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Kenya - Credit to GDP 2008

Name: Kenya Credit to GDP 2008
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Domestic credit to private sector as % of GDP · World Bank

25.38% +2.34% from 2007 Global rank: 58th

Kenya's credit to gdp was 25.38% in 2008, increased +2.34% from 23.04% in 2007. This was the 58th highest globally.

Global Ranking - 2008▾

Credit to GDP by Country - 2008
Rank	Country	Value	YoY
1st	Chad	2.38%	24.6%
2nd	Iraq	2.68%	8.3%
3rd	Myanmar	3.12%	-8.8%
4th	Congo, Republic of	3.21%	48.1%
5th	Guinea	3.24%	-0.7%
6th	Sierra Leone	3.36%	30.7%
7th	Equatorial Guinea	4.10%	46.4%
8th	Congo, Democratic Republic of	4.34%	80.2%
9th	Guinea-Bissau	5.12%	59.3%
10th	Liberia	6.13%	16.5%
11th	Malawi	6.26%	66.4%
12th	Comoros	6.35%	18.7%
13th	Central African Republic	7.02%	3.5%
14th	Libya	7.30%	18.6%
15th	Yemen, Republic of	7.70%	-5.9%
16th	Niger	8.05%	13.8%
17th	Gabon	8.66%	-13.0%
18th	Haiti	8.68%	7.7%
19th	Gambia, The	8.73%	15.7%
20th	Cameroon	9.24%	11.5%
21st	Sudan	9.38%	-4.4%
22nd	Afghanistan	9.39%	37.3%
23rd	Lao PDR	9.57%	46.2%
24th	Madagascar	9.70%	10.6%
25th	Lesotho	10.02%	0.3%
26th	Mali	10.25%	-25.0%
27th	Tanzania	11.91%	3.9%
28th	Côte d'Ivoire	12.03%	-1.0%
29th	Algeria	12.13%	-1.4%
30th	Argentina	12.31%	-6.0%
31st	Ghana	12.61%	-12.9%
32nd	Benin	12.78%	3.8%
33rd	Rwanda	13.36%	11.1%
34th	Togo	13.62%	-15.7%
35th	Burundi	13.66%	-7.5%
36th	Kyrgyz Republic	13.77%	116.9%
37th	Mozambique	14.01%	39.5%
38th	Burkina Faso	15.09%	18.0%
39th	Timor-Leste	15.80%	-14.7%
40th	Syrian Arab Republic	17.54%	16.3%
41st	West Bank and Gaza	17.57%	-23.2%
42nd	Nigeria	18.63%	35.1%
43rd	Paraguay	18.76%	36.8%
44th	Senegal	18.87%	16.5%
45th	Mauritania	19.21%	17.8%
46th	Mexico	19.76%	-3.3%
47th	Cambodia	19.95%	28.4%
48th	Micronesia, Federated States of	20.25%	-5.3%
49th	Eswatini	20.67%	-4.7%
50th	Dominican Republic	20.74%	0.2%
51st	Guyana	21.84%	-2.3%
52nd	Eritrea	22.06%	6.4%
53rd	Suriname	23.86%	11.7%
54th	Ecuador	23.96%	2.5%
55th	Pakistan	24.17%	4.9%
56th	Djibouti	24.34%	8.1%
57th	Solomon Islands	25.24%	8.5%
58th	Kenya	25.38%	10.1%
59th	Botswana	26.30%	12.1%
60th	Trinidad and Tobago	26.71%	-16.7%
61st	Tajikistan	26.83%	-
62nd	Uruguay	27.17%	18.0%
63rd	Seychelles	27.52%	15.7%
64th	São Tomé and Principe	27.63%	-10.3%
65th	Guatemala	27.76%	-3.1%
66th	Philippines	27.88%	0.9%
67th	Bhutan	28.62%	28.3%
68th	Belarus	28.63%	15.4%
69th	Sri Lanka	29.54%	-13.7%
70th	Peru	29.76%	21.0%
71st	Jamaica	30.19%	10.6%
72nd	Oman	30.65%	-1.1%
73rd	Colombia	31.34%	2.5%
74th	Nicaragua	31.39%	-4.8%
75th	Bolivia, Plurinational State of	31.49%	-8.3%
76th	Brunei Darussalam	31.77%	-7.1%
77th	Türkiye	33.16%	-
78th	Bangladesh	34.04%	6.2%
79th	Georgia	34.44%	-
80th	Serbia	35.44%	15.9%
81st	Romania	35.91%	5.6%
82nd	Kosovo	36.09%	-
83rd	Saudi Arabia	37.68%	1.7%
84th	Mongolia	39.90%	-4.0%
85th	Slovak Republic	40.70%	8.9%
86th	Qatar	40.80%	-1.9%
87th	Russian Federation	41.55%	10.0%
88th	Egypt, Arab Republic of	42.80%	-6.0%
89th	Czechia	43.28%	11.8%
90th	Iran, Islamic Republic of	45.32%	-3.7%
91st	Brazil	45.78%	12.5%
92nd	St. Vincent and the Grenadines	46.41%	0.3%
93rd	Dominica	46.73%	0.4%
94th	Poland	47.11%	27.1%
95th	Cabo Verde	47.72%	14.2%
96th	Tunisia	48.51%	1.0%
97th	Costa Rica	49.38%	12.8%
98th	Belize	49.41%	8.5%
99th	India	49.56%	8.6%
100th	Aruba	50.66%	-2.1%
101st	El Salvador	51.05%	-0.9%
102nd	Honduras	51.29%	-1.9%
103rd	Nepal	51.65%	38.5%
104th	Tonga	52.27%	-5.1%
105th	Macao SAR, China	53.28%	12.6%
106th	Vanuatu	55.06%	25.7%
107th	St. Kitts and Nevis	55.08%	0.6%
108th	Samoa	57.20%	-3.7%
109th	Kuwait	57.26%	-3.9%
110th	Maldives	57.73%	5.7%
111th	Antigua and Barbuda	58.66%	3.1%
112th	Hungary	59.36%	11.6%
113th	Bahamas, The	62.10%	6.0%
114th	Belgium	62.76%	-8.3%
115th	Bahrain	64.21%	20.9%
116th	Bosnia and Herzegovina	65.61%	8.9%
117th	Bulgaria	66.92%	14.5%
118th	Israel	69.01%	5.0%
119th	Grenada	70.08%	1.9%
120th	Barbados	75.53%	6.0%
121st	Lebanon	76.28%	2.9%
122nd	Slovenia	76.77%	7.6%
123rd	Jordan	78.43%	-14.4%
124th	Finland	80.11%	5.0%
125th	Mauritius	80.69%	14.2%
126th	Viet Nam	82.87%	-3.2%
127th	Italy	83.38%	2.4%
128th	Ukraine	84.56%	-
129th	Fiji	85.91%	9.1%
130th	Montenegro	86.61%	8.2%
131st	St. Lucia	88.87%	3.7%
132nd	Estonia	89.67%	7.1%
133rd	Greece	90.51%	5.5%
134th	France	92.64%	4.1%
135th	Germany	95.40%	-0.1%
136th	Austria	96.44%	3.1%
137th	Malaysia	96.75%	-4.8%
138th	Singapore	97.86%	14.7%
139th	Chile	100.17%	19.1%
140th	China	100.41%	-3.6%
141st	Luxembourg	101.15%	18.6%
142nd	European Union	101.35%	2.0%
143rd	Thailand	105.76%	-0.6%
144th	Netherlands	110.22%	-2.2%
145th	Malta	114.42%	5.3%
146th	Sweden	118.42%	6.4%
147th	Norway	119.25%	11.4%
148th	Australia	121.44%	1.0%
149th	Canada	124.10%	0.5%
150th	South Africa	125.96%	-11.6%
151st	Korea	136.20%	9.8%
152nd	Hong Kong SAR, China	140.29%	2.6%
153rd	Switzerland	145.87%	-5.0%
154th	Portugal	151.48%	6.5%
155th	Japan	160.92%	-1.2%
156th	Ireland	166.32%	5.2%
157th	Spain	170.74%	1.9%
158th	United States	185.13%	-10.3%
159th	United Kingdom	190.15%	12.1%
160th	Denmark	190.32%	3.4%
161st	Iceland	190.99%	-21.5%
162nd	Cyprus	212.21%	17.4%

FAQ

What was Kenya's credit to gdp in 2008?▾

Kenya's credit to gdp in 2008 was 25.38%. This ranked 58th globally.

How did Kenya's credit to gdp change in 2008?▾

Kenya's credit to gdp increased by 10.1% in 2008 compared to 2007.

Which country had the highest credit to gdp in 2008?▾

Cyprus had the highest credit to gdp in 2008 at 212.21%.

What is the credit to gdp of Kenya in 2008?▾

The credit to gdp of Kenya in 2008 was 25.38%. This ranked 58th globally.

How does 2008 compare to 2007 for Kenya's credit to gdp?▾

Kenya's credit to gdp went from 23.04% in 2007 to 25.38% in 2008, a 10.1% increase.

HistorySaid - pattern alert

Kenya matched the Fiscal Dominance Trap pattern in 2008. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 4.0%. View full analysis →

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