Quarterly Balance of Payments – First Quarter 2025
About Report
Statistical Releases
Quarterly BOP Reports
June
2025
Overview
The current account balance widened from a deficit of KSh 42.1 billion in the first quarter of 2024 to a deficit of KSh 66.6 billion in the first quarter of 2025. The expanded deficit was mainly driven by a KSh 45.5 billion decline in net inflows in the secondary income account to KSh 230.9 billion in the first quarter. The reduction in the secondary income account was largely due to a 11.0 per cent decrease in diaspora remittances to KSh 161.0 billion in the quarter under review.