Kenya M2 Growth
1996 - 2024 | Monthly | % | CEIC Data
Key information about Kenya M2 Growth
- Kenya Money Supply M2 increased 3.7 % YoY in Sep 2024, compared with a growth of 4.7 % in the previous month
- Kenya Money Supply M2 growth data is updated monthly, available from Dec 1996 to Sep 2024
- The data reached an all-time high of 27.9 % in Apr 2008 and a record low of -2.6 % in Aug 2001
CEIC calculates M2 Growth Rate from monthly M2. The Central Bank of Kenya provides M2 in local currency
View Kenya's M2 Growth from Dec 1996 to Sep 2024 in the chart:
What was Kenya's M2 Growth in Sep 2024?
Kenya Money Supply M2 increased 3.7 % YoY in Sep 2024, compared with a growth of 4.7 % in the previous month See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 3.7 Sep 2024 | 4.7 Aug 2024 | -2.6 Aug 2001 | 27.9 Apr 2008 | % | monthly | Dec 1996 - Sep 2024 |
M2 Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 5.9 Sep 2024 | monthly | Dec 1994 - Sep 2024 |
| Algeria (%) | 6.0 Dec 2023 | monthly | Jan 2002 - Dec 2023 |
| Argentina (%) | 190.2 Aug 2024 | monthly | Jan 1991 - Aug 2024 |
| Armenia (%) | 15.1 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
| Australia (%) | 5.4 Sep 2024 | monthly | Mar 1966 - Sep 2024 |
| Austria (%) | 2.7 Aug 2024 | monthly | Sep 1998 - Aug 2024 |
| Azerbaijan (%) | 19.7 May 2023 | monthly | Dec 1996 - May 2023 |
| Bahrain (%) | 5.3 Sep 2024 | monthly | Dec 1975 - Sep 2024 |
| Bangladesh (%) | 7.9 Sep 2024 | monthly | Jun 1987 - Sep 2024 |
| Belarus (%) | 28.9 Sep 2024 | monthly | Dec 1990 - Sep 2024 |
| Belgium (%) | 6.0 Sep 2024 | monthly | Dec 1997 - Sep 2024 |
| Bolivia (%) | 15.3 Jun 2024 | monthly | Dec 1988 - Jun 2024 |
| Bosnia and Herzegovina (%) | 7.9 Sep 2024 | monthly | Aug 1998 - Sep 2024 |
| Botswana (%) | 12.0 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
| Brazil (%) | 13.4 Sep 2024 | monthly | Jan 1971 - Sep 2024 |
| Bulgaria (%) | 8.8 Sep 2024 | monthly | Dec 1996 - Sep 2024 |
| Cambodia (%) | 14.3 Aug 2024 | monthly | Jan 1996 - Aug 2024 |
| Canada (%) | 5.7 Aug 2024 | monthly | Jan 1969 - Aug 2024 |
| Chile (%) | 5.4 Sep 2024 | monthly | Jan 1987 - Sep 2024 |
| China (%) | 6.8 Sep 2024 | monthly | Mar 1997 - Sep 2024 |
| Colombia (%) | 7.2 Sep 2024 | monthly | Dec 1980 - Sep 2024 |
| Croatia (%) | 3.3 Sep 2024 | monthly | Jun 1995 - Sep 2024 |
| Cyprus (%) | -5.2 2014 | yearly | 2006 - 2014 |
| Czech Republic (%) | 6.2 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
| Denmark (%) | 3.4 Aug 2017 | monthly | Jan 1996 - Aug 2017 |
| Ecuador (%) | 8.4 Aug 2024 | monthly | Dec 2007 - Aug 2024 |
| Egypt (%) | 29.6 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| Estonia (%) | 6.2 Sep 2024 | monthly | Jan 2012 - Sep 2024 |
| European Union (%) | 2.2 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
| Finland (%) | -0.2 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
| France (%) | 0.7 Aug 2024 | monthly | Dec 1978 - Aug 2024 |
| Georgia (%) | 20.3 Sep 2024 | monthly | Oct 1996 - Sep 2024 |
| Germany (%) | 2.9 Sep 2024 | monthly | Jan 1970 - Sep 2024 |
| Ghana (%) | 35.6 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Greece (%) | 2.0 Sep 2024 | monthly | Jan 2002 - Sep 2024 |
| Hong Kong SAR, China (%) | 8.5 Sep 2024 | monthly | Dec 1981 - Sep 2024 |
| Hungary (%) | 5.6 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Iceland (%) | 7.4 Aug 2024 | monthly | Sep 1987 - Aug 2024 |
| India (%) | 8.1 Aug 2024 | monthly | Mar 1995 - Aug 2024 |
| Indonesia (%) | 7.2 Sep 2024 | monthly | Feb 1969 - Sep 2024 |
| Iran (%) | 26.8 Jun 2024 | monthly | Dec 2000 - Jun 2024 |
| Ireland (%) | 5.1 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Israel (%) | 7.5 Jul 2024 | monthly | Apr 1982 - Jul 2024 |
| Italy (%) | 1.1 Aug 2024 | monthly | Dec 1975 - Aug 2024 |
| Ivory Coast (%) | 4.6 Jul 2024 | monthly | Jan 2005 - Jul 2024 |
| Japan (%) | 1.3 Sep 2024 | monthly | Jan 1968 - Sep 2024 |
| Jordan (%) | 6.0 Sep 2024 | monthly | Jan 1991 - Sep 2024 |
| Kazakhstan (%) | 18.9 Sep 2024 | monthly | Dec 1994 - Sep 2024 |
| Kenya (%) | 3.7 Sep 2024 | monthly | Dec 1996 - Sep 2024 |
| South Korea (%) | 6.2 Aug 2024 | monthly | Jan 1971 - Aug 2024 |
| Kosovo (%) | 11.3 2023 | yearly | 2002 - 2023 |
| Kuwait (%) | 3.7 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
| Kyrgyzstan (%) | 30.0 Aug 2024 | monthly | Jan 1995 - Aug 2024 |
| Laos (%) | 34.6 Jun 2024 | quarterly | Dec 2000 - Jun 2024 |
| Latvia (%) | 4.5 Sep 2024 | monthly | Jan 2015 - Sep 2024 |
| Lebanon (%) | -17.2 Feb 2024 | monthly | Dec 1980 - Feb 2024 |
| Lithuania (%) | 8.3 Sep 2024 | monthly | Dec 1994 - Sep 2024 |
| Luxembourg (%) | 3.4 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Macau SAR, China (%) | 6.7 Sep 2024 | monthly | Jun 1985 - Sep 2024 |
| North Macedonia (%) | 4.8 Sep 2024 | monthly | Jan 2004 - Sep 2024 |
| Malawi (%) | 36.0 Jun 2023 | monthly | Jan 1976 - Jun 2023 |
| Malaysia (%) | 4.2 Sep 2024 | monthly | Dec 1970 - Sep 2024 |
| Malta (%) | 4.1 Aug 2024 | monthly | Jan 2009 - Aug 2024 |
| Mauritius (%) | 9.9 Jul 2024 | monthly | Jul 1977 - Jul 2024 |
| Mexico (%) | 12.7 Sep 2024 | monthly | Dec 1986 - Sep 2024 |
| Moldova (%) | 19.9 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Mongolia (%) | 25.9 Sep 2024 | monthly | Dec 1997 - Sep 2024 |
| Montenegro (%) | 12.0 2023 | yearly | 2003 - 2023 |
| Morocco (%) | 8.7 Sep 2024 | monthly | Jan 1986 - Sep 2024 |
| Mozambique (%) | 13.8 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
| Myanmar (%) | 15.9 Mar 2024 | quarterly | Dec 2002 - Mar 2024 |
| Nepal (%) | 13.9 Sep 2024 | monthly | Jan 2002 - Sep 2024 |
| Netherlands (%) | -0.0 Sep 2024 | monthly | Dec 1957 - Sep 2024 |
| New Zealand (%) | 3.0 Sep 2024 | monthly | Mar 1989 - Sep 2024 |
| Nigeria (%) | 63.3 Aug 2024 | monthly | Nov 1993 - Aug 2024 |
| Norway (%) | 2.6 Sep 2024 | monthly | Dec 1993 - Sep 2024 |
| Oman (%) | 12.4 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Pakistan (%) | 15.0 Sep 2024 | monthly | Jan 1989 - Sep 2024 |
| Palestinian Territory (%) | 8.8 Sep 2024 | monthly | Jul 2003 - Sep 2024 |
| Panama (%) | 8.7 Jul 2024 | monthly | Dec 2003 - Jul 2024 |
| Paraguay (%) | 11.3 Sep 2024 | monthly | Dec 1989 - Sep 2024 |
| Peru (%) | 11.4 Sep 2024 | monthly | Jan 1993 - Sep 2024 |
| Philippines (%) | 7.8 Jul 2024 | monthly | Dec 1989 - Jul 2024 |
| Poland (%) | 7.7 Aug 2024 | monthly | Dec 1997 - Aug 2024 |
| Portugal (%) | 6.8 Sep 2024 | monthly | Dec 1980 - Sep 2024 |
| Qatar (%) | 5.0 Sep 2024 | monthly | Jan 1983 - Sep 2024 |
| Romania (%) | 9.0 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
| Russia (%) | 18.8 Sep 2024 | monthly | Dec 1992 - Sep 2024 |
| Saudi Arabia (%) | 11.3 Sep 2024 | monthly | Jan 1994 - Sep 2024 |
| Serbia (%) | 15.5 Sep 2024 | monthly | Aug 2002 - Sep 2024 |
| Singapore (%) | 4.6 Sep 2024 | monthly | Mar 2005 - Sep 2024 |
| Slovakia (%) | 5.6 Sep 2024 | monthly | Dec 2001 - Sep 2024 |
| Slovenia (%) | 2.5 Sep 2024 | monthly | Jan 2008 - Sep 2024 |
| South Africa (%) | 6.8 Aug 2024 | monthly | Mar 1966 - Aug 2024 |
| Spain (%) | 4.2 Sep 2024 | monthly | Jan 1963 - Sep 2024 |
| Sri Lanka (%) | 10.6 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
| Sudan (%) | 43.9 Feb 2023 | monthly | Dec 2004 - Feb 2023 |
| Sweden (%) | 1.6 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Switzerland (%) | -10.4 Jun 2023 | monthly | Dec 1985 - Jun 2023 |
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Learn more about what we doKenya Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.0 Jun 2024 | quarterly | Dec 2009 - Jun 2024 |
| Tax Revenue (USD mn) | 12,866.615 Apr 2024 | monthly | Sep 1999 - Apr 2024 |
| Tax Revenue: % of GDP (%) | 7.0 2023 | yearly | 2006 - 2023 |
| National Government Debt (USD mn) | 81,536.2 Jun 2024 | monthly | Sep 1999 - Jun 2024 |
| Government Debt: % of GDP (%) | 67.2 Jun 2024 | quarterly | Dec 2009 - Jun 2024 |
| Forecast: Government Expenditure (KES bn) | 6,278.921 2029 | yearly | 1982 - 2029 |
| Forecast: Government Net Debt (KES bn) | 17,845.284 2029 | yearly | 1998 - 2029 |
| Forecast: Government Revenue (KES bn) | 5,350.228 2029 | yearly | 1982 - 2029 |
| Central Government Revenue and Grants: ytd: Revenue: Tax: Excise Duty (KES mn) | 19,800.000 Jul 2024 | monthly | Sep 1999 - Jul 2024 |
| Central Government Revenue and Grants: ytd: Revenue: Tax: VAT (KES mn) | 48,800.000 Jul 2024 | monthly | Sep 1999 - Jul 2024 |
| Central Government Expenditure: ytd: Development (KES mn) | 11,400.000 Jul 2024 | monthly | Sep 1999 - Jul 2024 |
| Central Government Expenditure: ytd (KES mn) | 182,700.000 Jul 2024 | monthly | Sep 1999 - Jul 2024 |
| Central Government Revenue and Grants: ytd: Revenue (KES mn) | 192,500.000 Jul 2024 | monthly | Sep 1999 - Jul 2024 |
| Central Government Revenue and Grants: ytd: Revenue: Tax (KES mn) | 1,692,856.420 Apr 2024 | monthly | Sep 1999 - Apr 2024 |
| Central Government Expenditure: ytd: Recurrent (KES mn) | 2,032,665.163 Apr 2024 | monthly | Sep 1999 - Apr 2024 |
| Central Government Surplus or Deficit (KES bn) | -478.312 2020 | yearly | 1998 - 2020 |
| Central Government Debt: External (KES mn) | 5,150,839.749 Jun 2024 | monthly | Sep 1999 - Jun 2024 |
| Central Government Debt: Domestic (KES mn) | 5,410,300.000 Jun 2024 | monthly | Sep 1999 - Jun 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 7.212 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -1,029.6 Aug 2024 | monthly | Oct 1992 - Aug 2024 |
| Total Exports (USD mn) | 721.9 Aug 2024 | monthly | Aug 1998 - Aug 2024 |
| Total Exports Growth (%) | -1.0 Aug 2024 | monthly | Aug 1999 - Aug 2024 |
| Aluminum: Exports (USD th) | 7,313.809 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 125,626.451 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 16,738.751 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 1,751.5 Aug 2024 | monthly | Aug 1998 - Aug 2024 |
| Total Imports Growth (%) | -5.2 Aug 2024 | monthly | Aug 1999 - Aug 2024 |
| Imports: Medicament (USD th) | 485,345.284 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 157,854.152 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 49.691 May 2024 | monthly | Jan 1998 - May 2024 |
| Total Imports from USA (USD mn) | 85.623 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
| Total Exports to China (USD mn) | 21.561 Jul 2024 | monthly | Apr 1998 - Jul 2024 |
| Total Imports from China (USD mn) | 356.737 May 2024 | monthly | Jan 2001 - May 2024 |
| Imports (KES mn) | 226,509.400 Aug 2024 | monthly | Aug 1998 - Aug 2024 |
| Exports: Re-Exports (KES mn) | 13,722.030 Aug 2024 | monthly | Aug 1998 - Aug 2024 |
| Exports (KES mn) | 93,359.140 Aug 2024 | monthly | Aug 1998 - Aug 2024 |
| Exports: Domestic: Cement (KES mn) | 410.320 May 2024 | monthly | Aug 1998 - May 2024 |
| Exports: Domestic: Coffee (KES mn) | 3,710.280 Aug 2024 | monthly | Aug 1998 - Aug 2024 |
| Exports: Domestic: Chemicals (KES mn) | 6,851.990 May 2024 | monthly | Aug 1998 - May 2024 |
| Exports: Domestic: Horticulture (KES mn) | 12,876.500 May 2024 | monthly | Aug 1998 - May 2024 |
| Exports: Domestic: Tea (KES mn) | 14,713.160 Aug 2024 | monthly | Aug 1998 - Aug 2024 |
| Exports: Netherlands (KES mn) | 5,327.110 May 2024 | monthly | Jan 1998 - May 2024 |
| Exports: United Kingdom (KES mn) | 4,408.330 May 2024 | monthly | Jan 1998 - May 2024 |
| Exports: Uganda (KES mn) | 11,592.650 May 2024 | monthly | Jan 1998 - May 2024 |
| Exports: Tanzania (KES mn) | 5,405.380 May 2024 | monthly | Jan 1998 - May 2024 |
| Imports: United Arab Emirates (KES mn) | 31,011.700 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
| Imports: India (KES mn) | 26,115.020 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
| Imports: South Africa (KES mn) | 2,795.870 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
| Imports: Saudi Arabia (KES mn) | 2,068.310 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
| Imports Volume Index (2009=100) | 126.600 2021 | yearly | 2007 - 2021 |
| Export Value Index (2015=100) | 114.099 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 121.536 2021 | yearly | 1980 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 11.1 Dec 2021 | quarterly | Mar 2016 - Dec 2021 |
| Non-Performing Loans (USD mn) | 2,674.259 Dec 2019 | monthly | Apr 2001 - Dec 2019 |
| Money Supply M1 (USD mn) | 15,269.477 Sep 2024 | monthly | Dec 1995 - Sep 2024 |
| Money Supply M2 (USD mn) | 31,297.631 Sep 2024 | monthly | Dec 1995 - Sep 2024 |
| M2 Growth (%) | 3.7 Sep 2024 | monthly | Dec 1996 - Sep 2024 |
| Reserve Requirement Ratio (%) | 4.3 Mar 2023 | monthly | Dec 1999 - Mar 2023 |
| Foreign Exchange Reserves (USD mn) | 8,024.1 Jul 2024 | monthly | Dec 2000 - Jul 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 7.721 Jun 2024 | quarterly | Dec 2009 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 4.1 Mar 2024 | monthly | Sep 2005 - Mar 2024 |
| Gold Reserves (USD mn) | 1.411 Aug 2024 | monthly | Sep 1973 - Aug 2024 |
| Total Deposits (USD mn) | 34,595.742 Dec 2023 | monthly | Jan 1999 - Dec 2023 |
| Total Deposits Growth (%) | 22.5 Dec 2023 | monthly | Jan 2000 - Dec 2023 |
| Domestic Credit (USD mn) | 48,136.4 Sep 2024 | monthly | Dec 1995 - Sep 2024 |
| Domestic Credit Growth (%) | 2.3 Sep 2024 | monthly | Dec 1996 - Sep 2024 |
| Total Loans (USD mn) | 44,674.778 Dec 2023 | monthly | Jan 1999 - Dec 2023 |
| Total Loans Growth (%) | 12.65 Dec 2023 | monthly | Jan 2000 - Dec 2023 |
| Private Debt: % of Nominal GDP (%) | 29.90 Dec 2023 | quarterly | Dec 2009 - Dec 2023 |
| Money Supply: M3 (KES mn) | 5,381,431.582 Sep 2024 | monthly | Dec 1995 - Sep 2024 |
| Money Supply: M3: M2 (KES mn) | 4,043,519.407 Sep 2024 | monthly | Dec 1995 - Sep 2024 |
| Money Supply: M3: M2: M1 (KES mn) | 1,972,750.707 Sep 2024 | monthly | Dec 1995 - Sep 2024 |
More Indicators for Kenya
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