Kenya
Kenya Economic Outlook
- Real GDP growth was 5.3% in 2014, while the 2015 estimate and the 2016 and 2017 projections show economic expansion of 5.5%, 6.0%, and 6.4% respectively.
- In 2014 and 2015, the economy experienced a stable macroeconomic environment, with single-digit inflation despite a 10.0% currency depreciation in 2015. At the same time, calls to amend the constitution to increase finances to the 47 county governments dominated the political scene.
- Kenya is set to experience rapid urbanisation in the foreseeable future.
Key Facts
| Flag: |  |
| Capital: | Nairobi |
| Area: | 580,000 sq km |
| Total Population 2017: | 48.5 Million |
| Urban Population 2017: | 73.50% |
| Female Population 2017: | 49.70% |
| GDP: | US$ 77.3 Billion |
| GNI Per Capita 2015: | US$ 1,340 |
| Inflation Rate: | 5.50% |
| Crude Birth Rate (per 1000): | 33.00% |
| Human Development Index (rank / 188): | 146 |
| Human Development Index (scale 0 to 1): | 0.555 |
| Membership Date: | 10/09/1964 |
| Cumulative Approvals (1967-2016): | UA 2.6 Billion |
Activity
22/05/2017 - Samuel Rigu, Safi Organic Ltd. Kenya
22/05/2017 - Samuel Munguti, Farmers Pride, Kenya
22/05/2017 - Mary Joseph, Farm Drive, ICT, Kenya
Project Portfolio
| Reference | Project | Status |
|---|---|---|
| P-KE-HAB-008 | COMMERCIAL BANK OF AFRICA LIMITED Categories: Kenya, Economic & Financial Governance | ApprovedAPVD |
| P-KE-HAB-025 | TRADE FINANCE LINE OF CREDIT CBA KENYA Categories: Kenya, Economic & Financial Governance | ApprovedAPVD |
News
Resources
Documents
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