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
Agriculture How much does agriculture contribute to Kenya’s GDP? Source Kenya National Bureau of Statistics, Economic Survey 2023 Short answer How much does agriculture contribute to Kenya’s GDP? As of 2022, the most recent year for which data is available, agriculture, forestry and fishing accounted for 21.2% of Kenya’s gross domestic product (GDP). Agriculture contributed 18.9% distributed as follows, growing of crops (15.2%), animal production (3.5%) and support activities to agricul... Back Full answer
Agriculture Land How much farmland does Kenya have? Source World Bank: Agricultural land (% of land area) - Kenya Short answer How much farmland does Kenya have? According to the World Bank, the agricultural area (as a percentage of the land area) in Kenya was reported to be 48.7% in 2021. Similar data is also reported by the Food and Agriculture Organisation (FAO). ... Back Full answer
Agriculture What is Kenya’s largest farming sector? Source Economic Survey 2023 (Kenya National Bureau of Statistics) Short answer What is Kenya’s largest farming sector? In 2022, cut flowers had the largest recorded marketed agricultural production in Kenya at KSh 103.5 billion, followed by tea at KSh 156.7 billion and cattle and calves at KSh 84.7 billion. ... Back Full answer
Agriculture How much wheat does Kenya produce and consume? Source Economic Survey 2023 (Kenya National Bureau of Statistics) Short answer How much wheat does Kenya produce and consume? Wheat production fell by 13% from 349,000 tonnes in 2021 to 271,000 tonnes in 2022, according to the Economic Survey 2023. The country consumed 2.1 million tonnes of wheat as food. A total of 11 tonnes were used as seed and 122 tonnes had “other” uses. Another 40 tonnes were lost. ... 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