Domestic Demand in Kenya
The economy of Kenya recorded an average growth rate of 4.4% in the decade to 2022. In 2022, the domestic demand growth was 2.9%.
Kenya Demand Chart
Kenya Demand Data
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Domestic Demand (ann. var. %) | 5.4 | -0.5 | 9.3 | 2.1 | 3.2 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Kenyan demand projections for the next ten years from a panel of 3 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable demand forecast available for Kenyan demand.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Kenyan demand projections.
Want to get access to the full dataset of Kenyan demand forecasts? Send an email to info@focus-economics.com.