GDP (annual) in Kenya

International Monetary Fund · Annual · Importance

18,594 (1999) ANUAL · USD mn · Annual · CSV

Period	USD mn
Jan 1999	18,594
Jan 1998	20,630
Jan 1997	18,300
Jan 1996	18,064
Jan 1995	15,905
Jan 1994	12,546
Jan 1993	10,479
Jan 1992	15,084
Jan 1991	15,315
Jan 1990	16,219

About this indicator

Source

International Monetary Fund

Frequency

Annual

Release

Published annually, covering the full year and subject to revision.

What it is

GDP measures the value of all final goods and services produced in Kenya and is the broadest gauge of the size and growth of its economy. It is published by the Kenya National Bureau of Statistics (KNBS).

How it's calculated

Estimated by reconciling the output, expenditure and income approaches in real terms. The KNBS releases year-on-year GDP growth, with agriculture and services featuring prominently.

Market implications

It is the benchmark for Kenya's cycle, East Africa's leading economy and a regional services hub. Firm growth supports the shilling and gives the Central Bank of Kenya room, while a slowdown, with high debt, complicates fiscal policy.

Limitations

It is released with a lag and revisions, so early figures are not final. Heavy reliance on weather-sensitive agriculture and a large informal sector add volatility and hamper measurement.