Goods balance (credit less debit), Percent of GDP (Balance of) in Kenya
Kenya: Goods balance (credit less debit), Percent of GDP (Balance of) was -8.15 in 2027. ▼ Falling
Goods balance (credit less debit), Percent of GDP (Balance of) in Kenya, 2000–2027
Source: International Monetary Fund.
Analysis
Kenya recorded -8.15 for goods balance (credit less debit), percent of gdp (balance of) in 2027.
That represents a change of up 4.8% on the previous year and up 34.4% over ten years.
Over the whole period, goods balance (credit less debit), percent of gdp (balance of) in Kenya peaked at -5.16 in 2002 and was at its lowest, -17.95, in 2011.
Kenya ranks 32nd of 45 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 28 years of available data.
Goods balance (credit less debit), Percent of GDP (Balance of) in Kenya, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -6.83 | — |
| 2001 | -7.1 | +3.9% |
| 2002 | -5.16 | -27.3% |
| 2003 | -5.35 | +3.6% |
| 2004 | -7.07 | +32.2% |
| 2005 | -8.18 | +15.7% |
| 2006 | -10.99 | +34.4% |
| 2007 | -11.63 | +5.8% |
| 2008 | -13.85 | +19.1% |
| 2009 | -11.75 | -15.1% |
| 2010 | -13.73 | +16.8% |
| 2011 | -17.95 | +30.7% |
| 2012 | -16.51 | -8.0% |
| 2013 | -16.6 | +0.5% |
| 2014 | -15.66 | -5.7% |
| 2015 | -11.91 | -24.0% |
| 2016 | -10.28 | -13.7% |
| 2017 | -12.43 | +20.9% |
| 2018 | -11.06 | -11.0% |
| 2019 | -9 | -18.6% |
| 2020 | -8.33 | -7.5% |
| 2021 | -10.33 | +24.0% |
| 2022 | -10.84 | +5.0% |
| 2023 | -9.83 | -9.3% |
| 2024 | -8.99 | -8.6% |
| 2025 | -8.47 | -5.8% |
| 2026 | -8.57 | +1.1% |
| 2027 | -8.15 | -4.8% |
Kenya compared with similar countries
- Kenya's -8.15 is below the median for Sub-Saharan Africa, which is -2.52, 3.2× the median. (45 countries reporting)
- Kenya's -8.15 is below the median for lower middle income countries, which is -1.5, 5.5× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -8.79 | -13.85 | -5.16 | 10 |
| 2010s | -13.51 | -17.95 | -9 | 10 |
| 2020s | -9.19 | -10.84 | -8.15 | 8 |
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), percent of gdp (balance of) in Kenya?
- Goods balance (credit less debit), percent of gdp (balance of) in Kenya was -8.15 in 2027, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), percent of gdp (balance of) recorded in Kenya?
- The highest recorded value was -5.16 in 2002.
- What is the lowest goods balance (credit less debit), percent of gdp (balance of) recorded in Kenya?
- The lowest recorded value was -17.95 in 2011.
- How does Kenya rank for goods balance (credit less debit), percent of gdp (balance of)?
- Kenya ranks 32nd out of 45 countries with data for 2027.
- Is goods balance (credit less debit), percent of gdp (balance of) rising or falling in Kenya?
- Over the last ten years it is up 34.4%. 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), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.