The economy of Kenya advanced 6.0 percent year-on-year in the third quarter of 2018, compared to a downwardly revised 6.2 percent rise in the previous period. Output growth was boosted by the agricultural sector (5.2% vs 5.4%), thanks to favorable weather conditions which prompted a 12 percent surge in tea production; electricity and water supply (8.5% vs 8.6%), amid a substantial increase in generation of electricity using hydro and geothermal sources; and construction (6.8% vs 6.1%). Other significant positive contributions came from: accommodation & food services (16% vs 15.7%); information & communication (9.1% vs 12.6%); mining & quarrying (8.5% vs 3.5%); transport & storage (5.4% vs 7.8%); manufacturing (3.2% vs 3.1%) and financial services (2.6% vs 2.3%). On a quarterly basis, the GDP grew 0.9 percent, after a downwardly revised 1.3 percent increase in the second quarter of 2018. GDP Annual Growth Rate in Kenya averaged 5.47 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 4.50 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 5.30 in 12 months time. In the long-term, the Kenya GDP Annual Growth Rate is projected to trend around 6.00 percent in 2020, according to our econometric models.

Kenya GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
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%
2018-12-31 11:55 AM GDP Growth Rate YoY 6% 6.3% 5.6%
2019-04-26 11:40 AM GDP Growth Rate YoY 6% 5.8%
2019-05-29 11:40 AM GDP Growth Rate YoY 5.3%
2019-09-27 10:50 AM GDP Growth Rate YoY 4.5%


Kenya GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.90 1.30 3.80 -2.40 percent [+]
GDP Annual Growth Rate 6.00 6.20 12.40 0.20 percent [+]
GDP 74.94 70.88 74.94 0.79 USD Billion [+]
GDP Constant Prices 1197623.00 1186641.00 1197623.00 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 221801.00 281316.00 308786.00 142195.00 Million KES [+]
GDP From Construction 67557.00 65987.00 69467.00 24862.00 Million KES [+]
GDP From Manufacturing 112996.00 116789.00 116789.00 82195.00 KES Million [+]
GDP From Mining 13155.00 11662.00 13314.00 4195.00 KES Million [+]
GDP From Public Administration 43575.00 52033.00 52033.00 31113.00 KES Million [+]
GDP From Services 26233.00 26374.00 26953.00 18128.00 KES Million [+]
GDP From Transport 86083.00 83863.00 86944.00 47476.00 KES Million [+]
GDP From Utilities 30808.00 33307.00 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6.00 6.20 12.40 0.20 2004 - 2018 percent Quarterly




Country Last Previous
India 6.60 Dec/18
China 6.40 Mar/19
Indonesia 5.18 Dec/18
Saudi Arabia 3.60 Dec/18
South Korea 3.10 Dec/18
United States 3.00 Dec/18
Russia 2.70 Dec/18
Australia 2.30 Dec/18
Spain 2.30 Dec/18
Netherlands 2.20 Dec/18
Mexico 1.70 Dec/18
Canada 1.60 Dec/18
Switzerland 1.40 Dec/18
United Kingdom 1.40 Dec/18
Singapore 1.30 Mar/19
Brazil 1.10 Dec/18
Euro Area 1.10 Dec/18
South Africa 1.10 Dec/18
France 1.00 Dec/18
Germany 0.60 Dec/18
Japan 0.30 Dec/18
Italy 0.00 Dec/18
Turkey -3.00 Dec/18
Argentina -6.20 Dec/18


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