Total Credit — Value Standard Local Currency in Kenya
Kenya: Total Credit — Value Standard Local Currency was 3.86 million million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency in Kenya, 1997–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Kenya recorded 3.86 million million SLC for total credit — value standard local currency in 2024.
The figure is down 1.4% on the previous year and up 103.2% over ten years.
Over the whole period, total credit — value standard local currency in Kenya peaked at 3.91 million million SLC in 2023 and was at its lowest, 236,875 million SLC, in 1997.
That places Kenya 43rd out of 165 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total Credit — Value Standard Local Currency in Kenya, year by year
| Year | million SLC | Change |
|---|---|---|
| 1997 | 236,875 million SLC | — |
| 1998 | 254,301 million SLC | +7.4% |
| 1999 | 277,407 million SLC | +9.1% |
| 2000 | 289,478 million SLC | +4.4% |
| 2001 | 271,800 million SLC | -6.1% |
| 2002 | 288,831 million SLC | +6.3% |
| 2003 | 302,888 million SLC | +4.9% |
| 2004 | 368,683 million SLC | +21.7% |
| 2005 | 398,517 million SLC | +8.1% |
| 2006 | 446,824 million SLC | +12.1% |
| 2007 | 519,457 million SLC | +16.3% |
| 2008 | 652,829 million SLC | +25.7% |
| 2009 | 747,312 million SLC | +14.5% |
| 2010 | 898,513 million SLC | +20.2% |
| 2011 | 1.17 million million SLC | +30.6% |
| 2012 | 1.30 million million SLC | +10.4% |
| 2013 | 1.55 million million SLC | +19.8% |
| 2014 | 1.90 million million SLC | +22.4% |
| 2015 | 2.23 million million SLC | +17.4% |
| 2016 | 2.34 million million SLC | +5.2% |
| 2017 | 2.41 million million SLC | +3.0% |
| 2018 | 2.49 million million SLC | +3.0% |
| 2019 | 2.59 million million SLC | +4.3% |
| 2020 | 2.81 million million SLC | +8.4% |
| 2021 | 3.05 million million SLC | +8.5% |
| 2022 | 3.43 million million SLC | +12.5% |
| 2023 | 3.91 million million SLC | +13.9% |
| 2024 | 3.86 million million SLC | -1.4% |
Kenya compared with similar countries
- Kenya's 3.86 million million SLC is above the median for lower middle income countries, which is 487,892 million SLC, 7.9× the median. (38 countries reporting)
- Kenya's 3.86 million million SLC is above the median for Sub-Saharan Africa, which is 494,292 million SLC, 7.8× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 256,194 million SLC | 236,875 million SLC | 277,407 million SLC | 3 |
| 2000s | 428,662 million SLC | 271,800 million SLC | 747,312 million SLC | 10 |
| 2010s | 1.89 million million SLC | 898,513 million SLC | 2.59 million million SLC | 10 |
| 2020s | 3.41 million million SLC | 2.81 million million SLC | 3.91 million million SLC | 5 |
Countries ranked near Kenya
More agriculture & rural data for Kenya
- Agriculture, forestry, and fishing, value added (current US$), annual 16.52 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.2316 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 547.24 current US$ per person (2025)
- Rural population, annual growth rate 1.47 % change on previous year (2025)
- Rural population, per unit of GDP 0.0003 units per US$ of GDP (2025)
- Rural population, per capita 0.6779 units per person (2025)
- Share of GDP from agriculture 23.2% (2025)
- Agriculture as a share of GDP vs. GDP per capita 23.2% (2025)
- Agricultural raw materials exports 12.9% (2024)
- Agricultural raw materials imports 2.0% (2024)
Frequently asked questions
- What is total credit — value standard local currency in Kenya?
- Total credit — value standard local currency in Kenya was 3.86 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value standard local currency recorded in Kenya?
- The highest recorded value was 3.91 million million SLC in 2023.
- What is the lowest total credit — value standard local currency recorded in Kenya?
- The lowest recorded value was 236,875 million SLC in 1997.
- How does Kenya rank for total credit — value standard local currency?
- Kenya ranks 43rd out of 165 countries with data for 2024.
- Is total credit — value standard local currency rising or falling in Kenya?
- Over the last ten years it is up 103.2%. The long-run trend across the full record is volatile.
- Where does this Kenya data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.