CBK is projecting that goods imports will grow by 8.1 percent to $25.62 billion (Sh3.32 trillion) this year, while exports will expand by just 2.3 percent to $13.34 billion (Sh1.73 trillion).
Kenya's current account deficit to widen to 3% of GDP in 2026 from 2.1%, driven by fuel costs (+102% diesel, +55% petrol) and weak diaspora remittances (+1.5%) amid Middle East tensions. Currency depreciation raises import costs for capital goods and constrains infrastructure investment in a slowing economy.
By
Charles Mwaniki
Business Reporter
Nation Media Group
Kenya’s current account deficit is expected to widen to three percent of gross domestic product (GDP) this year from 2.1 percent in 2025 on higher fuel import costs and flat inflows from goods exports and diaspora remittances.
Data from the Kenya National Bureau of Statistics (KNBS) shows that the deficit in merchandise trade grew 17.4 percent to…
India's current account deficit (CAD) is likely to widen sharply to 2.3 per cent of GDP in FY27 from 0.9 per cent in FY26 amid…
India's current account deficit is projected to rise to 2.2% of GDP due to escalating oil prices, warns Crisil.
With the West Asia conflict persisting and global oil prices likely to average around USD 100/bbl, India's current account…
Kenya inflation rose to 6.7% in May 2026 as the central bank held rates at 8.75% and cut its 2026 growth forecast to 4.9%,…
With the West Asia conflict persisting and global oil prices likely to average around $100/bbl, India's current account deficit…
Kenya Inflation Hits 6.7% as Central Bank Trims 2026 Growth Forecast
First-quarter current account surplus widens but oil imports could take toll
India's current account deficit to remain at 1.5-1.7% of GDP in FY27, but RBI measures may turn BoP surplus: SBI Report
India's current account deficit to remain 1.5-1.7% of GDP in FY27 but RBI measures may turn BoP surplus: SBI Report
Treasury faces budget squeeze as IMF, World Bank freeze loans
Goldman Sachs cuts India's 2026 CAD forecast to 1.3% of GDP
India's current account deficit to stand at 1.8% of GDP for FY27: Report
Treasury cuts energy sector budget despite fuel pressures
Exports rise to 6-month high of 18 pc in May; trade deficit widens to USD 28.21 bn
India posts current account surplus of $4.7B in April
