Despite being one of East Africa’s economic leaders, Kenya’s military expenditure remains persistently low, with the country’s defence budget witnessing a negative compound annual growth rate (CAGR) of 0.5% from 2019 to 2023, according to GlobalData analysis.
Kenya’s defence spending amounted to $1.14bn in 2019, which decreased to $1.12bn by 2023, despite the country’s military requirements appearing to point towards a need to increase expenditure to meet the challenges posed by the Al Shabaab movement in neighbouring Somalia and other internal threats, as well as participation in internal peacekeeping missions.
Defence spending was forecast to increase slightly from 2023-2028, rising at a CAGR of 1.4% to reach $1.19bn.
According to GlobalData, Kenya’s small defence budget “will act as an obstacle to foreign investors” and with the budget not forecast to increase significantly in the coming years, defence companies are likely to persist with such sentiments in the near term.
Earning potential of UN peacekeeping participation
Kenya earns considerable sums from its military’s participation in UN peacekeeping missions, first joining the UN Iran–Iraq Military Observer Group (UNIIMOG) from 1988-1990.
According to Kenya’s Ministry of Defence, since then the country’s military has deployed troop contingents to the UN Transition Assistant Group in Namibia, the UN Protection Force in Croatia, the two UN missions in Liberia (UNOMIL and UNMIL), the UN Mission in Sierra Leone, the UN Interim Force in Lebanon, the UN Multidimensional Integrated Stabilization Mission in Mali, the UN Organization Stabilization Mission in the Democratic Republic of the Congo, the UN–African Union Mission in Darfur, and the UN Mission in South Sudan.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataUnited Nations figures from 2019 indicate that countries volunteering uniformed personnel to peacekeeping operations are reimbursed by the UN at a standard rate, approved by the General Assembly, of $1,428 per soldier per month.
Our signals coverage is powered by GlobalData’s Thematic Engine, which tags millions of data items across six alternative datasets — patents, jobs, deals, company filings, social media mentions and news — to themes, sectors and companies. These signals enhance our predictive capabilities, helping us to identify the most disruptive threats across each of the sectors we cover and the companies best placed to succeed.