Economy - overview:
Although the regional hub for trade and finance in East Africa, Kenya has been hampered by corruption and by reliance upon several primary goods whose prices have remained low. In 1997, the IMF suspended Kenya's Enhanced Structural Adjustment Program due to the government's failure to maintain reforms and curb corruption. The IMF, which had resumed loans in 2000 to help Kenya through a drought, again halted lending in 2001 when the government failed to institute several anticorruption measures. In the key December 2002 elections, Daniel Arap MOI's 24-year-old reign ended, and a new opposition government took on the formidable economic problems facing the nation. After some early progress in rooting out corruption and encouraging donor support, the KIBAKI government was rocked by high-level graft scandals in 2005 and 2006. In 2006, the World Bank and IMF delayed loans pending action by the government on corruption. The international financial institutions and donors have since resumed lending, despite little action on the government's part to deal with corruption. Post-election violence in early 2008, coupled with the effects of the global financial crisis on remittance and exports, reduced GDP growth to 1.7 in 2008, but the economy rebounded in 2009-11.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): GDP - composition by sector: Labor force: Labor force - by occupation: Unemployment rate: Population below poverty line: Household income or consumption by percentage share: Distribution of family income - Gini index: Investment (gross fixed): Budget: Taxes and other revenues: Budget surplus (+) or deficit (-): Public debt: Inflation rate (consumer prices): Central bank discount rate: Commercial bank prime lending rate: Stock of narrow money: Stock of broad money: Stock of domestic credit: Market value of publicly traded shares: Agriculture - products: Industries: Industrial production growth rate: Electricity - production: Electricity - consumption: Electricity - exports: Electricity - imports: Oil - production: Oil - consumption: Oil - exports: Oil - imports: Natural gas - production: Natural gas - consumption: Natural gas - exports: Natural gas - imports: Natural gas - proved reserves: Current account balance: Exports: Exports - commodities: Exports - partners: Imports: Imports - commodities: Imports - partners: Reserves of foreign exchange and gold: Debt - external: Stock of direct foreign investment - at home: Stock of direct foreign investment - abroad: Exchange rates:
NOTE: 1) The information regarding Kenya on this page is re-published from the 2012 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Kenya Economy 2012 information contained here. All suggestions for corrections of any errors about Kenya Economy 2012 should be addressed to the CIA.
$71.5 billion (2011 est.)
country comparison to the world: 83
note: data are in 2011 US dollars
[see also: GDP country ranks ]
$36.1 billion (2011 est.)
[see also: GDP (official exchange rate) country ranks ]
5.3% (2011 est.)
country comparison to the world: 63
[see also: GDP - real growth rate country ranks ]
$1,700 (2011 est.)
country comparison to the world: 192
note: data are in 2011 US dollars
[see also: GDP - per capita country ranks ]
agriculture: 22.2%
[see also: GDP - composition by sector - agriculture country ranks ]
industry: 16.4%
[see also: GDP - composition by sector - industry country ranks ]
services: 64.6% (2011 est.)
[see also: GDP - composition by sector - services country ranks ]
18.39 million (2011 est.)
country comparison to the world: 32
[see also: Labor force country ranks ]
agriculture: 75%
[see also: Labor force - by occupation - agriculture country ranks ]
industry and services: 25% (2007 est.)
40% (2008 est.)
country comparison to the world: 184
[see also: Unemployment rate country ranks ]
50% (2000 est.)
[see also: Population below poverty line country ranks ]
lowest 10%: 1.8%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%: 37.8% (2005)
[see also: Household income or consumption by percentage share - highest 10% country ranks ]
42.5 (2008 est.)
country comparison to the world: 49
[see also: Distribution of family income - Gini index country ranks ]
20.6% of GDP (2011 est.)
country comparison to the world: 109
[see also: Investment (gross fixed) country ranks ]
revenues: $7.038 billion
[see also: Budget revenues country ranks ]
expenditures: $9.11 billion (2011 est.)
[see also: Budget expenditures country ranks ]
19.5% of GDP (2011 est.)
country comparison to the world: 160
[see also: Taxes and other revenues country ranks ]
-5.7% of GDP (2011 est.)
country comparison to the world: 161
[see also: Budget surplus (+) or deficit (-) country ranks ]
48.5% of GDP (2011 est.)
country comparison to the world: 55
[see also: Public debt country ranks ]
11% (2011 est.)
country comparison to the world: 195
[see also: Inflation rate (consumer prices) country ranks ]
7% (31 December 2010 est.)
[see also: Central bank discount rate country ranks ]
14.4% (31 December 2011 est.)
country comparison to the world: 55
[see also: Commercial bank prime lending rate country ranks ]
$7.096 billion (31 December 2011 est.)
country comparison to the world: 83
[see also: Stock of narrow money country ranks ]
$17.72 billion (31 December 2011 est.)
country comparison to the world: 88
[see also: Stock of broad money country ranks ]
$15.62 billion (31 December 2011 est.)
country comparison to the world: 89
[see also: Stock of domestic credit country ranks ]
$14.46 billion (31 December 2010)
country comparison to the world: 69
[see also: Market value of publicly traded shares country ranks ]
tea, coffee, corn, wheat, sugarcane, fruit, vegetables; dairy products, beef, pork, poultry, eggs
small-scale consumer goods (plastic, furniture, batteries, textiles, clothing, soap, cigarettes, flour), agricultural products, horticulture, oil refining; aluminum, steel, lead; cement, commercial ship repair, tourism
3.8% (2011 est.)
country comparison to the world: 94
[see also: Industrial production growth rate country ranks ]
6.79 billion kWh (2008 est.)
country comparison to the world: 103
[see also: Electricity - production country ranks ]
5.738 billion kWh (2008 est.)
country comparison to the world: 110
[see also: Electricity - consumption country ranks ]
41 million kWh (2008 est.)
[see also: Electricity - exports country ranks ]
16 million kWh (2008 est.)
[see also: Electricity - imports country ranks ]
136.2 bbl/day (2010 est.)
country comparison to the world: 117
[see also: Oil - production country ranks ]
78,000 bbl/day (2010 est.)
country comparison to the world: 86
[see also: Oil - consumption country ranks ]
8,061 bbl/day (2009 est.)
country comparison to the world: 98
[see also: Oil - exports country ranks ]
80,160 bbl/day (2009 est.)
country comparison to the world: 73
[see also: Oil - imports country ranks ]
0 cu m (2009 est.)
country comparison to the world: 199
[see also: Natural gas - production country ranks ]
0 cu m (2009 est.)
country comparison to the world: 192
[see also: Natural gas - consumption country ranks ]
0 cu m (2009 est.)
country comparison to the world: 123
[see also: Natural gas - exports country ranks ]
0 cu m (2009 est.)
country comparison to the world: 82
[see also: Natural gas - imports country ranks ]
0 cu m (1 January 2011 est.)
country comparison to the world: 151
[see also: Natural gas - proved reserves country ranks ]
-$2.636 billion (2011 est.)
country comparison to the world: 160
[see also: Current account balance country ranks ]
$5.443 billion (2011 est.)
country comparison to the world: 112
[see also: Exports country ranks ]
tea, horticultural products, coffee, petroleum products, fish, cement
Uganda 10.1%, Tanzania 9.8%, UK 8.8%, Netherlands 8.2%, US 5.8%, Egypt 4.7%, Democratic Republic of the Congo 4.3% (2010)
$11.87 billion (2011 est.)
country comparison to the world: 91
[see also: Imports country ranks ]
machinery and transportation equipment, petroleum products, motor vehicles, iron and steel, resins and plastics
China 13.6%, India 13.4%, UAE 9.7%, South Africa 8.4%, Saudi Arabia 6.8%, Japan 4.7% (2010)
$5.282 billion (31 December 2011 est.)
country comparison to the world: 84
[see also: Reserves of foreign exchange and gold country ranks ]
$8.961 billion (31 December 2011 est.)
country comparison to the world: 97
[see also: Debt - external country ranks ]
$2.691 billion (31 December 2011 est.)
country comparison to the world: 88
[see also: Stock of direct foreign investment - at home country ranks ]
$321.4 million (31 December 2011 est.)
country comparison to the world: 77
[see also: Stock of direct foreign investment - abroad country ranks ]
Kenyan shillings (KES) per US dollar -
2) The rank that you see is the CIA reported rank, which may habe the following issues:
a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order
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This page was last modified 07-Mar-12