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 November 23, 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 November 23, 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: November 23, 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 November 23, 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/