FinObservatory

Crisis atlas / KEN

Kenya

28 distinct crisis events in 3 episodes, 19762008, from the union of five primary chronologies.

Debt profile: government debt trajectory and crisis-start levels →

13
Banking crises
9
Currency crises
6
Sovereign debt crises
28
Crisis events
1976–2008
Span

Crisis timeline

Every distinct (year, type) event, most recent first, with the chronologies flagging it. Start-year sources (GMD, JST) do not mark continuation years, so long episodes show lower agreement after their first year.

  1. 2008
    Currencyrr1 source
  2. 2000
    Sovereign debtrr1 source
  3. 1999
    Currencyrr1 source
    Bankingrr1 source
  4. 1998
    Sovereign debtrr1 source
    Bankingrr1 source
  5. 1997
    Sovereign debtrr1 source
    Bankingrr1 source
  6. 1996
    Sovereign debtrr1 source
    Bankingrr1 source
  7. 1995
    Sovereign debtrr1 source
    Bankingrr1 source
  8. 1994
    Sovereign debtrr1 source
    Bankinglaeven_valencia, rr2 sources
  9. 1993
    Currencygmd, laeven_valencia, rr3 sources
    Bankinglaeven_valencia, rr2 sources
  10. 1992
    Currencyrr1 source
    Bankinggmd, laeven_valencia, rr3 sources
  11. 1991
    Currencyrr1 source
  12. 1989
    Currencyrr1 source
    Bankingrr1 source
  13. 1988
    Bankingrr1 source
  14. 1987
    Bankingrr1 source
  15. 1986
    Bankingrr1 source
  16. 1985
    Bankinggmd, laeven_valencia, rr3 sources
  17. 1982
    Currencyrr1 source
  18. 1981
    Currencyrr1 source
  19. 1976
    Currencyrr1 source

Source: Global Macro Database 2026_06 (Müller, Xu, Lehbib & Chen 2025) | Jordà-Schularick-Taylor Macrohistory R6 | Laeven & Valencia (2020) | Reinhart-Rogoff via HBS BFFS | ECB/ESRB Financial Crises Database Methodology

Macro context around each episode

Inflation, central-bank policy rate, and government debt in a window of five years either side of each crisis episode (consecutive crisis years bridged across gaps of up to two years). Crisis years shaded.

1976

Currency
Inflation (% y/y)
01020197119761981
Policy rate (%)
No data for this window
Govt debt (% of GDP)
0102030197119761981

1981–2000

CurrencyBankingSovereign debtoutput loss 23.7% of GDP (Laeven-Valencia 2026)
Inflation (% y/y)
0204060197619812005
Policy rate (%)
0102030197619812005
Govt debt (% of GDP)
0255075197619812005

2008

Currency
Inflation (% y/y)
01020200320082013
Policy rate (%)
01020200320082013
Govt debt (% of GDP)
0204060200320082013

Source: Global Macro Database 2026_06 (Müller, Xu, Lehbib & Chen 2025) Inflation is % year over year; policy rate is the central-bank rate in %; government debt is % of GDP. Methodology