The Kenyan economy expanded 6.3 percent year-on-year in the second quarter of 2018, following a 5.7 percent growth in the previous period and beating market expectations of 5.7 percent. It was the strongest growth rate since the last quarter of 2016. Main drivers of growth were agriculture (5.6 percent from 5.2 percent in Q1); manufacturing (3.1 percent from 2.3 percent); wholesale and retail trade (7.7 percent from 6.2 percent); transportation and storage (7.8 percent from 7.1 percent); accommodation and restaurants (15.7 percent from 13.5 percent); information and communication (12.6 percent from 12.0 percent); utilities (8.6 percent from 5.1 percent) and public administration (5.8 percent from 4.6 percent). On the quarterly basis, the economy grew 1.5 percent, slowing from a 1.9 percent expansion in the previous period. GDP Annual Growth Rate in Kenya averaged 5.46 percent from 2004 until 2018, reaching an all time high of 12.40 percent in the fourth quarter of 2010 and a record low of 0.20 percent in the fourth quarter of 2008.

GDP Annual Growth Rate in Kenya is expected to be 5.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Kenya to stand at 6.10 in 12 months time. In the long-term, the Kenya GDP Annual Growth Rate is projected to trend around 6.80 percent in 2020, according to our econometric models.

Kenya GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-12-29 01:00 PM GDP Growth Rate YoY 4.4% 5% 5.2%
2018-04-26 11:40 AM GDP Growth Rate YoY 5.0% 4.7% 4.3% 4.80%
2018-05-29 11:40 AM GDP Growth Rate YoY 5.8% 5.0% 5.2%
2018-09-28 10:50 AM GDP Growth Rate YoY 6.3% 5.7% 5.7% 5.5%
2018-12-28 10:30 AM GDP Growth Rate YoY 6.3% 5.6%
2019-04-26 11:40 AM GDP Growth Rate YoY 5.80%
2019-05-29 11:40 AM GDP Growth Rate YoY 5.90%


Kenya GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.50 1.90 3.80 -2.40 percent [+]
GDP Annual Growth Rate 6.30 5.70 12.40 0.20 percent [+]
GDP 74.94 70.88 74.94 0.79 USD Billion [+]
GDP Constant Prices 1188846.00 1171565.00 1188846.00 241627.00 KES Million [+]
Gross Fixed Capital Formation 1461256.00 1237818.00 1461256.00 637.00 KES Million [+]
GDP per capita 1169.34 1143.10 1169.34 481.38 USD [+]
GDP per capita PPP 2993.03 2926.53 2993.03 2106.60 USD [+]
GDP From Agriculture 282020.00 308539.00 308539.00 142195.00 Million KES [+]
GDP From Construction 65987.00 61257.00 69467.00 24862.00 Million KES [+]
GDP From Manufacturing 116784.00 116042.00 116784.00 82195.00 KES Million [+]
GDP From Mining 11662.00 13314.00 13314.00 4195.00 KES Million [+]
GDP From Public Administration 52033.00 43117.00 52033.00 31113.00 KES Million [+]
GDP From Services 26376.00 24727.00 26953.00 18128.00 KES Million [+]
GDP From Transport 83861.00 76625.00 86942.00 47476.00 KES Million [+]
GDP From Utilities 33307.00 29665.00 33307.00 15489.00 KES Million [+]


Kenya GDP Annual 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). This page provides the latest reported value for - Kenya GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Kenya GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6.30 5.70 12.40 0.20 2004 - 2018 percent Quarterly




Country Last Previous
India 7.10 Sep/18
China 6.50 Sep/18
Indonesia 5.17 Sep/18
United States 3.00 Sep/18
Australia 2.80 Sep/18
Mexico 2.50 Sep/18
Spain 2.50 Sep/18
Netherlands 2.40 Sep/18
Switzerland 2.40 Sep/18
Singapore 2.20 Sep/18
South Korea 2.00 Sep/18
Canada 1.90 Jun/18
Saudi Arabia 1.61 Jun/18
Euro Area 1.60 Sep/18
Turkey 1.60 Sep/18
Russia 1.50 Sep/18
United Kingdom 1.50 Sep/18
France 1.40 Sep/18
Brazil 1.30 Sep/18
Germany 1.10 Sep/18
South Africa 1.10 Sep/18
Italy 0.70 Sep/18
Japan 0.00 Sep/18
Argentina -4.20 Jun/18


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