Kenya Current Account Balance: % of GDP
Key information about Kenya Current Account Balance: % of GDP
- Kenya Current Account deficit accounted for 2.5 % of the country's Nominal GDP in Jun 2024, compared with a 3.1 % deficit in the previous quarter.
- Kenya Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 2009 to Jun 2024, with an average value of -5.9 %.
- The data reached an all-time high of -1.8 % in Mar 2016 and a record low of -13.4 % in Sep 2014.
CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The Central Bank of Kenya provides Current Account Balance in USD based on BPM6. The Kenya National Bureau of Statistics provides Nominal GDP in local currency. The Central Bank of Kenya average market exchange rate is used for currency conversions. Current Account Balance prior to Q1 2015 is based on BPM5.
Key information about Kenya Current Account Balance: % of GDP
- In the latest reports of Kenya, Current Account recorded a deficit of 266.0 USD mn in Jun 2024.
- Foreign Direct Investment (FDI) increased by 728.7 USD mn in Dec 2023.
- Kenya Direct Investment Abroad expanded by 500.5 USD mn in Dec 2023.
- Its Foreign Portfolio Investment fell by 153.0 USD mn in Dec 2023.
- The country's Nominal GDP was reported at 26.9 USD bn in Sep 2022.
View Kenya's Current Account Balance: % of GDP from Mar 2009 to Jun 2024 in the chart:
What was Kenya's Current Account Balance: % of GDP in Jun 2024?
Kenya Current Account deficit accounted for 2.5 % of the country's Nominal GDP in Jun 2024, compared with a 3.1 % deficit in the previous quarter. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
-2.5 Jun 2024 | -3.1 Mar 2024 | -13.4 Sep 2014 | -1.8 Mar 2016 | % | quarterly | Mar 2009 - Jun 2024 |
Current Account Balance: % of GDP by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 5.4 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
Algeria (%) | -0.4 Mar 2024 | quarterly | Mar 2007 - Mar 2024 |
Argentina (%) | 0.8 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
Armenia (%) | -3.7 Sep 2024 | quarterly | Dec 1994 - Sep 2024 |
Australia (%) | -2.1 Sep 2024 | quarterly | Sep 1959 - Sep 2024 |
Austria (%) | 1.3 Sep 2024 | quarterly | Mar 1970 - Sep 2024 |
Azerbaijan (%) | 6.8 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
Bahrain (%) | 15.2 Dec 2022 | quarterly | Mar 2018 - Dec 2022 |
Bangladesh (%) | 0.9 2024 | yearly | 1998 - 2024 |
Belarus (%) | 2.5 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Belgium (%) | -1.1 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Bolivia (%) | 0.7 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
Bosnia and Herzegovina (%) | -0.7 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
Botswana (%) | -5.0 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
Brazil (%) | -3.5 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Brunei (%) | -20.4 Dec 2020 | quarterly | Mar 2013 - Dec 2020 |
Bulgaria (%) | 5.7 Sep 2024 | quarterly | Sep 1999 - Sep 2024 |
Cambodia (%) | -5.0 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
Canada (%) | -0.4 Sep 2024 | quarterly | Mar 1957 - Sep 2024 |
Chile (%) | -3.9 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
China (%) | 3.2 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
Colombia (%) | -1.6 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Croatia (%) | -5.6 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Cyprus (%) | -0.3 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
Czech Republic (%) | -0.5 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Denmark (%) | 15.2 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
Ecuador (%) | 4.8 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
Egypt (%) | 1.3 Dec 2022 | quarterly | Sep 2001 - Dec 2022 |
Estonia (%) | 0.3 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
European Union (%) | 3.8 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Finland (%) | 3.4 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
France (%) | -0.7 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
Georgia (%) | 0.6 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Germany (%) | 5.2 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
Ghana (%) | 5.6 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
Greece (%) | 1.0 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Hong Kong SAR, China (%) | 14.9 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Hungary (%) | 1.3 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Iceland (%) | 3.8 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
India (%) | -1.2 Sep 2024 | quarterly | Jun 2004 - Sep 2024 |
Indonesia (%) | 0.9 Mar 2023 | quarterly | Mar 1993 - Mar 2023 |
Iran (%) | 0.6 2023 | yearly | 1997 - 2023 |
Ireland (%) | 16.7 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Israel (%) | 2.9 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Italy (%) | 1.4 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
Ivory Coast (%) | -6.3 2022 | yearly | 1975 - 2022 |
Japan (USD mn) | 14,232.0 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
Jordan (%) | -6.1 Sep 2024 | quarterly | Mar 1992 - Sep 2024 |
Kazakhstan (%) | -2.5 Dec 2023 | quarterly | Dec 1997 - Dec 2023 |
Kenya (%) | -2.5 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
South Korea (USD mn) | 7,614.6 Oct 2024 | monthly | Jan 1980 - Oct 2024 |
Kosovo (%) | 8.5 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
Kuwait (%) | 31.0 Sep 2024 | quarterly | Mar 2012 - Sep 2024 |
Kyrgyzstan (%) | -60.7 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
Laos (%) | 2.7 2023 | yearly | 1984 - 2023 |
Latvia (%) | -4.6 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Lebanon (%) | -2.8 2021 | yearly | 2002 - 2021 |
Lithuania (%) | 2.4 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
Luxembourg (%) | 10.8 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Macau SAR, China (%) | 31.4 2023 | yearly | 2002 - 2023 |
North Macedonia (%) | 6.6 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Malawi (%) | -17.0 2023 | yearly | 1977 - 2023 |
Malaysia (%) | 0.4 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Malta (%) | 7.2 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Mauritius (%) | -6.8 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
Mexico (%) | 0.2 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
Moldova (%) | -17.2 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Mongolia (%) | -14.1 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Montenegro (%) | -23.1 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
Morocco (%) | -3.6 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
Mozambique (%) | -11.6 2023 | yearly | 1980 - 2023 |
Nepal (%) | 3.9 2024 | yearly | 2001 - 2024 |
Netherlands (%) | 9.5 Sep 2024 | quarterly | Mar 1987 - Sep 2024 |
New Zealand (%) | -5.8 Sep 2024 | quarterly | Jun 1987 - Sep 2024 |
Nigeria (%) | 11.5 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
Norway (%) | 18.1 Sep 2024 | quarterly | Mar 1981 - Sep 2024 |
Oman (%) | -4.9 2021 | yearly | 1980 - 2021 |
Pakistan (%) | -0.5 2024 | yearly | 1977 - 2024 |
Palestinian Territory (%) | -16.1 Mar 2023 | quarterly | Mar 2011 - Mar 2023 |
Panama (%) | 3.9 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
Paraguay (%) | -3.6 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Peru (%) | 2.5 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
Philippines (%) | -4.3 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
Poland (%) | 0.2 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Portugal (%) | 4.7 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Qatar (%) | 20.5 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
Romania (%) | -9.5 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Russia (%) | 1.4 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
Saudi Arabia (%) | -3.3 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
Serbia (%) | -10.3 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
Singapore (%) | 18.7 Sep 2024 | quarterly | Mar 1986 - Sep 2024 |
Slovakia (%) | -2.7 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
Slovenia (%) | 6.6 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
South Africa (%) | -1.0 Sep 2024 | quarterly | Mar 1960 - Sep 2024 |
Spain (%) | 4.0 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
Sri Lanka (%) | 1.2 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
Sudan (%) | -8.5 2021 | yearly | 1977 - 2021 |
Sweden (%) | 6.1 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
Switzerland (%) | 3.0 Sep 2024 | quarterly | Mar 1983 - Sep 2024 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doKenya Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -2.0 Sep 2024 | quarterly | Dec 2009 - Sep 2024 |
Tax Revenue (USD mn) | 4,065.904 Sep 2024 | monthly | Sep 1999 - Sep 2024 |
Tax Revenue: % of GDP (%) | 7.0 2023 | yearly | 2006 - 2023 |
National Government Debt (USD mn) | 81,536.2 Jun 2024 | monthly | Sep 1999 - Jun 2024 |
Government Debt: % of GDP (%) | 67.2 Jun 2024 | quarterly | Dec 2009 - Jun 2024 |
Forecast: Government Expenditure (KES bn) | 6,278.921 2029 | yearly | 1982 - 2029 |
Forecast: Government Net Debt (KES bn) | 17,845.284 2029 | yearly | 1998 - 2029 |
Forecast: Government Revenue (KES bn) | 5,350.228 2029 | yearly | 1982 - 2029 |
Central Government Expenditure: ytd (KES mn) | 770,133.277 Sep 2024 | monthly | Sep 1999 - Sep 2024 |
Central Government Revenue and Grants: ytd: Revenue: Tax: VAT (KES mn) | 151,332.347 Sep 2024 | monthly | Sep 1999 - Sep 2024 |
Central Government Revenue and Grants: ytd: Revenue (KES mn) | 656,392.631 Sep 2024 | monthly | Sep 1999 - Sep 2024 |
Central Government Expenditure: ytd: Recurrent (KES mn) | 598,324.057 Sep 2024 | monthly | Sep 1999 - Sep 2024 |
Central Government Revenue and Grants: ytd: Revenue: Tax: Excise Duty (KES mn) | 68,132.992 Sep 2024 | monthly | Sep 1999 - Sep 2024 |
Central Government Expenditure: ytd: Development (KES mn) | 63,595.062 Sep 2024 | monthly | Sep 1999 - Sep 2024 |
Central Government Revenue and Grants: ytd: Revenue: Tax (KES mn) | 525,332.889 Sep 2024 | monthly | Sep 1999 - Sep 2024 |
Central Government Surplus or Deficit (KES bn) | -478.312 2020 | yearly | 1998 - 2020 |
Central Government Debt: Domestic (KES mn) | 5,410,300.000 Jun 2024 | monthly | Sep 1999 - Jun 2024 |
Central Government Debt: External (KES mn) | 5,150,839.749 Jun 2024 | monthly | Sep 1999 - Jun 2024 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 7.212 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | -1,208.9 Oct 2024 | monthly | Oct 1992 - Oct 2024 |
Total Exports (USD mn) | 683.7 Oct 2024 | monthly | Aug 1998 - Oct 2024 |
Total Exports Growth (%) | 5.0 Oct 2024 | monthly | Aug 1999 - Oct 2024 |
Aluminum: Exports (USD th) | 7,313.809 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 139,746.221 2023 | yearly | 1995 - 2023 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 92,666.275 2023 | yearly | 1995 - 2023 |
Total Imports (USD mn) | 1,892.6 Oct 2024 | monthly | Aug 1998 - Oct 2024 |
Total Imports Growth (%) | 2.0 Oct 2024 | monthly | Aug 1999 - Oct 2024 |
Imports: Medicament (USD th) | 427,676.662 2023 | yearly | 1995 - 2023 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 158,276.910 2023 | yearly | 1995 - 2023 |
Total Exports to USA (USD mn) | 47.526 Sep 2024 | monthly | Jan 1998 - Sep 2024 |
Total Imports from USA (USD mn) | 195.424 Oct 2024 | monthly | Jan 1998 - Oct 2024 |
Total Exports to China (USD mn) | 22.183 Sep 2024 | monthly | Apr 1998 - Sep 2024 |
Total Imports from China (USD mn) | 356.737 May 2024 | monthly | Jan 2001 - May 2024 |
Imports (KES mn) | 244,515.120 Oct 2024 | monthly | Aug 1998 - Oct 2024 |
Exports (KES mn) | 88,331.340 Oct 2024 | monthly | Aug 1998 - Oct 2024 |
Exports: Re-Exports (KES mn) | 18,395.680 Oct 2024 | monthly | Aug 1998 - Oct 2024 |
Exports: Domestic: Horticulture (KES mn) | 13,918.860 Sep 2024 | monthly | Aug 1998 - Sep 2024 |
Exports: Domestic: Cement (KES mn) | 209.220 Sep 2024 | monthly | Aug 1998 - Sep 2024 |
Exports: Domestic: Tea (KES mn) | 12,514.520 Oct 2024 | monthly | Aug 1998 - Oct 2024 |
Exports: Domestic: Chemicals (KES mn) | 8,383.700 Sep 2024 | monthly | Aug 1998 - Sep 2024 |
Exports: Domestic: Coffee (KES mn) | 2,346.140 Oct 2024 | monthly | Aug 1998 - Oct 2024 |
Exports: Netherlands (KES mn) | 4,508.830 Sep 2024 | monthly | Jan 1998 - Sep 2024 |
Exports: Tanzania (KES mn) | 5,833.660 Sep 2024 | monthly | Jan 1998 - Sep 2024 |
Exports: United Kingdom (KES mn) | 4,687.740 Sep 2024 | monthly | Jan 1998 - Sep 2024 |
Exports: Uganda (KES mn) | 11,622.900 Sep 2024 | monthly | Jan 1998 - Sep 2024 |
Imports: Manufactured Goods Classified Chiefly by Materials (KES mn) | 29,859.780 Sep 2024 | monthly | Aug 1998 - Sep 2024 |
Imports: Chemicals (KES mn) | 34,798.620 Sep 2024 | monthly | Aug 1998 - Sep 2024 |
Imports: Mineral Fuels, Lubricants and Related Materials (KES mn) | 48,293.360 Sep 2024 | monthly | Aug 1998 - Sep 2024 |
Imports: Machinery and Transport Equipment (KES mn) | 51,359.650 Sep 2024 | monthly | Aug 1998 - Sep 2024 |
Imports: Food and Live Animals (KES mn) | 24,386.560 Sep 2024 | monthly | Aug 1998 - Sep 2024 |
Imports: Saudi Arabia (KES mn) | 8,062.840 Oct 2024 | monthly | Jan 1998 - Oct 2024 |
Imports: India (KES mn) | 22,354.650 Oct 2024 | monthly | Jan 1998 - Oct 2024 |
Imports: United Arab Emirates (KES mn) | 34,671.940 Oct 2024 | monthly | Jan 1998 - Oct 2024 |
Imports: Italy (KES mn) | 1,431.720 Sep 2024 | monthly | Jan 1998 - Sep 2024 |
Imports: South Africa (KES mn) | 6,706.390 Oct 2024 | monthly | Jan 1998 - Oct 2024 |
Exports Volume Index (2009=100) | 125.500 2022 | yearly | 2007 - 2022 |
Imports Volume Index (2009=100) | 124.300 2022 | yearly | 2007 - 2022 |
Export Value Index (2015=100) | 114.099 2021 | yearly | 1980 - 2021 |
Import Value Index (2015=100) | 121.536 2021 | yearly | 1980 - 2021 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 11.1 Dec 2021 | quarterly | Mar 2016 - Dec 2021 |
Non-Performing Loans (USD mn) | 2,674.259 Dec 2019 | monthly | Apr 2001 - Dec 2019 |
Money Supply M1 (USD mn) | 15,269.477 Sep 2024 | monthly | Dec 1995 - Sep 2024 |
Money Supply M2 (USD mn) | 31,297.631 Sep 2024 | monthly | Dec 1995 - Sep 2024 |
M2 Growth (%) | 3.7 Sep 2024 | monthly | Dec 1996 - Sep 2024 |
Reserve Requirement Ratio (%) | 4.3 Mar 2023 | monthly | Dec 1999 - Mar 2023 |
Foreign Exchange Reserves (USD mn) | 9,165.2 Oct 2024 | monthly | Dec 2000 - Oct 2024 |
Foreign Exchange Reserves: % of GDP (%) | 7.721 Jun 2024 | quarterly | Dec 2009 - Jun 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 4.7 Oct 2024 | monthly | Sep 2005 - Oct 2024 |
Gold Reserves (USD mn) | 1.488 Sep 2024 | monthly | Sep 1973 - Sep 2024 |
Total Deposits (USD mn) | 40,815.259 Jun 2024 | monthly | Jan 1999 - Jun 2024 |
Total Deposits Growth (%) | 7.4 Jun 2024 | monthly | Jan 2000 - Jun 2024 |
Domestic Credit (USD mn) | 48,136.4 Sep 2024 | monthly | Dec 1995 - Sep 2024 |
Domestic Credit Growth (%) | 2.3 Sep 2024 | monthly | Dec 1996 - Sep 2024 |
Total Loans (USD mn) | 52,786.593 Jun 2024 | monthly | Jan 1999 - Jun 2024 |
Total Loans Growth (%) | 3.31 Jun 2024 | monthly | Jan 2000 - Jun 2024 |
Private Debt: % of Nominal GDP (%) | 28.54 Jun 2024 | quarterly | Dec 2009 - Jun 2024 |
Money Supply: M3: M2 (KES mn) | 4,043,519.407 Sep 2024 | monthly | Dec 1995 - Sep 2024 |
Money Supply: M3 (KES mn) | 5,381,431.582 Sep 2024 | monthly | Dec 1995 - Sep 2024 |
Money Supply: M3: M2: M1 (KES mn) | 1,972,750.707 Sep 2024 | monthly | Dec 1995 - Sep 2024 |
More Indicators for Kenya
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.