Kenya recorded a Government Budget deficit equal to 6.70 percent of the country's Gross Domestic Product in 2018. Government Budget in Kenya averaged -3.83 percent of GDP from 1998 until 2018, reaching an all time high of 0.81 percent of GDP in 2000 and a record low of -8.20 percent of GDP in 2015.

Government Budget in Kenya is expected to be -5.60 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kenya Government Budget is projected to trend around -4.70 percent of GDP in 2020, according to our econometric models.

Kenya Government Budget
Forecast Data Chart
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Kenya Government Last Previous Highest Lowest Unit
Government Debt to GDP 57.00 57.10 78.30 38.20 percent [+]
Government Budget -6.70 -7.80 0.81 -8.20 percent of GDP [+]
Government Budget Value -709807.00 -552791.00 34232.00 -711424.00 KES million [+]
Government Spending 677726.60 670758.50 677726.60 998.00 KES Million [+]
Government Revenues 1675.02 1514.09 1675.02 11.89 KES Billion [+]
Military Expenditure 1023.00 1015.00 1493.00 28.10 USD Million [+]
Government Debt 5809.08 5607.91 5809.08 723.84 KES Billion [+]
Fiscal Expenditure 112.97 2389.53 2389.53 13.83 KES Billion [+]
Credit Rating 20.44 [+]

Kenya Government Budget

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Kenya Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kenya Government Budget - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-6.70 -7.80 0.81 -8.20 1998 - 2018 percent of GDP Yearly

Country Last Previous
Argentina -5.50 Dec/18
Australia -0.60 Dec/18
Brazil -7.10 Dec/18
Canada -0.70 Dec/18
China -4.20 Dec/18
Euro Area -0.50 Dec/18
France -2.50 Dec/18
Germany 1.70 Dec/18
India -3.42 Dec/18
Indonesia -1.76 Dec/18
Italy -2.10 Dec/18
Japan -3.80 Dec/18
Mexico -2.00 Dec/18
Netherlands 1.50 Dec/18
Russia 2.70 Dec/18
Saudi Arabia -9.20 Dec/18
Singapore 0.40 Dec/18
South Africa -4.40 Dec/18
South Korea -1.60 Dec/18
Spain -2.50 Dec/18
Switzerland 1.30 Dec/18
Turkey -2.00 Dec/18
United Kingdom -2.00 Dec/18
United States -3.80 Dec/18