Kenya Policy Rate

2003 - 2024 | Monthly | % pa | Central Bank of Kenya

Key information about Kenya Policy Rate

  • Kenya cash rate (Policy Rate: Month End: Central Bank Rediscount Rate) was set at 13.00 % pa in Feb 2024, compared with 12.50 % pa in the previous Jan 2024.
  • Kenya Policy Rate averaged 8.75 % pa and is updated monthly, available from Jul 2003 to Feb 2024.
  • The data reached an all-time high of 18.00 % pa in Jun 2012 and a record low of 3.84 % pa in Aug 2003.




Related information about Kenya Policy Rate

  • In the latest reports, Kenya Short Term Interest Rate: Monthly Average: Treasury Bills Rate: 91 Days was reported at 15.32 % pa in Nov 2023.
  • Its Long Term Interest Rate (Treasury Bonds Rate: 10 Years) was reported at 14.37 % pa in Apr 2023.
  • Kenya Exchange Rate against USD averaged 139.70 (USD/KES) in Jun 2023.

View Kenya's Policy Rate from Jul 2003 to Feb 2024 in the chart:

Kenya Policy Rate

What was Kenya's Policy Rate in Feb 2024?

Kenya cash rate (Policy Rate: Month End: Central Bank Rediscount Rate) was set at 13.00 % pa in Feb 2024, compared with 12.50 % pa in the previous Jan 2024. See the table below for more data.

Last Previous Min Max Unit Frequency Range
13.00 Feb 2024 12.50 Jan 2024 3.84 Aug 2003 18.00 Jun 2012 % pa monthly Jul 2003 - Feb 2024

Policy Rate by Country Comparison

Buy Selected Data

Includes Policy Rate on 108 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (% pa) 3.25 Feb 2024 monthly Jan 2000 - Feb 2024
Algeria (% pa) 3.00 Sep 2023 monthly Jan 1963 - Sep 2023
Argentina (%) 108.12 Feb 2024 monthly Aug 1985 - Feb 2024
Armenia (% pa) 8.75 Feb 2024 monthly May 2001 - Feb 2024
Australia (% pa) 4.35 Feb 2024 monthly Aug 1990 - Feb 2024
Austria (% pa) 4.50 Feb 2024 monthly Jan 1999 - Feb 2024
Azerbaijan (% pa) 7.75 Feb 2024 monthly Jan 2005 - Feb 2024
Bahrain (% pa) 6.25 Feb 2024 monthly Jan 2007 - Feb 2024
Bangladesh (% pa) 8.00 Jan 2024 monthly Sep 2009 - Jan 2024
Belarus (% pa) 9.50 Feb 2024 monthly Jul 1991 - Feb 2024
Belgium (% pa) 4.50 Feb 2024 monthly Jan 1999 - Feb 2024
Bolivia (% pa) 3.01 Feb 2024 monthly Jan 2013 - Feb 2024
Botswana (% pa) 3.75 Apr 2022 monthly Aug 1976 - Apr 2022
Brazil (% pa) 11.25 Feb 2024 monthly Mar 1999 - Feb 2024
Bulgaria (% pa) 3.80 Mar 2024 monthly Feb 1991 - Mar 2024
Canada (% pa) 5.00 Feb 2024 monthly Dec 1992 - Feb 2024
Chile (% pa) 7.25 Feb 2024 monthly May 1995 - Feb 2024
China (% pa) 2.65 Jun 2023 monthly Jan 2016 - Jun 2023
Colombia (% pa) 12.75 Feb 2024 monthly Apr 1995 - Feb 2024
Croatia (% pa) 3.00 Dec 2022 monthly Dec 1992 - Dec 2022
Cyprus (% pa) 4.50 Feb 2024 monthly Jan 1999 - Feb 2024
Czech Republic (% pa) 5.25 Feb 2024 monthly Jan 1993 - Feb 2024
Denmark (% pa) 3.60 Feb 2024 monthly Aug 1914 - Feb 2024
Ecuador (% pa) 10.34 Feb 2024 monthly Jul 1995 - Feb 2024
Egypt (% pa) 21.75 Feb 2024 monthly Jan 1991 - Feb 2024
Estonia (% pa) 4.50 Feb 2024 monthly Jan 1999 - Feb 2024
European Union (% pa) 4.50 Feb 2024 monthly Jan 1999 - Feb 2024
Finland (% pa) 4.50 Feb 2024 monthly Jan 1999 - Feb 2024
France (% pa) 4.50 Feb 2024 monthly Jan 1999 - Feb 2024
Georgia (% pa) 9.00 Feb 2024 monthly Jan 2008 - Feb 2024
Germany (% pa) 4.50 Feb 2024 monthly Jan 1999 - Feb 2024
Ghana (% pa) 29.50 May 2023 monthly Nov 2002 - May 2023
Greece (% pa) 4.50 Feb 2024 monthly Jan 1999 - Feb 2024
Hong Kong SAR, China (% pa) 5.75 Feb 2024 monthly Jun 1992 - Feb 2024
Hungary (% pa) 9.00 Feb 2024 monthly Oct 1990 - Feb 2024
Iceland (% pa) 10.00 Feb 2024 monthly Jan 1994 - Feb 2024
India (% pa) 6.50 Feb 2024 monthly Apr 2001 - Feb 2024
Indonesia (% pa) 6.00 Feb 2024 monthly Jun 2015 - Feb 2024
Ireland (% pa) 4.50 Feb 2024 monthly Jan 1999 - Feb 2024
Israel (% pa) 4.50 Feb 2024 monthly Dec 1998 - Feb 2024
Italy (% pa) 4.50 Feb 2024 monthly Jan 1999 - Feb 2024
Ivory Coast (% pa) 2.50 Mar 2017 monthly Jan 1964 - Mar 2017
Japan (% pa) -0.10 Jun 2023 monthly Nov 2008 - Jun 2023
Jordan (% pa) 8.50 Feb 2024 monthly Dec 1965 - Feb 2024
Kazakhstan (% pa) 14.75 Feb 2024 monthly Feb 1992 - Feb 2024
Kenya (% pa) 13.00 Feb 2024 monthly Jul 2003 - Feb 2024
South Korea (% pa) 3.50 Feb 2024 monthly May 1999 - Feb 2024
Kosovo (% pa) 4.50 Feb 2024 monthly Jan 1999 - Feb 2024
Kuwait (% pa) 4.25 Feb 2024 monthly Jul 1999 - Feb 2024
Kyrgyzstan (% pa) 13.00 Feb 2024 monthly Jan 1999 - Feb 2024
Laos (% pa) 7.50 May 2023 monthly Dec 1992 - May 2023
Latvia (% pa) 4.50 Feb 2024 monthly Jan 1999 - Feb 2024
Lebanon (% pa) 10.00 Jan 2023 monthly Apr 1964 - Jan 2023
Lithuania (% pa) 4.50 Feb 2024 monthly Jan 1999 - Feb 2024
Luxembourg (% pa) 4.50 Feb 2024 monthly Jan 1999 - Feb 2024
Macau SAR, China (% pa) 5.75 Feb 2024 monthly Dec 1999 - Feb 2024
North Macedonia (% pa) 6.30 Mar 2024 monthly Jan 2002 - Mar 2024
Malawi (% pa) 24.00 Feb 2024 monthly Jan 1980 - Feb 2024
Malaysia (% pa) 3.00 Feb 2024 monthly Apr 2004 - Feb 2024
Malta (% pa) 4.50 Feb 2024 monthly Jan 1999 - Feb 2024
Mauritius (% pa) 4.50 Feb 2024 monthly Dec 1999 - Feb 2024
Mexico (% pa) 11.25 Feb 2024 monthly Jan 2008 - Feb 2024
Moldova (% pa) 4.25 Feb 2024 monthly Feb 2001 - Feb 2024
Mongolia (% pa) 13.00 Feb 2024 monthly Jul 2007 - Feb 2024
Montenegro (% pa) 4.50 Feb 2024 monthly Jan 1999 - Feb 2024
Morocco (% pa) 3.00 Feb 2024 monthly Jun 1995 - Feb 2024
Myanmar (% pa) 7.00 2023 yearly 1986 - 2023
Nepal (% pa) 7.00 Feb 2024 monthly Jul 2003 - Feb 2024
Netherlands (% pa) 4.50 Feb 2024 monthly Jan 1999 - Feb 2024
New Zealand (% pa) 5.50 May 2023 monthly Mar 1999 - May 2023
Nigeria (% pa) 22.75 Feb 2024 monthly Dec 2006 - Feb 2024
Norway (% pa) 4.50 Feb 2024 monthly Jan 1991 - Feb 2024
Oman (% pa) 6.00 Feb 2024 monthly May 2007 - Feb 2024
Pakistan (% pa) 23.00 Feb 2024 monthly Feb 1992 - Feb 2024
Paraguay (% pa) 6.25 Feb 2024 monthly Jul 2010 - Feb 2024
Peru (% pa) 6.25 Feb 2024 monthly Sep 2003 - Feb 2024
Philippines (% pa) 7.00 Feb 2024 monthly Jun 2016 - Feb 2024
Poland (% pa) 5.75 Mar 2024 monthly Jan 2005 - Mar 2024
Portugal (% pa) 4.50 Feb 2024 monthly Jan 1999 - Feb 2024
Qatar (% pa) 6.25 Jan 2024 monthly Mar 2003 - Jan 2024
Romania (% pa) 7.00 Feb 2024 monthly Jan 2003 - Feb 2024
Russia (% pa) 16.00 Feb 2024 monthly Sep 2013 - Feb 2024
Saudi Arabia (% pa) 6.00 Feb 2024 monthly Jan 2000 - Feb 2024
Serbia (% pa) 6.50 Feb 2024 monthly Jan 2001 - Feb 2024
Singapore (% pa) 4.00 Jun 2023 monthly Jul 2005 - Jun 2023
Slovakia (% pa) 4.50 Feb 2024 monthly Jan 1999 - Feb 2024
Slovenia (% pa) 4.50 Feb 2024 monthly Jan 1999 - Feb 2024
South Africa (% pa) 8.25 Feb 2024 monthly Nov 1999 - Feb 2024
Spain (% pa) 4.50 Feb 2024 monthly Jan 1999 - Feb 2024
Sri Lanka (% pa) 9.00 Feb 2024 monthly Jan 1997 - Feb 2024
Sweden (% pa) 4.00 Feb 2024 monthly Jan 1987 - Feb 2024
Switzerland (% pa) 1.70 Feb 2024 monthly Jun 1999 - Feb 2024
Syria (% pa) 5.00 Feb 2024 monthly Jan 1962 - Feb 2024
Taiwan (% pa) 1.88 Jan 2024 monthly Jul 1961 - Jan 2024
Tajikistan (% pa) 9.50 Feb 2024 monthly Jun 1995 - Feb 2024
Thailand (% pa) 2.50 Feb 2024 monthly May 2000 - Feb 2024
Tunisia (% pa) 8.00 Feb 2024 monthly Jan 2000 - Feb 2024
Turkey (% pa) 45.00 Feb 2024 monthly Jun 1996 - Feb 2024
Ukraine (% pa) 15.00 Feb 2024 monthly Dec 1992 - Feb 2024
United Arab Emirates (% pa) 5.40 Feb 2024 monthly Nov 2007 - Feb 2024

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Kenya Key Series

Buy Selected Data

Includes 203 key indicators for Kenya, curated by CEIC analysts. Instant access to full history data in excel.
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) 3,502.694 Sep 2023 monthly Sep 1999 - Sep 2023
Tax Revenue: % of GDP (%) 7.1 2022 yearly 2006 - 2022
National Government Debt (USD mn) 70,728.9 Dec 2023 monthly Sep 1999 - Dec 2023
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) 16,111.320 2028 yearly 1998 - 2028
Forecast: Government Revenue (KES bn) 4,688.790 2028 yearly 1982 - 2028
Central Government Revenue and Grants: ytd: Revenue: Tax: Excise Duty (KES mn) 139,800.000 Dec 2023 monthly Sep 1999 - Dec 2023
Central Government Expenditure: ytd: Development (KES mn) 191,600.000 Dec 2023 monthly Sep 1999 - Dec 2023
Central Government Expenditure: ytd: Recurrent (KES mn) 1,130,200.000 Dec 2023 monthly Sep 1999 - Dec 2023
Central Government Revenue and Grants: ytd: Revenue (KES mn) 1,270,200.000 Dec 2023 monthly Sep 1999 - Dec 2023
Central Government Revenue and Grants: ytd: Revenue: Tax (KES mn) 514,086.673 Sep 2023 monthly Sep 1999 - Sep 2023
Central Government Expenditure: ytd (KES mn) 1,464,300.000 Dec 2023 monthly Sep 1999 - Dec 2023
Central Government Revenue and Grants: ytd: Revenue: Tax: VAT (KES mn) 317,900.000 Dec 2023 monthly Sep 1999 - Dec 2023
Central Government Surplus or Deficit (KES bn) -478.312 2020 yearly 1998 - 2020
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) 63.608 Nov 2023 monthly Jan 1998 - Nov 2023
Total Exports to China (USD mn) 14.635 Nov 2023 monthly Apr 1998 - Nov 2023
Total Imports from China (USD mn) 290.183 Dec 2023 monthly Jan 2001 - Dec 2023
Imports (KES mn) 244,573.360 Jan 2024 monthly Aug 1998 - Jan 2024
Exports (KES mn) 91,675.620 Jan 2024 monthly Aug 1998 - Jan 2024
Exports: Re-Exports (KES mn) 12,007.060 Jan 2024 monthly Aug 1998 - Jan 2024
Exports: Domestic: Horticulture (KES mn) 10,947.460 Dec 2023 monthly Aug 1998 - Dec 2023
Exports: Domestic: Tea (KES mn) 18,267.710 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: Cement (KES mn) 482.650 Dec 2023 monthly Aug 1998 - Dec 2023
Exports: Netherlands (KES mn) 6,758.060 Dec 2023 monthly Jan 1998 - Dec 2023
Exports: Uganda (KES mn) 9,535.710 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
Imports Volume Index (2009=100) 126.600 2021 yearly 2007 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 49.2 2022 yearly 2009 - 2022
Current Account Balance (USD mn) -288.0 Dec 2022 monthly Jan 2002 - Dec 2022
Current Account Balance: % of GDP (%) -2.3 Mar 2023 quarterly Mar 2009 - Mar 2023
Foreign Direct Investment (USD mn) 393.6 2022 yearly 1970 - 2022
Foreign Direct Investment: % of GDP (%) 0.3 2022 yearly 1996 - 2022
Foreign Portfolio Investment (USD mn) -230.822 2022 yearly 2009 - 2022
Foreign Portfolio Investment: % of GDP (%) -0.2 2022 yearly 2009 - 2022
Foreign Portfolio Investment: Equity Securities (USD mn) -97.5 2021 yearly 2009 - 2021
Foreign Portfolio Investment: Debt Securities (USD mn) -22.590 2022 yearly 2009 - 2022
External Debt (USD mn) 38,664.5 Dec 2023 monthly Sep 1999 - Dec 2023
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) -288.000 Dec 2022 monthly Dec 2014 - Dec 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) 894.000 Sep 2023 quarterly Mar 2015 - Sep 2023
BoP: Current Account n.i.e (USD mn) -1,467.000 Sep 2023 quarterly Mar 2015 - Sep 2023
BoP: Current Account: Goods (USD mn) -2,274.000 Sep 2023 quarterly Mar 2015 - Sep 2023
BoP: Current Account: Goods: Exports (USD mn) 1,874.000 Sep 2023 quarterly Mar 2015 - Sep 2023
BoP: Current Account: Goods: Imports (USD mn) 4,148.000 Sep 2023 quarterly Mar 2015 - Sep 2023
BoP: Current Account: Services: Credit (USD mn) 1,047.000 Sep 2023 quarterly Mar 2015 - Sep 2023
BoP: Current Account: Services (USD mn) -196.000 Sep 2023 quarterly Mar 2015 - Sep 2023
BoP: Capital Account n.i.e (USD mn) 23.000 Sep 2023 quarterly Mar 2015 - Sep 2023
BoP: Capital Account: Credit n.i.e (USD mn) 100.000 Jun 2023 quarterly Mar 2015 - Jun 2023
BoP: Capital Account: Debit (USD mn) 0.000 Jun 2023 quarterly Mar 2015 - Jun 2023
BoP: Financial Account n.i.e (USD mn) -1,336.000 Sep 2023 quarterly Mar 2015 - Sep 2023
BoP: Current Account: Services: Debit (USD mn) 1,243.000 Sep 2023 quarterly Mar 2015 - Sep 2023
BoP: Financial Account: Direct Investment: Assets (USD mn) -6.000 Jun 2023 quarterly Mar 2015 - Jun 2023
BoP: Financial Account: Direct Investment: Liabilities n.i.e (USD mn) 101.000 Jun 2023 quarterly Mar 2015 - Jun 2023
BoP: Financial Account: Financial Derivatives: Net (USD mn) -3.000 Jun 2023 quarterly Mar 2015 - Jun 2023
BoP: Financial Account: Other Investment: Assets (USD mn) 788.000 Jun 2023 quarterly Mar 2015 - Jun 2023
BoP: Current Account: Primary Income: Debit (USD mn) 770.000 Sep 2023 quarterly Mar 2015 - Sep 2023
BoP: Current Account: Secondary Income: Credit n.i.e (USD mn) 1,760.000 Sep 2023 quarterly Mar 2015 - Sep 2023
BoP: Financial Account: Portfolio Investment: Assets (USD mn) 363.000 Jun 2023 quarterly Mar 2015 - Jun 2023
BoP: Current Account: Primary Income: Credit (USD mn) 47.000 Sep 2023 quarterly Mar 2015 - Sep 2023
BoP: Current Account: Secondary Income: Debit (USD mn) 34.000 Sep 2023 quarterly Mar 2015 - Sep 2023
BoP: Financial Account: Other Investment: Liabilities n.i.e (USD mn) 3,640.000 Jun 2023 quarterly Mar 2015 - Jun 2023
BoP: Financial Account: Portfolio Investment: Liabilities n.i.e (USD mn) -8.000 Jun 2023 quarterly Mar 2015 - Jun 2023
BoP: Financial Account: Direct Investment: Liabilities (KES mn) 46,390.100 2022 yearly 2009 - 2022
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) 12,823.295 Dec 2023 monthly Dec 1995 - Dec 2023
Money Supply M2 (USD mn) 28,517.498 Dec 2023 monthly Dec 1995 - Dec 2023
M2 Growth (%) 24.3 Dec 2023 monthly Dec 1996 - Dec 2023
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) 1.160 Dec 2023 monthly Sep 1973 - Dec 2023
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) 40,483.0 Oct 2023 monthly Dec 1995 - Oct 2023
Domestic Credit Growth (%) 13.5 Oct 2023 monthly Dec 1996 - Oct 2023
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

More Indicators for Kenya

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data