Underlying picture less positive than headline reading: GDP growth improved to 0.7% on a seasonally adjusted quarter on quarter basis...
Economic Growth in Kenya
The Kenyan economy recorded an average growth rate of 4.5% in the decade to 2022, higher than the 3.0% average for Sub-Saharan Africa. In 2022, real GDP growth was 4.8%. For more GDP information, visit our dedicated page.
Kenya GDP Chart
Note: This chart displays Economic Growth (GDP, annual variation in %) for Kenya from 2024 to 2023.
Source: Macrobond.
Kenya GDP Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Economic Growth (Real GDP, ann. var. %) | -0.3 | 7.6 | 4.9 | 5.7 | 4.7 |
| GDP (USD bn) | 100.6 | 109.7 | 114.4 | 107.4 | 120.2 |
| GDP (KES bn) | 10,715 | 12,028 | 13,490 | 15,034 | 16,224 |
| Economic Growth (Nominal GDP, ann. var. %) | 4.7 | 12.2 | 12.2 | 11.4 | 7.9 |
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Kenyan GDP projections for the next ten years from a panel of 17 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 GDP forecast available for Kenyan GDP.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Kenyan GDP projections.
Want to get access to the full dataset of Kenyan GDP forecasts? Send an email to info@focus-economics.com.
Latest Global GDP News
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United Kingdom: GDP growth records best result since Q1 2024 in the first quarter -
Bulgaria: GDP growth edges down in the first quarter but remains robust by regional standards GDP reading: According to a preliminary reading, GDP growth waned to 3.1% year on year in the first quarter from... -
Colombia: Economy expands at the fastest pace in over two years in Q1 Faster-than-expected expansion remains below trend: The economy started the year with a spring in its step, with GDP growth accelerating... -
Kazakhstan: Economy posts best first-quarter reading in over a decade in Q1 GDP growth flies past trend: The economy rallied at the outset of 2025, expanding 5.6% in the first quarter and... -
Hong Kong: Economy records fastest growth since Q4 2023 in the first quarter GDP reading: GDP growth sped up to 3.1% year on year in the first quarter from 2.5% in the fourth... -
Portugal: Growth eludes the Portuguese economy in Q1 Portugal’s economy switches to be the Euro area’s worst performer: According to a preliminary reading, the economy lost its footing... -
Canada: Economic activity drops in February GDP reading: GDP slid 0.2% in month-on-month seasonally adjusted terms in February, which contrasted January’s 0.4% increase. February’s figure was...