Economy How much debt does Kenya have? Source Central Bank of Kenya, Monthly Economic Indicators –January 2024 Short answer How much debt does Kenya have? The Kenyan central bank reported the total public debt was KSh11.24 trillion as of January 2024. An estimated 55.1% is external debt owed to foreign creditors, including countries and multilateral institutions, and 44.9% is domestic debt owed to banks, pension funds, insurance companies, and individ... Back Full answer
Economy What is Kenya’s economic growth rate? Source World Bank: The Kenya Economic Update (KEU) Short answer What is Kenya’s economic growth rate? Kenya’s economic performance strengthened in 2023 despite continued challenges, with real GDP growth accelerating from 4.8% in 2022 to an estimated 5% in 2023. This is according to the 28th edition of Kenya Economic Update (KEU). ... Back Full answer
Economy Welfare & population What is the unemployment rate in Kenya? Source Kenya National Bureau of Statistics, Quarterly Labour Force Report 2022 (Quarter 4) Short answer What is the unemployment rate in Kenya? The unemployment rate, measured based on the strict definition of not working, seeking work in the last four weeks and available to work, was 4.9% in the fourth quarter of 2022. ... Back Full answer
Economy What is the GDP per capita of Kenya? Source World Bank: GDP per capita (current US$) - Kenya Short answer What is the GDP per capita of Kenya? Kenya Gross Domestic Product (GDP) per Capita reached US$ 2,099.3 in December 2022. ... Back Full answer
Economy Which three countries in Africa have the least debt? Source Regional Economic Outlook IMF Sub-Saharan Africa: A New Shock and Little Room to Maneuver Short answer Which three countries in Africa have the least debt? According to the International Monetary Fund, The Democratic Republic of Congo (11% of its GDP), Botswana (21% of its GDP), and Equatorial Guinea (26%) have the least debt. ... Back Full answer
Economy Which West African country receives the most foreign direct investment? Source UNCTAD: World Investment Report 2023 Short answer Which West African country receives the most foreign direct investment? Senegal was West Africa's largest recipient of foreign direct investment (FDI) in 2022 with $2.6 billion. Nigeria, previously West Africa's largest recipient, saw FDI flows turn negative to -$187 million in 2022 as a result of equity divestments. ... Back Full answer
#YouAsked Economy What countries have the largest economies in Africa? Source IMF: World Economic Outlook (2023) Short answer What countries have the largest economies in Africa? Nigeria and Egypt lead the way as Africa's biggest economies, each with a GDP of $477 billion, followed by South Africa with a GDP of $406 billion in 2022. ... Back Full answer
Economy Which are the three countries in Africa that are the most indebted? Source International Monetary Fund - Regional Economic Outlook: Sub-Saharan Africa: The Big Funding Squeeze Short answer Which are the three countries in Africa that are the most indebted? Eritrea (146% of its GDP), Cabo Verde (120% of its GDP), Mozambique and Zimbabwe (both 102% of their GDP) have the highest debt, according to the International Monetary Fund. ... Back Full answer
#YouAsked Economy Which is Africa’s fastest-growing economy? Source African Economic Outlook 2023 Short answer Which is Africa’s fastest-growing economy? Benin, Côte d’Ivoire, Ethiopia, Rwanda, and Tanzania are among the world’s 10 fastest-growing economies in 2023-24. ... Back Full answer