Kenya's multilateral debt service (TDS, current US$) was US$1.37 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 599.34% from US$195.94 million in 2014 (21.47% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$1.37 billion | 2024 |
| Five years earlier | US$935.97 million | 2019 |
| Ten years earlier | US$195.94 million | 2014 |
| Highest | US$1.37 billion | 2024 |
| Lowest | US$725,164 | 1971 |
| Average since 2015 | US$781.14 million | 2015–2024 |
| First recorded | US$1.62 million |
What the numbers say
In 2024, Kenya's multilateral debt service (TDS, current US$) rose 12.5% on 2023 (from US$1.22 billion to US$1.37 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +11.6% and a typical year strayed about 45.4% from that (the standard deviation). This year's change was 0.0 standard deviations above 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 204.6% in 2005 and the biggest yearly fall was 55.2% in 1971. 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 upward, about US$139.28 million a year. A straight line explains 95% 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.
A straight-line projection, tested first
Extending that straight line gives about US$1.72 billion for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was US$119.58 million, against US$166.75 million for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2024, Kenya had the 21st highest value of the 120 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$1.37 billion | 2024 |
| Lower middle income | US$47.03 billion | 2024 |
Closest to Kenya in the 2024 ranking
- Kazakhstan — 17th of 120: US$1.69 billion
- Uzbekistan — 18th of 120: US$1.5 billion
- Peru — 19th of 120: US$1.5 billion
- Nigeria — 21st of 120: US$1.26 billion
- Tunisia — 22nd of 120: US$1.25 billion
- Bolivia — 23rd of 120: US$1.1 billion
What this measures
Public and publicly guaranteed multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Debt service payments are the sum of principal repayments and interest payments actually made in the year specified. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 55 values
| Year | Multilateral debt service (TDS, current US$) |
|---|---|
| 2024 | 1,370,259,642 |
| 2023 | 1,217,605,011 |
| 2022 | 1,080,403,069 |
| 2021 | 1,056,010,657 |
| 2020 | 870,311,669 |
| 2019 | 935,966,878 |
| 2018 | 597,880,648 |
| 2017 | 290,604,549 |
| 2016 | 199,356,385 |
| 2015 | 193,003,023 |
Multilateral debt service (TDS, current US$) in nearby economies
- Angola — US$491.2 million (2024)
- Benin — US$200.14 million (2024)
- Botswana — US$250.9 million (2024)
- Burkina Faso — US$228.43 million (2024)
- Burundi — US$14.51 million (2024)
- Cabo Verde — US$65.44 million (2024)
- Cameroon — US$375.85 million (2024)
- Central African Republic — US$8.22 million (2024)
- Chad — US$55.83 million (2024)
- Comoros
More economic policy & debt data for Kenya
- General government final consumption expenditure (current US$) — 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 multilateral debt service (TDS, current US$)?
- US$1.37 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 84,641% from US$1.62 million in 1970 (13.3% a year on average, compounded). The highest value was US$1.37 billion in 2024 and the lowest US$725,164 in 1971.
- How does Kenya rank?
Source
World Bank, World Development Indicators, indicator DT.TDS.MLAT.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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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