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:

Kenya Forecast: Real GDP Growth

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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Kenya Key Series

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Includes 223 key indicators for Kenya, curated by CEIC analysts. Instant access to full history data in excel.
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
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 203.9 2019 yearly 2009 - 2019
Current Account Balance (USD mn) -648.0 Dec 2021 monthly Jan 2002 - Dec 2021
Current Account Balance: % of GDP (%) -5.3 Dec 2021 quarterly Mar 2009 - Dec 2021
Foreign Direct Investment (USD mn) 1,332.4 2019 yearly 1970 - 2019
Foreign Direct Investment: % of GDP (%) 1.3 2019 yearly 1996 - 2019
Foreign Portfolio Investment (USD mn) 2,267.135 2019 yearly 2009 - 2019
Foreign Portfolio Investment: % of GDP (%) 2.3 2019 yearly 2009 - 2019
Foreign Portfolio Investment: Equity Securities (USD mn) 13.5 2019 yearly 2009 - 2019
Foreign Portfolio Investment: Debt Securities (USD mn) 2,253.625 2019 yearly 2009 - 2019
External Debt (USD mn) 36,895.2 Dec 2021 monthly Sep 1999 - Dec 2021
External Debt: % of GDP (%) 34.8 2020 yearly 2015 - 2020
External Debt: Short Term (USD mn) 2,293.6 2020 yearly 1970 - 2020
External Debt: Short Term: % of GDP (%) 2.3 2020 yearly 1996 - 2020
Forecast: Current Account Balance (USD bn) -7.699 2027 yearly 1980 - 2027
KE: IIP: Net International Investment Position (USD mn) -36,025.964 2018 yearly 2008 - 2018
KE: IIP: Assets (USD mn) 16,942.231 2018 yearly 2008 - 2018
KE: IIP: Liabilities (USD mn) 52,968.195 2018 yearly 2008 - 2018
Balance of Payment: Current Account (USD mn) -648.000 Dec 2021 monthly Dec 2014 - Dec 2021
BoP: Net Errors and Omissions (KES mn) 6,858.800 2017 yearly 2009 - 2017
BoP: Reserves and Related Items: Reserve Assets (KES mn) -24,917.900 2017 yearly 2009 - 2017
BoP: Current Account: Goods: Exports (USD mn) 1,710.000 Dec 2021 quarterly Mar 2015 - Dec 2021
BoP: Current Account: Services: Debit (USD mn) 1,183.000 Dec 2021 quarterly Mar 2015 - Dec 2021
BoP: Financial Account: Direct Investment: Assets (USD mn) 19.000 Sep 2018 quarterly Mar 2015 - Sep 2018
BoP: Financial Account: Other Investment: Assets (USD mn) 182.000 Sep 2018 quarterly Mar 2015 - Sep 2018
BoP: Current Account: Secondary Income: Debit (USD mn) 17.000 Dec 2021 quarterly Mar 2015 - Dec 2021
BoP: Current Account: Goods: Imports (USD mn) 5,074.000 Dec 2021 quarterly Mar 2015 - Dec 2021
BoP: Capital Account: Credit n.i.e (USD mn) 36.000 Sep 2018 quarterly Mar 2015 - Sep 2018
BoP: Financial Account: Portfolio Investment: Assets (USD mn) 265.000 Sep 2018 quarterly Mar 2015 - Sep 2018
BoP: Current Account: Primary Income: Credit (USD mn) 141.000 Dec 2021 quarterly Mar 2015 - Dec 2021
Balance of Payments (BoP) (USD mn) 402.000 Dec 2021 quarterly Mar 2015 - Dec 2021
BoP: Current Account: Services: Credit (USD mn) 1,707.000 Dec 2021 quarterly Mar 2015 - Dec 2021
BoP: Financial Account n.i.e (USD mn) 451.000 Dec 2021 quarterly Mar 2015 - Dec 2021
BoP: Financial Account: Financial Derivatives: Net (USD mn) 0.000 Sep 2018 quarterly Mar 2015 - Sep 2018
BoP: Current Account: Secondary Income: Credit n.i.e (USD mn) 1,701.000 Dec 2021 quarterly Mar 2015 - Dec 2021
BoP: Current Account n.i.e (USD mn) -1,490.000 Dec 2021 quarterly Mar 2015 - Dec 2021
BoP: Current Account: Services (USD mn) 524.000 Dec 2021 quarterly Mar 2015 - Dec 2021
BoP: Capital Account: Debit (USD mn) 0.000 Sep 2018 quarterly Mar 2015 - Sep 2018
BoP: Financial Account: Portfolio Investment: Liabilities n.i.e (USD mn) -66.000 Sep 2018 quarterly Mar 2015 - Sep 2018
BoP: Current Account: Primary Income: Debit (USD mn) 475.000 Dec 2021 quarterly Mar 2015 - Dec 2021
BoP: Current Account: Goods (USD mn) -3,363.000 Dec 2021 quarterly Mar 2015 - Dec 2021
BoP: Capital Account n.i.e (USD mn) 19.000 Dec 2021 quarterly Mar 2015 - Dec 2021
BoP: Financial Account: Direct Investment: Liabilities n.i.e (USD mn) 383.000 Sep 2018 quarterly Mar 2015 - Sep 2018
BoP: Financial Account: Other Investment: Liabilities n.i.e (USD mn) 993.000 Sep 2018 quarterly Mar 2015 - Sep 2018
BoP: Financial Account: Direct Investment: Liabilities (KES mn) 135,897.000 2019 yearly 2009 - 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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