The domestic credit to the private sector as a share of GDP in Kenya saw no significant changes in 2023 in comparison to the previous year 2022 and remained at around 31.82 percent. However, 2023 marked the second consecutive increase of the share. Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations that establish a claim for repayment. Examples include financial resources provided through loans, purchases of nonequity securities, trade credits, and other accounts receivable.
Find more statistics on other topics about Kenya with key insights such as deposit interest rate.
Domestic credit to private sector as share of GDP in Kenya from 2004 to 2023
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World Bank. (October 24, 2024). Domestic credit to private sector as share of GDP in Kenya from 2004 to 2023 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/592416/domestic-credit-to-private-sector-as-share-of-gdp-kenya/
World Bank. "Domestic credit to private sector as share of GDP in Kenya from 2004 to 2023." Chart. October 24, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/592416/domestic-credit-to-private-sector-as-share-of-gdp-kenya/
World Bank. (2024). Domestic credit to private sector as share of GDP in Kenya from 2004 to 2023. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/592416/domestic-credit-to-private-sector-as-share-of-gdp-kenya/
World Bank. "Domestic Credit to Private Sector as Share of Gdp in Kenya from 2004 to 2023." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/592416/domestic-credit-to-private-sector-as-share-of-gdp-kenya/
World Bank, Domestic credit to private sector as share of GDP in Kenya from 2004 to 2023 Statista, https://www.statista.com/statistics/592416/domestic-credit-to-private-sector-as-share-of-gdp-kenya/ (last visited December 21, 2024)
Domestic credit to private sector as share of GDP in Kenya from 2004 to 2023 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/592416/domestic-credit-to-private-sector-as-share-of-gdp-kenya/