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.

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.

In 2024, the growth of the real gross domestic product (GDP) in Kenya was estimated at about 4.51 percent. Between 1980 and 2024, the figure dropped by approximately 1.06 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the growth will rise by around 0.52 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

Key information about Kenya Real GDP Growth

• The Gross Domestic Product (GDP) in Kenya expanded 5.2 % YoY in Sep 2022, following a growth of 5.3 % in the previous quarter.
• Real GDP Growth YoY data in Kenya is updated quarterly, available from Mar 2010 to Sep 2022, with an average rate of 5.4 %.
• The data reached an all-time high of 13.6 % in Mar 2011 and a record low of -4.1 % in Jun 2020.

CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. The Kenya National Bureau of Statistics provides Real GDP in local currency, at 2016 prices. Real GDP Growth prior to Q1 2017 is calculated from Real GDP at 2009 prices.


Related information about Kenya Real GDP Growth

• In the latest reports, Nominal GDP of Kenya reached 26.9 USD bn in Sep 2022.
• Its GDP deflator (implicit price deflator) increased 4.0 % in Sep 2022.
• GDP Per Capita in Kenya reached 2,236.0 USD in Dec 2021.
• Its Gross Savings Rate was measured at 13.3 % in Dec 2021.
• For Nominal GDP contributions, Investment accounted for 20.3 % in Dec 2021.
• Public Consumption accounted for 12.1 % in Dec 2021.
• Private Consumption accounted for 74.6 % in Dec 2021.

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.

The latest data from show economic growth of 4.9 percent, which is a decrease from the rate of growth of 5.1 percent in the previous quarter and
no change compared to the growth rate of 4.9 percent in the same quarter last year. The economic growth time series for Kenya cover the period from...

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.

Kenya KE: GDP: Growth: Gross Fixed Capital Formation data was reported at 6.289 % in 2017. This records an increase from the previous number of -9.362 % for 2016. Kenya KE: GDP: Growth: Gross Fixed Capital Formation data is updated yearly, averaging 5.554 % from Dec 1980 (Median) to 2017, with 38 observations. The data reached an all-time high of 31.747 % in 2006 and a record low of -20.174 % in 1982. Kenya KE: GDP: Growth: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kenya – Table KE.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Kenya KE: GDP: Growth data was reported at 4.885 % in 2017. This records a decrease from the previous number of 5.869 % for 2016. Kenya KE: GDP: Growth data is updated yearly, averaging 4.563 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 22.174 % in 1971 and a record low of -7.775 % in 1961. Kenya KE: GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kenya – Table KE.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

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.

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.

Kenya: Economic growth forecast: The latest value from 2030 is 5.03 percent, an increase from 5.01 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Kenya from 1980 to 2030 is 3.99 percent. The minimum value, -1.08 percent, was reached in 1992 while the maximum of 8.06 percent was recorded in 2010.

Key information about Kenya Nominal GDP Growth

• Kenya Nominal GDP Growth was reported at 8.271 % in Sep 2024.
• This records an increase from the previous number of 6.936 % for Jun 2024.
• Kenya Nominal GDP Growth data is updated quarterly, averaging 12.706 % from Mar 2010 to Sep 2024, with 59 observations.
• The data reached an all-time high of 27.255 % in Dec 2016 and a record low of -1.007 % in Sep 2020.
• Kenya Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The Kenya National Bureau of Statistics provides Nominal GDP in local currency.

Economic growth, quarterly in Kenya, March, 2025 The most recent value is 0.8 percent as of Q1 2025, a decline compared to the previous value of 1.7 percent. Historically, the average for Kenya from Q2 2000 to Q1 2025 is 1.15 percent. The minimum of -6.2 percent was recorded in Q2 2020, while the maximum of 5.2 percent was reached in Q4 2020. | TheGlobalEconomy.com

Kenya: Economic growth: the rate of change of GDP: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for Kenya from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

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.

The gross domestic product (GDP) in current prices in Kenya was estimated at about 120.90 billion U.S. dollars in 2024. From 1980 to 2024, the GDP rose by approximately 107.45 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the GDP will rise by around 40.86 billion U.S. dollars, showing an overall upward trend with periodic ups and downs.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

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.

Kenya KE: GDP: Growth: Gross Value Added: Agriculture data was reported at 1.609 % in 2017. This records a decrease from the previous number of 4.702 % for 2016. Kenya KE: GDP: Growth: Gross Value Added: Agriculture data is updated yearly, averaging 3.779 % from Dec 1965 (Median) to 2017, with 53 observations. The data reached an all-time high of 23.029 % in 1966 and a record low of -10.073 % in 1965. Kenya KE: GDP: Growth: Gross Value Added: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kenya – Table KE.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for agricultural value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

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.