Kenya: Small firms with bank credit
* indicates monthly or quarterly data series
| Kenya |
Small firms with bank credit, percent of all small firms |
|---|---|
| Latest value | 27.00 |
| Year | 2018 |
| Measure | percent |
| Data availability | 2007 - 2018 |
| Average | 25.10 |
| Min - Max | 18.30 - 30.00 |
| Source | The World Bank |
The latest value from 2018 is 27 percent, a decline from 30 percent in 2013. In comparison, the world average is 20.33 percent, based on data from 8 countries. Historically, the average for Kenya from 2007 to 2018 is 25.1 percent. The minimum value, 18.3 percent, was reached in 2007 while the maximum of 30 percent was recorded in 2013.
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* indicates monthly or quarterly data series
Recent data
Definition: Percentage of small firms (5-19 workers) in the formal sector with a line of credit or a loan from a (formal) financial institution, such as a bank, credit union, microfinance institution, or cooperative.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| ATMs per 100,000 adults | 6.94 | 2021 | ATMs per 100,000 adults |
| Bank branches per 100,000 people | 4.39 | 2021 | bank branches |
| Firms using credit to finance investment | 31.60 | 2018 | percent |
| Small firms with bank credit | 27.00 | 2018 | percent |
| Percent people with credit cards | 6.35 | 2021 | percent |
| Percent people with debit cards | 22.42 | 2021 | percent |
| Domestic credit to the private sector | 32.15 | 2020 | percent |
| Bank credit to the private sector | 31.79 | 2023 | percent |
| Liquid liabilities, percent of GDP | 38.76 | 2021 | percent |
| Bank assets to GDP | 47.86 | 2021 | percent |
| Financial system deposits, percent of GDP | 35.92 | 2021 | percent |
| Bank credit to government | 16.49 | 2020 | percent |
| Banking system concentration | 44.81 | 2021 | percent |
| Foreign bank assets | 36.00 | 2013 | percent of total bank assets |
| Percent people with bank accounts | 50.57 | 2021 | percent |