The Kenya Revenue Authority (KRA) collected Ksh2.112 trillion as of April 30, 2025, representing a 6.1 per cent increase compared to the same time last year.

This represents 96.5 per cent of the targeted Ksh2.189 trillion, signalling continued improvement despite challenging economic conditions.

In a statement, the authority revealed that domestic taxes made up a large part of this total, with Ksh1.386 trillion collected from July 2024 to April 2025 representing a 4.7 per cent growth from the Ksh1.323 trillion collected in the same period last year.

In its 2023/2024 financial year,  total revenue stood at Ksh1.990 trillion.

The Authority says customs revenue collection recorded a 9.1 per cent growth, with a total of Ksh722.743 billion collected between July and April, compared to Ksh 662.447 billion recorded in the previous year.

Additionally, agency revenue funds collected on behalf of other government agencies amounted to Ksh 205.518 billion. This surpassed the target of Ksh183.789 billion, reflecting a performance rate of 111.8 per cent and a significant 37.1 per cent increase from the Ksh149.876 billion collected in the previous financial year.

Other collections

“Exchequer revenue, collected on behalf of the National Treasury, amounted to Ksh1.906 trillion. This reflects a 95 per cent performance against the target of Ksh2.006 trillion and a 3.6 per cent growth from Ksh1.840 trillion recorded over the same period in the last financial year,“ KRA stated.

KRA noted that revenue performance was influenced by several macroeconomic factors. Notably, the country’s GDP growth slowed to 4.0 per cent in the third quarter of 2024, compared to 6.0 per cent in the same quarter of 2023. The Purchasing Managers Index (PMI) also averaged 49.8 between July 2024 and April 2025, pointing to subdued private sector activity.

The Authority indicated that the weaker demand was further reflected in a 1.6 per cent decline in import values, a critical indicator of domestic demand for consumer goods and raw materials.

While the Central Bank of Kenya lowered its base lending rate to 10.75 per cent, commercial banks were slow to follow suit, with lending rates averaging 17.22 per cent. According to KRA, this disparity hurts private sector borrowing and investment, though many banks are now adjusting their rates to align with the central bank.