Kenya: Portfolio investment, bonds (PPG + PNG) (NFL, current US$)

Key figures

What the numbers say

In 2024, Kenya's portfolio investment, bonds (PPG + PNG) (NFL, current US$) fell US$500 million on 2023 (from US$0 to −US$500 million).

Across the 11 yearly changes before that (1971 to 2023), the average change was −US$181.21 million and a typical year strayed about US$623.21 million from that (the standard deviation). This year's change was 0.5 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$1 billion in 2021 and the biggest yearly fall was US$1.35 billion in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those 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 50th highest value of the 59 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.

Closest to Kenya in the 2024 ranking

• Sri Lanka — 47th of 59: −US$330.58 million
• Zambia — 48th of 59: −US$344.72 million
• Kazakhstan — 49th of 59: −US$462.63 million
• Jamaica — 51st of 59: −US$799.31 million
• Egypt, Arab Rep. — 52nd of 59: −US$804.78 million
• Ukraine — 53rd of 59: −US$807.34 million

What this measures

Bonds are securities issued with a fixed rate of interest for a period of more than one year. They include net flows through cross-border public and publicly guaranteed and private nonguaranteed bond issues. Data are in current U.S. dollars.

Limitations: The DRS encourages debtor countries to voluntarily provide information on their short-term external obligations. By its nature, short-term external debt is difficult to monitor: loan-by-loan registration is normally impractical, and monitoring systems typically rely on information requested periodically by the central bank from the banking sector. The World Bank regards the debtor country as the authoritative source of information on its short-term debt. Where such information is not available from the debtor country, data are derived from BIS data on international bank lending based on time remaining to original maturity.

Regional and income-group figures are computed by the World Bank as a sum.

All 17 values

Portfolio investment, bonds (PPG + PNG) (NFL, current US$) in nearby economies

• Benin — US$515.57 million (2024)
• Cameroon — −US$47.1 million (2024)
• Congo, Rep. — −US$27.23 million (2024)
• Côte d'Ivoire — US$2.22 billion (2024)
• Gabon — −US$314.44 million (2024)
• Ghana — −US$165.74 million (2024)
• Mauritius — −US$56.75 million (2024)
• Nigeria — US$2.2 billion (2024)
• Rwanda — −US$19.15 million (2024)

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

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Kenya's portfolio investment, bonds (PPG + PNG) (NFL, current US$)?

−US$500 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1970?

It is down 4,892% from −US$10.02 million in 1970. The highest value was US$2.75 billion in 2014 and the lowest −US$500 million in 2024.

How does Kenya rank?

50th highest of 59 economies with data for 2024.

Is the latest change in portfolio investment, bonds (PPG + PNG) (NFL, current US$) unusual for Kenya?

In 2024, Kenya's portfolio investment, bonds (PPG + PNG) (NFL, current US$) fell US$500 million on 2023 (from US$0 to −US$500 million). Across the 11 yearly changes before that (1971 to 2023), the average change was −US$181.21 million and a typical year strayed about US$623.21 million from that (the standard deviation). This year's change was 0.5 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.NFL.BOND.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.