Kenya Forecast: Consumer Price Index Growth

1980 - 2028 | Yearly | % | International Monetary Fund

Key information about Kenya Consumer Price Index Growth Forecast

  • Kenya Consumer Price Index Growth is forecasted to be 5.583 % in Dec 2024 as reported by International Monetary Fund
  • It records an increase from the last reported number of 7.793 % in Dec 2023
  • Looking ahead, Kenya Consumer Price Index Growth is projected to stand at 5.000 % in Dec 2028
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Consumer Price Index: Average Consumer Price: YoY

View Kenya's Forecast: Consumer Price Index Growth from 1980 to 2028 in the chart:

Kenya Forecast: Consumer Price Index Growth

What is Kenya's Forecast: Consumer Price Index Growth in 2028?

Kenya Consumer Price Index Growth is forecasted to be 5.583 % in Dec 2024 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
5.000 2028 4.944 2027 1.554 1995 45.979 1993 % yearly 1980 - 2028

Forecast: Consumer Price Index Growth by Country Comparison

country/region Last Frequency Range
Afghanistan (%) -7.714 2023 yearly 2003 - 2023
Albania (%) 3.024 2028 yearly 1990 - 2028
Algeria (%) 5.032 2028 yearly 1980 - 2028
Andorra (%) 1.700 2028 yearly 2002 - 2028
Angola (%) 8.890 2028 yearly 1980 - 2028
Antigua and Barbuda (%) 2.018 2028 yearly 1980 - 2028
Argentina (%) 32.469 2028 yearly 1998 - 2028
Armenia (%) 4.017 2028 yearly 1993 - 2028
Aruba (%) 1.998 2029 yearly 1987 - 2029
Australia (%) 2.574 2028 yearly 1980 - 2028
Austria (%) 2.059 2029 yearly 1980 - 2029
Azerbaijan (%) 4.000 2028 yearly 1993 - 2028
Bahamas (%) 1.982 2028 yearly 1980 - 2028
Bahrain (%) 2.003 2028 yearly 1980 - 2028
Bangladesh (%) 5.500 2028 yearly 1980 - 2028
Barbados (%) 2.427 2028 yearly 1980 - 2028
Belarus (%) 5.020 2028 yearly 1993 - 2028
Belgium (%) 1.970 2028 yearly 1980 - 2028
Belize (%) 1.207 2028 yearly 1980 - 2028
Benin (%) 2.000 2028 yearly 1980 - 2028
Bhutan (%) 3.960 2028 yearly 1980 - 2028
Bolivia (%) 3.500 2028 yearly 1980 - 2028
Bosnia and Herzegovina (%) 2.021 2028 yearly 1997 - 2028
Botswana (%) 4.500 2028 yearly 1980 - 2028
Brazil (%) 2.965 2028 yearly 1980 - 2028
Brunei (%) 1.000 2028 yearly 1982 - 2028
Bulgaria (%) 2.000 2028 yearly 1981 - 2028
Burkina Faso (%) 2.000 2028 yearly 1980 - 2028
Burundi (%) 7.000 2028 yearly 1980 - 2028
Cambodia (%) 3.000 2028 yearly 1987 - 2028
Cameroon (%) 2.000 2028 yearly 1980 - 2028
Canada (%) 1.968 2028 yearly 1980 - 2028
Cape Verde (%) 2.000 2028 yearly 1980 - 2028
Central African Republic (%) 2.535 2028 yearly 1980 - 2028
Chad (%) 2.968 2028 yearly 1980 - 2028
Chile (%) 3.041 2028 yearly 1980 - 2028
China (%) 2.200 2028 yearly 1981 - 2028
Colombia (%) 2.960 2028 yearly 1980 - 2028
Comoros (%) 1.967 2028 yearly 1980 - 2028
Congo (%) 3.000 2028 yearly 1980 - 2028
Costa Rica (%) 3.000 2028 yearly 1980 - 2028
Croatia (%) 2.079 2028 yearly 1993 - 2028
Cyprus (%) 2.000 2028 yearly 1980 - 2028
Czech Republic (%) 2.000 2028 yearly 1996 - 2028
Democratic Republic of Congo (%) 6.000 2028 yearly 1980 - 2028
Denmark (%) 2.000 2028 yearly 1980 - 2028
Djibouti (%) 2.500 2028 yearly 1992 - 2028
Dominica (%) 2.000 2028 yearly 1980 - 2028
Dominican Republic (%) 4.033 2028 yearly 1980 - 2028
Ecuador (%) 1.543 2028 yearly 1980 - 2028
Egypt (%) 9.499 2028 yearly 1980 - 2028
El Salvador (%) 1.700 2028 yearly 1980 - 2028
Equatorial Guinea (%) 3.000 2028 yearly 1981 - 2028
Eritrea (%) 4.370 2028 yearly 1993 - 2028
Estonia (%) 2.500 2028 yearly 1994 - 2028
Swaziland (%) 4.406 2028 yearly 1980 - 2028
Ethiopia (%) 12.608 2028 yearly 1980 - 2028
Fiji (%) 2.500 2028 yearly 1980 - 2028
Finland (%) 2.000 2029 yearly 1980 - 2029
France (%) 1.557 2028 yearly 1980 - 2028
Gabon (%) 2.662 2028 yearly 1980 - 2028
Gambia (%) 5.000 2028 yearly 1980 - 2028
Georgia (%) 3.007 2028 yearly 1997 - 2028
Germany (%) 1.964 2028 yearly 1980 - 2028
Ghana (%) 8.000 2028 yearly 1980 - 2028
Greece (%) 1.982 2029 yearly 1980 - 2029
Grenada (%) 1.999 2028 yearly 1980 - 2028
Guatemala (%) 3.970 2028 yearly 1980 - 2028
Guinea (%) 7.500 2028 yearly 1980 - 2028
Guinea-Bissau (%) 2.000 2028 yearly 1980 - 2028
Guyana (%) 5.032 2028 yearly 1980 - 2028
Haiti (%) 9.726 2028 yearly 1980 - 2028
Honduras (%) 4.000 2028 yearly 1980 - 2028
Hong Kong SAR, China (%) 2.500 2028 yearly 1980 - 2028
Hungary (%) 3.057 2028 yearly 1980 - 2028
Iceland (%) 2.500 2029 yearly 1980 - 2029
India (%) 4.000 2029 yearly 1980 - 2029
Indonesia (%) 2.461 2028 yearly 1980 - 2028
Iran (%) 25.000 2028 yearly 1980 - 2028
Iraq (%) 2.000 2028 yearly 2005 - 2028
Ireland (%) 2.000 2029 yearly 1980 - 2029
Israel (%) 2.085 2028 yearly 1980 - 2028
Italy (%) 2.000 2029 yearly 1980 - 2029
Ivory Coast (%) 2.000 2028 yearly 1980 - 2028
Jamaica (%) 5.000 2028 yearly 1980 - 2028
Japan (%) 2.016 2029 yearly 1980 - 2029
Jordan (%) 2.489 2028 yearly 1980 - 2028
Kazakhstan (%) 4.698 2028 yearly 1993 - 2028
Kenya (%) 5.000 2028 yearly 1980 - 2028
Kiribati (%) 1.800 2028 yearly 1980 - 2028
South Korea (%) 2.000 2029 yearly 1980 - 2029
Kosovo (%) 2.000 2029 yearly 2001 - 2029
Kuwait (%) 2.011 2028 yearly 1980 - 2028
Kyrgyzstan (%) 4.000 2028 yearly 1993 - 2028
Laos (%) 3.000 2028 yearly 1980 - 2028
Latvia (%) 2.479 2028 yearly 1993 - 2028
Lebanon (%) 84.880 2020 yearly 1980 - 2020
Lesotho (%) 5.500 2028 yearly 1980 - 2028
Liberia (%) 4.988 2028 yearly 1999 - 2028
Libya (%) 2.863 2028 yearly 1980 - 2028

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Kenya Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.0 Jun 2024 quarterly Dec 2009 - Jun 2024
Tax Revenue (USD mn) 12,866.615 Apr 2024 monthly Sep 1999 - Apr 2024
Tax Revenue: % of GDP (%) 7.0 2023 yearly 2006 - 2023
National Government Debt (USD mn) 81,536.2 Jun 2024 monthly Sep 1999 - Jun 2024
Government Debt: % of GDP (%) 67.2 Jun 2024 quarterly Dec 2009 - Jun 2024
Forecast: Government Expenditure (KES bn) 6,278.921 2029 yearly 1982 - 2029
Forecast: Government Net Debt (KES bn) 17,845.284 2029 yearly 1998 - 2029
Forecast: Government Revenue (KES bn) 5,350.228 2029 yearly 1982 - 2029
Central Government Revenue and Grants: ytd: Revenue: Tax: Excise Duty (KES mn) 19,800.000 Jul 2024 monthly Sep 1999 - Jul 2024
Central Government Revenue and Grants: ytd: Revenue: Tax: VAT (KES mn) 48,800.000 Jul 2024 monthly Sep 1999 - Jul 2024
Central Government Expenditure: ytd: Development (KES mn) 11,400.000 Jul 2024 monthly Sep 1999 - Jul 2024
Central Government Revenue and Grants: ytd: Revenue (KES mn) 192,500.000 Jul 2024 monthly Sep 1999 - Jul 2024
Central Government Expenditure: ytd (KES mn) 182,700.000 Jul 2024 monthly Sep 1999 - Jul 2024
Central Government Revenue and Grants: ytd: Revenue: Tax (KES mn) 1,692,856.420 Apr 2024 monthly Sep 1999 - Apr 2024
Central Government Expenditure: ytd: Recurrent (KES mn) 2,032,665.163 Apr 2024 monthly Sep 1999 - Apr 2024
Central Government Surplus or Deficit (KES bn) -478.312 2020 yearly 1998 - 2020
Central Government Debt: Domestic (KES mn) 5,410,300.000 Jun 2024 monthly Sep 1999 - Jun 2024
Central Government Debt: External (KES mn) 5,150,839.749 Jun 2024 monthly Sep 1999 - Jun 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.212 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,029.6 Aug 2024 monthly Oct 1992 - Aug 2024
Total Exports (USD mn) 721.9 Aug 2024 monthly Aug 1998 - Aug 2024
Total Exports Growth (%) -1.0 Aug 2024 monthly Aug 1999 - Aug 2024
Aluminum: Exports (USD th) 7,313.809 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 139,746.221 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 92,666.275 2023 yearly 1995 - 2023
Total Imports (USD mn) 1,751.5 Aug 2024 monthly Aug 1998 - Aug 2024
Total Imports Growth (%) -5.2 Aug 2024 monthly Aug 1999 - Aug 2024
Imports: Medicament (USD th) 427,676.662 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 158,276.910 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 49.691 May 2024 monthly Jan 1998 - May 2024
Total Imports from USA (USD mn) 85.623 Aug 2024 monthly Jan 1998 - Aug 2024
Total Exports to China (USD mn) 19.416 Aug 2024 monthly Apr 1998 - Aug 2024
Total Imports from China (USD mn) 356.737 May 2024 monthly Jan 2001 - May 2024
Imports (KES mn) 226,509.400 Aug 2024 monthly Aug 1998 - Aug 2024
Exports (KES mn) 93,359.140 Aug 2024 monthly Aug 1998 - Aug 2024
Exports: Re-Exports (KES mn) 13,722.030 Aug 2024 monthly Aug 1998 - Aug 2024
Exports: Domestic: Tea (KES mn) 14,713.160 Aug 2024 monthly Aug 1998 - Aug 2024
Exports: Domestic: Horticulture (KES mn) 12,876.500 May 2024 monthly Aug 1998 - May 2024
Exports: Domestic: Cement (KES mn) 410.320 May 2024 monthly Aug 1998 - May 2024
Exports: Domestic: Chemicals (KES mn) 6,851.990 May 2024 monthly Aug 1998 - May 2024
Exports: Domestic: Coffee (KES mn) 3,710.280 Aug 2024 monthly Aug 1998 - Aug 2024
Exports: Netherlands (KES mn) 5,327.110 May 2024 monthly Jan 1998 - May 2024
Exports: Tanzania (KES mn) 5,405.380 May 2024 monthly Jan 1998 - May 2024
Exports: Uganda (KES mn) 11,592.650 May 2024 monthly Jan 1998 - May 2024
Exports: United Kingdom (KES mn) 4,408.330 May 2024 monthly Jan 1998 - May 2024
Imports: India (KES mn) 26,115.020 Aug 2024 monthly Jan 1998 - Aug 2024
Imports: Saudi Arabia (KES mn) 2,068.310 Aug 2024 monthly Jan 1998 - Aug 2024
Imports: United Arab Emirates (KES mn) 31,011.700 Aug 2024 monthly Jan 1998 - Aug 2024
Imports: South Africa (KES mn) 2,795.870 Aug 2024 monthly Jan 1998 - Aug 2024
Imports Volume Index (2009=100) 126.600 2021 yearly 2007 - 2021
Export Value Index (2015=100) 114.099 2021 yearly 1980 - 2021
Import Value Index (2015=100) 121.536 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 500.5 2023 yearly 2009 - 2023
Current Account Balance (USD mn) -266.0 Jun 2024 monthly Jan 2002 - Jun 2024
Current Account Balance: % of GDP (%) -2.5 Jun 2024 quarterly Mar 2009 - Jun 2024
Foreign Direct Investment (USD mn) 728.7 2023 yearly 1970 - 2023
Foreign Direct Investment: % of GDP (%) 0.7 2023 yearly 1996 - 2023
Foreign Portfolio Investment (USD mn) -153.016 2023 yearly 2009 - 2023
Foreign Portfolio Investment: % of GDP (%) -0.1 2023 yearly 2009 - 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -152.2 2023 yearly 2009 - 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -0.807 2023 yearly 2009 - 2023
External Debt (USD mn) 39,766.5 Jun 2024 monthly Sep 1999 - Jun 2024
External Debt: % of GDP (%) 40.3 2023 yearly 2006 - 2023
External Debt: Short Term (USD mn) 2,567.3 2022 yearly 1970 - 2022
External Debt: Short Term: % of GDP (%) 2.2 2022 yearly 1996 - 2022
Forecast: Current Account Balance (USD bn) -5.665 2029 yearly 1980 - 2029
KE: IIP: Net International Investment Position (USD mn) -62,489.498 2021 yearly 2008 - 2021
KE: IIP: Liabilities (USD mn) 88,638.588 2021 yearly 2008 - 2021
KE: IIP: Assets (USD mn) 25,441.893 2023 yearly 2008 - 2023
Balance of Payment: Current Account (USD mn) -266.000 Jun 2024 monthly Dec 2014 - Jun 2024
BoP: Reserves and Related Items: Reserve Assets (KES mn) -24,917.900 2017 yearly 2009 - 2017
BoP: Net Errors and Omissions (KES mn) 6,858.800 2017 yearly 2009 - 2017
Balance of Payments (BoP) (USD mn) -653.000 Jun 2024 quarterly Mar 2015 - Jun 2024
BoP: Current Account n.i.e (USD mn) -795.000 Jun 2024 quarterly Mar 2015 - Jun 2024
BoP: Current Account: Goods (USD mn) -2,273.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Current Account: Goods: Imports (USD mn) 4,717.000 Jun 2024 quarterly Mar 2015 - Jun 2024
BoP: Current Account: Goods: Exports (USD mn) 2,110.000 Jun 2024 quarterly Mar 2015 - Jun 2024
BoP: Current Account: Services: Credit (USD mn) 1,530.000 Jun 2024 quarterly Mar 2015 - Jun 2024
BoP: Current Account: Services (USD mn) 182.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Current Account: Services: Debit (USD mn) 1,197.000 Jun 2024 quarterly Mar 2015 - Jun 2024
BoP: Capital Account n.i.e (USD mn) 45.000 Jun 2024 quarterly Mar 2015 - Jun 2024
BoP: Capital Account: Credit n.i.e (USD mn) 62.000 Jun 2024 quarterly Mar 2015 - Jun 2024
BoP: Capital Account: Debit (USD mn) 0.000 Jun 2024 quarterly Mar 2015 - Jun 2024
BoP: Financial Account n.i.e (USD mn) -1,526.000 Jun 2024 quarterly Mar 2015 - Jun 2024
BoP: Financial Account: Direct Investment: Assets (USD mn) 67.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Financial Account: Portfolio Investment: Liabilities n.i.e (USD mn) 69.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Financial Account: Other Investment: Assets (USD mn) 622.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Financial Account: Financial Derivatives: Net (USD mn) 16.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Financial Account: Other Investment: Liabilities n.i.e (USD mn) 1,394.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Current Account: Primary Income: Debit (USD mn) 414.000 Jun 2024 quarterly Mar 2015 - Jun 2024
BoP: Current Account: Primary Income: Credit (USD mn) 66.000 Jun 2024 quarterly Mar 2015 - Jun 2024
BoP: Current Account: Secondary Income: Credit n.i.e (USD mn) 1,859.000 Jun 2024 quarterly Mar 2015 - Jun 2024
BoP: Current Account: Secondary Income: Debit (USD mn) 31.000 Jun 2024 quarterly Mar 2015 - Jun 2024
BoP: Financial Account: Portfolio Investment: Assets (USD mn) 115.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Financial Account: Direct Investment: Liabilities n.i.e (USD mn) 189.000 Mar 2024 quarterly Mar 2015 - Mar 2024
BoP: Financial Account: Direct Investment: Liabilities (KES mn) 101,915.400 2023 yearly 2009 - 2023
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) 15,269.477 Sep 2024 monthly Dec 1995 - Sep 2024
Money Supply M2 (USD mn) 31,297.631 Sep 2024 monthly Dec 1995 - Sep 2024
M2 Growth (%) 3.7 Sep 2024 monthly Dec 1996 - Sep 2024
Reserve Requirement Ratio (%) 4.3 Mar 2023 monthly Dec 1999 - Mar 2023
Foreign Exchange Reserves (USD mn) 8,024.1 Jul 2024 monthly Dec 2000 - Jul 2024
Foreign Exchange Reserves: % of GDP (%) 7.721 Jun 2024 quarterly Dec 2009 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 4.1 Mar 2024 monthly Sep 2005 - Mar 2024
Gold Reserves (USD mn) 1.488 Sep 2024 monthly Sep 1973 - Sep 2024
Total Deposits (USD mn) 40,815.259 Jun 2024 monthly Jan 1999 - Jun 2024
Total Deposits Growth (%) 7.4 Jun 2024 monthly Jan 2000 - Jun 2024
Domestic Credit (USD mn) 48,136.4 Sep 2024 monthly Dec 1995 - Sep 2024
Domestic Credit Growth (%) 2.3 Sep 2024 monthly Dec 1996 - Sep 2024
Total Loans (USD mn) 52,786.593 Jun 2024 monthly Jan 1999 - Jun 2024
Total Loans Growth (%) 3.31 Jun 2024 monthly Jan 2000 - Jun 2024
Private Debt: % of Nominal GDP (%) 28.54 Jun 2024 quarterly Dec 2009 - Jun 2024
Money Supply: M3: M2 (KES mn) 4,043,519.407 Sep 2024 monthly Dec 1995 - Sep 2024
Money Supply: M3: M2: M1 (KES mn) 1,972,750.707 Sep 2024 monthly Dec 1995 - Sep 2024
Money Supply: M3 (KES mn) 5,381,431.582 Sep 2024 monthly Dec 1995 - Sep 2024

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