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 5.656 % in Dec 2022 as reported by International Monetary Fund.
- It records a decrease from the last reported number of 7.228 % in Dec 2021.
- Looking ahead, Kenya Real GDP Growth is projected to stand at 5.424 % 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:
What is Kenya's Forecast: Real GDP Growth in 2027?
Kenya Real GDP Growth is forecasted to be 5.656 % in Dec 2022 as reported by International Monetary Fund. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 5.424 2027 | 5.449 2026 | -1.080 1992 | 8.058 2010 | % | yearly | 1980 - 2027 |
Forecast: Real GDP Growth by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (%) | -2.351 2020 | yearly | 2003 - 2020 |
| Albania (%) | 3.400 2027 | yearly | 1980 - 2027 |
| Algeria (%) | 1.812 2027 | yearly | 1980 - 2027 |
| Andorra (%) | 1.500 2027 | yearly | 2001 - 2027 |
| Angola (%) | 3.940 2027 | yearly | 1980 - 2027 |
| Antigua and Barbuda (%) | 2.703 2027 | yearly | 1980 - 2027 |
| Argentina (%) | 2.000 2027 | yearly | 1980 - 2027 |
| Armenia (%) | 4.500 2027 | yearly | 1993 - 2027 |
| Aruba (%) | 1.400 2027 | yearly | 1987 - 2027 |
| Australia (%) | 2.585 2027 | yearly | 1980 - 2027 |
| Austria (%) | 1.780 2027 | yearly | 1980 - 2027 |
| Azerbaijan (%) | 2.493 2027 | yearly | 1993 - 2027 |
| Bahamas (%) | 1.496 2027 | yearly | 1980 - 2027 |
| Bahrain (%) | 3.050 2027 | yearly | 1980 - 2027 |
| Bangladesh (%) | 9.531 2021 | yearly | 1980 - 2021 |
| Barbados (%) | 1.840 2027 | yearly | 1980 - 2027 |
| Belarus (%) | 0.574 2027 | yearly | 1993 - 2027 |
| Belgium (%) | 1.198 2027 | yearly | 1980 - 2027 |
| Belize (%) | 2.000 2027 | yearly | 1980 - 2027 |
| Benin (%) | 6.028 2027 | yearly | 1980 - 2027 |
| Bhutan (%) | 5.762 2027 | yearly | 1980 - 2027 |
| Bolivia (%) | 3.400 2027 | yearly | 1980 - 2027 |
| Bosnia and Herzegovina (%) | 3.000 2027 | yearly | 1997 - 2027 |
| Botswana (%) | 3.986 2027 | yearly | 1980 - 2027 |
| Brazil (%) | 2.040 2027 | yearly | 1980 - 2027 |
| Brunei (%) | 2.112 2027 | yearly | 1986 - 2027 |
| Bulgaria (%) | 2.840 2027 | yearly | 1980 - 2027 |
| Burkina Faso (%) | 5.305 2027 | yearly | 1980 - 2027 |
| Burundi (%) | 4.519 2027 | yearly | 1980 - 2027 |
| Cambodia (%) | 6.500 2027 | yearly | 1988 - 2027 |
| Cameroon (%) | 5.164 2027 | yearly | 1980 - 2027 |
| Canada (%) | 1.631 2027 | yearly | 1980 - 2027 |
| Cape Verde (%) | 4.498 2027 | yearly | 1980 - 2027 |
| Central African Republic (%) | 4.664 2027 | yearly | 1980 - 2027 |
| Chad (%) | 3.508 2027 | yearly | 1980 - 2027 |
| Chile (%) | 2.459 2027 | yearly | 1980 - 2027 |
| China (%) | 4.784 2027 | yearly | 1980 - 2027 |
| Colombia (%) | 3.445 2027 | yearly | 1980 - 2027 |
| Comoros (%) | 4.342 2027 | yearly | 1980 - 2027 |
| Congo (%) | 3.370 2027 | yearly | 1980 - 2027 |
| Costa Rica (%) | 3.160 2027 | yearly | 1980 - 2027 |
| Croatia (%) | 3.000 2027 | yearly | 1993 - 2027 |
| Cyprus (%) | 2.930 2027 | yearly | 1980 - 2027 |
| Czech Republic (%) | 2.505 2027 | yearly | 1996 - 2027 |
| Democratic Republic of Congo (%) | 6.632 2027 | yearly | 1980 - 2027 |
| Denmark (%) | 1.800 2027 | yearly | 1980 - 2027 |
| Djibouti (%) | 6.000 2027 | yearly | 1992 - 2027 |
| Dominica (%) | 2.489 2027 | yearly | 1980 - 2027 |
| Dominican Republic (%) | 5.000 2027 | yearly | 1980 - 2027 |
| Ecuador (%) | 2.797 2027 | yearly | 1980 - 2027 |
| Egypt (%) | 5.904 2027 | yearly | 1980 - 2027 |
| El Salvador (%) | 1.965 2027 | yearly | 1980 - 2027 |
| Equatorial Guinea (%) | -0.981 2027 | yearly | 1980 - 2027 |
| Eritrea (%) | 3.752 2027 | yearly | 1993 - 2027 |
| Estonia (%) | 3.300 2027 | yearly | 1994 - 2027 |
| Swaziland (%) | 2.278 2027 | yearly | 1980 - 2027 |
| Ethiopia (%) | 6.990 2027 | yearly | 1980 - 2027 |
| Fiji (%) | 3.413 2027 | yearly | 1980 - 2027 |
| Finland (%) | 1.265 2027 | yearly | 1980 - 2027 |
| France (%) | 1.412 2027 | yearly | 1980 - 2027 |
| Gabon (%) | 3.823 2027 | yearly | 1981 - 2027 |
| Gambia (%) | 5.000 2027 | yearly | 1980 - 2027 |
| Georgia (%) | 5.200 2027 | yearly | 1995 - 2027 |
| Germany (%) | 1.134 2027 | yearly | 1980 - 2027 |
| Ghana (%) | 7.485 2027 | yearly | 1980 - 2027 |
| Greece (%) | 1.201 2027 | yearly | 1980 - 2027 |
| Grenada (%) | 2.849 2027 | yearly | 1980 - 2027 |
| Guatemala (%) | 3.503 2027 | yearly | 1980 - 2027 |
| Guinea (%) | 5.107 2027 | yearly | 1980 - 2027 |
| Guinea-Bissau (%) | 5.000 2027 | yearly | 1981 - 2027 |
| Guyana (%) | 3.748 2027 | yearly | 1980 - 2027 |
| Haiti (%) | 1.700 2027 | yearly | 1980 - 2027 |
| Honduras (%) | 3.940 2027 | yearly | 1980 - 2027 |
| Hong Kong SAR, China (%) | 2.849 2027 | yearly | 1980 - 2027 |
| Hungary (%) | 2.700 2027 | yearly | 1980 - 2027 |
| Iceland (%) | 2.299 2027 | yearly | 1980 - 2027 |
| India (%) | 6.168 2028 | yearly | 1981 - 2028 |
| Indonesia (%) | 5.177 2027 | yearly | 1980 - 2027 |
| Iran (%) | 2.025 2028 | yearly | 1981 - 2028 |
| Iraq (%) | 2.625 2027 | yearly | 1999 - 2027 |
| Ireland (%) | 3.030 2027 | yearly | 1980 - 2027 |
| Israel (%) | 3.515 2027 | yearly | 1980 - 2027 |
| Italy (%) | 0.500 2027 | yearly | 1980 - 2027 |
| Ivory Coast (%) | 6.000 2027 | yearly | 1980 - 2027 |
| Jamaica (%) | 1.600 2027 | yearly | 1980 - 2027 |
| Japan (%) | 0.398 2027 | yearly | 1980 - 2027 |
| Jordan (%) | 3.300 2027 | yearly | 1980 - 2027 |
| Kazakhstan (%) | 3.084 2027 | yearly | 1993 - 2027 |
| Kenya (%) | 5.424 2027 | yearly | 1980 - 2027 |
| Kiribati (%) | 1.971 2027 | yearly | 1980 - 2027 |
| South Korea (%) | 2.284 2027 | yearly | 1980 - 2027 |
| Kosovo (%) | 3.500 2027 | yearly | 2001 - 2027 |
| Kuwait (%) | 2.655 2027 | yearly | 1980 - 2027 |
| Kyrgyzstan (%) | 4.041 2027 | yearly | 1993 - 2027 |
| Laos (%) | 4.300 2027 | yearly | 1980 - 2027 |
| Latvia (%) | 3.260 2027 | yearly | 1993 - 2027 |
| Lebanon (%) | -22.000 2020 | yearly | 1980 - 2020 |
| Lesotho (%) | 0.122 2028 | yearly | 1981 - 2028 |
| Liberia (%) | 5.680 2027 | yearly | 2001 - 2027 |
| Libya (%) | 3.588 2027 | yearly | 1980 - 2027 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.7 Dec 2021 | quarterly | Dec 2009 - Dec 2021 |
| Tax Revenue (USD mn) | 11,211.254 Mar 2022 | monthly | Sep 1999 - Mar 2022 |
| Tax Revenue: % of GDP (%) | 6.2 2020 | yearly | 2006 - 2020 |
| National Government Debt (USD mn) | 72,535.4 Dec 2021 | monthly | Sep 1999 - Dec 2021 |
| Government Debt: % of GDP (%) | 67.8 Dec 2021 | quarterly | Dec 2009 - Dec 2021 |
| Forecast: Government Expenditure (KES bn) | 5,190.245 2027 | yearly | 1982 - 2027 |
| Forecast: Government Net Debt (KES bn) | 13,813.335 2027 | yearly | 1998 - 2027 |
| Forecast: Government Revenue (KES bn) | 4,315.443 2027 | yearly | 1982 - 2027 |
| Central Government Revenue and Grants: ytd: Revenue: Tax: Excise Duty (KES mn) | 185,817.879 Mar 2022 | monthly | Sep 1999 - Mar 2022 |
| Central Government Expenditure: ytd: Development (KES mn) | 362,747.063 Mar 2022 | monthly | Sep 1999 - Mar 2022 |
| Central Government Revenue and Grants: ytd: Revenue (KES mn) | 1,520,933.682 Mar 2022 | monthly | Sep 1999 - Mar 2022 |
| Central Government Revenue and Grants: ytd: Revenue: Tax (KES mn) | 1,281,623.146 Mar 2022 | monthly | Sep 1999 - Mar 2022 |
| Central Government Revenue and Grants: ytd: Revenue: Tax: VAT (KES mn) | 382,306.771 Mar 2022 | monthly | Sep 1999 - Mar 2022 |
| Central Government Expenditure: ytd (KES mn) | 2,069,112.502 Mar 2022 | monthly | Sep 1999 - Mar 2022 |
| Central Government Expenditure: ytd: Recurrent (KES mn) | 1,490,045.768 Mar 2022 | monthly | Sep 1999 - Mar 2022 |
| Central Government Surplus or Deficit (KES bn) | -478.312 2020 | yearly | 1998 - 2020 |
| Central Government Debt: Domestic (KES mn) | 4,032,368.180 Dec 2021 | monthly | Sep 1999 - Dec 2021 |
| Central Government Debt: External (KES mn) | 4,174,371.530 Dec 2021 | monthly | Sep 1999 - Dec 2021 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 7.296 2027 | yearly | 1980 - 2027 |
| Trade Balance (USD mn) | -1,180.7 Jan 2022 | monthly | Oct 1992 - Jan 2022 |
| Total Exports (USD mn) | 532.8 Jan 2022 | monthly | Aug 1998 - Jan 2022 |
| Total Exports Growth (%) | 10.6 Mar 2022 | monthly | Aug 1999 - Mar 2022 |
| Aluminum: Exports (USD th) | 5,058.903 2020 | yearly | 1995 - 2020 |
| Exports: Medicament (USD th) | 113,289.556 2020 | yearly | 1995 - 2020 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 4,778.930 2020 | yearly | 1995 - 2020 |
| Total Imports (USD mn) | 1,713.5 Jan 2022 | monthly | Aug 1998 - Jan 2022 |
| Total Imports Growth (%) | 20.9 Jan 2022 | monthly | Aug 1999 - Jan 2022 |
| Imports: Medicament (USD th) | 466,200.846 2020 | yearly | 1995 - 2020 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 127,044.927 2020 | yearly | 1995 - 2020 |
| Total Exports to USA (USD mn) | 40.550 Jan 2022 | monthly | Jan 1998 - Jan 2022 |
| Total Imports from USA (USD mn) | 101.973 Mar 2022 | monthly | Jan 1998 - Mar 2022 |
| Total Exports to China (USD mn) | 16.949 Feb 2022 | monthly | Apr 1998 - Feb 2022 |
| Total Imports from China (USD mn) | 316.557 Jan 2022 | monthly | Jan 2001 - Jan 2022 |
| Exports (KES mn) | 77,063.150 Mar 2022 | monthly | Aug 1998 - Mar 2022 |
| Exports: Re-Exports (KES mn) | 6,399.250 Jan 2022 | monthly | Aug 1998 - Jan 2022 |
| Imports (KES mn) | 213,516.620 Mar 2022 | monthly | Aug 1998 - Mar 2022 |
| Exports: Domestic: Tea (KES mn) | 13,558.640 Mar 2022 | monthly | Aug 1998 - Mar 2022 |
| Exports: Domestic: Coffee (KES mn) | 3,567.810 Mar 2022 | monthly | Aug 1998 - Mar 2022 |
| Exports: Domestic: Cement (KES mn) | 363.620 Mar 2022 | monthly | Aug 1998 - Mar 2022 |
| Exports: Domestic: Horticulture (KES mn) | 11,361.240 Mar 2022 | monthly | Aug 1998 - Mar 2022 |
| Exports: Domestic: Chemicals (KES mn) | 6,360.070 Mar 2022 | monthly | Aug 1998 - Mar 2022 |
| Exports: United Kingdom (KES mn) | 4,292.690 Mar 2022 | monthly | Jan 1998 - Mar 2022 |
| Exports: Netherlands (KES mn) | 6,399.160 Mar 2022 | monthly | Jan 1998 - Mar 2022 |
| Exports: Uganda (KES mn) | 7,681.590 Mar 2022 | monthly | Jan 1998 - Mar 2022 |
| Exports: Tanzania (KES mn) | 5,385.080 Mar 2022 | monthly | Jan 1998 - Mar 2022 |
| Imports: Manufactured Goods Classified Chiefly by Materials (KES mn) | 39,240.820 Mar 2022 | monthly | Aug 1998 - Mar 2022 |
| Imports: Food and Live Animals (KES mn) | 18,322.660 Mar 2022 | monthly | Aug 1998 - Mar 2022 |
| Imports: Chemicals (KES mn) | 39,283.340 Mar 2022 | monthly | Aug 1998 - Mar 2022 |
| Imports: Mineral Fuels, Lubricants and Related Materials (KES mn) | 50,645.010 Mar 2022 | monthly | Aug 1998 - Mar 2022 |
| Imports: Machinery and Transport Equipment (KES mn) | 37,937.830 Mar 2022 | monthly | Aug 1998 - Mar 2022 |
| Imports: United Arab Emirates (KES mn) | 36,265.170 Mar 2022 | monthly | Jan 1998 - Mar 2022 |
| Imports: India (KES mn) | 21,434.900 Mar 2022 | monthly | Jan 1998 - Mar 2022 |
| Imports: Saudi Arabia (KES mn) | 10,726.530 Mar 2022 | monthly | Jan 1998 - Mar 2022 |
| Imports: Italy (KES mn) | 1,641.820 Mar 2022 | monthly | Jan 1998 - Mar 2022 |
| Imports: South Africa (KES mn) | 3,398.830 Mar 2022 | monthly | Jan 1998 - Mar 2022 |
| Exports Volume Index (2009=100) | 110.800 2019 | yearly | 2007 - 2019 |
| Imports Volume Index (2009=100) | 107.100 2019 | yearly | 2007 - 2019 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 11.1 Dec 2021 | quarterly | Mar 2016 - Dec 2021 |
| Non-Performing Loans (USD mn) | 2,674.259 Dec 2019 | monthly | Apr 2001 - Dec 2019 |
| Money Supply M1 (USD mn) | 16,096.844 Feb 2022 | monthly | Dec 1995 - Feb 2022 |
| Money Supply M2 (USD mn) | 30,011.781 Feb 2022 | monthly | Dec 1995 - Feb 2022 |
| M2 Growth (%) | 6.3 Apr 2022 | monthly | Dec 1996 - Apr 2022 |
| Reserve Requirement Ratio (%) | 4.3 Sep 2021 | monthly | Dec 1999 - Sep 2021 |
| Foreign Exchange Reserves (USD mn) | 8,432.2 Mar 2022 | monthly | Dec 2000 - Mar 2022 |
| Foreign Exchange Reserves: % of GDP (%) | 8.601 Dec 2021 | quarterly | Dec 2009 - Dec 2021 |
| Foreign Exchange Reserves: Months of Import (NA) | 4.9 Mar 2022 | monthly | Sep 2005 - Mar 2022 |
| Gold Reserves (USD mn) | 1.083 Mar 2022 | monthly | Sep 1973 - Mar 2022 |
| Total Deposits (USD mn) | 37,575.049 Jun 2021 | monthly | Jan 1999 - Jun 2021 |
| Total Deposits Growth (%) | 5.2 Jun 2021 | monthly | Jan 2000 - Jun 2021 |
| Domestic Credit (USD mn) | 43,828.5 Feb 2022 | monthly | Dec 1995 - Feb 2022 |
| Domestic Credit Growth (%) | 13.6 Apr 2022 | monthly | Dec 1996 - Apr 2022 |
| Total Loans (USD mn) | 40,041.045 Dec 2020 | monthly | Jan 1999 - Dec 2020 |
| Total Loans Growth (%) | 13.87 Dec 2020 | monthly | Jan 2000 - Dec 2020 |
| Private Debt: % of Nominal GDP (%) | 25.98 Dec 2020 | quarterly | Dec 2009 - Dec 2020 |
| Money Supply: M3 (KES mn) | 4,221,200.000 Mar 2022 | monthly | Dec 1995 - Mar 2022 |
| Money Supply: M3: M2: M1 (KES mn) | 1,866,645.730 Apr 2022 | monthly | Dec 1995 - Apr 2022 |
| Money Supply: M3: M2 (KES mn) | 3,483,808.548 Apr 2022 | monthly | Dec 1995 - Apr 2022 |
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National Accounts
Gross Domestic Product: Annual Growth Rate
Gross Domestic Product: by Expenditure: Quarterly
Gross Domestic Product: Nominal
Gross Domestic Product: Real
SNA 1993: GDP: by Expenditure: Chain Linked 2001 Price
SNA 1993: GDP: by Industry: Chain Linked 2001 Price: Annual
SNA 2008: GDP: by Expenditure: Chain Linked 2009 Price
SNA 2008: GDP: by Expenditure: Current Price: Seasonally Adjusted
SNA 2008: GDP: by Industry: Chain Linked 2009 Price: Annual
SNA 2008: GDP: by Industry: Current Price: Annual
SNA 2008: GDP Deflator: 2009=100
SNA 2008: GDP: Gross Fixed Capital Formation: Current Price
SNA 2008: GDP: Output: Current Price
SNA 2008: GDP: Output: Intermediate Consumption: Current Price
SNA 2008: Gross National Disposable Income
Contribution to GDP
Gross Domestic Product: by Expenditure: Annual
Gross Domestic Product: Deflator and Volume Index: Annual
Gross Domestic Product: Purchasing Power Parity
Gross Domestic Product: Share of GDP
SNA 1993: GDP: by Industry: Chain Linked 2001 Price
SNA 1993: GDP: by Industry: Chain Linked 2001 Price: Seasonally Adjusted
SNA 2008: GDP: by Expenditure: Current Price
SNA 2008: GDP: by Industry: Chain Linked 2009 Price
SNA 2008: GDP: by Industry: Current Price
SNA 2008: GDP: Compensation of Employees: Current Price
SNA 2008: GDP: Gross Fixed Capital Formation: Chain Linked 2009 Price
SNA 2008: GDP: Gross Operating Surplus or Mixed Income: Current Price
SNA 2008: GDP: Output: Gross Value Added: Current Price
SNA 2008: GDP per Capita