Population in Kenya

Kenya Population | Economic News & Forecasts

Kenya - Population

Recent data signals that the economy remains on course for a solid third quarter following the second quarter’s likely stronger performance. Business conditions improved in August as reflected by the latest PMI reading, which climbed further above the critical threshold separating expansion from contraction in private-sector activity. Economic growth has been buoyed by rising confidence following the end of a protracted election cycle, along with buoyant exports and rising remittances. On 30 August, Kenya’s parliament voted to maintain the long-standing interest rate cap on commercial bank lending rates. Since coming into effect in September 2016, the cap has significantly curbed private credit growth. Parliament’s decision rejected a bid by the Treasury to scrap or modify the policy, as well as defying calls from the IMF to do so, thus failing to qualifying for a new standby arrangement. The Treasury confirmed that it would allow the existing USD 1.5 billion IMF standby credit facility to expire. Removal of the balance of payments’ support is seen increasing the economy’s vulnerability to external shocks.

Kenya - Population Data

2013  2014  2015  2016  2017  
Population (million)41.8  43.0  44.2  45.5  46.7  

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Kenya Facts

Bond Yield12.570.0 %Sep 20
Exchange Rate100.80.05 %Sep 20
Stock Market0.10.0 %Sep 20

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