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Originally published by The Kenyan Wall Streetbusiness
October 2, 2025
2h ago
Trade Gap Pushes Kenya’s Current Account Deficit to KSh 83.7Bn
Kenya’s current account deficit widened 77% in Q2 2025 to KSh 83.7Bn, driven by a larger trade gap, weaker exports, and rising debt despite stronger reserves..
✨ Key Highlights
Kenya's current account deficit significantly widened to KSh 83.7 billion in the second quarter of 2025, marking a 76.6% increase from the previous year. This expansion was primarily driven by a larger merchandise trade deficit as exports declined and imports grew.
- The merchandise trade deficit reached KSh 348.4 billion, with exports dropping by 16.5% and imports contracting by a slower 4.5%.
- The Kenya National Bureau of Statistics reported that diaspora remittances boosted secondary income, which rose to KSh 243.1 billion, an increase of 7.3%.
- Despite the widening deficit, official reserves increased by 40% to KSh 1.535 trillion, and the overall Balance of Payments (BoP) registered a surplus of KSh 157.0 billion.
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