Markets Actual Q2 Q3 Q4 Q1 2020
Currency 101.15 101 101 101 102 102
Stock Market (points) 2870.12 2823 2800 2777 2754 2709
Government Bond 10y (%) 12.15 12.53 12.81 13.1 13.4 14.01
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 0.90 1.5 1 1.6 1.4 1.8
GDP Annual Growth Rate (%) 6.00 4.5 4.8 5.7 5.3 5.9
Unemployment Rate (%) 11.50 10.5 10.5 10.5 10 10
Inflation Rate (%) 4.35 4.4 4.8 6.1 5.6 6.4
Interest Rate (%) 9.00 9 9.5 9.5 9.5 9
Balance of Trade (Million KES) -90352.00 -93000 -92200 -92500 -83000 -85500
Current Account to GDP (%) -5.20 -5.1 -5.1 -4.8 -5 -5
Government Debt to GDP (%) 57.10 63 63 63 65 65
Government Budget (% of GDP) -7.80 -7.8 -7.8 -7.8 -7.8 -7.8
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
GDP Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) 0.90 1.5 1 1.6 1.4 1.8
GDP Annual Growth Rate (%) 6.00 4.5 4.8 5.7 5.3 5.9
GDP (USD Billion) 74.94 88.2 82.2 82.2 87 87
GDP Constant Prices (KES Million) 1197623.00 1213340 1226366 1265888 1261097 1340575
Gross Fixed Capital Formation (KES Million) 1461256.00 1494134 1496326 1544548 1538703 1635676
GDP per capita (USD) 1169.34 1220 1205 1205 1227 1227
GDP per capita PPP (USD) 2993.03 3121 3085 3085 3139 3139
GDP From Agriculture (Million KES) 221801.00 287646 227124 234444 233556 248276
GDP From Construction (Million KES) 67557.00 67472 69178 71408 71138 75621
GDP From Manufacturing (KES Million) 112996.00 119417 115708 119437 118985 126484
GDP From Mining (KES Million) 13155.00 11924 13471 13905 13852 14725
GDP From Public Administration (KES Million) 43575.00 53204 44621 46059 45884 48776
GDP From Services (KES Million) 26233.00 26967 26863 27728 27623 29364
GDP From Transport (KES Million) 86083.00 85750 88149 90990 90645 96358
GDP From Utilities (KES Million) 30808.00 34056 31547 32564 32441 34485
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 11.50 10.5 10.5 10.5 10 10
Population (Million) 46.60 49 49 47.8 49 49
Wages High Skilled (KES/Month) 60500.00 65900 65900 65900 65900 68000
Wages Low Skilled (KES/Month) 17500.00 23100 23100 23100 23100 24100
Living Wage Family (KES/Month) 48500.00 47492 47505 47519 47519 44000
Minimum Wages (KES/Month) 13572.00 14300 14300 14300 15000 15000
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 4.35 4.4 4.8 6.1 5.6 6.4
Consumer Price Index CPI (Index Points) 198.91 202 203 205 210 218
Food Inflation (%) 2.84 1.4 1.6 2 2.5 3
Producer Prices (Index points) 118.95 123 118 124 124 127
Producer Prices Change (%) -0.36 3 -1.9 2.3 3 2.8
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 9.00 9 9.5 9.5 9.5 9
Interbank Rate (%) 2.50 3.32 3.82 3.82 3.82 3.82
Deposit Interest Rate (%) 7.70 7.7 8.2 8.2 8.2 8.2
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (Million KES) -90352.00 -93000 -92200 -92500 -83000 -85500
Current Account to GDP (%) -5.20 -5.1 -5.1 -4.8 -5 -5
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 57.10 63 63 63 65 65
Government Budget (% of GDP) -7.80 -7.8 -7.8 -7.8 -7.8 -7.8
Government Spending (KES Million) 710508.00 726494 727560 751007 748165 795316
Taxes Actual Q2 Q3 Q4 Q1 2020
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Sales Tax Rate (%) 16.00 16 16 16 16 16
Social Security Rate (%) 10.00 10 10 10 10 10
Social Security Rate For Companies (%) 5.00 5 5 5 5 5
Social Security Rate For Employees (%) 5.00 5 5 5 5 5
Business Actual Q2 Q3 Q4 Q1 2020
Manufacturing Pmi 51.00 53 52.79 52.6 54 54.3
Consumer Actual Q2 Q3 Q4 Q1 2020
Bank Lending Rate (%) 12.50 12.55 13.05 13.05 13.05 13.05
Gasoline Prices (USD/Liter) 1.12 1.08 1.06 1.03 1.01 1.01


This page has economic forecasts for Kenya including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Kenya economy.