Net errors and omissions in Kenya
Kenya: Net errors and omissions was 783.47 million BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
783.47 million BoP, current US$
Change on year
up 732.9%
World rank
34th
of 199 countries
All-time high
2.09 billion BoP, current US$
in 1999
All-time low
-1.61 billion BoP, current US$
in 2022
Years of data
50
1975–2024
Net errors and omissions in Kenya, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net errors and omissions in Kenya is 783.47 million BoP, current US$, measured in 2024.
That represents a change of up 732.9% on the previous year and up 390.9% over ten years.
Over the whole period, net errors and omissions in Kenya peaked at 2.09 billion BoP, current US$ in 1999 and was at its lowest, -1.61 billion BoP, current US$, in 2022.
That places Kenya 34th out of 199 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions in Kenya, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1975 | -17.57 million BoP, current US$ | — |
| 1976 | -5.32 million BoP, current US$ | -69.7% |
| 1977 | -6.28 million BoP, current US$ | +18.2% |
| 1978 | 5.50 million BoP, current US$ | -187.5% |
| 1979 | -833,618 BoP, current US$ | -115.2% |
| 1980 | -269,535 BoP, current US$ | -67.7% |
| 1981 | 73.28 million BoP, current US$ | -27287.5% |
| 1982 | 52.55 million BoP, current US$ | -28.3% |
| 1983 | 18.25 million BoP, current US$ | -65.3% |
| 1984 | 11.66 million BoP, current US$ | -36.2% |
| 1985 | 34.08 million BoP, current US$ | +192.4% |
| 1986 | -123,261 BoP, current US$ | -100.4% |
| 1987 | 91.89 million BoP, current US$ | -74649.0% |
| 1988 | 6.65 million BoP, current US$ | -92.8% |
| 1989 | 14.19 million BoP, current US$ | +113.5% |
| 1990 | 1.70 million BoP, current US$ | -88.0% |
| 1991 | -10.38 million BoP, current US$ | -710.0% |
| 1992 | 77.72 million BoP, current US$ | -848.6% |
| 1993 | -166.39 million BoP, current US$ | -314.1% |
| 1994 | 182.18 million BoP, current US$ | -209.5% |
| 1995 | 1.67 billion BoP, current US$ | +817.5% |
| 1996 | 795.67 million BoP, current US$ | -52.4% |
| 1997 | 1.52 billion BoP, current US$ | +91.1% |
| 1998 | 2.02 billion BoP, current US$ | +33.2% |
| 1999 | 2.09 billion BoP, current US$ | +3.2% |
| 2000 | -126.69 million BoP, current US$ | -106.1% |
| 2001 | 129.98 million BoP, current US$ | -202.6% |
| 2002 | 178.63 million BoP, current US$ | +37.4% |
| 2003 | -256.91 million BoP, current US$ | -243.8% |
| 2004 | -68.91 million BoP, current US$ | -73.2% |
| 2005 | -233.55 million BoP, current US$ | +238.9% |
| 2006 | 242.29 million BoP, current US$ | -203.7% |
| 2007 | -257.95 million BoP, current US$ | -206.5% |
| 2008 | 300.52 million BoP, current US$ | -216.5% |
| 2009 | 74.46 million BoP, current US$ | -75.2% |
| 2010 | 175.44 million BoP, current US$ | +135.6% |
| 2011 | -736.49 million BoP, current US$ | -519.8% |
| 2012 | -379.15 million BoP, current US$ | -48.5% |
| 2013 | -150.43 million BoP, current US$ | -60.3% |
| 2014 | 159.62 million BoP, current US$ | -206.1% |
| 2015 | 36.98 million BoP, current US$ | -76.8% |
| 2016 | -883.89 million BoP, current US$ | -2490.4% |
| 2017 | -504.56 million BoP, current US$ | -42.9% |
| 2018 | -461.11 million BoP, current US$ | -8.6% |
| 2019 | 1.32 billion BoP, current US$ | -386.2% |
| 2020 | -146.52 million BoP, current US$ | -111.1% |
| 2021 | 156.75 million BoP, current US$ | -207.0% |
| 2022 | -1.61 billion BoP, current US$ | -1127.4% |
| 2023 | -123.79 million BoP, current US$ | -92.3% |
| 2024 | 783.47 million BoP, current US$ | -732.9% |
Kenya compared with similar countries
- Kenya's 783.47 million BoP, current US$ is above the median for lower middle income countries, which is 3.83 million BoP, current US$, 204.8× the median. (47 countries reporting)
- Kenya's 783.47 million BoP, current US$ is above the median for Sub-Saharan Africa, which is -8.15 million BoP, current US$. (47 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions in Kenya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1987 | +74649.0% | -123,261 BoP, current US$ | 91.89 million BoP, current US$ |
| 1981 | +27287.5% | -269,535 BoP, current US$ | 73.28 million BoP, current US$ |
| 2016 | -2490.4% | 36.98 million BoP, current US$ | -883.89 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -4.90 million BoP, current US$ | -17.57 million BoP, current US$ | 5.50 million BoP, current US$ | 5 |
| 1980s | 30.22 million BoP, current US$ | -269,535 BoP, current US$ | 91.89 million BoP, current US$ | 10 |
| 1990s | 818.73 million BoP, current US$ | -166.39 million BoP, current US$ | 2.09 billion BoP, current US$ | 10 |
| 2000s | -1.81 million BoP, current US$ | -257.95 million BoP, current US$ | 300.52 million BoP, current US$ | 10 |
| 2010s | -142.38 million BoP, current US$ | -883.89 million BoP, current US$ | 1.32 billion BoP, current US$ | 10 |
| 2020s | -188.12 million BoP, current US$ | -1.61 billion BoP, current US$ | 783.47 million BoP, current US$ | 5 |
Countries ranked near Kenya
- 31 El Salvador 953.08 million BoP, current US$ compare
- 32 Armenia 816.01 million BoP, current US$ compare
- 33 Suriname 809.72 million BoP, current US$ compare
- 35 Democratic Republic of Congo 778.40 million BoP, current US$ compare
- 36 Portugal 775.24 million BoP, current US$ compare
- 37 Haiti 752.16 million BoP, current US$ compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 417.66 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0035 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 7.4 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 463.44 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -8.77 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0038 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 8.21 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 23.12 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions in Kenya?
- Net errors and omissions in Kenya was 783.47 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net errors and omissions recorded in Kenya?
- The highest recorded value was 2.09 billion BoP, current US$ in 1999.
- What is the lowest net errors and omissions recorded in Kenya?
- The lowest recorded value was -1.61 billion BoP, current US$ in 2022.
- How does Kenya rank for net errors and omissions?
- Kenya ranks 34th out of 199 countries with data for 2024.
- Is net errors and omissions rising or falling in Kenya?
- Over the last ten years it is up 390.9%. The long-run trend across the full record is volatile.
- Where does this Kenya data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net errors and omissions (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net errors and omissions constitute a residual category needed to ensure that accounts in the balance of payments statement sum to zero. Net errors and omissions are derived as the balance on the financial account minus the balances on the current and capital accounts. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.