Nonperforming Loans Statistics in Kenya (2026)
In 2023, bank nonperforming loans in Kenya stood at 12.3% of total gross loans, according to World Bank World Development Indicators data. Up from 10.8% in 2022 to 12.3% in 2023 (+1.6 percentage points). Kenya ranks #21 of 29 economies in Sub-Saharan Africa on this measure, and #128 of 144 globally.
Key Statistics
- Latest value (2023)
- 12.3% (2023)
- Nonperforming Loans in Kenya as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2022
- +1.6 pp (2023)
- Up from 10.8% in 2022 to 12.3% in 2023 (+1.6 percentage points).
- Earliest value in this dataset (2006)
- 12.3% (2006)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 12.3% in 2006 to 12.3% in 2023.
- Peak value (2006)
- 12.3% (2006)
- Highest value in the available series; the 2023 value is 12.3%.
- Rank in Sub-Saharan Africa (lower is better; rank 1 = lowest)
- #21 of 29 (2023)
- Kenya ranks 21 of 29 countries in Sub-Saharan Africa with data, based on each country's latest value. Ranked ascending because lower values are better for this metric.
- Global rank (lower is better; rank 1 = lowest)
- #128 of 144 (2023)
- Kenya ranks 128 of 144 countries with data globally. Ranked ascending because lower values are better for this metric.
- Sub-Saharan Africa average
- 9.7% (2023)
- Kenya (12.3%) is above the average of 9.7% across the 29 countries in Sub-Saharan Africa with data.
- Domestic credit to private sector (% of GDP) (2023)
- 31.8% (2023)
- Related indicator from World Bank World Development Indicators.
- Internet use in Kenya (2024)
- 35% (2024)
- 35% of the population in Kenya used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 56.4 million (2024)
- Kenya had a population of 56.4 million in 2024 (World Bank); shown for scale only.
Trend, 2006–2023
| Year | % of total gross loans | Change |
|---|---|---|
| 2023 | 12.3% | +1.6 pp |
| 2022 | 10.8% | −0.1 pp |
| 2021 | 10.9% | −1.0 pp |
| 2020 | 11.9% | +2.1 pp |
| 2019 | 9.7% | −2.3 pp |
| 2018 | 12% | +2.1 pp |
| 2017 | 9.9% | +1.4 pp |
| 2016 | 8.6% | +2.6 pp |
| 2015 | 6% | +0.5 pp |
| 2014 | 5.5% | +0.4 pp |
| 2013 | 5% | +0.5 pp |
| 2012 | 4.6% | +0.2 pp |
| 2011 | 4.4% | −0.7 pp |
| 2010 | 5.1% | −1.7 pp |
| 2009 | 6.8% | −2.2 pp |
| 2008 | 9% | +2.0 pp |
| 2007 | 7% | −5.3 pp |
| 2006 | 12.3% | — |
Frequently asked questions
What is the latest figure for bank nonperforming loans in Kenya?
Bank nonperforming loans in Kenya stood at 12.3% of total gross loans in 2023, according to World Bank World Development Indicators data.
When did nonperforming loans in Kenya peak?
The highest value in the available series was 12.3% in 2006; the latest (2023) value is 12.3%.
How recent is the nonperforming loans data for Kenya?
The most recent observation is from 2023. World Bank World Development Indicators data is reported with a lag, so 2023 is the latest available year for Kenya.
Where does the nonperforming loans data for Kenya come from?
The data comes from the World Bank World Development Indicators (indicator FB.AST.NPER.ZS). The latest observation for Kenya is from 2023; the snapshot was retrieved on 2026-06-10.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FB.AST.NPER.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .