Overwhelming: Financial stress in Kenya

47% of Kenyans agree that financial stress is badly affecting their mental and physical health.

by Hillary Bett

Infographics21 February 2025 - 12:24

In Summary

A recent 2024 Old Mutual Financial Services Monitor report reveals that financial stress is a major concern among working Kenyans, with 4 in 10 experiencing high stress levels.

The burden varies across demographics, with 50-59-year-olds (16 per cent) and those in the informal sector (15 per cent) being the most affected.

Additionally, 47 per cent of Kenyans acknowledge that financial stress is significantly impacting their mental and physical health.

As economic pressures persist, financial well-being remains a critical issue requiring urgent attention.