The main drivers are GDP/capita, level of digitization, and consumer attitudes toward apps. Additional notes:The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated ...
"Growth recovered in 2023 with real GDP growing by 5.6 percent, supported by a strong recovery in agriculture and resilience in the services sector following the return of rains after the severe droughts in 2021-2022," Teferra said. She, however, said the unfortunate losses of lives, displacem...
In October 2023, the Parliament passed an amendment to the Public Finance Management (PFM) law, replacing the Sh 10 trillion public debt numerical ceiling with a debt anchor set at 55 percent of GDP in present value terms that are expected to be achieved by 2029....
In 2023, Kenya’s external debt service costs as a ratio of GDP stands at three percent, ahead of Uganda (2.3 percent) and Tanzania (1.6 percent). On investment inflows, Uganda leads the trio on the ratio of FDI to GDP at 3.2 percent, followed by Tanzania at 1.4 percent and Kenya ...
The same as other countries worldwide, Kenya’s economy was hit by the COVID-19 pandemic in 2020, with the country’s GDP shrinking by 0.3 percent that year. The economy, however, already showed signs of recovery in 2021. Show more - Description Published by , Dec 21, 2023...
Garissa +00254 46; Kakamega +00254 56; Kericho +00254 52; Kisii +00254 58; Kisumu +00254 57; Kitale +00254 54; Malindi +00254 42; Marsabit +00254 69; Meru +00254 64; Mombasa +00254 41; Nairobi +00254 20; Nakuru +00254 51; Thika +00254 67; Voi +00254 43 ...
In macroeconomic terms, Kenya’s total exported goods represent 2.1% of its overall Gross Domestic Product for 2023 ($340.3 billion valued in Purchasing Power Parity US dollars). That 2.1% for exports to overall GDP in PPP for 2023 compares to 2.4% for 2022. Those percentages suggest a relat...
Kenya is a lower middle-income country with a gross domestic product (GDP) per capita of US Dollars (USD) 2,007 [26]. Kenya has a population of more than 47 million, of whom 69% reside in rural areas [27]. About 36.1% of the population lives below the international poverty line, ...
“I don’t think this is going to play out in Africa,” Gabonese prime minister Raymond Ndong Sima tellsThe Africa Report. “We don’t have the [diplomatic] weight. It’s being played out at a higher level.” Understand Africa's tomorrow... today ...
Trade in services Trade in capital Leading trade partners The most important statistics The 20 countries with the highest trade surplus in 2023 Leading export countries worldwide 2023 Value of international trade in Taiwan 2013-2023 Share of total trade value in nominal GDP in Taiwan Q2 2020-Q2...