Government Debt to GDP in Kenya increased to 62.40 percent in 2019 from 59.10 percent in 2018. source: Central Bank of Kenya

Government Debt to GDP in Kenya averaged 54.63 percent from 1998 until 2019, reaching an all time high of 78.30 percent in 2000 and a record low of 38.20 percent in 2012. This page provides - Kenya Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kenya Government Debt to GDP - values, historical data and charts - was last updated on October of 2021.

Government Debt to GDP in Kenya is expected to reach 69.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kenya Government Debt to GDP is projected to trend around 72.00 percent of GDP in 2022 and 70.00 percent of GDP in 2023, according to our econometric models.

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Kenya Government Debt to GDP


Kenya Last Unit Reference Previous Highest Lowest
Government Debt to GDP 65.60 percent of GDP Dec/20 62.40 78.30 38.20
Government Budget -7.80 percent of GDP Dec/20 -7.80 0.81 -8.20
Government Budget Value -931025.00 KES million Jun/21 -655187.00 40667.40 -931025.00
Government Revenues 1775.27 KES Billion Jun/21 1586.92 1775.27 11.89
Fiscal Expenditure 144.67 KES Billion Jul/21 2706.30 2706.30 13.83
Government Debt 7712.39 KES Billion Jun/21 7485.91 7712.39 723.84


Kenya Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.