Cash in circulation in Kenya made up 2.7 percent of the country's Gross Domestic Product (GDP) in 2019, down from 3.2 percent in 2018. The ratio has been decreasing in the last years, indicating a reduction in the dominance of coins and banknotes for transactions in the country.
Currency in circulation as a percentage of Gross Domestic Product (GDP) in Kenya from 2010 to 2019
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Cytonn Investments. (February 7, 2021). Currency in circulation as a percentage of Gross Domestic Product (GDP) in Kenya from 2010 to 2019 [Graph]. In Statista. Retrieved December 25, 2024, from https://www.statista.com/statistics/1232727/currency-in-circulation-as-a-percentage-of-gdp-in-kenya/
Cytonn Investments. "Currency in circulation as a percentage of Gross Domestic Product (GDP) in Kenya from 2010 to 2019." Chart. February 7, 2021. Statista. Accessed December 25, 2024. https://www.statista.com/statistics/1232727/currency-in-circulation-as-a-percentage-of-gdp-in-kenya/
Cytonn Investments. (2021). Currency in circulation as a percentage of Gross Domestic Product (GDP) in Kenya from 2010 to 2019. Statista. Statista Inc.. Accessed: December 25, 2024. https://www.statista.com/statistics/1232727/currency-in-circulation-as-a-percentage-of-gdp-in-kenya/
Cytonn Investments. "Currency in Circulation as a Percentage of Gross Domestic Product (Gdp) in Kenya from 2010 to 2019." Statista, Statista Inc., 7 Feb 2021, https://www.statista.com/statistics/1232727/currency-in-circulation-as-a-percentage-of-gdp-in-kenya/
Cytonn Investments, Currency in circulation as a percentage of Gross Domestic Product (GDP) in Kenya from 2010 to 2019 Statista, https://www.statista.com/statistics/1232727/currency-in-circulation-as-a-percentage-of-gdp-in-kenya/ (last visited December 25, 2024)
Currency in circulation as a percentage of Gross Domestic Product (GDP) in Kenya from 2010 to 2019 [Graph], Cytonn Investments, February 7, 2021. [Online]. Available: https://www.statista.com/statistics/1232727/currency-in-circulation-as-a-percentage-of-gdp-in-kenya/