Current account balance as a proportion of gdp in Kenya
Kenya: Current account balance as a proportion of gdp was -4 in 2023. ◆ Volatile
Current account balance as a proportion of gdp in Kenya, 2000–2023
Source: Our World in Data.
Analysis
Kenya recorded -4 for current account balance as a proportion of gdp in 2023.
Compared with earlier readings it is up 22.3% on the previous year and up 49.0% over ten years.
Over the whole period, current account balance as a proportion of gdp in Kenya peaked at 0.89 in 2003 and was at its lowest, -9.34, in 2014.
That places Kenya 135th out of 191 countries with data for 2023, 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 | -1.57 | — |
| 2001 | -2.47 | +57.3% |
| 2002 | -0.89 | -64.0% |
| 2003 | 0.89 | -200.0% |
| 2004 | -0.82 | -192.1% |
| 2005 | -1.35 | +64.6% |
| 2006 | -1.98 | +46.7% |
| 2007 | -3.23 | +63.1% |
| 2008 | -5.52 | +70.9% |
| 2009 | -3.99 | -27.7% |
| 2010 | -5.22 | +30.8% |
| 2011 | -8.15 | +56.1% |
| 2012 | -7.48 | -8.2% |
| 2013 | -7.85 | +4.9% |
| 2014 | -9.34 | +19.0% |
| 2015 | -6.3 | -32.5% |
| 2016 | -5.4 | -14.3% |
| 2017 | -7 | +29.6% |
| 2018 | -5.41 | -22.7% |
| 2019 | -5.24 | -3.1% |
| 2020 | -3.71 | -29.2% |
| 2021 | -5.1 | +37.5% |
| 2022 | -5.15 | +1.0% |
| 2023 | -4 | -22.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -2.09 | -5.52 | 0.89 | 10 |
| 2010s | -6.74 | -9.34 | -5.22 | 10 |
| 2020s | -4.49 | -5.15 | -3.71 | 4 |
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)
- GDP (current US$), annual growth rate 12.91 % change on previous year (2025)
- GDP (current US$), per capita 2,363 current US$ per person (2025)
- GDP (current LCU), annual growth rate 8.29 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 129.3 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 305,525 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.63 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8074 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 1,908 constant 2015 US$ 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 -4 in 2023, according to Our World in Data.
- What is the highest current account balance as a proportion of gdp recorded in Kenya?
- The highest recorded value was 0.89 in 2003.
- What is the lowest current account balance as a proportion of gdp recorded in Kenya?
- The lowest recorded value was -9.34 in 2014.
- How does Kenya rank for current account balance as a proportion of gdp?
- Kenya ranks 135th out of 191 countries with data for 2023.
- Is current account balance as a proportion of gdp rising or falling in Kenya?
- Over the last ten years it is up 49.0%. The long-run trend across the full record is volatile.
- Where does this Kenya data come from?
- The figures come from Our World in Data, published as part of Current account balance as a proportion of gdp. Statizoid updates them automatically from the source API.
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