household debts in Kenya

Gross debt in Kenya

The government debt of Kenya refers to the debt of the state proper, but not its federal states, municipalities and institutions.

The government debt in the period from 1991 to 2021 was between 3.4 billion and 74.9 billion USD. The highest level of the last years at 75 billion US Dollar was reached in 2021.

Based on the number of inhabitants, this is a debt of 1,412 USD per person. For comparison, the average debt per person in the same year in the European Union was 31,701 USD.

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Gross debt of the last 30 years in billion USD

YearKenya total% of GDPper capitaEU per capita
19913.51 bn USD43.04%143 USD6,198 USD
19923.38 bn USD41.16%133 USD7,328 USD
19954.71 bn USD52.08%170 USD12,276 USD
19964.88 bn USD40.53%171 USD13,038 USD
19974.72 bn USD35.98%160 USD11,925 USD
19985.06 bn USD35.89%167 USD11,978 USD
19994.95 bn USD38.41%159 USD11,204 USD
20005.48 bn USD43.12%171 USD9,175 USD
20015.36 bn USD41.28%163 USD9,104 USD
20025.52 bn USD42.01%164 USD10,039 USD
20036.53 bn USD43.79%188 USD12,356 USD
20046.56 bn USD40.75%184 USD14,056 USD
20057.01 bn USD37.41%191 USD14,655 USD
20069.57 bn USD37.07%254 USD15,092 USD
200710.93 bn USD34.19%282 USD16,757 USD
200812.30 bn USD34.25%309 USD19,361 USD
200915.23 bn USD35.96%372 USD20,190 USD
201016.66 bn USD36.69%396 USD21,506 USD
201116.73 bn USD35.69%387 USD24,311 USD
201221.21 bn USD37.62%478 USD23,897 USD
201324.52 bn USD39.76%539 USD26,085 USD
201428.19 bn USD41.28%604 USD26,871 USD
201532.14 bn USD45.83%686 USD22,892 USD
201637.71 bn USD50.40%787 USD23,468 USD
201744.19 bn USD53.87%903 USD24,441 USD
201852.05 bn USD56.45%1,042 USD26,205 USD
201959.31 bn USD59.08%1,164 USD25,151 USD
202068.41 bn USD67.95%1,316 USD28,902 USD
202174.85 bn USD67.83%1,412 USD31,701 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Kenya       European Union

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