Kenya: Financial markets development, efficiency

* indicates monthly or quarterly data series
 Kenya

Financial markets development, efficiency

 Latest value 0.028
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.054
 Min - Max 0.013 - 0.148
 Source International Monetary Fund
The latest value from 2021 is 0.028 index points, unchanged from 0.028 index points in 2020. In comparison, the world average is 0.325 index points, based on data from 93 countries. Historically, the average for Kenya from 1980 to 2021 is 0.054 index points. The minimum value, 0.013 index points, was reached in 1989 while the maximum of 0.148 index points was recorded in 2006. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Kenya - Financial markets development, efficiency - Recent values chart

Historical series
Kenya - Financial markets development, efficiency - historical chart - 1980-2021




Definition: Measures the efficiency of financial markets using the following variable: Stock market turnover ratio (stocks traded to capitalization). See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Financial development 0.165 2021 index points
 Financial institutions development 0.285 2021 index points
 Financial institutions development, depth 0.182 2021 index points
 Financial institutions development, access 0.082 2021 index points
 Financial institutions development, efficiency 0.630 2021 index points
 Financial markets development 0.038 2021 index points
 Financial markets development, depth 0.074 2021 index points
 Financial markets development, access 0.002 2021 index points
 Financial markets development, efficiency 0.028 2021 index points
This site uses cookies.
Learn more here


OK