Goods balance (credit less debit), Net (credits less debits) (US) in Kenya
Kenya: Goods balance (credit less debit), Net (credits less debits) (US) was -9.69 billion in 2024. ▼ Falling
Goods balance (credit less debit), Net (credits less debits) in Kenya, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, goods balance (credit less debit), net (credits less debits) in Kenya stood at -9.69 billion.
That represents a change of down 1.3% on the previous year and up 9.5% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Kenya peaked at -2.13 billion in 2005 and was at its lowest, -11.55 billion, in 2022.
Kenya ranks 170th of 198 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Goods balance (credit less debit), Net (credits less debits) (US) in Kenya, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -2.13 billion | — |
| 2006 | -3.24 billion | +52.5% |
| 2007 | -4.25 billion | +30.9% |
| 2008 | -5.61 billion | +32.1% |
| 2009 | -4.97 billion | -11.4% |
| 2010 | -6.23 billion | +25.4% |
| 2011 | -8.36 billion | +34.1% |
| 2012 | -9.31 billion | +11.5% |
| 2013 | -10.24 billion | +10.0% |
| 2014 | -10.71 billion | +4.6% |
| 2015 | -8.38 billion | -21.8% |
| 2016 | -7.69 billion | -8.2% |
| 2017 | -10.19 billion | +32.4% |
| 2018 | -10.20 billion | +0.1% |
| 2019 | -10.68 billion | +4.7% |
| 2020 | -8.02 billion | -25.0% |
| 2021 | -10.79 billion | +34.5% |
| 2022 | -11.55 billion | +7.1% |
| 2023 | -9.57 billion | -17.2% |
| 2024 | -9.69 billion | +1.3% |
Kenya compared with similar countries
- Kenya's -9.69 billion is below the median for lower middle income countries, which is -673.06 million, 14.4× the median. (46 countries reporting)
- Kenya's -9.69 billion is below the median for Sub-Saharan Africa, which is -577.00 million, 16.8× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.04 billion | -5.61 billion | -2.13 billion | 5 |
| 2010s | -9.20 billion | -10.71 billion | -6.23 billion | 10 |
| 2020s | -9.92 billion | -11.55 billion | -8.02 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 goods balance (credit less debit), net (credits less debits) in Kenya?
- Goods balance (credit less debit), net (credits less debits) in Kenya was -9.69 billion in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Kenya?
- The highest recorded value was -2.13 billion in 2005.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Kenya?
- The lowest recorded value was -11.55 billion in 2022.
- How does Kenya rank for goods balance (credit less debit), net (credits less debits)?
- Kenya ranks 170th out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Kenya?
- Over the last ten years it is up 9.5%. The long-run trend across the full record is falling.
- Where does this Kenya data come from?
- The figures come from International Monetary Fund, published as part of Goods 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.