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Questions

Questions on the economy of Kenya

  1. What is the GDP of Kenya?

    135.9 bn$ in 2025 (IMF, current dollars): no. 7 of 53 African economies.

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  2. What is the economic growth of Kenya?

    Real GDP growth of +4.6 % in 2025 (IMF estimate). The IMF projects +4.5 % for 2026.

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  3. What GDP does the IMF project for Kenya in 2030?

    191.0 bn$ in 2030 according to the IMF projections, against 135.9 bn$ in 2025: real growth of 4.8 % a year on average.

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  4. Is Kenya a rich country?

    GDP per capita of 2,548 $ in 2025, above the African median (1,768 $): no. 23 of 53 in Africa per person (IMF).

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  5. How many people live in Kenya?

    53.4 M inhabitants in 2025 (IMF): no. 7 in Africa by population.

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  6. What is the inflation rate in Kenya?

    4.1 % in 2025, average annual change in consumer prices (IMF). Projection for 2026: 6.0 %.

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  7. Is Kenya highly indebted?

    Public debt of 71.3 % of GDP in 2025, against a median of 53.2 % in Africa: no. 16 of 52 from the most indebted (IMF).

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  8. Is Kenya in default?

    No. Its rating is B− (S&P B · Moody's B3 · Fitch B−). Risk of debt distress: high (IMF-World Bank, 1 Nov 2024).

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  9. What is the credit rating of Kenya?

    S&P B · Moody's B3 · Fitch B−: weak rating, no. 19 of the 34 African countries rated.

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  10. What is the currency of Kenya?

    Its currency: Kenyan shilling (KES).

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  11. What does Kenya export?

    In 2024, mostly: Coffee, tea, spices (19.8 %), Oil, gas, coal (10.6 %), Plants and cut flowers (9.8 %). First client: Uganda (CEPII, BACI).

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  12. Which economic communities is Kenya part of?

    EAC (East African Community).

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  13. Does Kenya have a stock exchange?

    Yes: the Nairobi Securities Exchange, with 56 listed securities.

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  14. What share of the population of Kenya has electricity?

    77.0 % of the population in 2024 (World Bank).

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Answers written from the latest figures of the IMF, the World Bank, CEPII, the rating agencies and the IMF-World Bank debt analyses. Method and sources