Foreign Investment Survey (FIS) 2023

THE 2023 FOREIGN INVESTMENT SURVEY:

KNBS is implementing the 2023 Foreign Investment Survey (FIS) in collaboration with the Central Bank of Kenya (CBK) and Kenya Investment Authority (KenInvest). Other stakeholders in the process include the Capital Markets Authority (CMA), the Export Processing Zones Authority (EPZA) and the Insurance Regulatory Authority (IRA). Data collection commenced on 15th November, 2023 and is expected to be undertaken until February, 2024. The field personnel involved in data collection are drawn from the collaborating institutions and comprise of Research Assistants, Supervisors and Field Coordinators.

The Survey targets enterprises that had Foreign Assets and Liabilities (FAL) and other cross border flows in 2020, 2021 and 2022; and positions for the years ending 2019 to 2022. These FAL could be in form of equity (shareholding), debt instruments (loans, currency and deposits, accounts payables/ receivables, debt securities and other money market instruments such as corporate bonds), financial derivatives, insurance technical reserves and employee stock options.

The survey also seeks information on other cross border transactions (revenues and expenditures) including international trade in goods and services for the years 2020 to 2022 and investor perceptions on the business environment since 2020.

The FIS is the main source of data on Foreign Direct Investment (FDI) and Private Sector External Debt. Findings from the FIS are used to inform and update the Balance of Payments (BOP) Statistics; and more recently, the International Investment Position for Kenya (IIP). These statements highlight the level and composition of the country’s external assets and liabilities and inform policy interventions aimed at attracting and retaining investment in the country.

These findings are disseminated in the FIS Reports as well as in the BOP and IIP Statements in the quarterly BOP Reports and annual, Economic Survey and Statistical Abstract Reports.

We therefore appeal to the sampled enterprises (respondents) to cooperate by providing the necessary information in the FIS 2023 Questionnaire and accompanying Financial Statements for the period ending 2020, 2021 and 2022. Confidentiality of the information provided is guaranteed as enshrined in the Statistics Act, 2006 from which we derive our mandate. The data is anonymized and disseminated in form of statistical aggregates.

The FIS 2023 Questionnaire and information leaflet have been attached for your use and reference. Previous Foreign Investment Survey Reports can also be accessed via this link:

FIS 2023 PDF QUESTIONNAIRE

FIS 2023 EXCEL QUESTIONNAIRE

Feel free to contact us on the various platforms should you require any additional information related to this and any of the Bureau’s activities.

FIS 2023 Brochure