Kenya: Merchandise trade (% of GDP)
In , Kenya's Merchandise trade (% of GDP) was 23.54.
That's down 1.8% from 2023, the highest value since .
The global average for this indicator in 2024 was 64.89 . Kenya ranks #188 globally out of 197 reporting countries. Within Sub-Saharan Africa, it ranks #44 of 48.
Source: World Bank Open Data (TG.VAL.TOTL.GD.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 49.45
- Trough
- 21.33
- 1-year change
- -1.8%
- 5-year change
- +0.6%
- +0.1% / yr
- 10-year change
- -34.4%
- -4.1% / yr
Historical Data — Last 10 Years
| Year | Merchandise trade (% of GDP) |
|---|---|
| 23.5376 | |
| 23.9775 | |
| 24.9692 | |
| 23.9719 | |
| 21.3288 | |
| 23.4054 | |
| 25.4113 | |
| 27.3464 | |
| 26.4679 | |
| 31.3732 |
About Merchandise trade (% of GDP)
General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: TG.VAL.TOTL.GD.ZS • Category: Trade & Finance
Frequently asked questions
- What was Kenya's Merchandise trade (% of GDP) in 2024?
- In 2024, Kenya's Merchandise trade (% of GDP) was 23.54, according to World Bank Open Data.
- Is Kenya's Merchandise trade (% of GDP) rising or falling?
- Kenya's Merchandise trade (% of GDP) fell 1.8% from 2023 to 2024.
- How does Kenya rank globally on Merchandise trade (% of GDP)?
- In 2024, Kenya ranked #188 out of 197 countries reporting Merchandise trade (% of GDP).
- How does Kenya's Merchandise trade (% of GDP) compare to the world average?
- The global average for Merchandise trade (% of GDP) in 2024 was 64.89, so Kenya is below the world average. Within Sub-Saharan Africa, it ranks #44 of 48.
- What is Merchandise trade (% of GDP) and how is it measured?
- General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (TG.VAL.TOTL.GD.ZS), CC BY 4.0.