Kenya's external debt stocks, private nonguaranteed (PNG) (DOD, current US$) was US$337.61 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 17.96% from US$286.2 million in 2014 (1.67% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$337.61 million | 2024 |
| Five years earlier | US$817.28 million | 2019 |
| Ten years earlier | US$286.2 million | 2014 |
| Highest | US$1.02 billion | 2018 |
| Lowest | US$0 | 2005 |
| Average since 2015 | US$689.8 million | 2015–2024 |
| First recorded | US$87.5 million |
What the numbers say
In 2024, Kenya's external debt stocks, private nonguaranteed (PNG) (DOD, current US$) fell US$94.11 million on 2023 (from US$431.73 million to US$337.61 million).
Across the 30 yearly changes before that (1986 to 2023), the average change was −US$6.74 million and a typical year strayed about US$152.35 million from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was US$448.63 million in 2015 and the biggest yearly fall was US$408 million in 1992. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about US$47.23 million a year. A straight line explains 49% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Kenya had the 72nd highest value of the 86 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Kenya | US$337.61 million | 2024 |
| Lower middle income | US$603.51 billion | 2024 |
Closest to Kenya in the 2024 ranking
- Madagascar — 68th of 86: US$489.33 million
- Myanmar — 69th of 86: US$483.59 million
- Maldives — 70th of 86: US$352.73 million
- Algeria — 72nd of 86: US$278.34 million
- Cameroon — 73rd of 86: US$271.23 million
- Côte d'Ivoire — 74th of 86: US$239.97 million
What this measures
Private nonguaranteed external debt comprises long-term external obligations of private debtors that are not guaranteed for repayment by a public entity. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 48 values
| Year | External debt stocks, private nonguaranteed (PNG) (DOD, current US$) |
|---|---|
| 2024 | 337,611,693 |
| 2023 | 431,726,180 |
| 2022 | 569,186,085 |
| 2021 | 643,547,686 |
| 2020 | 820,948,790 |
| 2019 | 817,283,937 |
| 2018 | 1,020,799,248 |
| 2017 | 848,628,992 |
| 2016 | 673,464,000 |
| 2015 | 734,832,000 |
External debt stocks, private nonguaranteed (PNG) (DOD, current US$) in nearby economies
- Angola — US$1.75 billion (2024)
- Benin — US$2.79 billion (2024)
- Botswana — US$0 (2023)
- Burkina Faso — US$5.07 billion (2024)
- Cameroon — US$271.23 million (2024)
- Côte d'Ivoire — US$239.97 million (2024)
- Eswatini — US$102.34 million (2024)
- Ghana — US$4.55 billion (2024)
- Guinea-Bissau
More economic policy & debt data for Kenya
- General government final consumption expenditure (current US$) — US$15.24 billion (2025)
- General government final consumption expenditure (current LCU) — 1.97 trillion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$14.8 billion (2025)
- General government final consumption expenditure (constant LCU) — 1.51 trillion (2025)
- General government final consumption expenditure (% of GDP) — 11.21% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$104.6 billion (2025)
- Households and NPISHs final consumption expenditure (current LCU) — 13.52 trillion (2025)
- Households and NPISHs final consumption expenditure (constant 2015 US$)
Reading data like this
Questions people ask
- What is Kenya's external debt stocks, private nonguaranteed (PNG) (DOD, current US$)?
- US$337.61 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 285.84% from US$87.5 million in 1970 (2.53% a year on average, compounded). The highest value was US$1.02 billion in 2018 and the lowest US$0 in 2005.
- How does Kenya rank?
- 72nd highest of 86 economies with data for 2024.
- Is the latest change in external debt stocks, private nonguaranteed (PNG) (DOD, current US$) unusual for Kenya?
- In 2024, Kenya's external debt stocks, private nonguaranteed (PNG) (DOD, current US$) fell US$94.11 million on 2023 (from US$431.73 million to US$337.61 million). Across the 30 yearly changes before that (1986 to 2023), the average change was −US$6.74 million and a typical year strayed about US$152.35 million from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator DT.DOD.DPNG.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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