Kenya

Kenya Economic Outlook

  • The economy experienced moderate growth of 4.4% in 2011 and 4.2% in 2012 and is expected to reach 4.5% in 2013 and 5.2% in 2014.
  • Having witnessed drastic currency depreciation and rapid inflation in 2011, the economy experienced stability for both indicators in 2012. This stability is expected to continue in 2013.
  • International Criminal Court (ICC) proceedings against six Kenyans dominated the political scene in 2011 and 2012 and are likely to continue as the cases against four of the six accused persons move to full trial in summer 2013. 

Contacts

East Africa Regional Resource Center (EARC)

African Development Bank Group
Khushee Tower
Longonot  Road, Upper Hill
Nairobi, Kenya

Phone: (254) 20 2712925/ (254) 20 2712926/ (254) 20 2712928
Fax: (254) 20 2712938

Mr. Gabriel Negatu, RRC Director





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Key Facts

Flag:
Capital: Nairobi
Area: 580,000 sq km
Total Population 2012: 42.7 Million
Urban Population 2012: 22.89%
Female Population 2012: 50.05%
GDP: US$ 40.7 Billion
GNI Per Capita 2012: US$ 820
Inflation Rate: 9.60%
Crude Birth Rate (per 1000): 37.06%
Human Development Index (rank / 187): 145
Human Development Index (scale 0 to 1): 0.519
Membership Date: 10/09/1964
Cumulative Approvals (1967-2012): UA 1.4 Billion

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