Goods balance (credit less debit), Net (credits less debits) in Kenya
Kenya: Goods balance (credit less debit), Net (credits less debits) 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) 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% |
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
- Net domestic credit (current LCU), per capita 129,188 current LCU per person (2023)
- Net domestic credit (current LCU), per unit of GDP 66.5 current LCU per US$ of GDP (2023)
- Net domestic credit (current LCU), annual growth rate 12.6 % change on previous year (2023)
- Gold reserves at 35 SDRs per ounce 19,618 SDR (2025)
- Gold reserves at market value 1.79 million SDR (2025)
- Reserves excluding gold, foreign exchange 8.93 billion SDR (2025)
- Reserves excluding gold 9.05 billion SDR (2025)
- Total reserves (gold at market value) 9.05 billion SDR (2025)
- Total reserves (gold at national valuation) 9.05 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 157.31 SDR per person (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.