Economy of Kenya. Statistics, Data and Indicators
Kenya
| 20B+ | Credit rank #102 |
| N/A | Quality of life # |
| 123 | Corruption rank#133 |
| 56 | Ease of doing business#61 |
Kenya Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 113 USD Billion | 2022 |
| GDP Annual Growth Rate | 5.4 % | 2Q/23 |
| GDP Growth Rate | 0.95 % | 2Q/23 |
| GDP per capita | 1755 USD | 2022 |
| Inflation Rate YoY | 6.8 % | Sep/23 |
| Interest Rate | 10.5 % | Oct/23 |
| Unemployment Rate | 4.9 % | 2022 |
| Balance of Trade | -109109 KES Million | -0.732 B USD | Jul/23 |
| Current Account | -4393 USD Million | -4.393 B USD | Jul/23 |
| Foreign Exchange Reserves | 13642 USD Million | 13.642 B USD | Jul/23 |
| Government Debt | 10190 KES Billion | 68.409 B USD | Jun/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 113 USD Billion | 2022 |
| GDP Annual Growth Rate | 5.4 % | 2Q/23 |
| GDP Growth Rate | 0.95 % | 2Q/23 |
| GDP per capita | 1755 USD | 2022 |
| GDP Constant Prices | 2613576 KES Million | 17.546 B USD | 2Q/23 |
| GDP per capita PPP | 4882 USD | 2022 |
| GDP From Agriculture | 513323 KES Million | 3.446 B USD | 2Q/23 |
| GDP From Construction | 143189 KES Million | 0.961 B USD | 2Q/23 |
| GDP From Manufacturing | 208601 KES Million | 1.4 B USD | 2Q/23 |
| GDP From Mining | 30587 KES Million | 0.205 B USD | 2Q/23 |
| GDP From Public Administration | 158304 KES Million | 1.063 B USD | 2Q/23 |
| GDP From Services | 69346 KES Million | 0.466 B USD | 2Q/23 |
| GDP From Transport | 246145 KES Million | 1.652 B USD | 2Q/23 |
| GDP From Utilities | 58940 KES Million | 0.396 B USD | 2Q/23 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 67.3 % | 2022 |
| Government Budget Value | -30220 KES Million | -0.203 USD Billion | Jul/23 |
| Government Spending | 1348217 KES Billion | 9051.018 USD Billion | 2022 |
| Government Debt | 10190 KES Billion | 68.409 B USD | Jun/23 |
| Government Revenues | 170 KES Billion | 1.141 USD Billion | Jul/23 |
| Fiscal Expenditure | 200 KES Billion | 1.343 B USD | Jul/23 |
| Government Budget to GDP | -6.5 % | 2022 |
| Military Expenditure | 1138 USD Million | 1.138 B USD | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 135 index points | Sep/23 |
| Food Inflation | 7.9 % | Sep/23 |
| Gasoline Prices | 1.43 USD/Liter | Sep/23 |
| Inflation Rate YoY | 6.8 % | Sep/23 |
| Producer Prices | 140 index points | 2Q/23 |
| Inflation Rate Mom | 1 % | Sep/23 |
| Producer Prices Change | 11.37 % | 2Q/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -5.1 % | 2022 |
| Balance of Trade | -109109 KES Million | -0.732 USD Billion | Jul/23 |
| Capital Flows | -3290 USD Million | -3.29 USD Billion | Jul/23 |
| Current Account | -4393 USD Million | -4.393 USD Billion | Jul/23 |
| Exports | 82583 KES Million | 0.554 USD Billion | Jul/23 |
| External Debt | 5453 KES Billion | 36.608 USD Billion | Jun/23 |
| Foreign Exchange Reserves | 13642 USD Million | 13.642 USD Billion | Jul/23 |
| Imports | 191692 KES Million | 1.287 USD Billion | Jul/23 |
| Terms of Trade | 75 Index points | 2022 |
| Tourist Arrivals | 158100 Persons | 0.158 Million Persons | Jul/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 13.5 % | Jul/23 |
| Gold Reserves | 0.02 Tonnes | 2Q/23 |
| Interbank Rate | 12.57 % | Aug/23 |
| Interest Rate | 10.5 % | Oct/23 |
| Loans to Private Sector | 2326105 KES Million | 23.08 USD Billion | Apr/17 |
| Money Supply M1 | 2126 KES Billion | 14.273 USD Billion | Jul/23 |
| Money Supply M2 | 3887 KES Billion | 26.095 USD Billion | Jul/23 |
| Money Supply M3 | 5037384 KES Million | 33.818 USD Billion | Jun/23 |
| Deposit Interest Rate | 6.69 % | 2021 |
| Foreign Direct Investment | 46390 KES Million | 0.311 B USD | 2022 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 15120 KES/Month | 101.505 USD/Month | 2023 |
| Unemployment Rate | 4.9 % | 2022 |
| Living Wage Family | 48500 KES/Month | 455.162 USD/Month | 2018 |
| Living Wage Individual | 22300 KES/Month | 209.281 USD/Month | 2018 |
| Wages High Skilled | 60500 KES/Month | 567.779 USD/Month | 2018 |
| Wages Low Skilled | 17500 KES/Month | 164.234 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 30 % | 2023 |
| Personal Income Tax Rate | 30 % | 2023 |
| Sales Tax Rate | 16 % | 2023 |
| Social Security Rate | 10 % | 2022 |
| Social Security Rate For Companies | 5 % | 2022 |
| Social Security Rate For Employees | 5 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Electricity Production | 1130 GWh | May/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 32 index points | 2022 |
| Corruption Rank | 123 place | 2022 |
| Ease of Doing Business | 56 place | 2019 |
| Manufacturing PMI | 47.8 index points | Sep/23 |
| Competitiveness Index | 54.14 Index Points | 2019 |
| Competitiveness Rank | 95 | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Disposable Personal Income | 12456 KES Billion | 83.621 B USD | 2022 |
