Kenya GDP Annual Growth Rate  2004-2016 | Data | Chart | Calendar

The Kenyan economy advanced 5.8 percent year-on-year in the three months to September 2015, up from a 5.5 percent expansion in the previous quarter. It was the highest growth rate since the second quarter of 2014, mainly supported by strong expansions in agriculture, construction, financial activities, internal trade and transportation sectors while accommodation continued to shrink. GDP Annual Growth Rate in Kenya averaged 5.41 percent from 2004 until 2015, reaching an all time high of 12.40 percent in the fourth quarter of 2010 and a record low of 0.20 percent in the fourth quarter of 2008. GDP Annual Growth Rate in Kenya is reported by the Kenya National Bureau of Statistics.

Kenya GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
5.80 5.50 12.40 0.20 2004 - 2015 percent Quarterly
In Kenya, the annual growth rate in GDP measures the change in the value of the goods and services produced by the country economy during the period of a year. This page provides the latest reported value for - Kenya GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Kenya GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on April of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-07-01 11:50 AM Q1 4.9% 5.1% 4.3%
2015-09-30 12:35 PM Q2 5.5% 4.9% 6.7%
2015-12-30 11:20 AM Q3 5.8% 5.5%
2016-04-29 11:00 AM 2015 5.3% 5.1%
2016-06-30 11:00 AM Q4 5.8% 5.3%
2016-06-30 11:00 AM Q1 5.6%

Kenyan GDP Grows at Fastest Pace in 1 Year


The Kenyan economy advanced 5.8 percent year-on-year in the three months to September 2015, up from a 5.5 percent expansion in the previous quarter. It was the highest growth rate since the second quarter of 2014, as agriculture expanded sharply due to improved weather conditions. Construction, financial activities, internal trade and transportation also contributed to growth while accommodation sector continued to shrink.

The agricultural sector expanded 7.1 percent, following a 5.6 percent gain in the second quarter due to improved weather conditions, despite lower external demand for horticultural products. The growth was supported by an increase in the production of most major crops along with higher production of tea, coffee and sugarcane. Exports of cut flowers and fruits increased during the quarter while shipments of fruits declined.

Among production sectors, construction grew sharlpy by 14.1 percent (+9.7 percent in Q2) mainly due to credit advanced to the sector and higher cement consumption. Electricity and water supply sector increased by 11 percent (+10.2 percent in Q2), as production of geothermal electricity posted the highest expansion of 40.4 percent followed by hydro-electric power generation which advanced by 12.7 percent.

Among services, financial and insurance activities expanded by 10.1 percent (+7.6 percent in Q2); wholesale and retail trade advanced 6.5 percent (+5.5 percent in Q2); and transport and storage grew 8.7 percent (+6.1 percent in Q2).

By contrast, accommodation and restaurants sector shrank for the seventh straight quarter by 2.3 percent (-0.8 percent in Q2). 

Kenya National Bureau of Statistics | Joana Ferreira | joana.ferreira@tradingeconomics.com
12/30/2015 1:04:23 PM

Kenya GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.40 2.20 3.80 -2.40 percent [+]
GDP Annual Growth Rate 5.80 5.50 12.40 0.20 percent [+]
GDP 60.94 54.93 60.94 0.79 USD Billion [+]
GDP Constant Prices 1019196.00 1000925.00 1019196.00 241627.00 KES Million [+]
Gross Fixed Capital Formation 171213.60 165761.40 508453.00 637.00 KES Million [+]
GDP per capita 648.84 632.57 648.84 155.69 USD [+]
GDP per capita PPP 2776.03 2706.45 2776.03 2120.28 USD [+]
GDP From Agriculture 198453.00 242532.00 267896.00 142195.00 Million KES [+]
GDP From Construction 53129.00 51808.00 53129.00 24862.00 Million KES [+]
GDP From Manufacturing 104971.00 109559.00 113596.00 82195.00 KES Million [+]
GDP From Mining 9434.00 8756.00 10293.00 4195.00 KES Million [+]
GDP From Public Administration 36088.00 44781.00 44781.00 31113.00 KES Million [+]
GDP From Services 23530.00 22234.00 23800.00 18128.00 KES Million [+]
GDP From Transport 71686.00 65399.00 71686.00 47476.00 KES Million [+]
GDP From Utilities 25790.00 25459.00 25790.00 15489.00 KES Million [+]




Last
South Sudan 15.90 Dec/14
Ethiopia 10.20 Dec/14
Ivory Coast 9.80 Dec/15
Congo 9.50 Dec/14
Ireland 9.20 Dec/15
Papua New Guinea 9.00 Dec/15
Myanmar 8.70 Dec/14
Uzbekistan 7.50 Mar/16
India 7.30 Dec/15
Chad 7.20 Dec/14
Monaco 7.20 Dec/14
East Timor 7.10 Dec/14
Rwanda 7.10 Dec/15
Tanzania 7.10 Dec/15
Bangladesh 7.05 Dec/16
Cameroon 7.00 Sep/15
Laos 7.00 Dec/15
Senegal 7.00 Dec/15
Cambodia 6.90 Dec/15
China 6.70 Mar/16
Turkmenistan 6.70 Dec/15
Uganda 6.68 Dec/15
Nicaragua 6.60 Dec/15
Sierra Leone 6.57 Dec/14
Mauritania 6.40 Dec/14
Dominican Republic 6.10 Dec/15
Palestine 6.10 Dec/15
Republic of the Congo 6.00 Dec/14
Tajikistan 6.00 Dec/15
Togo 6.00 Dec/15
Kenya 5.80 Sep/15
Philippines 5.80 Dec/15
Benin 5.70 Dec/15
Malta 5.70 Dec/15
Turkey 5.70 Dec/15
Mozambique 5.60 Dec/15
Bhutan 5.50 Dec/14
Djibouti 5.50 Dec/14
Vietnam 5.46 Mar/16
Panama 5.30 Dec/15
Gabon 5.10 Dec/14
Indonesia 5.04 Dec/15
Bolivia 5.01 Jun/15
Guinea Bissau 5.00 Dec/15
Zambia 5.00 Dec/15
Angola 4.90 Dec/15
Central African Republic 4.90 Dec/15
Ghana 4.90 Dec/15
Niger 4.90 Dec/15
Maldives 4.80 Dec/15
Sao Tome and Principe 4.80 Dec/14
Burundi 4.70 Dec/14
Mali 4.70 Dec/15
Morocco 4.70 Dec/15
Peru 4.70 Dec/15
Oman 4.60 Dec/14
United Arab Emirates 4.60 Dec/14
Egypt 4.50 Jun/15
Malaysia 4.50 Dec/15
Sweden 4.50 Dec/15
Lesotho 4.40 Dec/14
Poland 4.30 Dec/15
Seychelles 4.30 Dec/15
Slovakia 4.30 Dec/15
Pakistan 4.24 Dec/15
Burkina Faso 4.20 Dec/15
Guinea 4.20 Dec/14
Cuba 4.00 Dec/15
Czech Republic 4.00 Dec/15
Fiji 4.00 Dec/15
Kosovo 4.00 Sep/15
Qatar 4.00 Dec/15
Zimbabwe 4.00 Dec/14
Algeria 3.90 Dec/15
Guatemala 3.90 Sep/15
Macedonia 3.90 Dec/15
Romania 3.70 Dec/15
Honduras 3.60 Dec/15
Mauritius 3.60 Dec/15
Saudi Arabia 3.60 Sep/15
Namibia 3.50 Sep/15
Spain 3.50 Dec/15
Nepal 3.40 Dec/15
Suriname 3.40 Dec/14
Colombia 3.30 Dec/15
Costa Rica 3.30 Dec/15
Slovenia 3.30 Dec/15
Cape Verde 3.20 Dec/15
Hungary 3.20 Dec/15
Iceland 3.20 Dec/15
Madagascar 3.20 Dec/14
Australia 3.00 Dec/15
Bulgaria 3.00 Dec/15
Comoros 3.00 Dec/15
Guyana 3.00 Dec/15
Luxembourg 3.00 Dec/15
Malawi 3.00 Dec/15
Georgia 2.90 Dec/15
Bahrain 2.80 Dec/15
Thailand 2.80 Dec/15
Cyprus 2.70 Dec/15
Latvia 2.70 Dec/15
South Korea 2.70 Mar/16
Sudan 2.70 Dec/14
El Salvador 2.60 Dec/15
Jordan 2.60 Sep/15
Somalia 2.60 Dec/14
Mexico 2.50 Dec/15
Sri Lanka 2.50 Dec/15
Swaziland 2.50 Dec/14
Mongolia 2.30 Dec/15
New Zealand 2.30 Dec/15
Israel 2.20 Dec/15
Albania 2.15 Dec/15
Nigeria 2.11 Dec/15
Afghanistan 2.10 Dec/15
Bosnia and Herzegovina 2.10 Dec/15
Germany 2.10 Dec/15
United Kingdom 2.10 Mar/16
United States 2.00 Mar/16
Armenia 1.90 Dec/16
Cayman Islands 1.90 Sep/15
Croatia 1.90 Dec/15
Eritrea 1.90 Dec/14
Hong Kong 1.90 Dec/15
Lithuania 1.90 Dec/15
European Union 1.80 Dec/15
Singapore 1.80 Mar/16
Haiti 1.70 Dec/15
Euro Area 1.60 Dec/15
Netherlands 1.60 Dec/15
Belgium 1.50 Mar/16
Jamaica 1.50 Sep/15
France 1.40 Dec/15
Montenegro 1.40 Dec/15
Chile 1.30 Dec/15
Portugal 1.30 Dec/15
Bahamas 1.20 Dec/15
Serbia 1.20 Dec/15
Austria 1.10 Dec/15
Paraguay 1.10 Dec/15
Italy 1.00 Dec/15
Lebanon 1.00 Dec/15
North Korea 1.00 Dec/14
Argentina 0.90 Dec/15
Estonia 0.70 Dec/15
Japan 0.70 Dec/15
Belize 0.60 Dec/15
Finland 0.60 Dec/15
Iran 0.60 Mar/15
South Africa 0.60 Dec/15
Canada 0.50 Dec/15
Denmark 0.50 Dec/15
Switzerland 0.40 Dec/15
Liberia 0.30 Dec/15
New Caledonia 0.30 Dec/14
Tunisia 0.30 Dec/15
Barbados 0.20 Dec/14
Norway 0.10 Dec/15
Uruguay -0.10 Dec/15
Kazakhstan -0.20 Mar/16
Brunei -0.50 Dec/15
Taiwan -0.52 Dec/15
Greece -0.70 Dec/15
Liechtenstein -0.80 Dec/14
Ecuador -0.90 Dec/15
Puerto Rico -0.90 Dec/14
Gambia -1.40 Dec/14
Ukraine -1.40 Dec/15
Kuwait -1.60 Dec/14
Botswana -1.90 Dec/15
Trinidad and Tobago -2.00 Sep/15
Equatorial Guinea -2.10 Dec/14
Syria -2.30 Dec/11
Iraq -2.40 Dec/14
Moldova -3.30 Dec/15
Azerbaijan -3.50 Mar/16
Belarus -3.60 Mar/16
Russia -3.80 Dec/15
Kyrgyzstan -4.90 Mar/16
Brazil -5.90 Dec/15
Venezuela -7.10 Sep/15
Macau -14.40 Dec/15
Libya -21.80 Dec/14
Yemen -28.10 Dec/15