Kenya: Trade (% of GDP)
In , Kenya's Trade (% of GDP) was 40.19.
That's down 2.3% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Kenya ranks #143 globally out of 160 reporting countries. Within Sub-Saharan Africa, it ranks #35 of 39.
Source: World Bank Open Data (NE.TRD.GNFS.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
- 64.48
- Trough
- 30.40
- 1-year change
- -2.3%
- 5-year change
- +26.5%
- +4.8% / yr
- 10-year change
- -13.0%
- -1.4% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 40.1860 | |
| 41.1111 | |
| 40.2753 | |
| 35.0020 | |
| 30.3991 | |
| 31.7595 | |
| 34.4148 | |
| 35.9951 | |
| 34.8650 | |
| 40.3274 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. 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: NE.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Kenya's Trade (% of GDP) in 2024?
- In 2024, Kenya's Trade (% of GDP) was 40.19, according to World Bank Open Data.
- Is Kenya's Trade (% of GDP) rising or falling?
- Kenya's Trade (% of GDP) fell 2.3% from 2023 to 2024.
- How does Kenya rank globally on Trade (% of GDP)?
- In 2024, Kenya ranked #143 out of 160 countries reporting Trade (% of GDP).
- How does Kenya's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Kenya is below the world average. Within Sub-Saharan Africa, it ranks #35 of 39.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. 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 (NE.TRD.GNFS.ZS), CC BY 4.0.