Country profile · Edition 1

🇰🇪Kenya

Africa

Score

63.2

Rank

27 of 46

Overview

Kenya ranks 27th of 46 economies, with a score of 63.2 out of 100. It is 1st of 5 ranked economies in Africa.

Strongest: Digital banking (89); Consumer protection and Government support (83). Weakest: Credit access (38); Credit literacy (38).

Dimension scores

Credit literacy38.0

Credit access37.5

Financial inclusion69.9

Digital banking89.3

Innovation66.7

Consumer protection83.3

Government support83.3

Financial educationNo score

This dimension needs both of its policy items verified from a public source. For Kenya, no public source could be found for: Public financial education body.

Youth education66.7

Public awareness50.0

Dimensions with no score are left out of the overall score, never counted as zero.

Not yet measured: Reporting transparency, Alternative infrastructure.

Survey indicators

38%38% of adults answered at least 3 of 4 financial concepts correctly (S&P Global FinLit, 2014)

37.5%38% of adults borrowed from a formal institution or via mobile money in the past year (Findex, 2024)

90.1%90% of adults have an account (Findex, 2024)

49.8%50% could raise emergency funds within 30 days without great difficulty (Findex, 2024)

89.3%89% of adults made or received a digital payment (Findex, 2024)

Youth education policy: nationwide

Financial education is part of the mandatory school curriculum nationwide. There is no standalone course or graduation requirement. The national financial education strategy names young people or schools as a priority.

Policy dimensions record whether a policy exists, not how well it works.