Kenya GDP

The Gross Domestic Product (GDP) in Kenya was worth 37.23 billion US dollars in 2012. The GDP value of Kenya represents 0.06 percent of the world economy. GDP in Kenya is reported by the the World Bank. From 1960 until 2012, Kenya GDP averaged 10.0 USD Billion reaching an all time high of 37.2 USD Billion in December of 2012 and a record low of 0.9 USD Billion in December of 1962. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Kenya GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
37.23 33.62 37.23 0.90 42.24 | 2014/06 1960 - 2012 USD Billion Yearly

TO

Kenya GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP per capita 592.92 2012-12-31 584.04 592.92 287.97 607.85 2014-06-30 USD [+]
GDP per capita PPP 1517.33 2012-12-31 1494.59 1517.33 1268.19 1555.53 2014-06-30 USD [+]
GDP 37.23 2012-12-31 33.62 37.23 0.90 42.24 2014-06-30 USD Billion [+]
GDP Constant Prices 423209.00 2013-08-15 416663.00 423209.00 241627.00 426060.68 2013-12-31 KES Million [+]
GDP Growth Rate 1.60 2013-09-30 0.80 3.50 -2.40 1.03 2014-06-30 Percent [+]
GDP Annual Growth Rate 4.40 2013-09-30 4.30 8.40 0.20 4.29 2014-06-30 Percent [+]
Gross Fixed Capital Formation 171213.60 2012-06-30 165761.40 508453.00 637.00 182118.00 2014-06-30 KES Million [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Kenyan Trade Deficit Widens to Second Highest in Nearly 2-1/2 Years  
Trade deficit in Kenya increased in January of 2014 to KES 87.1 billion from KES 83.7 billion a year earlier and KES 78.7 billion in December of 2013.
Kenya Inflation Rate Edges Down to 6.27% in March  
Kenyan annual inflation rate decelerated for the second consecutive month to 6.27 percent, from 6.86 percent recorded in February of 2014, as food, electricity and gas prices slowed.
Kenya Monetary Policy Unchanged in March  
Kenyan Monetary Policy Committee decided to hold the central bank rate at 8.50 percent on March 4th, as overall inflation continued to decline in February and remained within the target range, while exchange rate stability was maintained.
Kenya Inflation Rate Falls to 6.86% in February  
Kenyan annual inflation rate decreased to 6.86 percent in February, slowing from 7.21 percent in the previous month, as Food and Transport prices rose at a slower pace.
Kenya Trade Deficit Widens in December  
In the last month of 2013, Kenya’s trade deficit increased to KES 78.67 billion, from KES 71.7 billion in the previous month and KES 76.9 billion a year earlier.
Kenya Trade Deficit Narrows in November  
In November of 2013, Kenyan trade deficit decreased to KES 71.73 billion, down from KES 92.9 billion in the previous month and KES 83.8 billion in the same month last year, boosted by higher tea sales.
Kenya Inflation Rate Rises to 7.2% in January  
In January of 2014, Kenyan annual inflation rate increased to 7.2 percent, slightly up from 7.15 percent registered in December of 2013.
Kenya Leaves Rate on Hold at 8.5%  
At is January 14th meeting, Central Bank of Kenya decided to leave the benchmark interest rate on hold at 8.5 percent, as the current monetary policy stance is considered to deliver the desired objective of price stability. The Committee also said there was room for commercial banks to reduce the lending rates.
Kenya GDP Expands 4.4% YoY in Q3  
In the third quarter of 2013, Kenyan economy advanced 4.4 percent over the previous year, slightly up from 4.3 percent in the June quarter, but down from 4.5 percent a year ago, mainly due to a slowdown in the agriculture and forestry sector.
Kenyan Trade Deficit Rises in September Over a Year Earlier  
In September of 2013, Kenyan trade deficit widened 8.2 percent over a year earlier to 71 billion KES, as lower prices of tea and coffee heat exports. On a monthly basis, the trade deficit decreased 9.9 percent, due to a fall in imports.
MORE RELATED NEWS

LATEST NEWS

Tokyo Core CPI At 22- Year High in April  
Core consumer prices in Tokyo, a leading indicator of nationwide inflation, rose 2.7 percent in April from a year earlier, the fastest gain since 1992 as an increase in sales tax drove up cost of goods and services.
US Durable Goods Orders Surge in March  
New orders for manufactured durable goods in March increased $6.0 billion or 2.6 percent to $234.8 billion. This increase, up two consecutive months, followed a 2.1 percent February increase.
US Jobless Claims Rise in Latest Week  
In the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Central Bank of Turkey Leaves Main Rates on Hold  
The Monetary Policy Committee decided on April 24th, 2014, to leave the one-week repo rate on hold at 10.0 percent for the third straight meeting. The Central Bank said it will maintain the current policy stance until there is a significant improvement in the outlook for inflation.
Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News