Key information about Kenya Monthly Earnings

• Kenya Monthly Earnings stood at 590 USD in Jun 2023, compared with the previous figure of 639 USD in Jun 2022
• Kenya Monthly Earnings data is updated yearly, available from Jun 1997 to Jun 2023, with an average number of 420 USD
• The data reached the an all-time high of 651 USD in Jun 2020 and a record low of 157 USD in Jun 1997

CEIC calculates Monthly Earnings from annual Average Wage Earnings divided by 12 and converts it into USD. The Kenya National Bureau of Statistics provides Average Wage Earnings in local currency. The Central Bank of Kenya average market exchange rate is used for currency conversions. Monthly Earnings are in annual frequency, ending in June of each year. Monthly Earnings prior to 2008 are based on ISIC Rev. 2.


Further information about Kenya Monthly Earnings

• In the latest reports, Kenya Population reached 49 million people in Dec 2021
• Unemployment Rate of Kenya increased to 3 % in Dec 2020
• The country's Labour Force Participation Rate increased to 74 % in Dec 2023

Kenya Monthly Minimum Wages: Average: USD data was reported at 193.544 USD in 2017. This records an increase from the previous number of 168.507 USD for 2016. Kenya Monthly Minimum Wages: Average: USD data is updated yearly, averaging 144.445 USD from Jun 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 193.544 USD in 2017 and a record low of 92.870 USD in 2005. Kenya Monthly Minimum Wages: Average: USD data remains active status in CEIC and is reported by Kenya National Bureau of Statistics. The data is categorized under Global Database’s Kenya – Table KE.G008: Monthly Minimum Wages. CEIC converts monthly Minimum Wage into USD. The Kenya National Bureau of Statistics provides monthly Minimum Wage in local currency for Nairobi, Mombasa and Kisumu. The Central Bank of Kenya average market exchange rate is used for currency conversions. Minimum Wage is in annual frequency - ending June of each year.

The national gross income per capita in Kenya decreased by 60 U.S. dollars (-2.76 percent) compared to the previous year. Nevertheless, the last two years recorded a significantly higher national gross income than the preceding years.Gross national income (GNI) per capita is the total value of money received by a country, from both domestic or foreign sources, divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which implements a price adjusted, three year moving average, smoothing out fluctuations in exchange rates.Find more key insights for the national gross income per capita in countries like Tanzania and Mozambique.

Kenya: Personal income per capita, U.S. dollars: The latest value from is U.S. dollars, unavailable from U.S. dollars in . In comparison, the world average is 0 U.S. dollars, based on data from countries. Historically, the average for Kenya from to is U.S. dollars. The minimum value, U.S. dollars, was reached in while the maximum of U.S. dollars was recorded in .

The national gross income per capita in Mozambique increased by 40 U.S. dollars (+8.16 percent) in 2023 in comparison to the previous year. In total, the national gross income amounted to 530 U.S. dollars in 2023. Gross national income (GNI) per capita is the total value of money received by a country, from both domestic or foreign sources, divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which implements a price adjusted, three year moving average, smoothing out fluctuations in exchange rates.Find more key insights for the national gross income per capita in countries like Tanzania and Kenya.

The national gross income per capita in Tanzania saw no significant changes in 2023 in comparison to the previous year 2022 and remained at around 1,210 U.S. dollars. Still, the national gross income reached its highest value in the observed period in 2023. Gross national income (GNI) per capita is the total amount of money received by a country (regardless of whether it originates in the country or abroad) divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which uses a price adjusted, three year moving average, which smooths out exchange rate fluctuations.Find more key insights for the national gross income per capita in countries like Kenya and Mozambique.

In 2024, 7.8 percent of Kenya’s population lived below 2.15 U.S. dollars per day. This meant that over 8.9 million Kenyans were in extreme poverty, most of whom were in rural areas. Over 7.8 million Kenyans in rural communities lived on less than 1.90 U.S. dollars daily, an amount 6.5 times higher than that recorded in urban regions. Nevertheless, the poverty incidence has declined compared to 2020. That year, businesses closed, unemployment increased, and food prices soared due to the coronavirus (COVID-19) pandemic. Consequently, the country witnessed higher levels of impoverishment, although improvements were already visible in 2021. Overall, the poverty rate in Kenya is expected to decline to 14 percent by 2025.

Poverty triggers food insecurity

Reducing poverty in Kenya puts the country on the way to enhancing food security. As of November 2021, 7.9 million Kenyans lacked sufficient food for consumption. That corresponded to 15.4 percent of the country's population. Also, in 2021, over one-quarter of Kenyan children under five years suffered from chronic malnutrition, a growth failure resulting from a lack of adequate nutrients over a long period. Another 4.2 percent of the children were affected by acute malnutrition, which concerns a rapid deterioration in the nutritional status over a short period.

A country where prosperity and poverty walk side by side

The poverty incidence in Kenya contrasts with the country's economic development. In 2021, Kenya ranked among the ten highest GDPs in Africa, at almost 116 billion U.S. dollars. Moreover, its gross national income per capita has increased to 2,170 U.S. dollars over the last 10 years, a growth of above 100 percent. Generally, while poverty decreased in the country during the same period, Kenya still seems to be far from reaching the United Nation's Sustainable Development Goals (SDGs) to eliminate extreme poverty by 2030.

Kenias Monatliches Einkommen belief sich im 2023 auf 590 US Dollar. Dies stellt einen Rückgang im Vergleich zu den vorherigen Zahlen von 639 US Dollar für 2022 dar. Kenias Monatliches Einkommen werden jährlich aktualisiert, mit einem Durchschnitt von 420 US Dollar von 1997 bis 2023, mit 27 Beobachtungen. Die Daten erreichten ein Allzeithoch in Höhe von 651 US Dollar im 2020 und ein Rekordtief in Höhe von 157 US Dollar im 1997. Kenias Monatliches Einkommen Daten behalten den Aktiv-Status in CEIC und werden von CEIC Data gemeldet. Die Daten werden unter World Trend Pluss Global Economic Monitor – Table: Monthly Earnings: USD: Annual kategorisiert.

As of July 2024, The government tax year in the fiscal year 2024/2025 reached 155.6 billion Kenyan shillings (roughly 1.2 billion U.S. dollars). In the fiscal year 2023/2024, the government tax revenue in Kenya accumulated roughly 2.1 trillion Kenyan shillings (around 16.34 billion U.S. dollars) by the end of June. According to the source, the tax revenue includes import duty, excise duty, income tax (including PAYE), and value-added tax (VAT).

This dataset provides values for GDP PER CAPITA reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Seychelles had the largest Gross Domestic Product (GDP) per capita in Africa as of 2024. The value amounted to 21.87 thousand U.S. dollars. Mauritius followed with around 13 thousand U.S. dollars, whereas Gabon registered 9.31 thousand U.S. dollars. GDP per capita is calculated by dividing a country’s GDP by its population, meaning that some of the largest economies are not ranked within the leading ten. Impact of COVID-19 on North Africa’s GDP When looking at the GDP growth rate in Africa in 2024, Libya had the largest estimated growth in Northern Africa, a value of 7.8 percent compared to the previous year. Niger and Senegal were at the top of the list with rates of 10.4 percent and 8.3 percent, respectively. During the COVID-19 pandemic, the impact on the economy was severe. The growth of the North African real GDP was estimated at minus 1.1 percent in 2020. However, estimations for 2022 looked much brighter, as it was set that the region would see a GDP growth of six percent, compared to four percent in 2021.
Contribution of Tourism Various countries in Africa are dependent on tourism, contributing to the economy. In 2023, travel and tourism were estimated to contribute 182.6 billion U.S. dollars, a clear increase from 96.5 in 2020 following COVID-19. As of 2024, South Africa, Mauritius, and Egypt led tourism in the continent according to the Travel & Tourism Development Index.