The Gross Domestic Product (GDP) in Kenya expanded 0.80 percent in the second quarter of 2022 over the previous quarter. source: Kenya National Bureau of Statistics

GDP Growth Rate in Kenya averaged 1.22 percent from 2005 until 2022, reaching an all time high of 5.60 percent in the fourth quarter of 2020 and a record low of -6.20 percent in the second quarter of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.

GDP Growth Rate in Kenya is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kenya GDP Growth Rate is projected to trend around 1.70 percent in 2023 and 1.60 percent in 2024, according to our econometric models.

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Kenya GDP Growth Rate

Calendar GMT Actual Previous Consensus TEForecast
2016-09-30 11:10 AM Q2 1.8% 0.2%
2016-12-23 01:10 PM Q3 0.1% 1.8% 0.7%

Related Last Previous Unit Reference
GDP Growth Rate 0.80 1.00 percent Jun 2022
GDP Annual Growth Rate 5.20 6.80 percent Jun 2022
GDP Constant Prices 2493853.00 2480206.00 KES Million Jun 2022
Gross Fixed Capital Formation 2079760.10 1920884.50 KES Million Dec 2020
GDP from Utilities 57916.00 57982.00 KES Million Jun 2022
GDP from Transport 239420.00 224095.00 KES Million Jun 2022
GDP from Services 65118.00 63407.00 KES Million Jun 2022
GDP from Public Administration 152374.00 137825.00 KES Million Jun 2022
GDP from Mining 30624.00 31515.00 KES Million Jun 2022
GDP from Manufacturing 205209.00 206804.00 KES Million Jun 2022
GDP from Construction 139930.00 142307.00 Million KES Jun 2022
GDP from Agriculture 483607.00 462271.00 Million KES Jun 2022

Kenya GDP Growth Rate
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.
Actual Previous Highest Lowest Dates Unit Frequency
0.80 1.00 5.60 -6.20 2005 - 2022 percent Quarterly