 2026

M2 Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 12.5 Mar 2026 monthly Dec 1994 - Mar 2026
Algeria (%) 9.0 Dec 2024 monthly Jan 2002 - Dec 2024
Argentina (%) 33.6 Feb 2026 monthly Jan 1991 - Feb 2026
Armenia (%) 22.0 Dec 2025 monthly Jan 2003 - Dec 2025
Australia (%) 8.2 Mar 2026 monthly Mar 1966 - Mar 2026
Austria (%) 2.5 Mar 2026 monthly Sep 1998 - Mar 2026
Azerbaijan (%) 6.9 Oct 2025 monthly Dec 1996 - Oct 2025
Bahrain (%) 4.0 Mar 2026 monthly Dec 1975 - Mar 2026
Bangladesh (%) 10.5 Feb 2026 monthly Jun 1987 - Feb 2026
Belarus (%) 25.8 Mar 2026 monthly Dec 1990 - Mar 2026
Belgium (%) 2.4 Mar 2026 monthly Dec 1997 - Mar 2026
Bolivia (%) 15.5 Jan 2026 monthly Dec 1988 - Jan 2026
Bosnia and Herzegovina (%) 10.6 Mar 2026 monthly Aug 1998 - Mar 2026
Botswana (%) 2.9 Dec 2025 monthly Jan 2002 - Dec 2025
Brazil (%) 9.9 Mar 2026 monthly Jan 1971 - Mar 2026
Bulgaria (%) 19.3 Mar 2026 monthly Dec 1996 - Mar 2026
Cambodia (%) 6.1 Mar 2026 monthly Jan 1996 - Mar 2026
Canada (%) 3.7 Feb 2026 monthly Jan 1969 - Feb 2026
Chile (%) 4.5 Apr 2026 monthly Jan 1987 - Apr 2026
China (%) 8.5 Mar 2026 monthly Mar 1997 - Mar 2026
Colombia (%) 12.6 Mar 2026 monthly Dec 1980 - Mar 2026
Croatia (%) 6.6 Feb 2026 monthly Jun 1995 - Feb 2026
Cyprus (%) -5.2 2014 yearly 2006 - 2014
Czech Republic (%) 4.5 Mar 2026 monthly Jan 2003 - Mar 2026
Denmark (%) 2.5 Mar 2026 monthly Jan 1992 - Mar 2026
Ecuador (%) 11.8 Feb 2026 monthly Dec 2007 - Feb 2026
Egypt (%) 20.0 Mar 2026 monthly Jan 1997 - Mar 2026
Estonia (%) 4.9 Mar 2026 monthly Jan 2012 - Mar 2026
European Union (%) 4.0 Mar 2026 monthly Jan 1981 - Mar 2026
Finland (%) 1.4 Mar 2026 monthly Jan 1981 - Mar 2026
France (%) 0.9 Mar 2026 monthly Dec 1978 - Mar 2026
Georgia (%) 26.4 Mar 2026 monthly Oct 1996 - Mar 2026
Germany (%) 3.7 Mar 2026 monthly Jan 1970 - Mar 2026
Ghana (%) 26.9 Dec 2025 quarterly Mar 1991 - Dec 2025
Greece (%) 5.4 Mar 2026 monthly Jan 2002 - Mar 2026
Hong Kong SAR, China (%) 9.3 Mar 2026 monthly Dec 1981 - Mar 2026
Hungary (%) 8.0 Mar 2026 monthly Jan 1999 - Mar 2026
Iceland (%) 6.0 Mar 2026 monthly Sep 1987 - Mar 2026
India (%) 17.6 Feb 2026 monthly Mar 1995 - Feb 2026
Indonesia (%) 9.7 Mar 2026 monthly Feb 1969 - Mar 2026
Iran (%) 36.8 Sep 2025 monthly Dec 2000 - Sep 2025
Ireland (%) 5.5 Mar 2026 monthly Jan 2000 - Mar 2026
Israel (%) 7.5 Jan 2026 monthly Apr 1982 - Jan 2026
Italy (%) 2.6 Mar 2026 monthly Dec 1975 - Mar 2026
Ivory Coast (%) 25.7 Feb 2026 monthly Jan 2005 - Feb 2026
Japan (%) 2.0 Mar 2026 monthly Jan 1968 - Mar 2026
Jordan (%) 6.1 Feb 2026 monthly Jan 1991 - Feb 2026
Kazakhstan (%) 16.6 Mar 2026 monthly Dec 1994 - Mar 2026
Kenya (%) 13.2 Feb 2026 monthly Dec 1996 - Feb 2026
South Korea (%) 4.7 Feb 2026 monthly Jan 1971 - Feb 2026
Kosovo (%) 12.4 2024 yearly 2002 - 2024
Kuwait (%) 1.9 Mar 2026 monthly Jan 1995 - Mar 2026
Kyrgyzstan (%) 50.1 Jan 2026 monthly Jan 1995 - Jan 2026
Laos (%) 19.1 Dec 2025 quarterly Dec 2000 - Dec 2025
Latvia (%) 9.6 Mar 2026 monthly Jan 2015 - Mar 2026
Lebanon (%) -6.5 Feb 2026 monthly Dec 1980 - Feb 2026
Lithuania (%) 11.4 Mar 2026 monthly Dec 1994 - Mar 2026
Luxembourg (%) 4.7 Mar 2026 monthly Jan 2000 - Mar 2026
Macau SAR, China (%) 6.0 Mar 2026 monthly Jun 1985 - Mar 2026
North Macedonia (%) 11.9 Mar 2026 monthly Jan 2004 - Mar 2026
Malawi (%) 51.0 Sep 2025 monthly Jan 1976 - Sep 2025
Malaysia (%) 5.6 Mar 2026 monthly Dec 1970 - Mar 2026
Malta (%) 6.2 Mar 2026 monthly Jan 2009 - Mar 2026
Mauritius (%) 8.6 Mar 2026 monthly Jul 1977 - Mar 2026
Mexico (%) 6.4 Mar 2026 monthly Dec 1986 - Mar 2026
Moldova (%) 14.2 Mar 2026 monthly Jan 2001 - Mar 2026
Mongolia (%) 21.3 Mar 2026 monthly Dec 1997 - Mar 2026
Montenegro (%) 9.9 2024 yearly 2003 - 2024
Morocco (%) 11.0 Mar 2026 monthly Jan 1986 - Mar 2026
Mozambique (%) 7.5 Feb 2026 monthly Dec 2002 - Feb 2026
Myanmar (%) 32.1 Sep 2025 quarterly Dec 2002 - Sep 2025
Nepal (%) 14.5 Apr 2026 monthly Jan 2002 - Apr 2026
Netherlands (%) 6.8 Mar 2026 monthly Dec 1957 - Mar 2026
New Zealand (%) 5.6 Mar 2026 monthly Mar 1989 - Mar 2026
Nigeria (%) 11.2 Feb 2026 monthly Apr 1991 - Feb 2026
Norway (%) 7.4 Mar 2026 monthly Dec 1993 - Mar 2026
Oman (%) 6.1 Dec 2025 monthly Jan 2000 - Dec 2025
Pakistan (%) 17.2 Feb 2026 monthly Jan 1989 - Feb 2026
Palestinian Territory (%) 14.1 Mar 2026 monthly Jul 2003 - Mar 2026
Panama (%) 6.7 Feb 2026 monthly Dec 2003 - Feb 2026
Paraguay (%) 14.2 Mar 2026 monthly Dec 1989 - Mar 2026
Peru (%) 14.1 Mar 2026 monthly Jan 1993 - Mar 2026
Philippines (%) 11.2 Mar 2026 monthly Dec 1989 - Mar 2026
Poland (%) 11.3 Mar 2026 monthly Dec 1997 - Mar 2026
Portugal (%) 6.5 Mar 2026 monthly Dec 1980 - Mar 2026
Qatar (%) 5.5 Mar 2026 monthly Jan 1983 - Mar 2026
Romania (%) 7.3 Mar 2026 monthly Dec 2002 - Mar 2026
Russia (%) 11.8 Mar 2026 monthly Dec 1992 - Mar 2026
Saudi Arabia (%) 7.7 Mar 2026 monthly Jan 1994 - Mar 2026
Serbia (%) 9.3 Mar 2026 monthly Aug 2002 - Mar 2026
Singapore (%) 6.8 Mar 2026 monthly Mar 2005 - Mar 2026
Slovakia (%) 6.4 Mar 2026 monthly Dec 2001 - Mar 2026
Slovenia (%) 7.1 Mar 2026 monthly Jan 2008 - Mar 2026
South Africa (%) 8.8 Mar 2026 monthly Mar 1966 - Mar 2026
Spain (%) 5.6 Mar 2026 monthly Jan 1963 - Mar 2026
Sri Lanka (%) 12.3 Mar 2026 monthly Jan 1995 - Mar 2026
Sudan (%) 96.5 Feb 2026 monthly Dec 2004 - Feb 2026
Sweden (%) 3.9 Mar 2026 monthly Jan 1999 - Mar 2026
Switzerland (%) 16.2 Oct 2025 monthly Dec 1985 - Oct 2025

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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) 95,337.5 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: Excise Duty (KES mn) 231,764.560 Mar 2026 monthly Sep 1999 - Mar 2026
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 (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 Revenue and Grants: ytd: Revenue: Tax (KES mn) 1,726,227.902 Mar 2026 monthly Sep 1999 - Mar 2026
Central Government Expenditure: ytd (KES mn) 3,109,699.034 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) -961.0 Feb 2026 monthly Oct 1992 - Feb 2026
Total Exports (USD mn) 784.7 Feb 2026 monthly Aug 1998 - Feb 2026
Total Exports Growth (%) 8.9 Feb 2026 monthly Aug 1999 - Feb 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 (%) 11.0 Feb 2026 monthly Aug 1999 - Feb 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) 52.142 Feb 2026 monthly Jan 1998 - Feb 2026
Total Imports from USA (USD mn) 60.908 Feb 2026 monthly Jan 1998 - Feb 2026
Total Exports to China (USD mn) 11.435 Dec 2025 monthly Apr 1998 - Dec 2025
Total Imports from China (USD mn) 461.301 Feb 2026 monthly Jan 2001 - Feb 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) 16,009.270 Feb 2026 monthly Aug 1998 - Feb 2026
Exports: Domestic: Tea (KES mn) 15,469.650 Feb 2026 monthly Aug 1998 - Feb 2026
Exports: Domestic: Cement (KES mn) 159.370 Feb 2026 monthly Aug 1998 - Feb 2026
Exports: Domestic: Chemicals (KES mn) 5,330.730 Feb 2026 monthly Aug 1998 - Feb 2026
Exports: Domestic: Coffee (KES mn) 5,774.820 Feb 2026 monthly Aug 1998 - Feb 2026
Exports: Netherlands (KES mn) 8,184.420 Feb 2026 monthly Jan 1998 - Feb 2026
Exports: Tanzania (KES mn) 2,625.060 Feb 2026 monthly Jan 1998 - Feb 2026
Exports: Uganda (KES mn) 6,571.240 Feb 2026 monthly Jan 1998 - Feb 2026
Exports: United Kingdom (KES mn) 5,455.670 Feb 2026 monthly Jan 1998 - Feb 2026
Imports: India (KES mn) 22,454.810 Feb 2026 monthly Jan 1998 - Feb 2026
Imports: United Arab Emirates (KES mn) 30,745.970 Feb 2026 monthly Jan 1998 - Feb 2026
Imports: Saudi Arabia (KES mn) 11,346.080 Feb 2026 monthly Jan 1998 - Feb 2026
Imports: South Africa (KES mn) 2,617.320 Feb 2026 monthly Jan 1998 - Feb 2026
Imports: Italy (KES mn) 2,018.440 Feb 2026 monthly Jan 1998 - Feb 2026
Imports: Mineral Fuels, Lubricants and Related Materials (KES mn) 77,411.850 Feb 2026 monthly Aug 1998 - Feb 2026
Imports: Food and Live Animals (KES mn) 24,676.570 Feb 2026 monthly Aug 1998 - Feb 2026
Imports: Chemicals (KES mn) 31,570.930 Feb 2026 monthly Aug 1998 - Feb 2026
Imports: Manufactured Goods Classified Chiefly by Materials (KES mn) 31,490.510 Feb 2026 monthly Aug 1998 - Feb 2026
Imports: Machinery and Transport Equipment (KES mn) 53,130.890 Feb 2026 monthly Aug 1998 - Feb 2026
Imports (KES mn) 225,227.780 Feb 2026 monthly Aug 1998 - Feb 2026
Exports (KES mn) 101,235.150 Feb 2026 monthly Aug 1998 - Feb 2026
Exports: Re-Exports (KES mn) 22,095.110 Feb 2026 monthly Aug 1998 - Feb 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) 42,337.8 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: Goods: Imports (USD mn) 6,395.000 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 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: Services: Credit (USD mn) 2,192.000 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: Capital Account: Debit (USD mn) 0.000 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: Capital Account: Credit n.i.e (USD mn) 23.000 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: Financial Account n.i.e (USD mn) -357.000 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: Assets (USD mn) -436.000 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: Current Account: Secondary Income: Credit n.i.e (USD mn) 1,869.000 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: Current Account: Primary Income: Debit (USD mn) 693.000 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: Secondary Income: Debit (USD mn) 14.000 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) 43,064.695 Feb 2026 monthly Dec 1995 - Feb 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) 12,351.4 Jan 2026 monthly Dec 2000 - Jan 2026
Foreign Exchange Reserves: % of GDP (%) 8.419 Sep 2025 quarterly Dec 2009 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 5.3 Jan 2026 monthly Sep 2005 - Jan 2026
Gold Reserves (USD mn) 2.547 Mar 2026 monthly Sep 1973 - Mar 2026
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) 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) 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: M2 (KES mn) 5,556,207.000 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 (KES mn) 6,869,176.000 Feb 2026 monthly Dec 1995 - Feb 2026

More Indicators for Kenya

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