Kenya

Kenya Economic Outlook

  • Economic growth is estimated at 4.9% in 2013 and is projected to accelerate to 5.7% in 2014.
  • Having witnessed drastic currency depreciation and rapid inflation in 2011, the economy experienced stability for both indicators in 2012 and 2013 with inflation dropping to a single digit. This stability is expected to continue in 2014.
  • International Criminal Court proceedings against six Kenyans dominated the political scene in 2012 and 2013 and will likely be the focus again in 2014 as cases against three people continue.

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

Key Facts

Flag:
Capital: Nairobi
Area: 580,000 sq km
Total Population 2013: 44.4 Million
Urban Population 2013: 24.78%
Female Population 2013: 50.11%
GDP: US$ 44.9 Billion
GNI Per Capita 2013: US$ 860
Inflation Rate: 5.74%
Crude Birth Rate (per 1000): 34.90%
Human Development Index (rank / 187): 145
Human Development Index (scale 0 to 1): 0.519
Membership Date: 10/09/1964
Cumulative Approvals (1967-2013): UA 1.6 Billion

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