Foreign debt reached 26,424 USD bil in 2017 in Kenya, according to the National Statistical Office. This is 18.4 % more than in the previous year.
Historically, foreign debt in Kenya reached an all time high of 26,424 USD bil in 2017 and an all time low of 478 USD bil in 1970. When compared to Kenya's main peers, foreign debt in Ethiopia amounted to 26,562 USD bil, 2,958 USD bil in Somalia, 18,242 USD bil in Tanzania and 11,189 USD bil in Uganda in 2017.
Kenya has been ranked 35th within the group of 111 countries we follow in terms of foreign debt, 10 places above the position seen 10 years ago.
Foreign (or external) debt is that part of the total debt in a country that is owed to creditors outside the country.