Kenya External Debt: % of GDP

2006 - 2025 | Yearly | % | CEIC Data

Key information about Kenya External Debt: % of GDP

  • Kenya External Debt accounted for 31.1 % of the country's Nominal GDP in 2025, compared with the ratio of 31.2 % in the previous year.
  • Kenya External Debt: % of Nominal GDP data is updated yearly, available from Dec 2006 to Dec 2025.
  • The data reached an all-time high of 40.5 % in Dec 2023 and a record low of 16.5 % in Dec 2011.

CEIC calculates External Debt as % of Nominal GDP from quarterly External Debt and annual Nominal GDP. World Bank provides External Debt in USD. The Kenya National Bureau of Statistics provides Nominal GDP in local currency.


Related information about Kenya External Debt: % of GDP

  • In the latest reports of Kenya, Current Account recorded a deficit of 386.0 USD mn in Sep 2025.
  • Foreign Direct Investment (FDI) increased by 1.1 USD bn in Dec 2025.
  • Kenya Direct Investment Abroad expanded by 430.2 USD mn in Dec 2025.
  • Its Foreign Portfolio Investment increased by 1.8 USD bn in Dec 2025.
  • The country's External Debt reached 42,337.5 in Dec 2025.
  • The country's Nominal GDP was reported at 34.9 USD bn in Jun 2025.

View Kenya's External Debt: % of GDP from 2006 to 2025 in the chart:

Kenya External Debt: % of GDP

What was Kenya's External Debt: % of GDP in 2025?

Kenya External Debt accounted for 31.1 % of the country's Nominal GDP in 2025, compared with the ratio of 31.2 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
31.1 2025 31.2 2024 16.5 2011 40.5 2023 % yearly 2006 - 2025

External Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 37.8 2025 yearly 1991 - 2025
Algeria (%) 1.1 2024 yearly 1970 - 2024
Argentina (%) 46.8 2025 yearly 1994 - 2025
Armenia (%) 64.7 2025 yearly 2000 - 2025
Australia (%) 107.2 2025 yearly 1988 - 2025
Austria (%) 154.5 2024 yearly 1997 - 2024
Azerbaijan (%) 14.9 Dec 2021 quarterly Dec 2001 - Dec 2021
Bangladesh (%) 11.4 2017 yearly 1997 - 2017
Belarus (%) 40.7 Dec 2025 quarterly Dec 2000 - Dec 2025
Belgium (%) 242.8 2025 yearly 2007 - 2025
Bolivia (%) 33.0 2024 yearly 2006 - 2024
Bosnia and Herzegovina (%) 16.4 2025 yearly 1999 - 2025
Botswana (%) 7.8 2025 yearly 1995 - 2025
Brazil (%) 29.0 2025 yearly 1992 - 2025
Bulgaria (%) 50.5 2025 yearly 1999 - 2025
Cambodia (%) 45.4 2024 yearly 2010 - 2024
Canada (%) 147.8 2025 yearly 1990 - 2025
Chile (%) 77.6 2025 yearly 1971 - 2025
China (%) 11.9 2025 yearly 1985 - 2025
Colombia (%) 48.0 2024 yearly 1970 - 2024
Croatia (%) 74.3 2022 yearly 1998 - 2022
Cyprus (%) 617.2 2025 yearly 2004 - 2025
Czech Republic (%) 66.4 2025 yearly 1995 - 2025
Denmark (%) 142.9 2025 yearly 2005 - 2025
Ecuador (%) 49.6 2025 yearly 1970 - 2025
Egypt (%) 42.4 Sep 2025 quarterly Jun 1999 - Sep 2025
Estonia (%) 100.4 2025 yearly 1996 - 2025
European Union (%) 106.6 2025 yearly 2013 - 2025
Finland (%) 207.2 2025 yearly 1991 - 2025
France (%) 250.2 2024 yearly 2004 - 2024
Georgia (%) 70.3 2025 yearly 1999 - 2025
Germany (%) 151.3 2025 yearly 1999 - 2025
Ghana (%) 25.7 2025 yearly 1999 - 2025
Greece (%) 237.7 2025 yearly 2003 - 2025
Hong Kong SAR, China (%) 481.9 2025 yearly 2001 - 2025
Hungary (%) 118.0 2025 yearly 2006 - 2025
Iceland (%) 75.3 2025 yearly 1989 - 2025
India (%) 19.1 2025 yearly 1970 - 2025
Indonesia (%) 29.9 2025 yearly 2003 - 2025
Iran (%) 0.8 2025 yearly 1994 - 2025
Ireland (%) 507.4 2025 yearly 2002 - 2025
Israel (%) 26.9 2025 yearly 1998 - 2025
Italy (%) 120.8 2024 yearly 2002 - 2024
Ivory Coast (%) 34.4 2022 yearly 1994 - 2022
Japan (%) 109.8 2025 yearly 2003 - 2025
Jordan (%) 74.1 2025 yearly 1970 - 2025
Kazakhstan (%) 59.5 Dec 2025 quarterly Mar 2002 - Dec 2025
Kenya (%) 31.1 2025 yearly 2006 - 2025
South Korea (%) 41.1 2025 yearly 1994 - 2025
Kosovo (%) 40.7 2024 yearly 2007 - 2024
Kuwait (%) 60.1 2025 yearly 2014 - 2025
Kyrgyzstan (%) 55.4 2025 yearly 2003 - 2025
Laos (%) 68.7 2024 yearly 1996 - 2024
Latvia (%) 104.1 Mar 2026 quarterly Mar 2000 - Mar 2026
Lebanon (%) 21.3 2023 yearly 2007 - 2023
Lithuania (%) 93.1 2025 yearly 1996 - 2025
Luxembourg (%) 3,937.1 2025 yearly 2002 - 2025
North Macedonia (%) 72.0 2025 yearly 2004 - 2025
Malawi (%) 60.1 2021 yearly 2006 - 2021
Malaysia (%) 68.9 2025 yearly 2009 - 2025
Malta (%) 785.5 2025 yearly 2004 - 2025
Mauritius (%) 1,200.9 2025 yearly 2009 - 2025
Mexico (%) 35.0 2025 yearly 2002 - 2025
Moldova (%) 56.7 2024 yearly 2000 - 2024
Mongolia (%) 159.5 2025 yearly 1992 - 2025
Montenegro (%) 105.7 2024 yearly 2006 - 2024
Morocco (%) 50.8 2022 yearly 1970 - 2022
Mozambique (%) 49.2 2023 yearly 1985 - 2023
Myanmar (%) 18.9 2023 yearly 2018 - 2023
Nepal (%) 17.3 2016 yearly 2001 - 2016
Netherlands (%) 345.3 2025 yearly 2003 - 2025
New Zealand (%) 98.2 2025 yearly 1993 - 2025
Nigeria (%) 12.0 2025 yearly 1985 - 2025
Norway (%) 156.3 2025 yearly 2003 - 2025
Pakistan (%) 33.4 2025 yearly 2000 - 2025
Palestinian Territory (%) 13.1 2024 yearly 2012 - 2024
Panama (%) 167.4 2021 yearly 2014 - 2021
Paraguay (%) 59.8 2025 yearly 2000 - 2025
Peru (%) 33.7 2025 yearly 1980 - 2025
Philippines (%) 30.3 2025 yearly 1990 - 2025
Poland (%) 50.1 2025 yearly 1995 - 2025
Portugal (%) 145.3 2025 yearly 1996 - 2025
Qatar (%) 106.1 2018 yearly 2000 - 2018
Romania (%) 57.5 2024 yearly 1995 - 2024
Russia (%) 12.5 2025 yearly 1993 - 2025
Serbia (%) 60.5 2024 yearly 2000 - 2024
Singapore (%) 402.2 2025 yearly 2003 - 2025
Slovakia (%) 100.8 2025 yearly 1995 - 2025
Slovenia (%) 88.9 2025 yearly 1995 - 2025
South Africa (%) 46.9 2025 yearly 1985 - 2025
Spain (%) 162.9 2024 yearly 1995 - 2024
Sri Lanka (%) 75.0 2022 yearly 1998 - 2022
Sudan (%) 202.2 2021 yearly 2001 - 2021
Sweden (%) 155.5 2025 yearly 1997 - 2025
Switzerland (%) 226.4 2025 yearly 1999 - 2025
Taiwan, China (%) 26.5 2025 yearly 1999 - 2025
Tajikistan (%) 37.7 2021 yearly 2000 - 2021
Thailand (%) 35.4 Dec 2025 quarterly Mar 2005 - Dec 2025
Tunisia (%) 73.8 2025 yearly 2002 - 2025
Turkey (%) 32.6 2025 yearly 1995 - 2025

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Kenya Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.0 Sep 2025 quarterly Dec 2009 - Sep 2025
Tax Revenue (USD mn) 13,337.007 Mar 2026 monthly Sep 1999 - Mar 2026
Tax Revenue: % of GDP (%) 6.6 2025 yearly 2006 - 2025
National Government Debt (USD mn) 95,337.3 Dec 2025 monthly Sep 1999 - Dec 2025
Government Debt: % of GDP (%) 68.9 Sep 2025 quarterly Dec 2009 - Sep 2025
Forecast: Government Expenditure (KES bn) 7,377.502 2031 yearly 1982 - 2031
Forecast: Government Net Debt (KES bn) 24,174.502 2031 yearly 1998 - 2031
Forecast: Government Revenue (KES bn) 5,344.364 2031 yearly 1982 - 2031
Central Government Expenditure: ytd: Development (KES mn) 461,563.216 Mar 2026 monthly Sep 1999 - Mar 2026
Central Government Revenue and Grants: ytd: Revenue (KES mn) 2,229,507.786 Mar 2026 monthly Sep 1999 - Mar 2026
Central Government Revenue and Grants: ytd: Revenue: Tax: VAT (KES mn) 533,242.771 Mar 2026 monthly Sep 1999 - Mar 2026
Central Government Revenue and Grants: ytd: Revenue: Tax (KES mn) 1,726,227.902 Mar 2026 monthly Sep 1999 - Mar 2026
Central Government Revenue and Grants: ytd: Revenue: Tax: Excise Duty (KES mn) 231,764.560 Mar 2026 monthly Sep 1999 - Mar 2026
Central Government Expenditure: ytd: Recurrent (KES mn) 2,349,658.530 Mar 2026 monthly Sep 1999 - Mar 2026
Central Government Expenditure: ytd (KES mn) 3,109,699.034 Mar 2026 monthly Sep 1999 - Mar 2026
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.212 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,274.7 Mar 2026 monthly Oct 1992 - Mar 2026
Total Exports (USD mn) 784.7 Feb 2026 monthly Aug 1998 - Feb 2026
Total Exports Growth (%) 10.5 Mar 2026 monthly Aug 1999 - Mar 2026
Aluminum: Exports (USD th) 6,652.580 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 137,291.301 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 36,135.594 2024 yearly 1995 - 2024
Total Imports (USD mn) 1,745.7 Feb 2026 monthly Aug 1998 - Feb 2026
Total Imports Growth (%) 25.7 Mar 2026 monthly Aug 1999 - Mar 2026
Imports: Medicament (USD th) 437,549.295 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 231,810.109 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 84.227 Mar 2026 monthly Jan 1998 - Mar 2026
Total Imports from USA (USD mn) 46.749 Mar 2026 monthly Jan 1998 - Mar 2026
Total Exports to China (USD mn) 5.614 Feb 2026 monthly Apr 1998 - Feb 2026
Total Imports from China (USD mn) 526.658 Mar 2026 monthly Jan 2001 - Mar 2026
Imports Volume Index (2009=100) 133.400 2025 yearly 2007 - 2025
Exports Volume Index (2009=100) 160.800 2025 yearly 2007 - 2025
Exports: Domestic: Horticulture (KES mn) 16,068.660 Mar 2026 monthly Aug 1998 - Mar 2026
Exports: Domestic: Tea (KES mn) 15,287.300 Mar 2026 monthly Aug 1998 - Mar 2026
Exports: Domestic: Cement (KES mn) 264.679 Mar 2026 monthly Aug 1998 - Mar 2026
Exports: Domestic: Coffee (KES mn) 6,919.920 Mar 2026 monthly Aug 1998 - Mar 2026
Exports: Domestic: Chemicals (KES mn) 6,520.920 Mar 2026 monthly Aug 1998 - Mar 2026
Exports: Netherlands (KES mn) 6,680.610 Mar 2026 monthly Jan 1998 - Mar 2026
Exports: Tanzania (KES mn) 5,488.880 Mar 2026 monthly Jan 1998 - Mar 2026
Exports: Uganda (KES mn) 35,269.660 Mar 2026 monthly Jan 1998 - Mar 2026
Exports: United Kingdom (KES mn) 6,236.920 Mar 2026 monthly Jan 1998 - Mar 2026
Imports: India (KES mn) 49,079.870 Mar 2026 monthly Jan 1998 - Mar 2026
Imports: United Arab Emirates (KES mn) 19,151.380 Mar 2026 monthly Jan 1998 - Mar 2026
Imports: Italy (KES mn) 1,680.380 Mar 2026 monthly Jan 1998 - Mar 2026
Imports: Saudi Arabia (KES mn) 24,597.130 Mar 2026 monthly Jan 1998 - Mar 2026
Imports: South Africa (KES mn) 7,533.700 Mar 2026 monthly Jan 1998 - Mar 2026
Imports: Manufactured Goods Classified Chiefly by Materials (KES mn) 38,216.000 Mar 2026 monthly Aug 1998 - Mar 2026
Imports: Chemicals (KES mn) 43,794.670 Mar 2026 monthly Aug 1998 - Mar 2026
Imports: Food and Live Animals (KES mn) 26,964.440 Mar 2026 monthly Aug 1998 - Mar 2026
Imports: Mineral Fuels, Lubricants and Related Materials (KES mn) 91,646.390 Mar 2026 monthly Aug 1998 - Mar 2026
Imports: Machinery and Transport Equipment (KES mn) 54,644.620 Mar 2026 monthly Aug 1998 - Mar 2026
Exports (KES mn) 105,310.810 Mar 2026 monthly Aug 1998 - Mar 2026
Exports: Re-Exports (KES mn) 13,730.870 Mar 2026 monthly Aug 1998 - Mar 2026
Imports (KES mn) 270,296.900 Mar 2026 monthly Aug 1998 - Mar 2026
Export Value Index (2015=100) 122.400 2023 yearly 1980 - 2023
Import Value Index (2015=100) 118.200 2023 yearly 1980 - 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 430.2 2025 yearly 2009 - 2025
Current Account Balance (USD mn) -386.0 Sep 2025 monthly Jan 2002 - Sep 2025
Current Account Balance: % of GDP (%) -2.2 Sep 2025 quarterly Mar 2009 - Sep 2025
Foreign Direct Investment (USD mn) 1,110.8 2025 yearly 1970 - 2025
Foreign Direct Investment: % of GDP (%) 0.8 2025 yearly 1996 - 2025
Foreign Portfolio Investment (USD mn) 1,846.554 2025 yearly 2009 - 2025
Foreign Portfolio Investment: % of GDP (%) 1.4 2025 yearly 2009 - 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -92.0 2025 yearly 2009 - 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 1,938.576 2025 yearly 2009 - 2025
External Debt (USD mn) 42,337.5 Dec 2025 monthly Sep 1999 - Dec 2025
External Debt: % of GDP (%) 31.1 2025 yearly 2006 - 2025
External Debt: Short Term (USD mn) 2,007.8 2024 yearly 1970 - 2024
External Debt: Short Term: % of GDP (%) 1.7 2024 yearly 1996 - 2024
Forecast: Current Account Balance (USD bn) -6.323 2031 yearly 1980 - 2031
Balance of Payment: Current Account (USD mn) -386.000 Sep 2025 monthly Dec 2014 - Sep 2025
BoP: Financial Account: Direct Investment: Liabilities (KES mn) 143,628.000 2025 yearly 2009 - 2025
BoP: Current Account n.i.e (USD mn) -711.000 Sep 2025 quarterly Mar 2015 - Sep 2025
Balance of Payments (BoP) (USD mn) 519.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Current Account: Goods: Exports (USD mn) 3,642.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Current Account: Goods: Imports (USD mn) 6,395.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Current Account: Services: Credit (USD mn) 2,192.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Current Account: Goods (USD mn) -2,753.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Current Account: Services (USD mn) 443.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Capital Account n.i.e (USD mn) 23.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Current Account: Services: Debit (USD mn) 1,749.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Financial Account n.i.e (USD mn) -357.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Capital Account: Debit (USD mn) 0.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Financial Account: Direct Investment: Assets (USD mn) 120.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Capital Account: Credit n.i.e (USD mn) 23.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Financial Account: Direct Investment: Liabilities n.i.e (USD mn) 269.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Current Account: Primary Income: Debit (USD mn) 693.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Current Account: Primary Income: Credit (USD mn) 101.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Current Account: Secondary Income: Credit n.i.e (USD mn) 1,869.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Financial Account: Portfolio Investment: Liabilities n.i.e (USD mn) 154.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Financial Account: Other Investment: Liabilities n.i.e (USD mn) -166.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Current Account: Secondary Income: Debit (USD mn) 14.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Financial Account: Other Investment: Assets (USD mn) -436.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Financial Account: Portfolio Investment: Assets (USD mn) 194.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Financial Account: Financial Derivatives: Net (USD mn) 22.000 Sep 2025 quarterly Mar 2015 - Sep 2025
BoP: Reserves and Related Items: Reserve Assets (KES mn) -24,917.900 2017 yearly 2009 - 2017
BoP: Net Errors and Omissions (KES mn) 6,858.800 2017 yearly 2009 - 2017
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 14.4 Sep 2025 quarterly Mar 2016 - Sep 2025
Non-Performing Loans (USD mn) 2,674.259 Dec 2019 monthly Apr 2001 - Dec 2019
Money Supply M1 (USD mn) 19,121.051 Feb 2026 monthly Dec 1995 - Feb 2026
Money Supply M2 (USD mn) 43,282.706 Mar 2026 monthly Dec 1995 - Mar 2026
M2 Growth (%) 13.2 Feb 2026 monthly Dec 1996 - Feb 2026
Reserve Requirement Ratio (%) 4.3 Mar 2023 monthly Dec 1999 - Mar 2023
Foreign Exchange Reserves (USD mn) 12,535.0 Feb 2026 monthly Dec 2000 - Feb 2026
Foreign Exchange Reserves: % of GDP (%) 8.419 Sep 2025 quarterly Dec 2009 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 5.3 Feb 2026 monthly Sep 2005 - Feb 2026
Gold Reserves (USD mn) 2.547 Mar 2026 monthly Sep 1973 - Mar 2026
Total Deposits (USD mn) 46,744.891 Dec 2025 monthly Jan 1999 - Dec 2025
Total Deposits Growth (%) 6.5 Jun 2025 monthly Jan 2000 - Jun 2025
Domestic Credit (USD mn) 49,839.7 Dec 2025 monthly Dec 1995 - Dec 2025
Domestic Credit Growth (%) -0.4 Dec 2025 monthly Dec 1996 - Dec 2025
Total Loans (USD mn) 60,943.259 Dec 2025 monthly Jan 1999 - Dec 2025
Total Loans Growth (%) 10.11 Dec 2025 monthly Jan 2000 - Dec 2025
Private Debt: % of Nominal GDP (%) 27.59 Sep 2025 quarterly Dec 2009 - Sep 2025
Money Supply: M3 (KES mn) 6,869,176.000 Feb 2026 monthly Dec 1995 - Feb 2026
Money Supply: M3: M2: M1 (KES mn) 2,466,998.000 Feb 2026 monthly Dec 1995 - Feb 2026
Money Supply: M3: M2 (KES mn) 5,623,722.000 Mar 2026 monthly Dec 1995 - Mar 2026

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