Economy What is Kenya’s economic growth rate? Source African Economic Outlook (AEO) 2022 Short answer What is Kenya’s economic growth rate? The Kenyan economy grew by 6.7% in 2021 after 0.3% contraction in 2020. Growth was driven by services on the supply side and by private consumption on the demand side, both benefiting from supportive policies and eased Covid-19 restrictions. ... Back Full answer
Economy What is Kenya’s GDP per capita? Source World Bank: GDP per capita (current US$) - Kenya Short answer What is Kenya’s GDP per capita? The country's GDP per capita (nominal gross domestic product divided by the mid-year population) was US$2,006.8 in 2021. ... Back Full answer
#YouAsked Economy Did the Kenyan economy grow over the pandemic period? Source World Bank: Kenya’s Economy is Showing Resilience as Output Rises Above Pre-Pandemic Levels Driven by a Rebound in the Services Sector Short answer Did the Kenyan economy grow over the pandemic period? Kenya's economy has demonstrated resilience to the Covid-19 shock, with output in the first half of 2021 rising above pre-pandemic levels. In 2021 as a whole, gross domestic product (GDP) grew by 5%, one of the faster recoveries among Sub-Saharan African countries. ... Back Full answer
Economy How much debt does Kenya have? Source Central Bank of Kenya: Public Debt Short answer How much debt does Kenya have? The country’s total public debt was KSh8.2 trillion (roughly US$ 67.6 million) in December 2021, according to Kenya’s central bank. This debt was made up of KSh4.1 trillion in external debt and KSh4 trillion in domestic debt. ... Back Full answer
Economy Welfare & population What is Kenya’s unemployment rate? Source World Bank: Unemployment, total (% of total labour force) (modelled ILO estimate) - Kenya Short answer What is Kenya’s unemployment rate? Kenya's unemployment rate was 5.7% in 2021. ... Back Full answer