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Economy of Kenya vs Slovakia compared: GDP & Debt

Updated on by Georank

Kenya has a GDP of $136B compared to $155B for Slovakia, ranking 62/197 and 60/197 by economy size, respectively.

Kenya has $94.3B in government debt (69.3% of GDP), compared to $95.3B (61.6% of GDP) in Slovakia.

Kenya vs Slovakia GDP by year

Kenya
Slovakia
1x
Year GDP, current $
Kenya Slovakia
2025 $135,941,278,879 $154,530,066,507
2024 $120,397,537,850 $140,934,076,532
2023 $107,500,884,685 $133,578,518,424
2022 $114,448,978,153 $115,792,972,358
2021 $109,703,658,905 $120,511,265,913
2020 $100,657,505,751 $107,732,602,896
2019 $100,378,436,207 $105,843,498,304
2018 $92,202,979,985 $106,611,673,365
2017 $82,036,510,877 $95,978,130,735
2016 $74,815,144,164 $90,347,173,229
2015 $70,120,446,897 $89,178,548,717
2014 $68,285,796,514 $101,713,075,599
2013 $61,671,440,408 $99,134,277,850
2012 $56,396,704,672 $94,724,394,278
2011 $46,869,473,151 $99,705,104,723
2010 $45,405,615,064 $91,112,160,801
2009 $42,347,217,913 $89,342,984,698
2008 $35,895,153,328 $96,685,492,864
2007 $31,958,195,182 $77,019,443,089
2006 $25,825,512,284 $57,111,148,619
2005 $18,737,895,513 $48,823,790,951
2004 $16,095,337,094 $42,960,730,480
2003 $14,904,517,650 $33,761,723,946
2002 $13,147,736,899 $24,768,142,566
2001 $12,986,007,426 $21,377,597,035
2000 $12,705,350,098 $20,626,538,612
1999 $12,896,010,459 $20,813,421,086
1998 $14,093,998,844 $22,911,708,405
1997 $13,115,764,358 $22,026,728,498
1996 $12,045,865,396 $21,864,845,214
1995 $9,046,320,255 $20,306,095,054
1994 $7,148,148,564 $16,187,735,322
1993 $5,751,786,643 $13,991,963,247
1992 $8,209,120,763 $12,932,972,789
1991 $8,151,488,783 $11,952,983,608
1990 $8,572,359,038 $17,068,924,602
1989 $8,283,114,514 -
1988 $8,355,380,879 -
1987 $7,970,820,369 -
1986 $7,239,126,568 -
1985 $6,135,034,214 -
1984 $6,191,437,070 -
1983 $5,979,198,314 -
1982 $6,431,579,357 -
1981 $6,854,491,706 -
1980 $7,265,315,820 -
1979 $6,234,391,113 -
1978 $5,303,735,111 -
1977 $4,494,378,764 -
1976 $3,474,542,392 -
1975 $3,259,345,083 -
1974 $2,969,958,812 -
1973 $2,509,001,324 -
1972 $2,107,279,157 -
1971 $1,778,391,289 -
1970 $1,603,447,359 -
1969 $1,458,379,417 -
1968 $1,353,295,459 -
1967 $1,232,559,507 -
1966 $1,164,519,674 -
1965 $997,919,321 -
1964 $998,759,334 -
1963 $926,589,349 -
1962 $868,111,401 -
1961 $792,959,473 -
1960 $791,265,459 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/kenya/slovakia | CC BY

GDP per capita in Kenya vs Slovakia by year

Kenya
GDP per capita

GDP per capita, PPP
Slovakia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kenya Slovakia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,363 - $28,544 -
2024 $2,133 $6,644 $25,993 $48,132
2023 $1,943 $6,317 $24,615 $45,974
2022 $2,110 $5,883 $21,318 $41,562
2021 $2,061 $5,339 $22,123 $38,346
2020 $1,928 $4,793 $19,735 $35,328
2019 $1,960 $4,687 $19,406 $33,986
2018 $1,836 $4,412 $19,573 $31,510
2017 $1,667 $4,177 $17,646 $30,246
2016 $1,554 $3,917 $16,636 $29,868
2015 $1,489 $3,678 $16,442 $30,148
2014 $1,483 $3,359 $18,771 $29,108
2013 $1,371 $3,106 $18,313 $28,075
2012 $1,285 $2,847 $17,517 $27,023
2011 $1,096 $2,750 $18,469 $26,202
2010 $1,092 $2,635 $16,899 $25,382
2009 $1,048 $2,480 $16,587 $23,077
2008 $916 $2,459 $17,974 $23,714
2007 $840 $2,481 $14,330 $21,232
2006 $700 $2,330 $10,629 $18,906
2005 $523 $2,189 $9,087 $16,570
2004 $464 $2,066 $7,997 $15,166
2003 $443 $1,975 $6,283 $14,088
2002 $403 $1,940 $4,606 $13,292
2001 $411 $1,961 $3,974 $12,367
2000 $415 $1,907 $3,828 $11,370
1999 $434 $1,910 $3,857 $10,726
1998 $488 $1,895 $4,250 $10,666
1997 $467 $1,865 $4,092 $10,137
1996 $441 $1,875 $4,069 $9,500
1995 $340 $1,818 $3,787 $8,812
1994 $276.4 $1,754 $3,028 $8,178
1993 $229 $1,723 $2,627 $7,569
1992 $337 $1,728 $2,438 $7,270
1991 $345 $1,756 $2,254 $7,623
1990 $374 $1,729 $3,221 $8,638
1989 $374 - - -
1988 $391 - - -
1987 $387 - - -
1986 $364 - - -
1985 $320 - - -
1984 $334 - - -
1983 $335 - - -
1982 $374 - - -
1981 $413 - - -
1980 $454 - - -
1979 $403 - - -
1978 $355 - - -
1977 $311 - - -
1976 $248.9 - - -
1975 $241.2 - - -
1974 $227.2 - - -
1973 $198.6 - - -
1972 $172.6 - - -
1971 $150.9 - - -
1970 $141 - - -
1969 $133.3 - - -
1968 $128.7 - - -
1967 $121.9 - - -
1966 $119.8 - - -
1965 $106.9 - - -
1964 $111.3 - - -
1963 $107.4 - - -
1962 $104.6 - - -
1961 $99.3 - - -
1960 $102.8 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/kenya/slovakia | CC BY

Kenya's GDP per capita is $2,363, ranking 154/197, compared to $28,544 in Slovakia, ranking 46/197. Adjusted for purchasing power (GDP per capita PPP), Kenya ranks 149th at $6,644, while Slovakia ranks 49th at $48,132.

Economic indicators

Kenya Slovakia
Gross domestic product
$136B
2025
$155B
2025
GDP rank
62/197
2025
60/197
2025
GDP growth
4.63%
2024-2025
0.81%
2024-2025
GDP per capita
$2,363
2025
$28,544
2025
GDP per capita rank
154/197
2025
46/197
2025
GDP per capita, PPP
$6,644
2024
$48,132
2024
GDP per capita PPP rank
149/197
2024
49/197
2024
Government debt
$94.3B
2025
$95.3B
2025
Debt-to-GDP ratio
69.3%
2025
61.6%
2025
Government debt per person
$1,638
2025
$17,597
2025
Government debt per person rank
126/185
2025
36/185
2025
Average annual personal income after taxes
$2,538
2026
$17,518
2026
Market capitalization of domestic companies
$22.8B
2025
$5.38B
2014
Number of billionaires n/a
2
2026
Income share by richest 10%
30.9%
2022
18.8%
2023
Income share by poorest 10%
2.9%
2022
3.3%
2023
Government expenditure, % of GDP
24%
2025
48.7%
2025
Consumer prices inflation
4.07%
2024-2025
4%
2024-2025
Central bank interest rate
8.75%
2026
n/a
Unemployment rate
5.44%
2022
5.4%
2025
Population
59218766
5376239

Spending and national debt comparison by year

Kenya
Spending

Debt
Slovakia
Spending

Debt
1x
Year % of GDP
Kenya Slovakia
Government spending Government debt Government spending Government debt
2025 24% 69.3% 48.7% 61.6%
2024 23.2% 67.3% 47.5% 59.7%
2023 22.6% 73.4% 48.2% 55.8%
2022 23.1% 67.8% 43.1% 57.8%
2021 24% 68.2% 44.8% 60.2%
2020 24.8% 68% 44.5% 58.4%
2019 24.4% 59.1% 40.6% 48%
2018 24.5% 56.4% 39.7% 49.3%
2017 25.2% 53.9% 39.8% 51.4%
2016 25.3% 50.4% 40.9% 52.1%
2015 23.8% 45.8% 44.1% 51.6%
2014 23.4% 41.3% 42% 53.4%
2013 23.2% 39.8% 41.1% 54.6%
2012 22.1% 37.6% 40% 51.7%
2011 20.1% 35.7% 40.8% 43.3%
2010 21.5% 36.7% 41% 40.7%
2009 20.3% 36% 43.2% 36.4%
2008 18.9% 34.3% 36.5% 28.6%
2007 18.1% 34.2% 35.9% 30.4%
2006 17.3% 37.1% 38.2% 31.5%
2005 16.2% 37.4% 39.1% 35%
2004 15.4% 40.8% 38.4% 42%
2003 16% 43.8% 40% 43.6%
2002 15.7% 42% 46% 45.6%
2001 14.9% 41.3% 46.2% 51.4%
2000 14.1% 43.1% 53.2% 50.6%
1999 13.7% 38.4% 48.4% 47.1%
1998 15.3% 38.5% 46.2% 33.9%
1997 15.6% 36% 48.6% 32.8%
1996 15.2% 40.5% 52.8% 30.3%
1995 17.3% 52.1% 47.8% 21.3%
1994 18.8% 57% - -
1993 18.9% 61.6% - -
1992 17.6% 41.2% - -
1991 16.4% 43% - -
1990 17.2% 37.6% - -
1989 16.3% 33.4% - -
1988 15.9% 33.9% - -
1987 15.5% 36.3% - -
1986 15.3% 31.3% - -
1985 15.6% 28.8% - -
1984 14.9% 25.6% - -
1983 14.6% 26.1% - -
1982 16.2% 26.9% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1997, retrieved 2026-07-08).

GeoRank.org/economy/kenya/slovakia | CC BY

In 2025, Kenya's government spending was $32.6B, accounting for 24% of its GDP, while Slovakia spent $75.3B, or 48.7% of GDP.

Debt-to-GDP ratio is 69.3% in Kenya and 61.6% in Slovakia, ranking 59/185 and 74/185, respectively.

Government deficit by year

Deficit/surplus
Kenya

Slovakia
1x
Year Deficit/surplus, % of GDP
Kenya Slovakia
2025 -6.41% -5.02%
2024 -5.74% -5.5%
2023 -5.61% -5.3%
2022 -6.01% -1.56%
2021 -7.2% -5.09%
2020 -8.13% -5.3%
2019 -7.4% -1.21%
2018 -6.91% -1.01%
2017 -7.37% -0.98%
2016 -7.45% -2.59%
2015 -6.68% -2.78%
2014 -5.75% -3.25%
2013 -5.25% -2.86%
2012 -5.29% -4.37%
2011 -3.64% -4.36%
2010 -3.67% -7.44%
2009 -3.12% -8.18%
2008 -1.95% -2.54%
2007 -0.95% -2.26%
2006 -0.43% -3.57%
2005 -0.19% -2.86%
2004 0.5% -2.36%
2003 -0.73% -2.28%
2002 -1.29% -8.35%
2001 -0.53% -7.74%
2000 0.38% -12.7%
1999 0.84% -7.25%
1998 -0.03% -5.37%
1997 -0.91% -6.24%
1996 -0.49% -9.72%
1995 -0.23% -3.43%
1994 -4.14% -
1993 -8.57% -
1992 -8.28% -
1991 -6.56% -
1990 -3.28% -
1989 -2.39% -
1988 -1.97% -
1987 -2.27% -
1986 -2.98% -
1985 -3.05% -
1984 -2.55% -
1983 -2.17% -
1982 -3.07% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-07-08).

GeoRank.org/economy/kenya/slovakia | CC BY

In 2025, Kenya's government deficit, the difference between spending and revenue, was $8.72B, equivalent to 6.41% of GDP. This compares to Slovakia's deficit of $7.75B, or 5.02% of GDP.

Over the past 31 years, Kenya recorded a fiscal deficit in 28 of those years, while Slovakia ran a deficit in 31 years. On average, Kenya posted an annual deficit equal to 3.47% of GDP, compared to deficit of 4.63% of GDP for Slovakia.

Inflation comparison by year

Inflation
Kenya

Slovakia
1x
Year Consumer prices inflation
Kenya Slovakia
2025 4.07% 4%
2024 4.49% 2.76%
2023 7.67% 10.5%
2022 7.66% 12.8%
2021 6.11% 3.15%
2020 5.41% 1.94%
2019 5.24% 2.66%
2018 4.69% 2.51%
2017 8.01% 1.31%
2016 6.3% -0.52%
2015 6.58% -0.33%
2014 6.88% -0.08%
2013 5.72% 1.4%
2012 9.38% 3.61%
2011 14% 3.92%
2010 3.96% 0.96%
2009 9.23% 1.62%
2008 26.2% 4.6%
2007 9.76% 2.76%
2006 14.5% 4.48%
2005 10.3% 2.71%
2004 11.6% 7.55%
2003 9.82% 8.55%
2002 1.96% 3.13%
2001 5.74% 7.33%
2000 9.98% 12%
1999 5.74% 10.6%
1998 6.72% 6.67%
1997 11.4% 6.14%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/kenya/slovakia | CC BY

Over the past 29 years, Kenya has recorded an average annual inflation rate of 8.25%, compared with 4.44% in Slovakia. In 2025, inflation was 4.07% in Kenya and 4% in Slovakia.

Top exports between countries

Kenya
Export category Export value
Raw agricultural goods $366K
Machinery & equipment $18K
Precious metals & jewellery $14K
Slovakia
Export category Export value
Machinery & equipment $3.67M
Raw materials & minerals $1.6M
Chemicals & pharma $871K
Textiles & consumer goods $130K
Weapons & explosives $88K
Processed food, beverages & tobacco $29K
Wood & paper products $23K
Metals $16K
Miscellaneous $8K
Animal & marine products $1K

Balance of trade

Kenya Slovakia
Current account balance
-$1.55B
2024
-$5.6B
2025
Current account balance ranking
130/190
2024
165/190
2025
Current account balance, % of GDP
-1.29%
2024
-3.63%
2025
Goods imports
$22.2B
2024
$117B
2025
Goods exports
$12.5B
2024
$117B
2025
Service imports
$5.64B
2024
$14.3B
2025
Service exports
$8.04B
2024
$14.7B
2025
Imports of goods and services, % of GDP
21.8%
2025
85.2%
2025
Exports of goods and services, % of GDP
15.8%
2025
85.1%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Kenya Slovakia
Economic freedom 55.5 67.7
Economic freedom ranking 128/197 54/197
Property rights 40.2 82.6
Government integrity 32.7 57.2
Judicial effectiveness 47 70.5
Tax burden 76.3 75.4
Government spending 84.1 36.4
Fiscal health 36.2 69.6
Business freedom 61.5 71.1
Labor freedom 56.5 55.1
Monetary freedom 75.1 69.7
Trade freedom 52 79.4
Investment freedom 55 75
Financial freedom 50 70

Economic freedom comparison by year

Kenya
Slovakia
1x
Year Economic freedom index
Kenya Slovakia
2026 55.5 67.7
2025 54.8 68.4
2024 53.6 68.1
2023 52.5 69
2022 52.6 69.7
2021 54.9 66.3
2020 55.3 66.8
2019 55.1 65
2018 54.7 65.3
2017 53.5 65.7
2016 57.5 66.6
2015 55.6 67.2
2014 57.1 66.4
2013 55.9 68.7
2012 57.5 67
2011 57.4 69.5
2010 57.5 69.7
2009 58.7 69.4
2008 59.3 70
2007 59.6 69.6
2006 59.7 69.8
2005 57.9 66.8
2004 57.7 64.6
2003 58.6 59
2002 58.2 59.8
2001 57.6 58.5
2000 59.7 53.8
1999 58.2 54.2
1998 58.4 57.5
1997 60.1 55.5
1996 56.4 57.6
1995 54.5 60.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/kenya/slovakia | CC BY

The Economic Freedom Index for Kenya is 55.5, ranking 128/197, compared to 67.7 for Slovakia, ranking 54/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Kenya Slovakia
Services, % of GDP
55.1%
2025
59.8%
2025
Industry, % of GDP
16.3%
2025
28.1%
2025
Agriculture, forestry, and fishing, % of GDP
23.2%
2025
1.59%
2025
GNI, Atlas method
$127B
2025
$143B
2025
GNI per capita, PPP
$6,910
2025
$47,920
2025
Total reserves including gold
$12.4B
2025
$18.2B
2025
Total reserves ranking
76/177
2025
69/177
2025
Net foreign direct investment
-$45.8M
2024
-$198M
2025
Net inflows of foreign direct investment
$463M
2024
$5.01B
2024
Net outflows of foreign direct investment
$418M
2024
$2.24B
2024
Servicing debt to the IMF, % of GNI
4.82%
2024
n/a
Poverty at national poverty lines
39.8%
2022
13.7%
2021
Gross capital formation, % of GDP
17%
2025
20.1%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/kenya/slovakia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1982–1997, retrieved 2026-07-08)
  6. TradeMap (2020–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.