Remittance inflows to GDP in Kenya
Kenya: Remittance inflows to GDP was 3.1% in 2020. ◆ Volatile
Remittance inflows to GDP in Kenya, 1970–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
The most recent figure for remittance inflows to gdp in Kenya is 3.1%, measured in 2020.
Compared with earlier readings it is up 9.2% on the previous year and up 104.4% over ten years.
Over the whole period, remittance inflows to gdp in Kenya peaked at 4.5% in 1999 and was at its lowest, 0.3%, in 1976.
Kenya ranks 82nd of 195 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5% | 0.3% | 0.7% | 10 |
| 1980s | 0.9% | 0.4% | 1.1% | 10 |
| 1990s | 2.2% | 0.7% | 4.5% | 10 |
| 2000s | 1.8% | 0.4% | 4.2% | 10 |
| 2010s | 2.3% | 1.5% | 3.0% | 10 |
| 2020s | 3.1% | 3.1% | 3.1% | 1 |
Countries ranked near Kenya
More financial sector data for Kenya
- Domestic credit to private sector by banks 29.7% (2024)
- Total reserves in months of imports 4.03 (2024)
- Net domestic credit 7.15 trillion current LCU (2023)
- Net foreign assets 796.06 billion current LCU (2023)
- Monetary Sector credit to private sector 31.8% (2023)
- Broad money 37.6% (2024)
- Claims on central government, etc. 22.4% (2023)
- Domestic credit to private sector 31.8% (2023)
- Official exchange rate 129.3 LCU per US$, period average (2025)
- Net migration -27,330 (2025)
Frequently asked questions
- What is remittance inflows to gdp in Kenya?
- Remittance inflows to gdp in Kenya was 3.1% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Kenya?
- The highest recorded value was 4.5% in 1999.
- What is the lowest remittance inflows to gdp recorded in Kenya?
- The lowest recorded value was 0.3% in 1976.
- How does Kenya rank for remittance inflows to gdp?
- Kenya ranks 82nd out of 195 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Kenya?
- Over the last ten years it is up 104.4%. The long-run trend across the full record is volatile.
- Where does this Kenya data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.