Kenya GDP Growth Rate

The Gross Domestic Product (GDP) in Kenya expanded 1.66 percent in the first quarter of 2019 over the previous quarter. GDP Growth Rate in Kenya averaged 1.34 percent from 2005 until 2019, reaching an all time high of 3.80 percent in the third quarter of 2010 and a record low of -2.40 percent in the first quarter of 2008.

GDP Growth Rate in Kenya is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Kenya to stand at 1.40 in 12 months time. In the long-term, the Kenya GDP Growth Rate is projected to trend around 1.80 percent in 2020, according to our econometric models.

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Kenya GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	1.66	1.50	3.80	-2.40	percent	[+]
GDP Annual Growth Rate	5.60	5.90	11.60	0.20	percent	[+]
GDP	87.91	78.76	87.91	0.79	USD Billion	[+]
GDP Constant Prices	1291996.00	1188361.00	1291996.00	705260.00	KES Million	[+]
Gross Fixed Capital Formation	898016.90	852608.40	976086.00	637.00	KES Million	[+]
GDP per capita	1202.10	1157.10	1202.10	480.40	USD	[+]
GDP per capita PPP	3076.84	2961.46	3076.84	2073.09	USD	[+]
GDP From Agriculture	339399.00	197637.00	339399.00	142195.00	Million KES	[+]
GDP From Construction	64250.00	74790.00	74790.00	24862.00	Million KES	[+]
GDP From Manufacturing	122225.00	109158.00	122225.00	82195.00	KES Million	[+]
GDP From Mining	13186.00	12527.00	13186.00	4195.00	KES Million	[+]
GDP From Public Administration	46584.00	47881.00	52303.00	31113.00	KES Million	[+]
GDP From Services	25683.00	27785.00	27785.00	18128.00	KES Million	[+]
GDP From Transport	80763.00	95613.00	95613.00	47476.00	KES Million	[+]
GDP From Utilities	32435.00	29716.00	33884.00	15489.00	KES Million	[+]

Kenya is one the most developed countries in East Africa. Agriculture, Forestry and Fishing (including coffee and tea cultivation) is the largest sector of the economy and accounts for about 22 percent. Manufacturing is the second largest sector and represents around 11 percent of the GDP. Other major sectors include: Real Estate (about 8 percent of total GDP), Wholesales and Retail Trade (around 7 percent), Transport and Storage (around 7 percent) , Education (about 7 percent), Financial and Insurance Activity (around 6 percent) and Construction (around 5 percent). Remaining part of GDP is mostly allocated to Information and Communication; Public Administration and Defense; Human Health and Social Work Activities; Electricity Supply; Administrative and Support Service Activities. This page provides the latest reported value for - Kenya GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Kenya GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on August of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	1.66	1.50	3.80	-2.40	2005 - 2019	percent	Quarterly

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Country	Last		Previous	Range
Indonesia	4.20	Jun/19	-0.52	4.21 : -3.57	%
United States	2.10	Jun/19	3.1	16.7 : -10	%
China	1.60	Jun/19	1.4	2.4 : 1.4	%
India	1.60	Dec/18	1.5	5.4 : -1.7	%
Turkey	1.30	Mar/19	-2.4	5.6 : -5.2	%
South Korea	1.10	Jun/19	0.9	7.8 : -7	%
Saudi Arabia	1.07	Dec/18	1.49	8.51 : -2.14	%
Switzerland	0.60	Mar/19	0.3	2.4 : -1.9	%
Netherlands	0.50	Jun/19	0.5	1.7 : -3.6	%
Spain	0.50	Jun/19	0.7	1.6 : -1.6	%
Australia	0.40	Mar/19	0.2	4.4 : -2	%
Japan	0.40	Jun/19	0.7	3.2 : -4.8	%
Euro Area	0.20	Jun/19	0.4	1.3 : -3	%
France	0.20	Jun/19	0.3	8 : -5.3	%
Canada	0.10	Mar/19	0.1	3.1 : -2.3	%
Mexico	0.10	Jun/19	-0.2	3.2 : -5.7	%
Italy	0.00	Jun/19	0.1	6 : -2.7	%
Germany	-0.10	Jun/19	0.4	4 : -4.5	%
Argentina	-0.20	Mar/19	-1.3	5 : -5.7	%
Brazil	-0.20	Mar/19	0.1	4 : -4	%
United Kingdom	-0.20	Jun/19	0.5	5 : -2.7	%
Russia	-0.40	Mar/19	0.1	4.1 : -5.4	%
South Africa	-3.20	Mar/19	1.4	7.6 : -6.1	%
Singapore	-3.30	Jun/19	3.8	27.2 : -10.9	%