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Kenya Interest Rate

The Central Bank of Kenya lowered its benchmark interest rate to 9.25% in October 2025 from 9.5% in August 2025. This marks the eighth consecutive rate cut. The cut aims to stimulate private sector lending and support economic growth. Inflation was 4.6% in September 2025, up slightly from 4.5% in August. Core inflation declined to 2.9% in September from 3.0% in August. Kenya's economy is expected to grow by 5.2% in 2025. Kenya's record low interest rate was 7% in April 2020 and record high was 13% in February 2024.

Historical Data (2015-2025)

(in %)
Date Interest Rate
Oct 07, 2025 9.25%
Aug 12, 2025 9.5%
Jun 10, 2025 9.75%
Apr 08, 2025 10%
Feb 05, 2025 10.75%
Dec 05, 2024 11.25%
Oct 08, 2024 12%
Aug 06, 2024 12.75%
Jun 05, 2024 13%
Apr 03, 2024 13%
Feb 06, 2024 13%
Dec 05, 2023 12.5%
Oct 03, 2023 10.5%
Aug 09, 2023 10.5%
Jul 28, 2023 10.5%
Jun 26, 2023 10.5%
Apr 30, 2023 9.5%
Mar 29, 2023 9.5%
Jan 30, 2023 8.75%
Nov 23, 2022 8.75%
Sep 29, 2022 8.25%
Jul 27, 2022 7.5%
May 30, 2022 7.5%
Mar 29, 2022 7%
Jan 26, 2022 7%
Nov 29, 2021 7%
Sep 28, 2021 7%
Jul 28, 2021 7%
May 26, 2021 7%
Mar 29, 2021 7%
Jan 27, 2021 7%
Nov 26, 2020 7%
Sep 29, 2020 7%
Jul 29, 2020 7%
May 27, 2020 7%
Apr 29, 2020 7%
Mar 13, 2020 7.25%
Feb 28, 2020 8.25%
Jan 27, 2020 8.25%
Nov 25, 2019 8.5%
Sep 23, 2019 9%
Jul 24, 2019 9%
May 27, 2019 9%
Mar 27, 2019 9%
Jan 28, 2019 9%
Nov 27, 2018 9%
Sep 25, 2018 9%
Jul 30, 2018 9%
May 28, 2018 9.5%
Mar 19, 2018 9.5%
Jan 20, 2018 10%
Nov 28, 2017 10%
Sep 18, 2017 10%
Jul 17, 2017 10%
May 23, 2017 10%
Mar 27, 2017 10%
Jan 30, 2017 10%
Nov 28, 2016 10%
Sep 20, 2016 10%
Jul 25, 2016 10.5%
May 23, 2016 10.5%
Mar 21, 2016 11.5%
Jan 20, 2016 11.5%
Nov 17, 2015 11.5%
Sep 22, 2015 11.5%

Recent Events

datetime event actual previous consensus
2025-10-07 09:30 AM Interest Rate Decision 9.25% 9.5% -

Next Release Date :

Kenya Interest Rate : Definition
The Interest Rate set by the Central Bank of Kenya is the benchmark cost of borrowing in the economy. It influences lending, spending, investment, inflation, and overall financial stability.