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Analysis by Region - Emerging Markets - Kenya

Publisher Oxford Economics
Published Mar 12, 2026
Length 7 Pages
SKU # OFE21077198

Description

While Kenya may be geographically distant from the war in the Middle East, it is not immune to its economic tremors. The US–Israel conflict with Iran has already caused Brent crude prices to spike and has disrupted global supply chains, which will lead to higher domestic pump prices and increased shipping costs. Remittances from Gulf countries, which account for 8.4% of Kenya’s total inflows, could also come under pressure. For now, our baseline assumes that the war's impact will be notable but short-lived.

Table of Contents

7 Pages
Kenya: Distant war, local setback
Forecast overview
Recent developments
Short
term outlook
Key drivers of our short
term forecast
Economic risk
Economic risk evaluation
Long
term prospects
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics

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