This table provides metadata for the actual indicator available from Kenya statistics closest to the corresponding global SDG indicator. Please note that even when the global SDG indicator is fully available from Kenyan statistics, this table should be consulted for information on national methodology and other Kenyan-specific metadata information.
Indicator information |
Volume of remittances (in United States dollars) as a proportion of total GDP |
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Goal |
Goal 17: Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development |
Target |
Goal 17.3: Mobilize additional financial resources for developing countries from multiple sources |
Indicator |
17.3.2: Volume of remittances (in United States dollars) as a proportion of total GDP |
Metadata update |
2023 |
Data reporter |
Kenya National Bureau of Statistics |
Organisation |
Kenya National Bureau of Statistics |
Contact person(s) |
Director Macroeconomics Statistics |
Contact organisation unit |
Directorate of Macroeconomics Statistics |
Contact person function |
Production and Dissemination of Macroeconomics Statistics |
Contact phone |
+254-202-911-000 |
Contact mail |
30266-00100, Nairobi- Kenya |
Contact email |
macro@knbs.or.ke |
Definition, concepts, and classifications |
DEFINITION, CONCEPTS, AND CLASSIFICATIONS |
Definition and concepts |
Definition: Personal remittances received as proportion of GDP is the inflow of personal remittances expressed as a percentage of Gross Domestic Product (GDP). Concepts: Personal remittances comprise of personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from non-resident households. Personal transfers thus include all current transfers between resident and non-resident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by non-resident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. The concepts used are in line with the Sixth Edition of the IMF's Balance of Payments and International Investment Position Manual (BPM6). |
Unit of measure |
Percent (%) of GDP |
Classifications |
BPM6 |
Data source type and collection method |
DATA SOURCE, TYPE AND DATA COLLECTION METHOD |
Data sources |
GDP data collection is conducted from national and international sources through an annual survey of economists |
Data collection method |
Administrative Data from Central Bank of Kenya |
Data collection calendar |
Annual Economic Survey, Quarterly and Annual BOP reports |
Data release calendar |
End of April of every year for Economic Survey. Quarterly and Annual reports each year |
Data providers |
Central Bank |
Data compilers |
Kenya National Bureau of Statistics |
Institutional mandate |
According to the Statistics Act of 2006, Kenya National Bureau of Statistics is mandated to collect, compile, analyze, publish and disseminate official statistics for public use |
Rationale |
The BOP statistics summarises transactions in goods, services, primary and secondary income, capital account and financial items between an economy and the rest of world. These statistics assists an economy in assessing its ability to meet its external financial needs.. |
Comment and limitations |
No major issue in terms of the feasibility and suitability in reporting the indicator. |
Method of computation |
Personal remittances are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. World Bank staff estimates on the volume of personal remittances data are used for gap-filling purposes. GDP data, sourced from the World Bank’s World Development Indicators (WDI) database, are then used to express the indicator as a percentage of GDP. |
Validation |
Statistics produced undergoes a rigorous process of peer review from our partners who include Central Bank of Kenya and other stakeholders |
Methods and guidance available to countries for the compilation of the data at the national level |
It follows BPM6 guidelines |
Quality management |
The Bureau is ISO certified and also carries out its own internal audit that ensures that high quality statistics are produced |
Quality assurance |
The Bureau adheres to KeSQAF that ensures that statistics produced meets the needs of the users |
Quality assessment |
The Bureau has a quality management system in place that ensures that data produced meets the set standards |
Data availability and disaggregation |
Data availability: Data is currently available on a regular basis for this indicator. Disaggregation: None |
Comparability/deviation from international standards |
Sources of discrepancies: |
References and Documentation |
URL: www.worldbank.org References: Data are compiled in accordance with the sixth edition of the Balance of Payments and International Investment Position Manual (BPM6). The manual is available at: https://www.imf.org/external/pubs/ft/bop/2007/bopman6.htm GDP data are compiled in accordance to the System of National Accounts, 2008 (2008 SNA) methodology. The manual is available at: http://unstats.un.org/unsd/nationalaccount/docs/SNA2008.pdf. Metadata also available at: http://databank.worldbank.org/data/reports.aspx?source=2&type=metadata&series=BX.TRF.PWKR.DT.GD.ZS |
Metadata last updated | Aug 28, 2025 |