Services balance (credit less debit), Net (credits less debits) (US) in Kenya
Kenya: Services balance (credit less debit), Net (credits less debits) (US) was 2.41 billion in 2024. ▲ Rising
Services balance (credit less debit), Net (credits less debits) in Kenya, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services balance (credit less debit), net (credits less debits) in Kenya is 2.41 billion, measured in 2024.
That represents a change of up 42.5% on the previous year and up 43.7% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Kenya peaked at 2.93 billion in 2013 and was at its lowest, 450.99 million, in 2020.
Kenya ranks 51st of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Services balance (credit less debit), Net (credits less debits) (US) in Kenya, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 730.51 million | — |
| 2006 | 1.02 billion | +39.3% |
| 2007 | 1.25 billion | +22.7% |
| 2008 | 1.34 billion | +7.1% |
| 2009 | 1.05 billion | -21.4% |
| 2010 | 1.68 billion | +59.9% |
| 2011 | 2.00 billion | +18.5% |
| 2012 | 2.60 billion | +30.5% |
| 2013 | 2.93 billion | +12.3% |
| 2014 | 1.67 billion | -42.7% |
| 2015 | 1.32 billion | -21.3% |
| 2016 | 1.43 billion | +8.7% |
| 2017 | 1.56 billion | +8.6% |
| 2018 | 1.60 billion | +2.6% |
| 2019 | 1.75 billion | +9.4% |
| 2020 | 450.99 million | -74.2% |
| 2021 | 1.15 billion | +155.6% |
| 2022 | 1.98 billion | +71.8% |
| 2023 | 1.69 billion | -14.7% |
| 2024 | 2.41 billion | +42.5% |
Kenya compared with similar countries
- Kenya's 2.41 billion is above the median for lower middle income countries, which is -329.10 million. (46 countries reporting)
- Kenya's 2.41 billion is above the median for Sub-Saharan Africa, which is -399.59 million. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.08 billion | 730.51 million | 1.34 billion | 5 |
| 2010s | 1.85 billion | 1.32 billion | 2.93 billion | 10 |
| 2020s | 1.54 billion | 450.99 million | 2.41 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 services balance (credit less debit), net (credits less debits) in Kenya?
- Services balance (credit less debit), net (credits less debits) in Kenya was 2.41 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Kenya?
- The highest recorded value was 2.93 billion in 2013.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Kenya?
- The lowest recorded value was 450.99 million in 2020.
- How does Kenya rank for services balance (credit less debit), net (credits less debits)?
- Kenya ranks 51st out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Kenya?
- Over the last ten years it is up 43.7%. The long-run trend across the full record is rising.
- Where does this Kenya data come from?
- The figures come from International Monetary Fund, published as part of Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.