Bank assets as a share of GDP reached 50.0 % in 2018 in Kenya, according to the National Central Bank. This is 4.97 % less than in the previous year.
Historically, bank assets as a share of GDP in Kenya reached an all time high of 61.3 % in 2014 and an all time low of 13.5 % in 1961. When compared to Kenya's main peers, bank assets as a share of GDP in Tanzania amounted to 24.0 % and 26.3 % in Uganda in 2018.
Kenya has been ranked 69th within the group of 96 countries we follow in terms of bank assets as a share of GDP, 12 places above the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.