Key macroeconomic and debt indicators for Kenya by financial year. All monetary values in KSh millions unless stated.
Macroeconomic Data
Kenya macroeconomic time series — FY 2020/21 to FY 2025/26.
Latest
- New Medium Term Debt Management Strategy 2027 (download)
- New Republic of Kenya Investor Presentation — September 2026 (download)
- New Annual Borrowing Plan FY 2026/2027 (download)
- New August 2026 Monthly Bulletin (download)
- Total public debt 13.47 KES Tn (Aug 2026) · Domestic 7.67 KES Tn · External 5.80 KES Tn
- Total debt/GDP 66.90% · Anchor 55% · Risk: High · Status: Sustainable
- Debt service 1.72 KES Tn (FY 2024/25)
- 91-day T-Bill 8.8% · Central Bank Rate 8.75% · KESONIA 8.8%
- Inflation 6.8% (Sep 2026) · Real GDP growth 4.6% (2025) · KSh/USD 129.5
Real GDP Growth (%)
4.8%
FY 2025/26 · ▲ from 4.6%
Inflation (%)
4.9%
FY 2025/26 · ▲ from 3.6%
Gross Public Debt (% of GDP)
70.4%
FY 2025/26 · ▲ from 69.9%
Growth, inflation and debt
FY 2020/21 – FY 2025/26Overview by financial year
| Indicator | FY 2020/21 | FY 2021/22 | FY 2022/23 | FY 2023/24 | FY 2024/25 | FY 2025/26 |
|---|---|---|---|---|---|---|
| Real GDP Growth (%) | 3.7 | 6.2 | 5.3 | 5.2 | 4.6 | 4.8 |
| Nominal GDP (KSh M) | 11,371,366 | 12,758,652 | 14,261,626 | 15,632,952 | 16,904,926 | 18,627,481 |
| Inflation (%) | 5.3 | 6.3 | 8.8 | 6.2 | 3.6 | 4.9 |
| Exchange Rate (KSh/USD) | 109.2 | 113.1 | 123.4 | 156.5 | 129.3 | 129.5 |
| 91-Day T-Bill Rate (end, %) | 7.0 | 7.9 | 11.5 | 16.0 | 8.2 | 8.7 |
| Fiscal Balance (% of GDP) | 8.8 | 6.2 | 5.6 | 5.3 | 5.9 | 6.8 |
| Gross Public Debt (% of GDP) | 68.4 | 67.6 | 71.9 | 67.5 | 69.9 | 70.4 |
| Total Debt Service / Revenue (%) | 41.5 | 39.8 | 45.3 | 60.2 | 46.2 | 49.4 |
| Debt Service / Exports (%) | 19.1 | 19.4 | 18.8 | 30.8 | 21.2 | 31.1 |
| Current Account Balance (% of GDP) | -3.3 | -4.6 | -4.2 | -2.5 | -1.3 | -2.6 |
Source: PDMO, The National Treasury · FY 2020/21 – FY 2025/26. Updated 30 Oct 2026.
Excel download of Macroeconomic indicators by financial year JSON download of Macroeconomic indicators by financial yearAll monetary values in KSh millions unless stated.