Markets Actual Q3 Q4 Q1 Q2 2020
Currency 103.20 104 105 105 105 105
Stock Market (points) 2477.66 2524 2503 2482 2461 2420
Government Bond 10y (%) 11.50 11.66 11.87 12.09 12.31 12.76
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 1.66 1 1.6 1.4 1.4 1.8
GDP Annual Growth Rate (%) 5.60 4.8 6 5.3 5.5 5.8
Unemployment Rate (%) 9.30 10.5 10.5 10 10 10
Inflation Rate (%) 6.27 6 5.8 5.4 5.2 5.8
Interest Rate (%) 9.00 9 9 8.5 8.5 8.5
Balance of Trade (Million KES) -93469.50 -115000 -92500 -83000 -83000 -85500
Current Account to GDP (%) -5.20 -5.1 -5.1 -4.9 -4.9 -4.9
Government Debt to GDP (%) 57.00 63 63 65 65 65
Government Budget (% of GDP) -6.70 -5.6 -5.6 -5.3 -5.3 -5.3
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
GDP Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 1.66 1 1.6 1.4 1.4 1.8
GDP Annual Growth Rate (%) 5.60 4.8 6 5.3 5.5 5.8
GDP (USD Billion) 87.91 89 89 91 91 91
GDP Constant Prices (KES Million) 1291996.00 1226263 1259663 1360472 1363056 1332723
Gross Fixed Capital Formation (KES Million) 898016.90 893534 951898 945612 947408 1007108
GDP per capita (USD) 1202.10 1250 1250 1280 1280 1280
GDP per capita PPP (USD) 3076.84 3120 3120 3240 3240 3240
GDP From Agriculture (Million KES) 339399.00 228101 209495 357387 358066 221646
GDP From Construction (Million KES) 64250.00 70884 79277 67655 67784 83875
GDP From Manufacturing (KES Million) 122225.00 120697 115707 128703 128947 122419
GDP From Mining (KES Million) 13186.00 12904 13279 13885 13911 14049
GDP From Public Administration (KES Million) 46584.00 46500 50754 49053 49146 53698
GDP From Services (KES Million) 25683.00 27838 29452 27044 27096 31160
GDP From Transport (KES Million) 80763.00 91884 101350 85043 85205 107228
GDP From Utilities (KES Million) 32435.00 32507 31499 34154 34219 33326
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 9.30 10.5 10.5 10 10 10
Population (Million) 46.60 49 47.8 49 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 15000 15000 15000
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 6.27 6 5.8 5.4 5.2 5.8
Consumer Price Index CPI (Index Points) 203.61 206 205 210 215 217
Food Inflation (%) 8.47 6.5 6.3 2.5 3.4 4
Producer Prices (Index points) 118.95 118 124 124 123 127
Producer Prices Change (%) -0.36 -1.9 2.3 3 1.5 2.8
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 9.00 9 9 8.5 8.5 8.5
Interbank Rate (%) 2.98 2.98 2.98 2.48 2.48 2.48
Deposit Interest Rate (%) 7.70 7.7 7.7 7.2 7.2 7.2
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (Million KES) -93469.50 -115000 -92500 -83000 -83000 -85500
Current Account to GDP (%) -5.20 -5.1 -5.1 -4.9 -4.9 -4.9
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 57.00 63 63 65 65 65
Government Budget (% of GDP) -6.70 -5.6 -5.6 -5.3 -5.3 -5.3
Government Spending (KES Million) 677726.60 702955 718390 713646 715002 760057
Taxes Actual Q3 Q4 Q1 Q2 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 Q3 Q4 Q1 Q2 2020
Manufacturing Pmi 54.10 53.3 52.6 54 52.2 54.3
Consumer Actual Q3 Q4 Q1 Q2 2020
Bank Lending Rate (%) 12.47 12.47 12.47 11.97 11.97 11.97
Gasoline Prices (USD/Liter) 1.01 0.98 0.96 0.93 0.91 0.91


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.