Kenya—Real Interest Rate (%)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #30 of 112Updated April 2026
Latest Value
7.8%
2023
YoY Change
+54.2%
2022 → 2023
Global Rank
#30
of 112 countries
Maximum
17.8%
2001
Minimum
-10.1%
2009
CAGR
-2.9%
24 years
Last
7.8%
Previous
5.0%
Highest
17.8%
Lowest
-10.1%
Source
World Bank World Development Indicators
Kenya's real interest rate (%) was 7.8% in 2023, ranking #30 out of 112 countries. This represents a +54.2% change from 2022. Over the past 24 years, the highest recorded value was 17.8% (2001) and the lowest was -10.1% (2009). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 7.8% | +54.2% |
| 2022 | 5.0% | -32.3% |
| 2021 | 7.4% | +10.6% |
| 2020 | 6.7% | -14.3% |
| 2019 | 7.8% | -7.7% |
| 2018 | 8.5% | +50.1% |
| 2017 | 5.7% | -44.1% |
| 2016 | 10.1% | +61.4% |
| 2015 | 6.3% | -24.0% |
| 2014 | 8.2% | -11.2% |
| 2013 | 9.3% | -0.2% |
| 2012 | 9.3% | +105.8% |
| 2011 | 4.5% | -63.9% |
| 2010 | 12.5% | +224.1% |
| 2009 | -10.1% | -925.0% |
| 2008 | -1.0% | -120.4% |
| 2007 | 4.8% | +160.2% |
| 2006 | -8.0% | -205.3% |
| 2005 | 7.6% | +50.8% |
| 2004 | 5.0% | -48.4% |
| 2003 | 9.8% | -43.7% |
| 2002 | 17.4% | -2.6% |
| 2001 | 17.8% | +16.2% |
| 2000 | 15.3% |
Top Countries — Real Interest Rate (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Madagascar | 42.9% | 2023 |
| 2 | Brazil | 34.7% | 2024 |
| 3 | Azerbaijan | 16.3% | 2024 |
| 4 | Kyrgyz Republic | 14.4% | 2024 |
| 5 | Mozambique | 14.3% | 2024 |
| 6 | Papua New Guinea | 13.3% | 2023 |
| 7 | Timor-Leste | 12.1% | 2024 |
| 8 | Rwanda | 11.8% | 2024 |
| 9 | Armenia | 11.6% | 2024 |
| 10 | Seychelles | 10.6% | 2024 |