2020 Foreign Investment Survey (FIS)

Abstract

The outstanding stock of foreign liabilities rose from KSh 1,647,355 million in 2018 to KSh 1,777,495 million in 2019. Foreign Direct Investment (FDI) accounted for the largest share of the stock of foreign liabilities at 52.9 per cent in 2018 and 2019. The stock of FDI rose from KSh 870,822 million in 2018 to KSh 940,899 million in 2019 on account of increases in both equity and retained earnings. FDI related debt, however declined by 5.6 per cent over the period. The stock of Other Investment rose from KSh 669,550 million in 2018 to KSh 723,485 million in 2019, mainly on account of a 34.9 per cent increase in Currency and deposits. On the contrary, the stock of Portfolio Investments reduced from KSh 97,003 million in 2018 to KSh 95,919 million in 2019.