Current Account Balance in Kenya
In the decade to 2022, the current account balance averaged -6.0% of GDP in Kenya, which is below the Sub-Saharan Africa average of -2.5% of GDP. The 2022 reading was -5.1% of GDP. For more current account information, visit our dedicated page.
Kenya Current Account Chart
Kenya Current Account Data
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Current Account Balance (% of GDP) | -5.5 | -4.6 | -5.5 | -5.0 | -4.0 |
Current Account Balance (USD bn) | -5.5 | -4.6 | -6.0 | -5.8 | -4.3 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Kenyan current account projections for the next ten years from a panel of 13 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable current account forecast available for Kenyan current account.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Kenyan current account projections.
Want to get access to the full dataset of Kenyan current account forecasts? Send an email to info@focus-economics.com.