Kenya: Real interest rate
* indicates monthly or quarterly data series
| Kenya |
Real interest rate: Bank lending rate minus inflation |
|---|---|
| Latest value | 13.14 |
| Year | 2024 |
| Measure | percent |
| Data availability | 1971 - 2024 |
| Average | 6.36 |
| Min - Max | -10.10 - 21.10 |
| Source | The International Monetary Fund |
The latest value from 2024 is 13.14 percent, an increase from 7.75 percent in 2023. In comparison, the world average is 4.61 percent, based on data from 82 countries. Historically, the average for Kenya from 1971 to 2024 is 6.36 percent. The minimum value, -10.1 percent, was reached in 2009 while the maximum of 21.1 percent was recorded in 1998.
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* indicates monthly or quarterly data series
Recent data
Historical series
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Lending-deposit interest rate spread | 5.03 | 2020 | interest rate points |
| Bank cost to income ratio | 42.18 | 2021 | percent |
| Non-performing loans | 12.34 | 2023 | percent |
| Bank overhead cost | 3.48 | 2021 | percent |
| Net interest margin | 6.14 | 2021 | percent |
| Bank credit to deposits | 86.07 | 2021 | percent |
| Regulatory capital to risk-weighted assets | 19.15 | 2020 | percent |
| Return on assets | 3.79 | 2021 | percent |
| Return on equity | 21.83 | 2021 | percent |
| Banking system z-scores | 23.23 | 2021 | index points |
| Liquid assets to deposits | 28.45 | 2021 | percent |
| Banking system capital to assets | 14.62 | 2020 | percent |
| Non-interest income to total income | 34.34 | 2021 | percent |
| Lending interest rate | 16.59 | 2024 | percent |
| Real interest rate | 13.14 | 2024 | percent |
| Legal rights | 11.00 | 2019 | points |
| Credit information sharing | 8.00 | 2019 | points |