Services, Debit/Expenditure in Kenya
Kenya: Services, Debit/Expenditure was 5.64 billion in 2024. ▲ Rising
Services, Debit/Expenditure in Kenya, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services, debit/expenditure in Kenya stood at 5.64 billion. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 3.9% on the previous year and up 68.3% over ten years.
Over the whole period, services, debit/expenditure in Kenya peaked at 5.64 billion in 2024 and was at its lowest, 1.15 billion, in 2005.
Kenya ranks 90th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Debit/Expenditure in Kenya, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.15 billion | — |
| 2006 | 1.42 billion | +23.1% |
| 2007 | 1.69 billion | +19.1% |
| 2008 | 1.92 billion | +13.8% |
| 2009 | 1.84 billion | -4.3% |
| 2010 | 2.09 billion | +13.5% |
| 2011 | 2.14 billion | +2.4% |
| 2012 | 2.39 billion | +11.7% |
| 2013 | 2.21 billion | -7.6% |
| 2014 | 3.35 billion | +51.8% |
| 2015 | 3.32 billion | -0.9% |
| 2016 | 2.73 billion | -17.7% |
| 2017 | 3.09 billion | +13.2% |
| 2018 | 3.88 billion | +25.5% |
| 2019 | 3.85 billion | -0.7% |
| 2020 | 3.42 billion | -11.4% |
| 2021 | 4.22 billion | +23.5% |
| 2022 | 5.64 billion | +33.6% |
| 2023 | 5.43 billion | -3.7% |
| 2024 | 5.64 billion | +3.9% |
Kenya compared with similar countries
- Kenya's 5.64 billion is above the median for lower middle income countries, which is 2.37 billion, 2.4× the median. (46 countries reporting)
- Kenya's 5.64 billion is above the median for Sub-Saharan Africa, which is 1.66 billion, 3.4× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.61 billion | 1.15 billion | 1.92 billion | 5 |
| 2010s | 2.91 billion | 2.09 billion | 3.88 billion | 10 |
| 2020s | 4.87 billion | 3.42 billion | 5.64 billion | 5 |
Countries ranked near Kenya
More trade data for Kenya
- Commodity Net Export Price Index, Individual Commodities Weighted by 123.35 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 102.33 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 100.02 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.45 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.73 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 69.03 (2025)
- Imports of low carbon technology products, Percent of GDP 0.3618 (2023)
- Imports of low carbon technology products, US dollar (World), per 7.07 units per person (2023)
- Imports of low carbon technology products, US dollar (World), per 0.0036 units per US$ of GDP (2023)
- Exports of low carbon technology products, US dollar (World), gaps 64.46 million (2023)
Frequently asked questions
- What is services, debit/expenditure in Kenya?
- Services, debit/expenditure in Kenya was 5.64 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Kenya?
- The highest recorded value was 5.64 billion in 2024.
- What is the lowest services, debit/expenditure recorded in Kenya?
- The lowest recorded value was 1.15 billion in 2005.
- How does Kenya rank for services, debit/expenditure?
- Kenya ranks 90th out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Kenya?
- Over the last ten years it is up 68.3%. The long-run trend across the full record is rising.
- Where does this Kenya data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.