Kenya GDP Annual Growth Rate  2004-2018 | Data | Chart | Calendar

The Kenyan economy advanced 5.7 percent year-on-year in the first quarter of 2018, higher than an upwardly revised 5.3 percent growth in the previous period and a 5.8 percent estimate from the central bank. It is the strongest growth rate since the last three months of 2016, amid improved weather conditions and a boost in business and consumer confidence after the conclusion of general elections in 2017. Agricultural output surged 5.2 percent, the most since the second quarter of 2016 (1.4 percent in Q4 2017), with tea production climbing 11 percent. Also, manufacturing rebounded (2.3 percent compared to -0.4 percent, the most since the third quarter of 2016) and both real estate (6.8 percent compared to 6.3 percent, the most since the fourth quarter of 2016) and wholesale and retail trade (6.3 percent compared to 6.2 percent, the most since the second quarter of 20165) increased faster. On a quarterly basis, the GDP grew 1.9 percent, the most since the second quarter of 2014. GDP Annual Growth Rate in Kenya averaged 5.45 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.

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 12:20 PM GDP Growth Rate YoY 5.7% 5.5%
2018-12-28 10:30 AM GDP Growth Rate YoY 5.6%


Kenya GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.90 1.70 3.80 -2.40 percent [+]
GDP Annual Growth Rate 5.70 5.30 12.40 0.20 percent [+]
GDP 74.94 70.88 74.94 0.79 USD Billion [+]
GDP Constant Prices 1171676.00 1150141.00 1171676.00 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 308916.00 186505.00 308916.00 142195.00 Million KES [+]
GDP From Construction 61251.00 69461.00 69461.00 24862.00 Million KES [+]
GDP From Manufacturing 116070.00 104115.00 116070.00 82195.00 KES Million [+]
GDP From Mining 13313.00 12443.00 13313.00 4195.00 KES Million [+]
GDP From Public Administration 43131.00 42835.00 49167.00 31113.00 KES Million [+]
GDP From Services 24797.00 27026.00 27026.00 18128.00 KES Million [+]
GDP From Transport 76595.00 86900.00 86900.00 47476.00 KES Million [+]
GDP From Utilities 29665.00 27279.00 30667.00 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 August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.70 5.30 12.40 0.20 2004 - 2018 percent Quarterly




GDP annual growth rate by Country
Country Last
India 7.70 Mar/18
Turkey 7.40 Mar/18
China 6.70 Jun/18
Indonesia 5.27 Jun/18
Australia 3.10 Mar/18
Netherlands 2.90 Jun/18
South Korea 2.90 Jun/18
United States 2.80 Jun/18
Mexico 2.70 Jun/18
Spain 2.70 Jun/18
Canada 2.30 Mar/18
Euro Area 2.20 Jun/18
Switzerland 2.20 Mar/18
Germany 2.00 Jun/18
Russia 1.80 Jun/18
France 1.70 Jun/18
United Kingdom 1.30 Jun/18
Brazil 1.20 Mar/18
Italy 1.10 Jun/18
Japan 1.00 Jun/18


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