Kenya

Kenya

We offer a data-driven country report for Kenya that explores inter alia population, international trading relationships, energy consumption, GDP growth, current account balances, and R&D investment. Additionally, CFI quotes from the Big Mac Index (courtesy of The Economist) which gives a rough idea of purchasing power parity. Other authoritative sources include The United Nations Conference on Trade and Development, The World Bank, and The International Money Fund. Visit us regularly for updates and new sources of key economic information on Kenya.

Its population in 2018 was 50,950,879 [1]

In 2015, 72.66% of its total energy
consumption was renewable [2]

In 2021, its GDP grew by 7.52% [2]

In 2021 it had a negative Current
Account Balance of US$bn 5.94 [3]

Its Expenditure on R&D (as a percentage of
GDP) in 2010 was 0.69% [2]



What free trade areas or economic unions is it a member of?

Member of the African Continental Free Trade Area (AfCFTA) since 01/04/2019

Other members:

Benin, Burkina Faso, Cameroon, Chad, Congo, Côte d'Ivoire, Djibouti, Egypt, Equatorial Guinea, Eswatini, Ethiopia, Gabon, Gambia, Ghana, Guinea, Mali, Mauritania, Namibia, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Sierra Leone, South Africa, Togo, Uganda, Western Sahara, Zimbabwe


What trade deals are there between African Continental Free Trade Area and other countries and economic unions?

None


What trade deals are there with other countries and economic unions?

Common Market for Eastern and Southern Africa (from 08/12/1994)

UK - Kenya EPA (from 01/01/2021)

PwC: Oil & Gas in Africa – Planning a Response to the Price Drop

Overall, activity in the oil and gas industry across the African continent has slowed in the wake of the declining prices in late 2014. Oil production in Africa has fallen
Read more

Calestous Juma: A Biotech Revolution for Africa

In western countries, the genetic modification of crops is often seen as a threat to the environment. Professor Calestous Juma takes a contrarian view: he is a keen advocate of
Read more

PwC: Africa’s Hospitality Sector Poised for Growth

Africa’s hospitality industry is set to meet the rising demand from international tourists, local business travellers, and the continent’s own growing middle class. The sector has seen substantial growth with
Read more

Barclays Africa Group: Striving to Be the ‘Go-To’ Bank in Africa

Barclays Africa Group Limited (Barclays Africa), listed on the Johannesburg Stock Exchange, is one of Africa’s largest financial services groups. It is uniquely positioned as a fully global, fully regional,
Read more

New Report Identifies Major Clean-Tech Market Opportunity for Small Businesses in Developing Countries

Small and medium-sized enterprises (SMEs) in developing countries can generate significant growth and create jobs by seizing a potential $1.6 trillion market opportunity in clean technology. Latin America and Africa
Read more

World Bank Group Commits US$ 5 Billion to Boost Electricity Generation in Six African Countries

The World Bank Group has committed $5 billion in new technical and financial support for energy projects in six African countries – Ethiopia, Ghana, Kenya, Liberia, Nigeria, and Tanzania—which have partnered
Read more

World Bank Group: “Customer is King” – Toward More Effective Development?

“Customer is King” is an old business saying that accentuates the importance of customers in every business. The private sector generally knows that satisfied customers are cheaper to serve and
Read more

Michael Joseph: Banking for the Masses Fuels Mobile Networks

M-Pesa, mobile money, is the lasting legacy of Michael Joseph’s decade-long term as CEO of Safaricom, the largest mobile network operator in Kenya. M-Pesa allows mobile phone users to send
Read more

CFI.co Meets the CEO of Sarit Centre: Nitin Shah

Nitin Shah has registered over thirty years as the chief operations executive of the Sarit Centre – the first enclosed shopping mall in both Kenya and East Africa – a
Read more

PwC, South Africa: Entertainment & Media in Africa – On the Move, Changing Shape & Going Mobile

Digitisation and mobile access are changing the landscape of the South African entertainment and media industry. In South Africa, as in other markets worldwide, consumers’ access to entertainment and media
Read more

Trade with the United Kingdom

Source: UK Office for National Statistics, October 2022.

Contains public sector information licensed under the Open Government Licence v3.0.

CFI

Published by
CFI
4 years ago

Recent Posts

UK Inflation Rate

4 years ago

UK Global Trade By Country – Imports (million £)

4 years ago

UK Global Trade By Country – Exports (million £)

4 years ago

Total Investment by Country (percent of GDP)

4 years ago

Foreign Direct Investment (FDI) net inflows by country from 2013 to 2020 (percent of GDP)

4 years ago

Imports of Goods and Services by Country (percent of GDP)

4 years ago