Markets Actual Q1 Q2 Q3 Q4 2020
Currency 101.65 102 102 103 103 103
Stock Market (points) 2844.25 2812 2790 2769 2748 2706
Government Bond 10y (%) 12.51 12.79 13.08 13.37 13.67 14.3
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 0.90 1.5 1.5 1.5 1.5 1.8
GDP Annual Growth Rate (%) 6.00 5.9 6 6.1 6.2 6.8
Unemployment Rate (%) 11.50 10.5 10.5 10.5 10.5 10
Inflation Rate (%) 5.71 6.3 6 5.5 5.3 6.5
Interest Rate (%) 9.00 9 9 9.5 9.5 9
Balance of Trade (Million KES) -99364.80 -93291 -94643 -93372 -53438 -63421
Current Account to GDP (%) -5.90 -7.7 -7.7 -7.7 -7.7 -6
Government Debt to GDP (%) 57.10 63 63 63 63 65
Government Budget (% of GDP) -7.80 -7.8 -7.8 -7.8 -7.8 -7.8
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 0.90 1.5 1.5 1.5 1.5 1.8
GDP Annual Growth Rate (%) 6.00 5.9 6 6.1 6.2 6.8
GDP (USD Billion) 74.94 88.2 88.2 82.2 82.2 87
GDP Constant Prices (KES Million) 1197623.00 1206027 1222240 1234151 1271876 1358363
Gross Fixed Capital Formation (KES Million) 1461256.00 1504363 1505094 1505824 1551854 1657380
GDP per capita (USD) 1169.34 1220 1220 1205 1205 1227
GDP per capita PPP (USD) 2993.03 3121 3121 3085 3085 3139
GDP From Agriculture (Million KES) 221801.00 317895 289755 228566 235553 251570
GDP From Construction (Million KES) 67557.00 64871 69946 71678 71746 76624
GDP From Manufacturing (KES Million) 112996.00 119470 120293 116442 120002 128162
GDP From Mining (KES Million) 13155.00 14100 12362 13957 13971 14921
GDP From Public Administration (KES Million) 43575.00 45661 55155 46233 46277 49423
GDP From Services (KES Million) 26233.00 25456 27165 27033 27859 29754
GDP From Transport (KES Million) 86083.00 78887 86379 88709 91420 97637
GDP From Utilities (KES Million) 30808.00 30540 34306 31748 32718 34943
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 11.50 10.5 10.5 10.5 10.5 10
Population (Million) 46.60 49 49 49 49 50
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 44000 47492 47505 47519 44000
Minimum Wages (KES/Month) 13572.00 13572 15036 15515 15515 15647
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 5.71 6.3 6 5.5 5.3 6.5
Consumer Price Index CPI (Index Points) 193.51 203 205 205 204 217
Food Inflation (%) 2.54 2.5 2.7 2.9 3 3.5
Producer Prices (Index points) 119.96 123 124 123 122 125
Producer Prices Change (%) 0.37 3.1 3.55 2.85 2 2.5
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 9.00 9 9 9.5 9.5 9
Interbank Rate (%) 3.48 3.48 3.48 3.98 3.98 3.98
Deposit Interest Rate (%) 7.70 7.7 7.7 8.2 8.2 8.2
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (Million KES) -99364.80 -93291 -94643 -93372 -53438 -63421
Current Account to GDP (%) -5.90 -7.7 -7.7 -7.7 -7.7 -6
Terms Of Trade (Index points) 75.00 80.5 80.5 80.5 80.5 80.5
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 57.10 63 63 63 63 65
Government Budget (% of GDP) -7.80 -7.8 -7.8 -7.8 -7.8 -7.8
Government Budget Value (KES million) -638832.00 -293 -198 -240 -185 -69.86
Government Spending (KES Million) 710508.00 752428 753138 753849 754559 805870
Taxes Actual Q1 Q2 Q3 Q4 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 Q1 Q2 Q3 Q4 2020
Manufacturing Pmi 53.60 53.09 52.88 52.79 52.6 53.7
Consumer Actual Q1 Q2 Q3 Q4 2020
Bank Lending Rate (%) 12.62 12.78 12.78 13.28 13.28 13.28
Gasoline Prices (USD/Liter) 1.13 1.06 1.04 1.02 0.99 0.99


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.