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The Gross Domestic Product (GDP) in Kenya expanded 4.90 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - Kenya GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Kenya's Gross Domestic Product (GDP) increased by 5.9 percent in the third quarter of 2023, compared to a 4.3 percent growth in the same quarter of 2022. The country's economy has been showing signs of recovery since the easing of containment measures implemented to curb the spread of the coronavirus (COVID-19). According to the source, improved performances in sectors such as agriculture boosted the GDP development.
By 2022, Kenya’s Gross Domestic Product is forecast to increase by 4.7 percent. According to the source’s estimates, the country recorded economic growth of five percent in 2021, recovering from a 0.3 percent contraction in 2020, as an effect of the coronavirus pandemic. The rebound has been attributed to household income and job growth, as well as to the COVID-19 vaccination campaign. Roughly 30 percent of the adult population has been fully vaccinated against the disease in Kenya so far.
Recovery through key sectors
The strongest impact of the coronavirus crisis on the Kenyan economy was felt in the second quarter of 2020. By then, the country’s GDP decreased by 5.5 percent, the first negative growth in recent years. As of the third quarter of 2021, Kenya already registered an improved economic performance, with the quarterly GDP growth rate measured at 9.9 percent. The educational sector pushed the result, with an expansion of 65 percent. Mining and quarrying, and accommodation and food services followed, each with a 25 percent growth rate.
An optimistic economic forecast in East Africa
East Africa's economic growth might reach nearly five percent in 2022, according to estimates. This would represent a strong recovery from 2020, when the region’s economy expanded by only 0.4 percent, due to the COVID-19 pandemic. Cumulatively, more than 1.34 million people in East Africa have been infected by the disease. Although most of the countries in the region have already launched a vaccination campaign, the number of vaccine doses administered per 100 people is still low.
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The Gross Domestic Product (GDP) in Kenya expanded 0.80 percent in the first quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - Kenya GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Full Year GDP Growth in Kenya decreased to 4.70 percent in 2024 from 5.70 percent in 2023. This dataset includes a chart with historical data for Kenya Full Year Gdp Growth.
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Kenya: Economic growth: the rate of change of real GDP: The latest value from 2024 is 4.5 percent, a decline from 5.56 percent in 2023. In comparison, the world average is 3.20 percent, based on data from 177 countries. Historically, the average for Kenya from 1961 to 2024 is 4.63 percent. The minimum value, -7.77 percent, was reached in 1961 while the maximum of 22.17 percent was recorded in 1971.
The value added by education to Kenya's Gross Domestic Product (GDP) grew by *** percent in the third quarter of 2023. This represented an increase compared to the corresponding quarter in 2022, which recorded a *** percent growth.
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The Gross Domestic Product (GDP) in Kenya was worth 124.50 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Kenya represents 0.12 percent of the world economy. This dataset provides - Kenya GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Kenya's Gross Domestic Product (GDP) grew by 4.6 percent in the second quarter of 2024. Among sectors, accommodation and food services had the strongest performance, with quarterly growth of 26.6 percent. Financial and insurance sectors followed, registering a 5.1 percent growth rate. On the other hand, the construction sector had a negative growth rate of -2.9 percent.
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GDP per capita growth (annual %) in Kenya was reported at 2.4709 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Kenya - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
Kenya's manufacturing sector increased by 3.2 percent in the second quarter of 2024. This was an increase to the corresponding quarter of 2023, as the value added by the industry to the Gross Domestic Product (GDP) grew by 1.5 percent. In general, the growth rate of the manufacturing sector in Kenya fluctuated strongly, reaching its lowest value in the second quarter of 2020 with a score of -5.1 percent.
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Key information about Kenya GDP Deflator Growth
East Africa's economic growth might rebound in 2021, according to estimates done in September that year. For 2020, the real Gross Domestic Product (GDP) in the region was estimated to expand by only *** percent, weakened due to the coronavirus (COVID-19) pandemic. Kenya might present the strongest growth among nations in the region, at *** percent, after the country's GDP shrunk by *** percent in 2020. On the other hand, Ethiopia's economy might register a **** percent growth, against an expansion of *** percent in 2020.
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The Gross Domestic Product per capita in Kenya was last recorded at 1853.09 US dollars in 2024. The GDP per Capita in Kenya is equivalent to 15 percent of the world's average. This dataset provides the latest reported value for - Kenya GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Key information about Kenya Labour Productivity Growth
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Kenya KE: Real GDP: Index data was reported at 272.829 2000=100 mn in 2023. This records an increase from the previous number of 258.787 2000=100 mn for 2022. Kenya KE: Real GDP: Index data is updated yearly, averaging 131.657 2000=100 mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 272.829 2000=100 mn in 2023 and a record low of 83.077 2000=100 mn in 1990. Kenya KE: Real GDP: Index data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Kenya – Table KE.OECD.GGI: Governance: Economic Environment and Growth: Non OECD Member: Annual.
GDP deflator of Kenya slumped by 12.21% from 7.0 % in 2022 to 6.1 % in 2023. Since the 15.76% surge in 2020, GDP deflator rocketed by 23.42% in 2023. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
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Kenya KE: GDP: % of Total Value Added: Agriculture data was reported at 21.300 % in 2023. This records an increase from the previous number of 21.170 % for 2022. Kenya KE: GDP: % of Total Value Added: Agriculture data is updated yearly, averaging 22.450 % from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 28.740 % in 1999 and a record low of 16.250 % in 2009. Kenya KE: GDP: % of Total Value Added: Agriculture data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Kenya – Table KE.OECD.GGI: Governance: Economic Environment and Growth: Non OECD Member: Annual.
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Kenya KE: GDP: % of Total Value Added: Services data was reported at 55.470 % in 2023. This records an increase from the previous number of 55.060 % for 2022. Kenya KE: GDP: % of Total Value Added: Services data is updated yearly, averaging 55.750 % from Dec 2006 (Median) to 2023, with 18 observations. The data reached an all-time high of 58.410 % in 2009 and a record low of 50.120 % in 2008. Kenya KE: GDP: % of Total Value Added: Services data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Kenya – Table KE.OECD.GGI: Governance: Economic Environment and Growth: Non OECD Member: Annual.
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Key information about Kenya Foreign Direct Investment: % of GDP
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The Gross Domestic Product (GDP) in Kenya expanded 4.90 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - Kenya GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.