Current account balance (credit less debit), Net (credits less) in Kenya
Kenya: Current account balance (credit less debit), Net (credits less) was -1.55 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Kenya, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), net (credits less debits) in Kenya is -1.55 billion, measured in 2024.
Compared with earlier readings it is up 43.4% on the previous year and up 75.7% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Kenya peaked at -252.32 million in 2005 and was at its lowest, -6.38 billion, in 2014.
That places Kenya 142nd out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less) in Kenya, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -252.32 million | — |
| 2006 | -510.43 million | +102.3% |
| 2007 | -1.03 billion | +102.2% |
| 2008 | -1.98 billion | +92.1% |
| 2009 | -1.69 billion | -14.8% |
| 2010 | -2.37 billion | +40.3% |
| 2011 | -3.82 billion | +61.2% |
| 2012 | -4.22 billion | +10.4% |
| 2013 | -4.84 billion | +14.8% |
| 2014 | -6.38 billion | +31.7% |
| 2015 | -4.42 billion | -30.7% |
| 2016 | -4.04 billion | -8.7% |
| 2017 | -5.74 billion | +42.2% |
| 2018 | -4.99 billion | -13.1% |
| 2019 | -5.26 billion | +5.4% |
| 2020 | -3.29 billion | -37.4% |
| 2021 | -5.05 billion | +53.3% |
| 2022 | -4.81 billion | -4.7% |
| 2023 | -2.74 billion | -43.1% |
| 2024 | -1.55 billion | -43.4% |
Kenya compared with similar countries
- Kenya's -1.55 billion is below the median for lower middle income countries, which is -96.83 million, 16.0× the median. (46 countries reporting)
- Kenya's -1.55 billion is below the median for Sub-Saharan Africa, which is -606.36 million, 2.6× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.09 billion | -1.98 billion | -252.32 million | 5 |
| 2010s | -4.61 billion | -6.38 billion | -2.37 billion | 10 |
| 2020s | -3.49 billion | -5.05 billion | -1.55 billion | 5 |
Countries ranked near Kenya
More financial sector data for Kenya
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.3189 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.2328 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.3189 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Kenya?
- Current account balance (credit less debit), net (credits less debits) in Kenya was -1.55 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Kenya?
- The highest recorded value was -252.32 million in 2005.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Kenya?
- The lowest recorded value was -6.38 billion in 2014.
- How does Kenya rank for current account balance (credit less debit), net (credits less debits)?
- Kenya ranks 142nd out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Kenya?
- Over the last ten years it is up 75.7%. The long-run trend across the full record is volatile.
- Where does this Kenya data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.