Kenya: government expenditure 2024

The government expenditure in Kenya stood at 1.46 trillion Kenyan shillings (around 10.47 billion U.S. dollars) from July 2023 to December 2023. In the fiscal year 2022/2023, government spending in Kenya totaled 3.22 trillion KSh (23.08 billion U.S. dollars). The amount consisted of interest payments, salaries and wages, pensions and payments for maintenance, and operations. Expenditures incurred on projects were also included.

Government expenditure in Kenya from fiscal year 2018/2019 to fiscal year 2023/2024 (in billion Kenyan shillings)

Characteristic	Value of expenditure in billion Kenyan shillings
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Release date

February 2024

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Region

Kenya

Survey time period

FY 2018/19 to FY 2023/24

Supplementary notes

* Provisional; from July 2023 to December 2023.
The fiscal year starts in July and ends in June of the next calendar year.

According to the source, government expenditures are composed from both recurrent and development expenditures. Recurrent expenditures refer to spending on current activities. It consists of interest payments on debt (domestic and foreign), salaries and wages, pensions and payments for maintenance, and operations. Development expenditure refers to the expenditure incurred on projects.

Conversion rate on August 30, 2023.

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