Current Account in Kenya

Kenya Current Account (USD bn) | Economic News & Forecasts

Kenya - Current Account (billions of U.S. Dollars)

GDP growth expanded at the fastest rate in over 10 years in the second quarter, with nearly all sectors of the economy recording improving output, although activity in the agricultural sector declined at a quicker pace. That said, Q2’s result was flattered by a low base effect. Turning to Q3, double-digit expansions in both merchandise exports and imports in July–August hint at healthy foreign and domestic demand conditions in the quarter, while the private sector PMI came in above the prior quarter’s average. Meanwhile, on 20 October the government lifted the country’s nationwide curfew—originally imposed on March 2020—boding well for activity in the final stretch of the year. In other news, on 8 November Kenya's Equity Group Holdings announced the launch of a KES 500 billion (around USD 4.5 billion) loan program to help SMEs impacted by the health crisis.

Kenya - Current Account (USD bn) Data

2015   2016   2017   2018   2019  
Current Account Balance (USD bn)-4.3  -3.4  -4.9  -4.3  -4.7  

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Kenya Current Account (USD bn) Chart


Kenya Current Account
Note: Current account balance as % of GDP
Source: Central Bank of Kenya

Kenya Facts

Value Change Date
Bond Yield12.200.0 %Dec 31
Exchange Rate101.40.05 %Jan 01
Stock Market0.40.0 %Jan 07

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