Kenya Forecast: Real GDP Growth

1980 - 2027 | Yearly | % | International Monetary Fund

Key information about Kenya Forecast: Real GDP Growth

  • Kenya Real GDP Growth is forecasted to be 5.349 % in Dec 2022 as reported by International Monetary Fund.
  • It records a decrease from the last reported number of 7.517 % in Dec 2021.
  • Looking ahead, Kenya Real GDP Growth is projected to stand at 5.516 % in Dec 2027.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.

View Kenya's Forecast: Real GDP Growth from 1980 to 2027 in the chart:

Kenya Forecast: Real GDP Growth

What is Kenya's Forecast: Real GDP Growth in 2027?

Kenya Real GDP Growth is forecasted to be 5.349 % in Dec 2022 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
5.516 2027 5.517 2026 -1.080 1992 8.058 2010 % yearly 1980 - 2027

Forecast: Real GDP Growth by Country Comparison

country/region Last Frequency Range
Afghanistan (%) 1.750 2024 yearly 2003 - 2024
Albania (%) 3.400 2028 yearly 1980 - 2028
Algeria (%) 1.782 2028 yearly 1980 - 2028
Andorra (%) 1.500 2030 yearly 2001 - 2030
Angola (%) 4.230 2028 yearly 1980 - 2028
Antigua and Barbuda (%) 2.685 2027 yearly 1980 - 2027
Argentina (%) 2.000 2027 yearly 1980 - 2027
Armenia (%) 4.500 2028 yearly 1993 - 2028
Aruba (%) 1.336 2030 yearly 1987 - 2030
Australia (%) 2.279 2027 yearly 1980 - 2027
Austria (%) 1.527 2028 yearly 1980 - 2028
Azerbaijan (%) 2.572 2028 yearly 1993 - 2028
Bahamas (%) 1.496 2027 yearly 1980 - 2027
Bahrain (%) 2.733 2028 yearly 1980 - 2028
Bangladesh (%) 9.531 2021 yearly 1980 - 2021
Barbados (%) 1.840 2027 yearly 1980 - 2027
Belarus (%) 0.741 2028 yearly 1993 - 2028
Belgium (%) 1.289 2028 yearly 1980 - 2028
Belize (%) 2.012 2027 yearly 1980 - 2027
Benin (%) 5.934 2028 yearly 1980 - 2028
Bhutan (%) 6.462 2030 yearly 1980 - 2030
Bolivia (%) 3.400 2027 yearly 1980 - 2027
Bosnia and Herzegovina (%) 3.000 2028 yearly 1997 - 2028
Botswana (%) 3.957 2028 yearly 1980 - 2028
Brazil (%) 2.015 2028 yearly 1980 - 2028
Brunei (%) 2.112 2027 yearly 1986 - 2027
Bulgaria (%) 2.840 2028 yearly 1980 - 2028
Burkina Faso (%) 5.258 2027 yearly 1980 - 2027
Burundi (%) 4.565 2027 yearly 1980 - 2027
Cambodia (%) 6.500 2027 yearly 1988 - 2027
Cameroon (%) 4.898 2027 yearly 1980 - 2027
Canada (%) 1.635 2030 yearly 1980 - 2030
Cape Verde (%) 4.498 2027 yearly 1980 - 2027
Central African Republic (%) 3.347 2028 yearly 1980 - 2028
Chad (%) 3.508 2027 yearly 1980 - 2027
Chile (%) 2.459 2027 yearly 1980 - 2027
China (%) 3.437 2028 yearly 1980 - 2028
Colombia (%) 3.345 2028 yearly 1980 - 2028
Comoros (%) 4.342 2027 yearly 1980 - 2027
Congo (%) 3.980 2028 yearly 1980 - 2028
Costa Rica (%) 3.243 2027 yearly 1980 - 2027
Croatia (%) 2.800 2028 yearly 1993 - 2028
Cyprus (%) 2.970 2030 yearly 1980 - 2030
Czech Republic (%) 2.501 2027 yearly 1996 - 2027
Democratic Republic of Congo (%) 6.482 2028 yearly 1980 - 2028
Denmark (%) 1.800 2027 yearly 1980 - 2027
Djibouti (%) 5.000 2028 yearly 1992 - 2028
Dominica (%) 2.685 2028 yearly 1980 - 2028
Dominican Republic (%) 4.985 2028 yearly 1980 - 2028
Ecuador (%) 2.751 2028 yearly 1980 - 2028
Egypt (%) 5.984 2028 yearly 1980 - 2028
El Salvador (%) 1.965 2027 yearly 1980 - 2027
Equatorial Guinea (%) -0.981 2027 yearly 1980 - 2027
Eritrea (%) 2.925 2028 yearly 1993 - 2028
Estonia (%) 3.300 2027 yearly 1994 - 2027
Swaziland (%) 2.278 2027 yearly 1980 - 2027
Ethiopia (%) 6.953 2028 yearly 1980 - 2028
Fiji (%) 3.459 2028 yearly 1980 - 2028
Finland (%) 1.189 2030 yearly 1980 - 2030
France (%) 1.450 2028 yearly 1980 - 2028
Gabon (%) 3.809 2027 yearly 1981 - 2027
Gambia (%) 5.000 2027 yearly 1980 - 2027
Georgia (%) 5.198 2028 yearly 1995 - 2028
Germany (%) 1.134 2028 yearly 1980 - 2028
Ghana (%) 6.774 2027 yearly 1980 - 2027
Greece (%) 1.355 2027 yearly 1980 - 2027
Grenada (%) 2.849 2027 yearly 1980 - 2027
Guatemala (%) 3.900 2028 yearly 1980 - 2028
Guinea (%) 5.187 2027 yearly 1980 - 2027
Guinea-Bissau (%) 5.000 2027 yearly 1981 - 2027
Guyana (%) 3.320 2027 yearly 1980 - 2027
Haiti (%) 1.500 2027 yearly 1980 - 2027
Honduras (%) 3.940 2027 yearly 1980 - 2027
Hong Kong SAR, China (%) 2.849 2027 yearly 1980 - 2027
Hungary (%) 3.150 2027 yearly 1980 - 2027
Iceland (%) 2.397 2030 yearly 1980 - 2030
India (%) 6.042 2029 yearly 1981 - 2029
Indonesia (%) 5.117 2027 yearly 1980 - 2027
Iran (%) 2.047 2029 yearly 1981 - 2029
Iraq (%) 2.625 2027 yearly 1999 - 2027
Ireland (%) 3.010 2027 yearly 1980 - 2027
Israel (%) 3.499 2027 yearly 1980 - 2027
Italy (%) 0.882 2028 yearly 1980 - 2028
Ivory Coast (%) 6.000 2028 yearly 1980 - 2028
Jamaica (%) 1.600 2027 yearly 1980 - 2027
Japan (%) 0.409 2028 yearly 1980 - 2028
Jordan (%) 3.300 2027 yearly 1980 - 2027
Kazakhstan (%) 2.778 2028 yearly 1993 - 2028
Kenya (%) 5.516 2027 yearly 1980 - 2027
Kiribati (%) 1.971 2027 yearly 1980 - 2027
South Korea (%) 2.340 2027 yearly 1980 - 2027
Kosovo (%) 3.950 2030 yearly 2001 - 2030
Kuwait (%) 2.655 2027 yearly 1980 - 2027
Kyrgyzstan (%) 3.977 2028 yearly 1993 - 2028
Laos (%) 4.496 2028 yearly 1980 - 2028
Latvia (%) 3.377 2027 yearly 1993 - 2027
Lebanon (%) -22.000 2020 yearly 1980 - 2020
Lesotho (%) 1.539 2031 yearly 1981 - 2031
Liberia (%) 5.680 2027 yearly 2001 - 2027
Libya (%) 3.588 2027 yearly 1980 - 2027

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Kenya Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.9 Jun 2025 quarterly Dec 2009 - Jun 2025
Tax Revenue (USD mn) 13,986.408 Apr 2025 monthly Sep 1999 - Apr 2025
Tax Revenue: % of GDP (%) 6.6 2024 yearly 2006 - 2024
National Government Debt (USD mn) 92,599.6 Aug 2025 monthly Sep 1999 - Aug 2025
Government Debt: % of GDP (%) 69.0 Jun 2025 quarterly Dec 2009 - Jun 2025
Forecast: Government Expenditure (KES bn) 6,515.675 2030 yearly 1982 - 2030
Forecast: Government Net Debt (KES bn) 19,848.135 2030 yearly 1998 - 2030
Forecast: Government Revenue (KES bn) 5,159.680 2030 yearly 1982 - 2030
Central Government Revenue and Grants: ytd: Revenue: Tax: Excise Duty (KES mn) 115,900.000 Nov 2024 monthly Sep 1999 - Nov 2024
Central Government Expenditure: ytd: Development (KES mn) 158,000.000 Nov 2024 monthly Sep 1999 - Nov 2024
Central Government Revenue and Grants: ytd: Revenue (KES mn) 1,092,200.000 Nov 2024 monthly Sep 1999 - Nov 2024
Central Government Revenue and Grants: ytd: Revenue: Tax: VAT (KES mn) 248,200.000 Nov 2024 monthly Sep 1999 - Nov 2024
Central Government Expenditure: ytd: Recurrent (KES mn) 1,093,000.000 Nov 2024 monthly Sep 1999 - Nov 2024
Central Government Expenditure: ytd (KES mn) 1,443,100.000 Nov 2024 monthly Sep 1999 - Nov 2024
Central Government Revenue and Grants: ytd: Revenue: Tax (KES mn) 679,400.000 Oct 2024 monthly Sep 1999 - Oct 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.212 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,175.1 Sep 2025 monthly Oct 1992 - Sep 2025
Total Exports (USD mn) 747.8 Sep 2025 monthly Aug 1998 - Sep 2025
Total Exports Growth (%) -25.1 Sep 2025 monthly Aug 1999 - Sep 2025
Aluminum: Exports (USD th) 6,652.580 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 137,291.301 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 36,135.594 2024 yearly 1995 - 2024
Total Imports (USD mn) 1,922.9 Sep 2025 monthly Aug 1998 - Sep 2025
Total Imports Growth (%) -3.6 Sep 2025 monthly Aug 1999 - Sep 2025
Imports: Medicament (USD th) 437,549.295 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 231,810.109 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 51.523 Aug 2025 monthly Jan 1998 - Aug 2025
Total Imports from USA (USD mn) 104.790 Sep 2025 monthly Jan 1998 - Sep 2025
Total Exports to China (USD mn) 25.291 Jul 2025 monthly Apr 1998 - Jul 2025
Total Imports from China (USD mn) 420.626 Aug 2025 monthly Jan 2001 - Aug 2025
Exports (KES mn) 96,644.470 Sep 2025 monthly Aug 1998 - Sep 2025
Imports (KES mn) 227,665.150 Nov 2024 monthly Aug 1998 - Nov 2024
Exports: Re-Exports (KES mn) 9,777.190 Nov 2024 monthly Aug 1998 - Nov 2024
Exports: Domestic: Tea (KES mn) 13,808.090 Dec 2024 monthly Aug 1998 - Dec 2024
Exports: Domestic: Coffee (KES mn) 2,025.080 Dec 2024 monthly Aug 1998 - Dec 2024
Exports: Domestic: Cement (KES mn) 110.210 Dec 2024 monthly Aug 1998 - Dec 2024
Exports: Domestic: Chemicals (KES mn) 5,610.320 Dec 2024 monthly Aug 1998 - Dec 2024
Exports: Domestic: Horticulture (KES mn) 10,919.320 Dec 2024 monthly Aug 1998 - Dec 2024
Exports: Netherlands (KES mn) 4,948.970 Dec 2024 monthly Jan 1998 - Dec 2024
Exports: United Kingdom (KES mn) 5,045.280 Dec 2024 monthly Jan 1998 - Dec 2024
Exports: Tanzania (KES mn) 5,262.690 Dec 2024 monthly Jan 1998 - Dec 2024
Exports: Uganda (KES mn) 8,342.350 Dec 2024 monthly Jan 1998 - Dec 2024
Imports: Mineral Fuels, Lubricants and Related Materials (KES mn) 46,977.700 Dec 2024 monthly Aug 1998 - Dec 2024
Imports: Food and Live Animals (KES mn) 17,032.330 Dec 2024 monthly Aug 1998 - Dec 2024
Imports: Machinery and Transport Equipment (KES mn) 48,967.450 Dec 2024 monthly Aug 1998 - Dec 2024
Imports: Manufactured Goods Classified Chiefly by Materials (KES mn) 35,443.980 Dec 2024 monthly Aug 1998 - Dec 2024
Imports: Chemicals (KES mn) 29,382.760 Dec 2024 monthly Aug 1998 - Dec 2024
Imports: India (KES mn) 28,280.580 Nov 2024 monthly Jan 1998 - Nov 2024
Imports: Saudi Arabia (KES mn) 12,730.420 Nov 2024 monthly Jan 1998 - Nov 2024
Imports: Italy (KES mn) 2,386.750 Dec 2024 monthly Jan 1998 - Dec 2024
Imports: South Africa (KES mn) 5,212.520 Nov 2024 monthly Jan 1998 - Nov 2024
Imports: United Arab Emirates (KES mn) 23,094.180 Nov 2024 monthly Jan 1998 - Nov 2024
Imports Volume Index (2009=100) 124.300 2022 yearly 2007 - 2022
Exports Volume Index (2009=100) 125.500 2022 yearly 2007 - 2022
Export Value Index (2015=100) 114.099 2021 yearly 1980 - 2021
Import Value Index (2015=100) 121.536 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 417.6 2024 yearly 2009 - 2024
Current Account Balance (USD mn) -124.0 Jun 2025 monthly Jan 2002 - Jun 2025
Current Account Balance: % of GDP (%) -1.9 Jun 2025 quarterly Mar 2009 - Jun 2025
Foreign Direct Investment (USD mn) 463.4 2024 yearly 1970 - 2024
Foreign Direct Investment: % of GDP (%) 0.4 2024 yearly 1996 - 2024
Foreign Portfolio Investment (USD mn) 430.625 2024 yearly 2009 - 2024
Foreign Portfolio Investment: % of GDP (%) 0.4 2024 yearly 2009 - 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -122.5 2024 yearly 2009 - 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 553.136 2024 yearly 2009 - 2024
External Debt (USD mn) 41,807.5 Aug 2025 monthly Sep 1999 - Aug 2025
External Debt: % of GDP (%) 31.2 2024 yearly 2006 - 2024
External Debt: Short Term (USD mn) 2,815.4 2023 yearly 1970 - 2023
External Debt: Short Term: % of GDP (%) 2.6 2023 yearly 1996 - 2023
Forecast: Current Account Balance (USD bn) -6.168 2030 yearly 1980 - 2030
Balance of Payment: Current Account (USD mn) -266.000 Jun 2024 monthly Dec 2014 - Jun 2024
BoP: Reserves and Related Items: Reserve Assets (KES mn) -24,917.900 2017 yearly 2009 - 2017
BoP: Net Errors and Omissions (KES mn) 6,858.800 2017 yearly 2009 - 2017
BoP: Current Account: Goods (USD mn) -2,273.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Current Account n.i.e (USD mn) -1,452.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Goods: Exports (USD mn) 2,195.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Capital Account: Credit n.i.e (USD mn) 10.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account n.i.e (USD mn) -1,260.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Capital Account n.i.e (USD mn) 10.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Services (USD mn) 182.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Current Account: Services: Debit (USD mn) 1,293.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account: Portfolio Investment: Assets (USD mn) 71.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account: Direct Investment: Assets (USD mn) 110.000 Sep 2024 quarterly Mar 2015 - Sep 2024
Balance of Payments (BoP) (USD mn) -140.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account: Direct Investment: Liabilities n.i.e (USD mn) 186.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account: Portfolio Investment: Liabilities n.i.e (USD mn) 135.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account: Other Investment: Liabilities n.i.e (USD mn) 917.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Secondary Income: Credit n.i.e (USD mn) 2,004.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account: Other Investment: Assets (USD mn) -184.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Services: Credit (USD mn) 1,438.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Primary Income: Credit (USD mn) 80.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Primary Income: Debit (USD mn) 912.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Secondary Income: Debit (USD mn) 32.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account: Financial Derivatives: Net (USD mn) -18.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Capital Account: Debit (USD mn) 0.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Current Account: Goods: Imports (USD mn) 5,221.000 Sep 2024 quarterly Mar 2015 - Sep 2024
BoP: Financial Account: Direct Investment: Liabilities (KES mn) 101,915.400 2023 yearly 2009 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 15.1 Jun 2025 quarterly Mar 2016 - Jun 2025
Non-Performing Loans (USD mn) 2,674.259 Dec 2019 monthly Apr 2001 - Dec 2019
Money Supply M1 (USD mn) 17,804.587 Sep 2025 monthly Dec 1995 - Sep 2025
Money Supply M2 (USD mn) 39,983.357 Sep 2025 monthly Dec 1995 - Sep 2025
M2 Growth (%) 27.8 Sep 2025 monthly Dec 1996 - Sep 2025
Reserve Requirement Ratio (%) 4.3 Mar 2023 monthly Dec 1999 - Mar 2023
Foreign Exchange Reserves (USD mn) 11,480.5 Aug 2025 monthly Dec 2000 - Aug 2025
Foreign Exchange Reserves: % of GDP (%) 8.977 Jun 2025 quarterly Dec 2009 - Jun 2025
Foreign Exchange Reserves: Months of Import (NA) 5.0 Aug 2025 monthly Sep 2005 - Aug 2025
Gold Reserves (USD mn) 2.237 Oct 2025 monthly Sep 1973 - Oct 2025
Total Deposits (USD mn) 43,578.237 Jun 2025 monthly Jan 1999 - Jun 2025
Total Deposits Growth (%) 6.5 Jun 2025 monthly Jan 2000 - Jun 2025
Domestic Credit (USD mn) 52,325.8 Jul 2025 monthly Dec 1995 - Jul 2025
Domestic Credit Growth (%) 8.0 Jul 2025 monthly Dec 1996 - Jul 2025
Total Loans (USD mn) 58,481.108 Jun 2025 monthly Jan 1999 - Jun 2025
Total Loans Growth (%) 10.54 Jun 2025 monthly Jan 2000 - Jun 2025
Private Debt: % of Nominal GDP (%) 27.48 Jun 2025 quarterly Dec 2009 - Jun 2025
Money Supply: M3 (KES mn) 5,488,738.058 Dec 2024 monthly Dec 1995 - Dec 2024
Money Supply: M3: M2 (KES mn) 4,231,335.358 Dec 2024 monthly Dec 1995 - Dec 2024
Money Supply: M3: M2: M1 (KES mn) 2,121,395.209 Dec 2024 monthly Dec 1995 - Dec 2024

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