Remittances, annual growth rate in Kenya

Kenya: Remittances, annual growth rate was 5.6 % change on previous year in 2024. ◆ Volatile

Latest (2024)
5.6 % change on previous year
Change on year
down 48.5%
World rank
50th
of 189 countries
All-time high
431.5 % change on previous year
in 1997
All-time low
-90.74 % change on previous year
in 2001
Years of data
54
1971–2024

Remittances, annual growth rate in Kenya, 1971–2024

0200400197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, remittances, annual growth rate in Kenya stood at 5.6 % change on previous year.

That represents a change of down 48.5% on the previous year and up 2,535.9% over ten years.

Over the whole period, remittances, annual growth rate in Kenya peaked at 431.5 % change on previous year in 1997 and was at its lowest, -90.74 % change on previous year, in 2001.

That places Kenya 50th out of 189 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Remittances, annual growth rate in Kenya, year by year

Annual values for Remittances, annual growth rate in Kenya, 1971 to 2024.
Year % change on previous year Change
1971 -9.84 % change on previous year —
1972 61.11 % change on previous year -721.3%
1973 -24.01 % change on previous year -139.3%
1974 24.5 % change on previous year -202.0%
1975 -34.91 % change on previous year -242.5%
1976 -29.64 % change on previous year -15.1%
1977 44.31 % change on previous year -249.5%
1978 21.06 % change on previous year -52.5%
1979 -38.32 % change on previous year -282.0%
1980 24.28 % change on previous year -163.3%
1981 200.31 % change on previous year +725.1%
1982 -7.75 % change on previous year -103.9%
1983 -8.1 % change on previous year +4.4%
1984 -5.62 % change on previous year -30.6%
1985 17.35 % change on previous year -408.5%
1986 -33.05 % change on previous year -290.5%
1987 14.96 % change on previous year -145.3%
1988 10.66 % change on previous year -28.7%
1989 17.39 % change on previous year +63.2%
1990 51.02 % change on previous year +193.3%
1991 -6.3 % change on previous year -112.3%
1992 -8.1 % change on previous year +28.5%
1993 46.82 % change on previous year -678.3%
1994 -6.5 % change on previous year -113.9%
1995 -49.64 % change on previous year +663.9%
1996 -24.86 % change on previous year -49.9%
1997 431.5 % change on previous year -1835.5%
1998 -2.29 % change on previous year -100.5%
1999 20.17 % change on previous year -979.2%
2000 -6.65 % change on previous year -133.0%
2001 -90.74 % change on previous year +1264.9%
2002 10.85 % change on previous year -112.0%
2003 1.65 % change on previous year -84.8%
2004 428.52 % change on previous year +25930.3%
2005 -2.86 % change on previous year -100.7%
2006 -2.61 % change on previous year -8.8%
2007 -8.6 % change on previous year +229.6%
2008 -7.92 % change on previous year -8.0%
2009 -19.79 % change on previous year +150.0%
2010 1.28 % change on previous year -106.5%
2011 31.97 % change on previous year +2390.5%
2012 7.74 % change on previous year -75.8%
2013 -1.51 % change on previous year -119.5%
2014 -0.2298 % change on previous year -84.8%
2015 6.06 % change on previous year -2738.6%
2016 4.2 % change on previous year -30.8%
2017 2.57 % change on previous year -38.7%
2018 23.35 % change on previous year +807.1%
2019 -4.17 % change on previous year -117.8%
2020 9.2 % change on previous year -320.8%
2021 11.3 % change on previous year +22.8%
2022 3.22 % change on previous year -71.5%
2023 10.87 % change on previous year +237.7%
2024 5.6 % change on previous year -48.5%

Kenya compared with similar countries

  • Kenya's 5.6 % change on previous year is above the median for lower middle income countries, which is -0.8794 % change on previous year. (47 countries reporting)
  • Kenya's 5.6 % change on previous year is above the median for Sub-Saharan Africa, which is -0.6476 % change on previous year. (44 countries reporting)

Biggest year-on-year movements

Years where Remittances, annual growth rate in Kenya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2004 +25930.3% 1.65 % change on previous year 428.52 % change on previous year
2015 +2738.6% -0.2298 % change on previous year 6.06 % change on previous year
2011 +2390.5% 1.28 % change on previous year 31.97 % change on previous year
1997 +1835.5% -24.86 % change on previous year 431.5 % change on previous year
2001 -1264.9% -6.65 % change on previous year -90.74 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.58 % change on previous year -38.32 % change on previous year 61.11 % change on previous year 9
1980s 23.04 % change on previous year -33.05 % change on previous year 200.31 % change on previous year 10
1990s 45.18 % change on previous year -49.64 % change on previous year 431.5 % change on previous year 10
2000s 30.19 % change on previous year -90.74 % change on previous year 428.52 % change on previous year 10
2010s 7.13 % change on previous year -4.17 % change on previous year 31.97 % change on previous year 10
2020s 8.04 % change on previous year 3.22 % change on previous year 11.3 % change on previous year 5

Countries ranked near Kenya

  1. 47 Syria 5.95 % change on previous year compare
  2. 48 Pakistan 5.81 % change on previous year compare
  3. 49 Namibia 5.62 % change on previous year compare
  4. 51 Belarus 5.42 % change on previous year compare
  5. 52 Marshall Islands 5.26 % change on previous year compare
  6. 53 Micronesia (country) 5.19 % change on previous year compare

See the full ranking of 189 places →

More reference data data for Kenya

All data for Kenya →

Frequently asked questions

What is remittances, annual growth rate in Kenya?
Remittances, annual growth rate in Kenya was 5.6 % change on previous year in 2024, according to Statizoid (derived).
What is the highest remittances, annual growth rate recorded in Kenya?
The highest recorded value was 431.5 % change on previous year in 1997.
What is the lowest remittances, annual growth rate recorded in Kenya?
The lowest recorded value was -90.74 % change on previous year in 2001.
How does Kenya rank for remittances, annual growth rate?
Kenya ranks 50th out of 189 countries with data for 2024.
Is remittances, annual growth rate rising or falling in Kenya?
Over the last ten years it is up 2,535.9%. The long-run trend across the full record is volatile.
Where does this Kenya data come from?
The figures come from Statizoid (derived), published as part of Remittances, annual growth rate. Statizoid updates them automatically from the source API.

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Remittances, annual growth rate in Kenya. Statizoid, drawing on Statizoid (derived). Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances-annual-growth-rate/kenya/

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How this figure is calculated

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Remittances, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
189 places, 6,804 data points, 1971–2025
Last refreshed

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.