Kenya Nominal GDP Growth
2010 - 2024 | Quarterly | % | CEIC Data
Key information about Kenya Nominal GDP Growth
- Kenya Nominal GDP Growth was reported at 7.780 % in Jun 2024.
- This records a decrease from the previous number of 8.380 % for Mar 2024.
- Kenya Nominal GDP Growth data is updated quarterly, averaging 12.837 % from Mar 2010 to Jun 2024, with 58 observations.
- The data reached an all-time high of 27.255 % in Dec 2016 and a record low of -1.007 % in Sep 2020.
- Kenya Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
- The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.
CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The Kenya National Bureau of Statistics provides Nominal GDP in local currency.
View Kenya's Nominal GDP Growth from Mar 2010 to Jun 2024 in the chart:
What was Kenya's Nominal GDP Growth in Jun 2024?
Kenya Nominal GDP Growth was reported at 7.780 % in Jun 2024. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 7.780 Jun 2024 | 8.380 Mar 2024 | -1.007 Sep 2020 | 27.255 Dec 2016 | % | quarterly | Mar 2010 - Jun 2024 |
Nominal GDP Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 7.871 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
| Algeria (%) | 6.213 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
| Argentina (%) | 250.930 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Armenia (%) | 7.035 Jun 2024 | quarterly | Dec 1995 - Jun 2024 |
| Australia (%) | 4.372 Jun 2024 | quarterly | Sep 1960 - Jun 2024 |
| Austria (%) | 1.388 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Azerbaijan (%) | 2.381 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Bahrain (%) | 2.392 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Bangladesh (%) | 12.407 2024 | yearly | 2007 - 2024 |
| Belarus (%) | 15.793 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Belgium (%) | 4.072 Jun 2024 | quarterly | Mar 1981 - Jun 2024 |
| Bolivia (%) | 0.615 Mar 2024 | quarterly | Mar 1991 - Mar 2024 |
| Bosnia and Herzegovina (%) | 2.641 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
| Botswana (%) | -2.189 Jun 2024 | quarterly | Sep 1994 - Jun 2024 |
| Brazil (%) | 8.508 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Brunei (%) | 7.833 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Bulgaria (%) | 10.939 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Cambodia (%) | 8.798 2022 | yearly | 1994 - 2022 |
| Canada (%) | 4.866 Jun 2024 | quarterly | Mar 1958 - Jun 2024 |
| Chile (%) | 8.288 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| China (%) | 4.042 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Colombia (%) | 3.506 Mar 2024 | quarterly | Mar 2001 - Mar 2024 |
| Croatia (%) | 8.893 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Cyprus (%) | 7.754 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Czech Republic (%) | 4.815 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Denmark (%) | 3.286 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Ecuador (%) | 3.653 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
| Egypt (%) | 35.403 Jun 2024 | quarterly | Sep 2002 - Jun 2024 |
| Estonia (%) | 2.811 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| European Union (%) | 4.061 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Finland (%) | 0.344 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| France (%) | 3.743 Sep 2024 | quarterly | Mar 1950 - Sep 2024 |
| Georgia (%) | 12.367 Jun 2024 | quarterly | Mar 1997 - Jun 2024 |
| Germany (%) | 2.535 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
| Ghana (%) | 29.025 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
| Greece (%) | 5.123 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Hong Kong SAR, China (%) | 7.581 Jun 2024 | quarterly | Mar 1974 - Jun 2024 |
| Hungary (%) | 9.654 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Iceland (%) | 4.332 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| India (%) | 9.666 Jun 2024 | quarterly | Jun 1997 - Jun 2024 |
| Indonesia (%) | 5.995 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Iran (%) | 35.070 Mar 2024 | quarterly | Jun 1989 - Mar 2024 |
| Ireland (%) | -1.208 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Israel (%) | 3.586 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Italy (%) | 1.999 Jun 2024 | quarterly | Mar 1981 - Jun 2024 |
| Ivory Coast (%) | 681.695 Mar 2023 | quarterly | Mar 1998 - Mar 2023 |
| Japan (%) | 2.165 Jun 2024 | quarterly | Mar 1981 - Jun 2024 |
| Jordan (%) | 3.975 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Kazakhstan (%) | 15.632 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Kenya (%) | 7.780 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| South Korea (%) | 7.226 Jun 2024 | quarterly | Mar 1961 - Jun 2024 |
| Kosovo (%) | 6.081 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Kuwait (%) | 3.246 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Kyrgyzstan (%) | 18.207 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Laos (%) | 23.128 2023 | yearly | 1985 - 2023 |
| Latvia (%) | 2.096 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Lebanon (%) | 19.333 2020 | yearly | 1998 - 2020 |
| Lithuania (%) | 6.888 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Luxembourg (%) | 2.967 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Macau SAR, China (%) | 7.805 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| North Macedonia (%) | 7.276 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Malawi (%) | 10.386 2021 | yearly | 2003 - 2021 |
| Malaysia (%) | 7.452 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
| Malta (%) | 7.622 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Mauritius (%) | 14.332 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Mexico (%) | 6.070 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Moldova (%) | 4.985 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Mongolia (%) | 22.032 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Montenegro (%) | 7.679 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Morocco (%) | 3.615 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Mozambique (%) | 11.026 2023 | yearly | 1964 - 2023 |
| Nepal (%) | 6.662 2024 | yearly | 2002 - 2024 |
| Netherlands (%) | 6.022 Jun 2024 | quarterly | Mar 1989 - Jun 2024 |
| New Zealand (%) | 3.165 Jun 2024 | quarterly | Jun 1988 - Jun 2024 |
| Nigeria (%) | 16.939 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Norway (%) | 4.266 Jun 2024 | quarterly | Mar 1979 - Jun 2024 |
| Oman (%) | 4.546 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Pakistan (%) | 26.432 2024 | yearly | 2001 - 2024 |
| Palestinian Territory (%) | -34.320 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Panama (%) | 3.631 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Paraguay (%) | 8.679 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Peru (%) | 5.953 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
| Philippines (%) | 10.136 Jun 2024 | quarterly | Mar 1982 - Jun 2024 |
| Poland (%) | 5.173 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Portugal (%) | 10.841 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Qatar (%) | -10.389 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Romania (%) | 12.512 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Russia (%) | 19.527 Mar 2024 | quarterly | Mar 1994 - Mar 2024 |
| Saudi Arabia (%) | 4.510 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Serbia (%) | 9.510 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Singapore (%) | 7.799 Jun 2024 | quarterly | Mar 1976 - Jun 2024 |
| Slovakia (%) | 7.535 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Slovenia (%) | 2.897 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| South Africa (%) | 5.079 Jun 2024 | quarterly | Mar 1961 - Jun 2024 |
| Spain (%) | 6.688 Sep 2024 | quarterly | Mar 1971 - Sep 2024 |
| Sri Lanka (%) | 8.448 Mar 2024 | quarterly | Mar 2003 - Mar 2024 |
| Sudan (%) | 103.797 2020 | yearly | 1961 - 2020 |
| Sweden (%) | 4.356 Jun 2024 | quarterly | Mar 1981 - Jun 2024 |
| Switzerland (%) | 4.113 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Syria (%) | 113.698 2022 | yearly | 1971 - 2022 |
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Learn more about what we doKenya 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 Expenditure: ytd: Recurrent (KES mn) | 2,032,665.163 Apr 2024 | monthly | Sep 1999 - Apr 2024 |
| Central Government Revenue and Grants: ytd: Revenue: Tax (KES mn) | 1,692,856.420 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) | 125,626.451 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 16,738.751 2022 | yearly | 1995 - 2022 |
| 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) | 485,345.284 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 157,854.152 2022 | yearly | 1995 - 2022 |
| 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) | 21.561 Jul 2024 | monthly | Apr 1998 - Jul 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: Horticulture (KES mn) | 12,876.500 May 2024 | monthly | Aug 1998 - May 2024 |
| Exports: Domestic: Tea (KES mn) | 14,713.160 Aug 2024 | monthly | Aug 1998 - Aug 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: United Arab Emirates (KES mn) | 31,011.700 Aug 2024 | monthly | Jan 1998 - Aug 2024 |
| Imports: Saudi Arabia (KES mn) | 2,068.310 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 |
| 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) | 1.411 Aug 2024 | monthly | Sep 1973 - Aug 2024 |
| Total Deposits (USD mn) | 34,595.742 Dec 2023 | monthly | Jan 1999 - Dec 2023 |
| Total Deposits Growth (%) | 22.5 Dec 2023 | monthly | Jan 2000 - Dec 2023 |
| 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) | 44,674.778 Dec 2023 | monthly | Jan 1999 - Dec 2023 |
| Total Loans Growth (%) | 12.65 Dec 2023 | monthly | Jan 2000 - Dec 2023 |
| Private Debt: % of Nominal GDP (%) | 29.90 Dec 2023 | quarterly | Dec 2009 - Dec 2023 |
| Money Supply: M3 (KES mn) | 5,381,431.582 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: M2 (KES mn) | 4,043,519.407 Sep 2024 | monthly | Dec 1995 - Sep 2024 |
More Indicators for Kenya
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National Accounts
Gross Domestic Product: Annual Growth Rate
Gross Domestic Product: by Expenditure: Quarterly
Gross Domestic Product: Nominal
Gross Domestic Product: Real
SNA 1993: GDP: by Expenditure: Chain Linked 2001 Price
SNA 1993: GDP: by Industry: Chain Linked 2001 Price: Annual
SNA 2008: GDP: by Expenditure: Chain Linked 2009 Price
SNA 2008: GDP: by Expenditure: Current Price: Seasonally Adjusted
SNA 2008: GDP: by Industry: Chain Linked 2009 Price: Annual
SNA 2008: GDP: by Industry: Current Price: Annual
SNA 2008: GDP Deflator: 2009=100
SNA 2008: GDP: Gross Fixed Capital Formation: Current Price
SNA 2008: GDP: Output: Current Price
SNA 2008: GDP: Output: Intermediate Consumption: Current Price
SNA 2008: Gross National Disposable Income
Contribution to GDP
Gross Domestic Product: by Expenditure: Annual
Gross Domestic Product: Deflator and Volume Index: Annual
Gross Domestic Product: Purchasing Power Parity
Gross Domestic Product: Share of GDP
SNA 1993: GDP: by Industry: Chain Linked 2001 Price
SNA 1993: GDP: by Industry: Chain Linked 2001 Price: Seasonally Adjusted
SNA 2008: GDP: by Expenditure: Current Price
SNA 2008: GDP: by Industry: Chain Linked 2009 Price
SNA 2008: GDP: by Industry: Current Price
SNA 2008: GDP: Compensation of Employees: Current Price
SNA 2008: GDP: Gross Fixed Capital Formation: Chain Linked 2009 Price
SNA 2008: GDP: Gross Operating Surplus or Mixed Income: Current Price
SNA 2008: GDP: Output: Gross Value Added: Current Price
SNA 2008: GDP per Capita