Economy · East Africa
Kenya Lending Interest Rate
16.6%as of 2024+22.1% vs 2023
Bank rate that usually meets the short- and medium-term financing needs of the private sector. Source: World Bank — World Development Indicators. Updated June 25, 2026.
Trend
History
| Period | Lending Interest Rate |
|---|---|
| 2024 | 16.6% |
| 2023 | 13.6% |
| 2022 | 12.3% |
| 2021 | 12.1% |
| 2020 | 12% |
| 2019 | 12.4% |
| 2018 | 13.1% |
| 2017 | 13.7% |
| 2016 | 16.6% |
| 2015 | 16.1% |
| 2014 | 16.5% |
| 2013 | 17.3% |
Get this via API
The series above is served by the /v1/data endpoint. With a free key you get JSON for every country and indicator on this site.
curl "https://api.africa-api.com/v1/data?country_code=KE&metric_key=lending_interest_rate_pct" \
-H "Authorization: Bearer $AFRICA_API_KEY"Lending Interest Rate across Africa
Rank all 54 ->| Country | Lending Interest Rate |
|---|---|
| Nigeria | 14% |
| South Africa | 11.6% |
| Egypt | 24.3% |
| Ethiopia | 8% |
| Tanzania | 16.7% |
Frequently asked questions
What is Kenya's bank lending interest rate?
Kenya's bank lending interest rate is 16.6% as of 2024, according to World Bank — World Development Indicators.
What is the source for this figure?
The figure comes from World Bank — World Development Indicators and is republished by the Africa API with the retrieval date shown on this page.
How do I get Kenya Lending Interest Rate data via API?
Call GET /v1/data?country_code=KE&metric_key=lending_interest_rate_pct with a free Africa API key to receive the full time series as JSON.
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