GDP, GDP Per Capita & GDP Growth Rate
GDP: Kenya’s GDP was estimated to be $1107.44 billion as of 2023.
GDP per capita: $1,949.9 as of 2023
GDP Growth Rate: 5.4%
Sectoral Organisation
Agriculture: about 33% of GDP
Services: Approximately 55.06% of GDP
Industry: around 8% of the GDP
Population: It was projected that there were 55,100,586 people living in Kenya as of 2023.
Rate of Unemployment: Stands at 10.4%
Inflation Rate: The average annual inflation rate is 7.7% as of 2023.
Currency: The official currency of Kenya is the Kenyan shilling (KES).
Foreign Exchange Reserves: 15718.30 USD
Kenya is therefore currently ranked 69 of the major economies.
Projection
Kenya’s growth is projected to reach 5.2% on average during 2024-2026