Markets Actual Q3 Q4 Q1 Q2 2020
Currency 103.10 103 103 103 103 104
Stock Market (points) 2683.62 2611 2589 2567 2546 2503
Government Bond 10y (%) 12.02 11.98 12.21 12.44 12.68 13.18
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 6.2 5.3 5.5 5.9
Unemployment Rate (%) 9.30 10.5 10.5 10 10 10
Inflation Rate (%) 5.70 5.4 5.3 5.1 5.6 5.8
Interest Rate (%) 9.00 9 9 8.5 8.5 8.5
Balance of Trade (Million KES) -101630.00 -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 6.2 5.3 5.5 5.9
GDP (USD Billion) 87.91 89 89 91 91 91
GDP Constant Prices (KES Million) 1291996.00 1226366 1265888 1269480 1251935 1344373
Gross Fixed Capital Formation (KES Million) 898016.90 1505824 1551854 1548931 1538703 1651173
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 228566 235553 235109 208175 250628
GDP From Construction (Million KES) 64250.00 69617 71746 71610 78754 76337
GDP From Manufacturing (KES Million) 122225.00 116442 120002 119776 114341 127682
GDP From Mining (KES Million) 13186.00 13556 13971 13944 13191 14865
GDP From Public Administration (KES Million) 46584.00 44904 46277 46190 50419 49238
GDP From Services (KES Million) 25683.00 27033 27859 27807 29258 29642
GDP From Transport (KES Million) 80763.00 88709 91420 91248 100680 97271
GDP From Utilities (KES Million) 32435.00 31748 32718 32656 31291 34812
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 (%) 5.70 5.4 5.3 5.1 5.6 5.8
Consumer Price Index CPI (Index Points) 204.34 203 205 210 209 218
Food Inflation (%) 6.98 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 (%) 5.61 3.82 3.82 3.82 5.11 3.82
Deposit Interest Rate (%) 7.70 8.2 8.2 8.2 7.2 8.2
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (Million KES) -101630.00 -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 719746 713646 715002 762211
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 54.30 53.3 52.6 54 52.2 54.3
Consumer Actual Q3 Q4 Q1 Q2 2020
Bank Lending Rate (%) 12.51 13.05 13.05 13.05 12.01 13.05
Gasoline Prices (USD/Liter) 1.01 1.06 1.03 1.01 0.91 1.01


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.