Current account balance as a proportion of GDP in Kenya
Kenya: Current account balance as a proportion of GDP was -1.3% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Kenya, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for current account balance as a proportion of gdp in Kenya is -1.3%, measured in 2024.
Compared with earlier readings it is up 49.4% on the previous year and up 86.2% over ten years.
Over the whole period, current account balance as a proportion of gdp in Kenya peaked at 0.9% in 2003 and was at its lowest, -9.3%, in 2014.
That places Kenya 92nd out of 177 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Kenya, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -1.6% | — |
| 2001 | -2.5% | +57.2% |
| 2002 | -0.9% | -63.7% |
| 2003 | 0.9% | -199.3% |
| 2004 | -0.8% | -192.1% |
| 2005 | -1.3% | +64.5% |
| 2006 | -2.0% | +46.8% |
| 2007 | -3.2% | +63.4% |
| 2008 | -5.5% | +71.0% |
| 2009 | -4.0% | -27.8% |
| 2010 | -5.2% | +30.8% |
| 2011 | -8.1% | +56.2% |
| 2012 | -7.5% | -8.3% |
| 2013 | -7.9% | +5.0% |
| 2014 | -9.3% | +19.0% |
| 2015 | -6.3% | -32.5% |
| 2016 | -5.4% | -14.4% |
| 2017 | -7.0% | +29.6% |
| 2018 | -5.4% | -22.7% |
| 2019 | -5.2% | -3.2% |
| 2020 | -3.3% | -37.6% |
| 2021 | -4.6% | +40.7% |
| 2022 | -4.2% | -8.7% |
| 2023 | -2.5% | -39.4% |
| 2024 | -1.3% | -49.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -2.1% | -5.5% | 0.9% | 10 |
| 2010s | -6.7% | -9.3% | -5.2% | 10 |
| 2020s | -3.2% | -4.6% | -1.3% | 5 |
Countries ranked near Kenya
More economy & growth data for Kenya
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.28 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.26 Percent per annum (2029)
- Imports of goods and services (constant 2015 US$), annual growth rate 0.8792 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.1957 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 462.5 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -7.47 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -3.07 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 11.75 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 29.95 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 70,759 current LCU per person (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Kenya?
- Current account balance as a proportion of gdp in Kenya was -1.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Kenya?
- The highest recorded value was 0.9% in 2003.
- What is the lowest current account balance as a proportion of gdp recorded in Kenya?
- The lowest recorded value was -9.3% in 2014.
- How does Kenya rank for current account balance as a proportion of gdp?
- Kenya ranks 92nd out of 177 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Kenya?
- Over the last ten years it is up 86.2%. The long-run trend across the full record is volatile.
- Where does this Kenya data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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