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 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 Welfare & population What is the unemployment rate in Kenya? Source World Bank: Unemployment, total (% of total labour force) (modelled ILO estimate) - Kenya Short answer What is the unemployment rate in Kenya? Kenya's unemployment rate was 5.5% in 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? The country's GDP per capita (nominal gross domestic product divided by the mid-year population) was $2,099.3 in 2022. ... Back Full answer
#YouAsked Economy Did the Kenyan economy grow over the pandemic period? Source World Bank: Kenya’s Economy is Showing Resilience as Output Rises Above Pre-Pandemic Levels Driven by a Rebound in the Services Sector Short answer Did the Kenyan economy grow over the pandemic period? Kenya's economy has demonstrated resilience to the Covid-19 shock, with output in the first half of 2021 rising above pre-pandemic levels. In 2021 as a whole, gross domestic product (GDP) grew by 5%, one of the faster recoveries among Sub-Saharan African countries. ... Back Full answer