KENYA'S DEBT OVER THE YEARS



INTRODUCTION



Over the years, Kenya’s quest to fulfill development agendas has led to increase in domestic and external debts. External debt means that it is the portion of a country's debt that is borrowed from foreign lenders, including commercial banks, governments, or international financial institutions while domestic debt means that it is the part of the total government debt in a country that is owed to lenders within the country.

Below is a comparison between Kenya’s external debt and domestic debt from 2000 to 2020.

In each year we are looking at the month that reflected the highest external, domestic and total debt.



In April and May 2020, are the months with the highest amount of domestic debt and external debt at kshs.49226.42 million and kshs.179,097.86 million respectively. In May 2020, there is the highest total debt at kshs.212826 million.





In 2019, February is the month with the highest monthly domestic debt at kshs.86,782.63 million while June is the month with the highest monthly external debt and total debt at kshs.188,295.43 million and kshs.201,164.85 million respectively.





In 2018, February is the month with the highest monthly domestic debt at kshs.90,918.69 million, highest monthly external debt at kshs.185,551.58 million and the highest monthly total debt at kshs.201,164.85 million.





In 2017, June has the highest amount of monthly domestic at kshs.165,895.14 million. March, has the highest monthly external debt at kshs.66,238.81 million and the highest total monthly debt at kshs.209,328.17 million.





In 2016, February is the month with the highest monthly domestic debt at kshs.82,458.10 million while June is the month with the highest monthly external debt and highest monthly total debt at kshs.122,624.47 million and kshs.187,768.19 million respectively.





In 2015, October is the month with the highest monthly domestic debt at kshs.65,983.08 million. February is the month with the highest monthly external debt at kshs.133,397.67 million and the highest monthly total debt at kshs.152,057.52 million.





In 2014, June is the month with the highest monthly domestic debt at kshs.52,285.70 million, highest monthly external debt at kshs.128,035.34 million and the highest monthly total debt at kshs.187,768.19 million.





In April and July 2013, there was the highest amount of monthly domestic and external debt at kshs.83,698.46 million and kshs.31,667.73 million respectively. In April 2013, there is the highest total monthly debt at kshs.87,794.85 million





In February and June 2012, there was the highest amount of monthly domestic and external debt at kshs.68,014.61 million and kshs.53,510 million respectively. In September 2012, there is the highest total monthly debt at kshs.50,959.25 million





In October and June 2011, there was the highest amount of monthly domestic debt and external debt at kshs.30,290.97 million and kshs.47,001.19 million respectively. In June 2011, there is the highest total monthly debt at kshs.64,649.26 million





In March and September 2010, there was the highest amount of monthly domestic and external debt at kshs.31,603.71 million and kshs.28,056.12 million respectively. In June 2010, there is the highest total monthly debt at kshs.64,649.26 million





In June and December 2009, there was the highest amount of monthly domestic and external debt at kshs.29,111.76 million and kshs.67,737.83 million respectively. In December 2009, there is the highest total monthly debt at kshs.93,781.37 million.





In September and December 2008, there was the highest amount of monthly domestic and external debt at kshs.5,844.48 million and kshs.66,422.98 million respectively. In December 2008, there is the highest total monthly debt at kshs.71,258.80 million.





In June and July 2007, there was the highest amount of monthly domestic and external debt at kshs.13,894.50 million and kshs.13,948.75 million respectively. In July 2007, there is the highest total monthly debt at kshs.19,487.66 million.





In June 2006, there was the highest amount of monthly domestic debt at kshs.8,349.02 million, external debt at kshs.24,743.14 million and the highest total monthly debt at kshs.33,092.15 million.





In April and June 2005, there was the highest amount of monthly domestic and external debt at kshs.10,830.40 million and kshs.10,499.20 million respectively. In June 2005, there is the highest total monthly debt at kshs.21,096.05 million.





In June 2004, there was the highest amount of monthly domestic at kshs.6,887.37 million, external debt at kshs.34,609.89 million and the highest total monthly debt at kshs.41,497.26 million.





In June 2003, there was the highest amount of monthly domestic at kshs.8,447.99 million, external debt at kshs.45,321.80 million and the highest total monthly debt at kshs.53,769.79 million.





In July and August 2002 there was the highest amount of monthly domestic and external debt at kshs.6,111.05 million and kshs.155.57 million respectively. In August 2002, there is the highest total monthly debt at kshs.5,222.50 million.





In April and May 2001 there was the highest amount of monthly domestic and external debt at kshs.9,958.86 million and kshs.5,792.33 million respectively. In April 2001, there is the highest total monthly debt at kshs.8,893.63 million.