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The US Dollar (USD) remains the dominant currency in Kenya’s external public debt portfolio, accounting for 67 per cent of the total debt.

The Euro (EUR) follows at 22.5 per cent, while the Yuan (4.8 per cent), Yen (3.4 per cent), and British Pound (2.1 per cent) make up smaller portions.

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Other currencies collectively account for 0.2% of the debt.

This distribution highlights Kenya’s heavy reliance on USD-denominated loans, which exposes the country to exchange rate fluctuations. The figures are drawn from the Manufacturing Priority Agenda 2025 report by the Kenya Association of Manufacturers.